Igloo Products Explained

Igloo Products Corp.
Type:Subsidiary of Dometic Group
Foundation:1947
Location City:Katy, Waller County, Texas
Location Country:United States
Industry:Coolers
Num Employees:1200
Homepage:www.igloocoolers.com

Igloo Products Corp. is an American manufacturer of ice chests, drink containers, and supporting accessories. It is headquartered in Katy, Waller County, Texas, United States. Igloo is a subsidiary of the Dometic Group. The company was founded in 1947 in Katy and is known for its blue and white coolers. Igloo's product line includes a wide range of coolers and ice chests for various uses, from small personal coolers to large commercial coolers, as well as beverage dispensers, marine coolers, and accessories.

History

Igloo began in 1947 as a metalworking shop that produced metal water coolers for blue-collar workers. In early 1960, Igloo merged with the Production Tooling Company, and the company name changed to Texas Tennessee Industries (TTI). The company's marketing arm was the John T. Everett Company, a company from Memphis, Tennessee.[1]

By 1971, TTI was planning to change its name to Igloo.[2]

The company's first all-plastic ice chest was introduced in 1962 by James F. Hutchison. Igloo makes the coolers for personal and industrial use and claims that nearly three in every four US households own an Igloo cooler. The company's more than 500 products (including personal, beverage, and full-sized coolers) are sold through thousands of retailers in the US and abroad.

Private investment firm Westar Capital purchased Igloo from Brunswick in 2001. J.H. Whitney & Company became the new majority owner in 2008.[3] In March 2014, ACON Investments, a Washington, DC-based private equity firm, purchased Igloo from J.H. Whitney, which will maintain a small stake in the company.[4]

In September 2021, Dometic Group, a Swedish company that manufactures a variety of products, notably in the recreational vehicle market, purchased Igloo from ACON Investments for $677 million.[5]

Corporate affairs

The company's headquarters are in unincorporated Waller County, Texas, United States, west of the city of Katy.[6] The complex has almost 1400000square feet of space on a 105acres plot. The company announced that it was consolidating its corporate headquarters and distribution and manufacturing offices in its current headquarters location. The newest buildings of the headquarters complex, built adjacent to an existing Igloo 500000square feet distribution and manufacturing facility used for over 25 years, include a 87000square feet corporate office and a 805000square feet distribution and manufacturing facility. The two newer buildings were designed by Powers Brown Architecture and built by D.E. Harvey Construction.[7]

During the 1980s, Igloo had its headquarters in Houston.[8]

Prior to 2004, Igloo's manufacturing facilities included the one in Katy and one along Beltway 8 in Spring Branch.[7] [9] The Spring Branch location also housed the company headquarters.[10] In 2004, Igloo announced that it was consolidating its operations to its Katy complex.[7]

Products

Notes and References

  1. "body_about.html." Igloo Products Corp. October 18, 2000. Retrieved on March 3, 2011.
  2. "Issue No. 71-51." News Digest. Securities and Exchange Commission. August 5, 1971. Retrieved on March 2, 2011. "TEXAS TENNESSEE INDUSTRIES, INC., 1001 West Belt Drive, Houston, Texas 77024,[...]" and "The company (which expects to change its name to Igloo Products Corp.)[...]"
  3. http://www.bizjournals.com/houston/stories/2008/11/10/story1.html Igloo changes hands again
  4. http://www.igloocoolers.com/Igloo-Cooler-History Igloo History
  5. News: Dometic acquires Igloo for $677 million as cooler category heats up . Outsidebusinessjournal.com. 2021-09-17. 2021-09-18.
  6. "Igloo Worldwide Headquarters ." Igloo Corporation. Accessed September 5, 2008. "Igloo Products Corp. 777 Igloo Road Katy, Texas 77494"
  7. "Igloo consolidating operations in Katy facility." Houston Business Journal. Monday October 18, 2004. Retrieved on March 2, 2011. "1001 W. Sam Houston Parkway North" for the old Houston facility
  8. National Beverage Marketing Directory. Beverage Marketing Corporation, 1987. 676. Retrieved from Google Books on March 2, 2011. "IGLOO CORPORATION 1001 West Belt Drive Houston. TX 77224"
  9. "Boundary Map." Spring Branch Management District. Retrieved on December 8, 2009.
  10. Herman, Erik L. The Houston Job Bank. Adams Media Corporation, 2003. "IGLOO PRODUCTS CORPORATION 1001 West Sam Houston Parkway North, Houston TX 77013." Retrieved on March 3, 2011., .