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Tower Hobbies is an American e-commerce hobby product retailer founded in 1971 by Bruce Holecek, a radio control (RC) model hobby enthusiast. [ 1 ] Tower Hobbies is a division of Horizon Hobby, LLC and is headquartered in Champaign , Illinois , United States .
In 1971 Tower Hobbies was founded by Bruce Holecek. In 1972 Great Planes Model Distributors was founded by Don Anderson. Hobbico was started in 1985 when Tower Hobbies was combined with Great Planes Model Distributors to form Hobbico, Inc. In November 2005 the company became a 100% employee-owned ESOP (Employee Stock Ownership Plan). [2]
After Great Planes Model Distributors and Tower Hobbies merged in 1984, Hobbico, Inc. was created. [5] In July 1985, Stephens, along with Janet Ottmers, Debra Love, and Eric Meyers, formed Horizon Hobby. [5] October 1, 1985, was the first day of official business as the team started shipping inventory on orders they’d been taking the months ...
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Popularly known as Thailand's "Ghost Tower," this looming structure dates back to 1990. The 47-floor building was only 80% finished when the 1997 Asian financial crisis hit.
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