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All active customers on the Tower Hobbies mailing list received the catalog, as well as a bi-monthly Super Special Sheet spotlighting new and sale-priced items. [8] By the fall of 1982, Tower Hobbies was the world’s biggest mail-order retailer of radio-controlled airplane and boat models, grossing more than $15 million a year. [3]
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 ...
Out of radio-controlled model boats sprang up a new hobby—gas-powered model boating. Radio-controlled, gasoline-powered model boats first appeared in 1962 designed by engineer Tom Perzinka of Octura Models. [citation needed] The gas model boats were powered with O&R (Ohlsson and Rice) small 20 cc ignition gasoline utility engines. This was a ...
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In the 1950s and 1960s until recently, Cox has produced a line of hobby-oriented models of cars, airplanes, and other vehicles. The most noted are the .049 cubic-inch displacement glow fuel powered models, controlled by line (Control Line) or by radio (Radio Control). AMC Matador.049 engine police car from the TV series Adam-12; T-28 Trojan ...
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On February 7, 2009, Estes Industries stopped producing Cox engines and sold all of their remaining inventory – mainly spare parts – to several private buyers from Canada and the US. One of the new owners of the remaining Cox engine and parts inventory has launched a website [1] with an online store. After the bankruptcy of Hobbico in 2019 ...
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