Munchkin (company) explained

Munchkin, Inc.
Type:Private company
Industry:Infant and toddler products
Foundation:1991
Hq Location City:Van Nuys, California
Hq Location Country:United States
Key People:Steven B. Dunn (CEO) Tom Emrey (CFO/COO) Diana Barnes (CBO)
Area Served:Worldwide
Num Employees:280[1]
Products:Child and parenting products for feeding, bath, travel, safety, gates, nursery, diapering
Website:Munchkin (old):
Munchkin (new):
em-bry-on-ics:

Munchkin, Inc. is a privately-held company headquartered in Van Nuys, California known for designing, developing, manufacturing and distributing infant and toddler products. It was founded in 1991 by Steven B. Dunn, its CEO.[2]

History

Steven B. Dunn founded Munchkin with $2.5 million in 1991.[2] [3] By 1995, its products were distributed in 20 countries.[4]

In 2010, Munchkin acquired Lindam, a Harrogate UK-based safety product brand for babies.[5]

In 2014, Munchkin acquired Brica, a maker of travel accessories for babies and toddlers.[6]

In 2016, Munchkin acquired Milkmakers, a manufacturer of lactogenic cookies.[7]

In February 2020, the company added prenatal tea, belly balm, and nausea relief drops to its Milkmaker line.[8]

In January 2022, Munchkin announced it was working with sustainable polymer additive company Smart Plastic Technologies. Through the partnership, Munchkin will use Smart Plastic's Eclipse technology which is designed to bioassimilate polyolefins such as polyethylene and polypropylene, so the plastic completely biodegrades.[9]

Business

Munchkin manufactures more than 600 products for infants and toddlers.[10] It holds over 300 patents, including one for its Miracle 360 sippy cup.[11] [12] Dunn serves as the lead inventor for many of the company's products.[13]

The company also has a licensing deal with Baby Toon, a soft silicone spoon designed by Cassidy Crowley, who featured in the season 11 premiere episode of the reality investment TV program Shark Tank[14] when she was 10 years old.

Former NBC anchor, Lynn Smith, is the host of Munchkin's podcast "StrollerCoaster: A Parenting Podcast."[15]

In 2023, Fortune magazine ranked Munchkin eighth on their list of America’s most innovative companies.

Sustainability

Munchkin's sustainability efforts include goals to reduce packing materials and increase its use of recyclable plastics.[9]

The company participates in Walmart's Project Gigaton to reduce greenhouse gas emissions, and is also part of the United Nations Global Compact sustainability initiative.[9]

After a pet-rescue organization in Missouri informed the company that the packaging material from some of its infant drinking cups had injured one of its rescued cats, Munchkin redesigned the packaging so that it was plastic-free and animal-safe. The new packaging is made of 60 to 70 percent recycled, compostable material, and is now used on a broad range of Munchkin products.[16] The change has also reduced the amount of plastic Munchkin uses by over 320 tons annually.[17]

Munchkin is a sponsor of the Seedling Project and plants a tree for every diaper pail sold. As of February 2020, the project reported that more than 2,000,000 trees had been planted.[18]

In 2022, the Los Angeles Business Journal named Munchkin Honoree Sustainable Company of the Year.[19] In recognition of the company's efforts reduce packaging-related waste, Fast Company included Munchkin in its 2023 list of "Brands that Matter."[20]

Philanthropy

In 2015, after watching the documentary Blackfish, Dunn pledged to donate $1 million to the Whale Sanctuary Project to help build a coastal ocean sanctuary for captive orcas.[21] In 2018, Munchkin partnered with the International Fund for Animal Welfare by featuring at-risk or endangered animals, such as the African elephant and red fox, on a line of its Miracle Cups to raise awareness about conservation and animal rights.[22]

The company also supports Children's Hospital Los Angeles and Baby2Baby.[23]

Munchkin is an ongoing donor to Trees for the Future and has funded the planting of over 4 million trees in sub-Saharan Africa.[24] In 2023, the company donated $1 million and 90,000 acres to the International Fund for Animal Welfare’s “Room to Roam” initiative[25] in Zimbabwe to provide secure migration routes for endangered elephants.[26]

External links

Notes and References

  1. Web site: Nusca . Andrew . Munchkin transformed once- mundane baby products with creative twists—and has now sold to nearly every American family . Fortune.com . Fortune Media IP Limited . 19 July 2023 . March 29, 2023.
  2. News: Never Grow Old: Munchkin Relies on Innovation to Expand Line of Baby Products . LA Times. March 28, 1995 . March 21, 2022.
  3. News: Family Affair . Forbes. November 25, 2002 . March 21, 2022.
  4. Macht . Joshua D. . Growing Global . Inc. . March 15, 1995 . 17 . 4 . 13 June 2023 . Munchkin now distributes in more than 20 countries.
  5. News: Baby business acquired by US company. January 15, 2010. Insider Media. March 21, 2022.
  6. Web site: Charlotte child-products company BRICA acquired . Charlotte Business Journal . January 8, 2014. March 21, 2022.
  7. Web site: All Grown Up: Baby and Mommy Brands Acquired. Ortenberg. Carol. September 16, 2016. NOSH. en-US. February 14, 2019.
  8. News: Now Munchkin's Milkmakers Has A New Line Just For Moms-To-Be . Romkper. February 17, 2020 . March 21, 2022.
  9. News: Munchkin to Develop Materials Using Plastics that Naturally Break Down . Environment Leader. January 27, 2022 . March 21, 2022.
  10. Web site: Munchkin Inc.. Retail Merchandiser. en-gb. March 21, 2022.
  11. Web site: US patents Assigned to Munchkin, Inc. . US Patent Collection. March 21, 2022.
  12. Web site: International patents Assigned to Munchkin, Inc. . Espacenet patent search. March 21, 2022.
  13. Web site: Father of Invention. August 1, 2014. Earnshaw's Magazine. en-US. May 17, 2019.
  14. News: The Baby Toon Update - Shark Tank Season 11 . Shark Tank Recap. March 21, 2022.
  15. Web site: Lynn Smith Podcasts . LynnSmithTV.com . Rylan Media . 19 July 2023.
  16. News: Garcia . Catherine . Stray kitten inspires company to redesign its packaging for the better . 13 June 2023 . The Week . The Future plc . September 15, 2022.
  17. Web site: An injured kitty gave rise to a sustainability drive that will cut plastic usage by 643,630 pounds . Scoop.Upworthy.com . Good Inc. . 19 July 2023.
  18. Web site: Munchkin, Inc . trees.org . March 21, 2022.
  19. Web site: HSBC SUSTAINABLE COMPANY OF THE YEAR HONOREE: MUNCHKIN INC. . LABusinessJournal.com . Los Angeles Business Journal . 15 June 2023 . December 19, 2022.
  20. Web site: Fast Company . 165 BRANDS THAT MATTER IN 2023 . FastCompany.com . Mansueto Ventures LLC . 3 November 2023 . October 3, 2023.
  21. News: Hanson . Hilary . CEO Offers $1 Million Toward Sanctuary, Asks SeaWorld To Free One Orca . February 27, 2019 . Huffington Post . November 16, 2015.
  22. News: Parr . Jacqui . Munchkin announces wildlife partnership . February 27, 2019 . Preschool News.
  23. Web site: Rhinos, and Seals, and CHLA! Oh My!. July 15, 2015. CHLA. en. May 24, 2019.
  24. Web site: There's Power in Partnership . Trees.org . 19 July 2023 . We are currently working in nine countries across sub-Saharan Africa..
  25. Web site: Harrison . Kaleigh . Munchkin Expands Partnership with IFAW to Protect Elephants, Ecosystems in Africa . www.environmentenergyleader.com . C-Suite Compass LLC . 3 November 2023 . August 14, 2023.
  26. Web site: Room to Roam: A visionary approach to conservation in Africa . www.IFAW.org . International Fund for Animal Welfare . 3 November 2023.