australia . it has been suggested that john oster manufacturing company be merged into this article . discuss proposed since march 2016 . sunbeam products inc. type subsidiary industry consumer products founded 1897 ; 119 years ago 1897 sunbeam products 1924 ; 92 years ago 1924 john oster manufacturing company headquarters boca raton florida united states area served worldwide key people andrew c. hill ceo & president 1 products kitchen appliances bedding home and health products parent newell brands website www.sunbeam.com sunbeam products is an american brand that has produced electric home appliances since 1910 . their products have included the mixmaster mixer the sunbeam cg waffle iron coffeemaster 1938 1964 2 and the fully automatic t20 toaster . sunbeam was owned by jarden consumer solutions after jarden s acquisition in 2004 . since newell rubbermaid s purchase of jarden corporation the brand has been owned by the newly formed newell brands company . contents 1 early history 2 purchases and acquisitions 3 john oster manufacturing company 4 chainsaw al 5 emerging from ruin 6 sunbeam oster today 7 product innovation 8 see also 9 references 10 external links early history edit sunbeam s flagship mixmaster model a24 c. 1969 72 in 1897 john k. stewart and thomas clark incorporated their chicago flexible shaft company which made horse trimming and sheep shearing machinery . 3 in 1921 the company produced its first sunbeam branded household appliance the princess electric iron with an option to buy a fireproof metal storage box . the name sunbeam came from a company wide contest to rebrand its growing home appliance business . edwin j gallagher 1897 1983 a buyer and traffic manager for the company won the contest and received a check for 1 000 . the company did not officially incorporate its name to sunbeam until 1946 . 4 in 1928 the company s head designer swedish immigrant ivar jepson invented the mixmaster mixer . introduced in 1930 it was the first mechanical mixer with two detachable beaters whose blades interlocked . 5 several attachments were available for the mixmaster including a juice extractor drink mixer meat grinder food chopper 6 and slicer shredder . 7 8 the mixmaster became the company s flagship product for the next forty years but the brand also became known for the designs mainly by robert davol budlong of electric toasters coffee makers and electric shavers among other appliances . purchases and acquisitions edit sunbeam acquired rain king sprinkler company producing a popular lawn sprinkler line of the 1950s and 1960s . meanwhile sunbeam continued to expand outside of chicago . by the end of the 1970s as the leading american manufacturer of small appliances sunbeam enjoyed about 1.3 billion in annual sales and employed nearly 30 000 people worldwide . the john oster manufacturing company was acquired in 1960 by sunbeam corporation . in 1981 after sunbeam was bought by allegheny international inc. of pittsburgh most of the chicago area factories were closed and the headquarters moved to downtown pittsburgh . under allegheny international s ownership sunbeam became the world s largest maker of small appliances through much of the 1980s . allegheny international moved its headquarters into a 32 floor signature skyscraper in pittsburgh . 9 during this time the companies allegheny controlled included john zink company manufactured air pollution control devices and hanson scale manufactured bathroom scales and other balance machines . 10 allegheny s 4 principal divisions including sunbeam went into decline through the late 1980s . since sunbeam oster was one of the most important divisions responsible for nearly half of all sales the stockholders were very concerned about the leadership . in 1986 the stockholders accused the chairman and ceo robert buckley of mis appropriating funds . 11 12 buckley s successor oliver travers downsized considerably and by 1988 the company was essentially just sunbeam and oster . the decline continued aided by the stock market crash of october 1987 and allegheny filed for chapter 11 bankruptcy . 13 in the fall of 1989 an investment group called japonica partners 14 purchased the remains of allegheny for 250 million 477.2 million today in hostile takeover . 15 the company was renamed sunbeam oster company inc. at this point the business was then divided into 4 divisions outdoor products household products specialty products and international sales . the company headquarters were moved again from pittsburgh to providence rhode island and then finally to fort lauderdale florida . 16 by late 1991 sunbeam oster s sales had increased 7 % enabling it to make the fortune 500 list . john oster manufacturing company edit the john oster manufacturing company was a maker of small appliances . the oster brand is continued today as a trademark of newell brands . the firm was begun in 1924 by john oster manufacturing manually powered hair clippers designed to cut men s hair . john oster manufacturing company was established in the garage of john oster in racine wisconsin . in 1928 they introduced a motor driven clipper . in 1946 in order to diversify the john oster manufacturing company bought the stevens electric company which had received a patent on the liquifying blender in 1922 . 17 after the acquisition the brand osterizer was adopted for these blenders . 18 in 1960 oster manufacturing along with oster and osterizer brands were acquired by sunbeam . 18 chainsaw al edit in 1996 albert j. dunlap was recruited to be ceo and chairman of sunbeam oster . in 1997 sunbeam reported massive increases in sales for its various backyard and kitchen items . dunlap purchased controlling interest in coleman 19 and signature brands acquiring mr. coffee and first alert during this time . stock soared to 52 a share . however industry insiders were suspicious . the sudden surge in demand for barbecues did not hold up under scrutiny . an internal investigation revealed that sunbeam was in severe crisis and that dunlap had encouraged violations of accepted accounting rules . dunlap was fired and under ceo jerry w. levin 20 the company filed for chapter 11 bankruptcy protection in 2001 . soon after sunbeam filed for bankruptcy the u.s. securities and exchange commission sec sued dunlap and four other sunbeam executives alleging that they had engineered a massive accounting fraud . the sec said 60 million of sunbeam s supposed record 189 million earnings for 1997 were the result of fraudulent accounting . it also said that dunlap had falsely created the impression of massive losses in 1996 to make it look as if sunbeam made a dramatic turnaround the next year . along with dunlap and several other officers the sec also sued phillip harlow at sunbeam s accounting firm arthur andersen . dunlap was ultimately banned from serving again as an officer or director of a public company . emerging from ruin edit in 2002 sunbeam emerged from bankruptcy as american household inc. ahi a privately held company . its former household products division became the subsidiary sunbeam products inc. ahi was purchased in september 2004 by the jarden corporation of which it was a subsidiary until 2016 when jarden corporation was purchased by newell rubbermaid to form newell brands 21 sunbeam oster today edit jarden has continued to grow their brands purchasing the holmes group in 2005 22 k2 in 2007 23 and mapa spontex in 2009 . 24 more recently jarden purchased aero international and quickie manufacturing . in september 2011 jarden corp. was predicted to be a good bet for low risk earnings growth . 25 as of 2015 sunbeam batteries were made in china and imported into the united states by greenbrier international and into canada by dtsc imports . 26 product innovation edit currently the sunbeam oster industrial design team is directed by augusto picozza in boca raton florida . 27 picozza and his creative staff which includes industrial designers adam day joe palermo bill goralski doug goodner todd strobel channing miller and timothy love focus on keeping the brands relevant and bringing functional improvements to consumers . 28 the industrial design team often works with outside product consultancies such as teams design altitude beyond design rorke design and many others to design award winning products . 29 30 see also edit concord supplies sunbeam corporation limited australian brand references edit sunbeam products inc. . press release . bloomberg businessweek . retrieved 2009 09 09 . vacuum brewer hey day . coffeekid . 1951 08 12 . retrieved 2012 10 27 . george william 2003 . antique electric waffle irons 1900 1960 a history of the appliance industry in 20th century america . trafford publishing . p. 42 . o. c. ferrell ; john fraedrich ; linda ferrell 2009 . business ethics ethical decision making and cases . cengage learning . p. 373 . david john cole ; eve browning ; fred e. h. schroeder 2069 . encyclopedia of modern everyday inventions . greenwood publishing group . p. 420 . check date values in date help how to use your sunbeam mixmaster instruction manual for model 9b publication mx 392 recipes and instructions mixmaster model a24 publication mx51534a january 1969 box for slicer and shredder for use with model a12 sunbeam mixmaster https news.google.com newspapers id nojiaaaaibaj & sjid nw0daaaaibaj & pg 7213 % 2c6964315 history of sunbeam oster co. inc. fundinguniverse . fundinguniverse.com . retrieved 2012 10 27 . flanigan james august 12 1986 . allegheny mess shows dark side of business . los angeles times . retrieved 4 october 2011 . allegheny international s buckley quits . los angeles times . associated press . august 11 1986 . retrieved oct 4 2011 . thornton jerry feb 22 1988 . business as usual for sunbeam . chicago tribune . retrieved 4 october 2011 . rosenberg hilary 2000 . the vulture investors revised and updated . wiley . pp. 165 230 . isbn 978 0 471 36189 3 . light larry may 27 1991 . the complex art of the chapter 11 deal . businessweek . retrieved 4 october 2011 . florida move for sunbeam . the new york times . october 4 1993 . retrieved 4 october 2011 . blender the history of the blender . a b about oster the history of the oster brand . sunbeam products . archived from the original on april 7 2014 . retrieved december 31 2014 . norris floyd may 20 2005 . at sunbeam big guys won public lost . the new york times . retrieved 4 october 2011 . norris floyd july 16 2001 . the incomplete resume a special report ; an executive s missing years papering over past problems . the new york times . retrieved 4 october 2011 . jarden corp not a household name yet . bloomberg businessweek . november 29 2004 . sorkin andrew ross june 29 2005 . deal seen by makers of household goods . the new york times . retrieved 4 october 2011 . de la merced michael april 25 2007 . sporting goods maker is said to be acquired . the new york times . retrieved 4 october 2011 . dealbook dec 17 2009 . jarden makes 500 million bid for mapa spontex . the new york times . retrieved 4 october 2011 . balwin clare sep 11 2011 . consumer conglomerate jarden set to rise barron s . reuters . retrieved 4 october 2011 . notice 2015 on package of sunbeam batteries . grace robert 25 august 2003 . blackout highlights ingenuity . . plastic news goliath . retrieved 4 october 2011 . patel purva july 14 2002 . making life easier . sun sentinel . retrieved 4 october 2011 . appliance design staff may 18 2010 . 23rd annual eid winners . appliance design . retrieved 4 october 2011 . 2010 china red star awards . red star awards . china red star award committee inc. retrieved 4 october 2011 . external links edit wikimedia commons has media related