Hobbico

Last updated

Hobbico, Inc. was a manufacturer and distributor of hobby products including radio control airplanes, boats, cars, helicopters and multirotors/drones. Other products include plastic model kits, model rockets, model trains, slot cars, crafts, jigsaw puzzles and games. The company had approximately 850 employees worldwide. [1] On January 10, 2018, Hobbico filed for Chapter 11 bankruptcy protection and announced the company is for sale. On April 13, Horizon Hobby acquired control of most Hobbico RC brands & IP (excepting Great Planes Manufacturing). Estes Industries acquired the Estes-Cox business unit and a German venture capital group acquired Revell Germany whole and the Revell-Monogram brands, IP & molds.

Contents

Its headquarters is located in Champaign, Illinois.

The company distributed over 150 brands of hobby products including about 30 proprietary product brands. Proprietary brands include: Axial, ARRMA, Dromida, Team Durango, dBoots, Revell, Monogram, Top Flite, Great Planes, AquaCraft Models, FlightPower, Heli-Max, SuperTigre, O'Donnell Fuel, Duratrax, RealFlight, MonoKote, Carl Goldberg Products, ElectriFly, Coverite, Dynaflite, Flyzone, MuchMore Racing, LiFeSource, Tactic, VS Tank, Estes Industries, Proto-X, TrakPower and others. It was the exclusive distributor for Futaba radio control products in North and South America, for O.S. Engines in North America and HPI Racing, Italeri, Novak Electronics and Nine Eagles in North and South America.

Company history

Related Research Articles

<span class="mw-page-title-main">Interstate Bakeries</span> Bakeries of the United States

Old HB, Inc., known as Hostess Brands from 2009 to 2013 and established in 1930 as Interstate Bakeries Corporation, was a wholesale baker and distributor of bakery products in the United States. Before its 2012 closure and liquidation, it owned the Hostess, Wonder Bread, Nature's Pride, Dolly Madison, Butternut Breads, and Drake's brands.

<span class="mw-page-title-main">LGB (trains)</span> Garden model railway system

LGB stands for Lehmann Gross Bahn - the "Lehmann Big Train" in German. Made by Ernst Paul Lehmann Patentwerk in Nuremberg, Germany, since 1968 and by Märklin since 2007, it is the most popular garden railway model in Europe, although there are also many models of U.S. and Canadian prototypes. LGB caused a revival of garden model railroading in the United States when it was introduced. LGB is sold in North America through Wm. K. Walthers, who took over from Ernst Paul Lehmann's subsidiary, LGB of America, when Märklin bought the LGB assets. Most of the European prototypes were manufactured in Germany, while much of the North American rolling stock was made in China. Production was later moved to Hungary.

Revlon, Inc. is an American multinational company dealing in cosmetics, skin care, perfume, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it remains. Revlon was founded by brothers Charles and Joseph Revson, and chemist Charles Lachman. Revlon products are sold in 150 countries and the company has many global locations including Mexico City, London, Paris, Hong Kong, Indonesia, Sydney, Singapore, and Tokyo.

<span class="mw-page-title-main">Model figure</span> Scale model of a person or creature

A model figure is a scale model representing a human, monster or other creature. Human figures may be either a generic figure of a type, a historical personage, or a fictional character.

<span class="mw-page-title-main">Estes Industries</span> Company that makes functional model rockets

Estes Industries is a model rocket company that was started in Denver, Colorado, USA.

<span class="mw-page-title-main">Revell</span> Scale model manufacturer

Revell GmbH is an American-origin manufacturer of plastic scale models, currently based in Bünde, Germany. The original Revell company merged with Monogram in 1986, becoming "Revell-Monogram". The business operated until 2007, when American Revell was purchased by Hobbico, while the German subsidiary "Revell Plastics GmbH" had separated from the American firm in 2006 until Hobbico purchased it in 2012, bringing the two back together again under the same company umbrella. After the Hobbico demise in 2018, Quantum Capital Partners (QCP) acquired Revell.

<span class="mw-page-title-main">Dippin' Dots</span> Ice cream brand

Dippin' Dots is an ice cream snack invented by Curt Jones in 1988. The confection is created by flash freezing ice cream mix in liquid nitrogen. The snack is made by Dippin' Dots, Inc., headquartered in Paducah, Kentucky. Dippin' Dots are sold in 14 countries, including Honduras and Luxembourg.

<span class="mw-page-title-main">Monogram (company)</span> Toy model manufacturer

Monogram is an American brand and former manufacturing company of scale plastic models of cars, aircraft, spacecraft, ships, and military vehicles since the early 1950s. The company was formed by two former employees of Comet Kits, Jack Besser and Bob Reder.

The Longaberger Company was an American manufacturer and distributor of handcrafted maple wood baskets and other home and lifestyle products. The company opened in 1973, and its handcrafted baskets were a popular home decor item in the 1980s and 1990s.

<span class="mw-page-title-main">Southern Family Markets</span>

Southern Family Markets, headquartered in Birmingham, Alabama, was a chain of American supermarkets owned and operated by C&S Wholesale Grocers, a distributor based in Keene, New Hampshire. The chain was operated as an affiliate of C&S. Southern Family Markets had operated a varying number of supermarkets and 10 liquor stores under the banners Southern Family Markets, Piggly Wiggly, Bruno's, and Food World. The liquor stores, all located along the gulf coast, were called SFM Liquors.

Corelle Brands Kitchenware products maker and distributor

Corelle Brands, LLC is an American kitchenware products maker and distributor based in Downers Grove, Illinois.

<span class="mw-page-title-main">Cox Models</span> Former division of Estes Industries

Cox Models, a former division of Estes Industries of Penrose, Colorado, was a multimillion-dollar hobby company, is one of the hobby industry's oldest companies and is noted for its production of miniature model internal-combustion engines.

Corgi International Limited was a manufacturing company established in 1978 which in 1999 became owner of the Corgi brand after acquiring the independent company Corgi Classics Ltd..

Horizon Hobby, LLC is an American multinational hobby-grade RC radio control (RC) model, model train manufacturer, and distributor. It was founded by Rick Stephens, Janet Ottmers, Debra Love, and Eric Meyers, in July 1985, and headquartered in Champaign, Illinois. Horizon Hobby products are sold in more than 50 countries. Additional facilities are in California and in the United Kingdom, Germany, and China.

Tower Hobbies is an American e-commerce hobby product retailer founded in 1971 by Bruce Holecek, a radio control (RC) model hobby enthusiast. Tower Hobbies is a division of Horizon Hobby, LLC and is headquartered in Champaign, Illinois, United States. The company serves customers in more than 50 countries.

Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transformco.

Carol's Daughter is an American multi-cultural beauty brand headquartered in New York City.

Marusan (マルサン) is a Japanese model and toy company. It is known as the first Japanese plastic model manufacturer and also famous for selling PVC kaiju (monster) character toys during the 1960s. Its headquarters were located in Taitō, Tokyo.

References

  1. "Hobbico website". Archived from the original on October 6, 2014. Retrieved October 3, 2014.
  2. "Hobbico's Employee Stock Ownership Plan Purchases Distributor" Champaign-Urbana News-Gazette - November 2005
  3. "Hobbico Purchases Revell-Monogram" Champaign-Urbana News Gazette - May 2007
  4. "Hobbico acquires model rocket maker Estes-Cox" Archived January 25, 2010, at the Wayback Machine Champaign-Urbana News Gazette - January 2010
  5. "Thunder Tiger appoints Hobbico/Great Planes as exclusive distributor for the Americas" Archived 2011-07-22 at the Wayback Machine Fly RC - September 2010
  6. News-Gazette, The (February 16, 2012). "Hobbico acquisition of German unit marks expansion into Europe". The News-Gazette. Retrieved February 5, 2023.
  7. "Champaign-Urbana News-Gazette". January 11, 2018. Retrieved January 12, 2018.
  8. Zigterman, Ben (June 30, 2018). "Hobbico files for Chapter 7 bankruptcy, beginning liquidation process". The News-Gazette. Retrieved February 5, 2023.
  9. "Hobbico files for Chapter 7 bankruptcy, beginning liquidation process" . Retrieved July 4, 2018.