Sunbeam Products is an American brand that has produced electric home appliances since 1910.
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15 Facts About Sunbeam Products
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Sunbeam Products was owned by Jarden Consumer Solutions after Jarden's acquisition in 2004, which was itself later purchased by Newell Rubbermaid.
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3.
In 1910 the company produced its first Sunbeam Products branded household appliance, the Princess Electric Iron.
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4.
The name "Sunbeam Products" came from a company wide contest to rebrand its growing home appliance business.
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5.
Sunbeam Products did not officially change its corporate name to Sunbeam until 1946.
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6.
Sunbeam Products acquired Rain King Sprinkler Company producing a popular lawn sprinkler line of the 1950s and 1960s.
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7.
In 1981, after Sunbeam Products was bought by Allegheny International Inc of Pittsburgh, most of the Chicago-area factories were closed and the headquarters moved to downtown Pittsburgh.
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Under Allegheny International's ownership Sunbeam Products became the world's largest maker of small appliances through much of the 1980s.
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Since Sunbeam Products-Oster was one of the most important divisions, responsible for nearly half of all sales, the stockholders were very concerned about the leadership.
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10.
Sunbeam Products was renamed Sunbeam-Oster Company, Inc At this point the business was then divided into four divisions: Outdoor Products, Household Products, Specialty Products, and International Sales.
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11.
Sunbeam Products headquarters were moved again from Pittsburgh to Providence, Rhode Island and then finally to Fort Lauderdale, Florida.
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12.
In 1997, Sunbeam Products reported massive increases in sales for its various backyard and kitchen items.
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13.
An internal investigation revealed that Sunbeam Products was in severe crisis, and that Dunlap had encouraged violations of accepted accounting rules.
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14.
The SEC said $60 million of Sunbeam Products's supposed record $189 million earnings for 1997 were the result of fraudulent accounting.
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15.
In 2002, Sunbeam Products emerged from bankruptcy as American Household, Inc, a privately held company.
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