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Ronco Machine company history timeline

1935

1935 Ron Popeil is born in the Bronx.

1945

1945 Ron's father and uncle launch Popeil Brothers, Inc., in Chicago.

1947

Sam Popeil was trained by his uncles to demonstrate and sell kitchen gadgets, and he and his sibling Raymond launched Popeil Brothers, Inc. in Chicago in 1947.

1962

Featuring the Ronco Spray Gun, a hose spraying device that consumers could use to wash and wax their automobiles as well as to fertilize their lawns, the commercial made its debut in 1962.

1964

Ron Popeil founded Ronco in 1964, and commercials for the company's products quickly made Ronco a household name.

1966

By 1966, more than one million spray guns had been sold.

1969

Under the name Ronco Teleproducts, the firm completed its initial public offering in 1969, selling 22 percent of its shares for $5.5 million.

1969 Ronco makes its first public offering.

1970

The firm raised another $750,000 via an offering on the American Stock Exchange in 1970.

1974

1974 Popeil releases his first invention, the "Smokeless Ashtray."

1983

Ronco overbought the device for the 1983 Christmas season and was not up to competition from the likes of Norelco, Remington, and other leading housewares manufacturers, who initiated a price war in the category.

1983 Ronco overstocks the CleanAire Machine for the holiday season.

1984

Heavy debt forced Ronco into bankruptcy in 1984.

1987

1987 Trying to rebuild Ronco, Popeil tours the fair circuit and begins selling his food dehydrator.

1989

1989 Popeil begins selling via infomercials.

1993

The infomercial generated a total of $80 million in food dehydrator sales by 1993.

1994

In 1994, Creative Technologies Corporation sued Popeil and the retailers affiliated with his pasta maker for patent infringement, false advertising, and unfair competition.

1997

1997 Release of the New and Improved Popeil Automatic Pasta and Sausage Maker.

1998

1998 Release of the Ron Popeil Showtime Rotisserie and Barbecue.

2000

porter, thyra. "ron popeil ronco: he's a successful inventor and a savvy merchandiser. . .but wait, there's more." hfn: the weekly newspaper for the home furnishing network., 27 november 2000.

Sales for Ronco Inventions grew 11.1 percent to a record $250 million in 2000.

2001

donoho, ron. "one-man show." sales & marketing management, june 2001.

More than 2.5 million units were sold for a total of $400 million by mid-2001.

2003

In 2003 Allen approached Popeil, who later agreed to sell Ronco for $55 million.

2004

Today Popeil is still going strong, even after selling Ronco in 2004.

2005

2005 Popeil sells Ronco for $55 million.

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