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Many notable individuals in the 1960s through the 1990s and beyond created the landscape of modern RC modeling. These included many starting their own companies. The families of many of these individuals lost interest in continuing these businesses. The incoming supply of ARF planes from overseas made it hard to sell kits requiring assembly.
Tully sold its North American wholesale coffee-bean distribution business, brand (which it licensed back for $1/year in perpetuity), and roasting operation to Green Mountain Coffee Roasters in 2009, earning $40.3 million in the deal, allowing the company to pay off 100% of its debt, including trade debt, make a cash distribution to shareholders, and maintain substantial cash reserves for the ...
High Planes Models (Australia/Singapore) - Australian Company moved to Singapore after sale. Aircraft kits and accessories. JAYS Model Kits [9] (New Zealand) Aircraft Kits mostly formerly Ventura. Kiwi Wings [9] (New Zealand) - Aircraft Kits part of JAYS Model Kits; Kora Models (Czech Republic) Legato [5] (Czech Republic) - brand of AZ Model ...
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The Horizon Hobby logo. 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, [1] in July 1985, [2] and headquartered in Champaign, Illinois. [3]
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