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Encyclopedia > Ertl Company
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The Ertl Company is an American toy company best known for its die-cast metal alloy collectible replicas of farm equipment and vehicles. The company is based in Dyersville, Iowa, home of the National Farm Toy Museum. In the 1990s, Ertl also began production in Mexico, inevitably laying off the employees of the original Ertl factory which would become a warehouse/distribution facility and an outlet store. Teddy bear A toy is something to play with, for children, adults or both, or pets. ... A collectible (or collectable) is a manufactured item designed for people to collect. ... Farm equipment is any kind of machinery used on a farm to help with farming. ... Vehicles are non-living means of transportation. ... The Basilica of Saint Francis Xavier, Dyersville, Iowa. ... The National Farm Toy Museum Building in Dyersville, Iowa The National Farm Toy Museum is a museum located in Dyersville, Iowa that specializes in preserving and displaying scale models, replicas, and toys based on farm equipment. ... See also 1990s, the band The 1990s decade refers to the years from 1990 to 1999, inclusive, sometimes informally including popular culture from the very late 1980s and from 2000 and beyond. ... Downsizing refers to layoffs initiated by a company in order to cut labor costs by reducing the size of the company. ...


The popularity of Ertl toys is undoubtedly due to their detailed, small-scale representations of tractors and other vehicles. For years, Ertl's advertising slogan was "Ertl just like the real thing, only smaller." Look up Slogan in Wiktionary, the free dictionary. ...


Ertl has been producing farm toy replicas since 1945. For over 60 years, the company has produced farm toys for the biggest names in the industry including John Deere, CaseIH, New Holland, and AGCO. Ertl has also, on different occasions, acquired the licenses to produce die-cast vehicles and figurines as well as model kits for Thomas the Tank Engine, DC Comics, and Star Wars. IN 1999 Ertl was purchased by Racing Champions. Ertl is currently a brand under the RC2 Corp. umbrella. A rare Dresden porcelain figurine Figurine is a diminutive form of the word figure, and generally refers to a small, human-made object that represents some sort of being. ... A scale model is a representation or copy of an object that is larger or smaller than the actual size of the object being represented. ... Thomas the Tank Engine. ... DC Comics is one of the largest American companies in comic book and related media publishing. ... The cover of the 2004 DVD widescreen release of the revamped original Star Wars Trilogy. ...


Important Dates in Racing Champions/Ertl Company History


1945 The Ertl Company is founded by Fred Ertl, Sr.


1959 The company moves to larger facilities in Dyersville, Iowa.


1967 Ertl is acquired by Victor Comptometer Corporation.


1971 Ertl acquires Carter Tru-Scale.


1972 Ertl begins manufacturing plastic model kits.


1974 Ertl acquires Structo Stamped Steel.


1977 Kidde, Inc. acquires Ertl with purchase of Victor Comptometer Corp.


1981 Ertl acquires AMT model kit company.


1985 Ertl acquires MPC model kits.


1987 Hanson PLC purchases Kidde Corporation. Ertl acquires ECSI model kit company.


1989 Racing Champions is founded by Bob Dods, Boyd Meyer and Peter Chung.


1990 Ertl releases the first Precision Series farm toy replica.


1991-92 Racing Champions obtains NASCAR license


1992 Fred Ertl, Jr. retires


1995 Hanson PLC consolidates its U.S. companies to form U.S.I. (United States Industries.


1996 Racing Champions introduces its Mint line of non-racing vehicles.

 Racing Champions Corporation is formed.

1997 Racing Champions completes its initial public stock offering

 (RACN on NASDAQ).

1999 Racing Champions acquires The Ertl Company.


See also

Maisto is a company that manufactures die-cast models of automobiles, aircraft, and a number of Tonya products. ... Hot Wheels Car - Dodge Viper Hot Wheels is a popular brand of toy automobile, introduced by U.S. toymaker Mattel in 1968. ... Toy model of Daihatsu Midget Tomica (トミカ) is the line of die-cast toy vehicles and related products that Tomy Co. ... Matchbox Superfast window sticker. ...

External link

  • Ertl website

  Results from FactBites:
 
William Britain - History of this Toy Soldier Company (1114 words)
Ertl bought W. Britain primarily for the farm series, not the toy soldier business, as Ertl was already an established manufacturer of farm toys in the USA and thought the Britains farm lines would be a good addition to its company.
Ertl however did nothold on to W. Britain for very long as in 1999 the entire Ertl company, including W. Britain, was bought out by an even larger US toy company Racing Champions.
Under the Racing Champions company W. Britain continued to grow, especially the newer style matte/connoisseur painted action figure ranges Ertl had begun to introduce in the late 90s, these figures were a distinct change to the traditional gloss figures Britains had produced for over 100 years.
SEC EDGARpro API | View Text (7825 words)
The Company does not expect Statement No. 144 to have a material impact on its financial condition or results of operations and there was no impact for the interim period ended March 31, 2002.
The Company is also required to pay a commitment fee on the average unused revolver of 0.20% to 0.30%, determined by the ratio of consolidated debt to consolidated EBITDA.
The Company believes that its cash flow from operations, cash on hand and borrowings under the credit agreement will be sufficient to meet its working capital and capital expenditure requirements and provide the Company with adequate liquidity to meet anticipated operating needs for 2002.
  More results at FactBites »


 

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