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Total sales reached $50 million by 1979, with Mr. Coffee machines accounting for 50% of the U.S. consumer coffee maker market that year. [1] Glazer and Marotta headed Mr. Coffee's parent company until 1987, when North American Systems was acquired by a securities firm in a leveraged buyout worth $82 million. [1]
The Mr. Coffee brand manufactures automatic-drip kitchen coffee machines as well as other products. In 1972, the Mr. Coffee brand drip coffee maker was made available for home use.
The new machine, which was patented by Edmund Abel, came to be called Mr. Coffee. [1] In addition to a less bitter flavor, Abel's heating element for Mr. Coffee could also brew coffee much faster than any, similar machines available at the time. [1] Mr. Coffee could brew one cup of coffee in just 30 seconds and ten cups in just five minutes. [1]
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Samuel Lewis Glazer (February 24, 1923 – March 21, 2012) was an American businessman, investor, and philanthropist. Glazer founded North American Systems with his business partner, Vincent Marotta Sr. [1] and the two also co-developed Mr. Coffee, one of the first automatic drip coffee makers to be introduced to the American consumer market. [2]
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3579 S High St, Columbus, OH · Directions · (614) 409-0683