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Oriental Trading Company is a direct merchant of value-priced party supplies, arts and crafts, toys, novelties, and school supplies. [5] It was founded in 1932 as a wholesaling company. It is based in Omaha, Nebraska, and is owned by Berkshire Hathaway. [6] [7] Alternative known names for Oriental Trading Company include "Oriental Trading" & "OTC".
Omaha's economy has grown dramatically since the early 1990s. The city has five companies that rank in the Fortune 500 . It also is the smallest city to have two major research hospitals, the University of Nebraska Medical Center and Creighton University Medical Center.
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Berkshire Hathaway Inc. (/ ˈ b ɜːr k ʃ ər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023).
Berkshire Hathaway to Acquire Oriental Trading Company OMAHA, Neb.--(BUSINESS WIRE)-- (NYSE: BRK.A; BRK.B) - Berkshire Hathaway Inc. Chairman and CEO Warren Buffett and Oriental Trading Company ...
Terrance Watanabe is an American businessman and high roller who inherited Oriental Trading Company, a direct merchant of value-priced party supplies, arts and crafts, toys and novelties and school supplies founded by his father Harry Watanabe.
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In 1986, it was acquired by Berkshire Hathaway, a multinational conglomerate holding company headquartered in Omaha, Nebraska. [7] [14] In the same year it acquired American Angler, manufacturer of fishing fillet knives and accessories. [15] In 1989, Western Enterprises became Western Plastics to focus on manufacturing for the Kirby brand. [12]