Russell Hobbs, Inc

This article is about the American company founded as Salton Inc.. For the original British company, see Russell Hobbs.
A typical George Foreman grill
A Salton electric rice cooker

Russell Hobbs, Inc. (formerly Salton, Inc.) (not to be confused with the British Company of the same name) was a United States company based in Florida that manufactured home appliances, most notably the George Foreman grill and Russell Hobbs appliances. In June 2010, Russell Hobbs, Inc. was taken over by and became part of Spectrum Brands.

Company history

Its headquarters were in Miramar, Florida. The company was founded in 1947 by Lou Salton, a Jewish immigrant from Poland.

In 2001, General Time Corporation, parent company of Westclox, a clock manufacturer, went bankrupt, and sold the Westclox trademarks to Salton.

Also in 2001, Salton bought the UK housewares and personal care company Pifco Group, which included the brands of Russell Hobbs, Carmen and Tower.[1]

Salton was licensed to make small appliances, such as vacuum cleaners under the Westinghouse name, from 2002 to 2008.[2]

On 6 August 2007, Salton was suspended from the NYSE.[3] It was subsequently listed on the OTC Bulletin Board, changing its symbol from SFP to SFPI.

In October 2007, Salton sold its entire time products business, including the Westclox and Ingraham trademarks, to NYL Holdings LLC.[4]

In December 2007, Salton merged with another small household appliance business, Applica Incorporated, which owned the LitterMaid brand and a license to the Black and Decker brand for home appliances. Applica then became a wholly owned subsidiary of Salton, Inc. In December 2009, the combined company changed its name to Russell Hobbs, Inc.[5]

A Canadian company with the name Salton Appliances (1985) Corp.[6] continues to operate in the home appliance sector as an independent entity. There has never been any connection between Russell Hobbs, Inc. (formerly Salton, Inc.) and Salton Appliances (1985) Corp., which sells small kitchen appliances widely under Salton, Toastess, Delfino and private brands throughout the United States, Canada and Latin America.

Spectrum Brands

Spectrum Brands bought Russell Hobbs in 2010. All its products are manufactured in China.[7]

References

  1. ↑ http://www.allbusiness.com/retail-trade/electronics-appliance-stores/800378-1.html Salton Buys up Pifco Group
  2. ↑ "Salton, Inc. Announces Exclusive Licensing Agreement With Westinghouse; Salton Granted Right to Use Westinghouse Brand Name & Circle W Trademark". Business Wire. April 22, 2002.
  3. ↑ http://www.nyse.com/press/1185968432588.html
  4. ↑ "Summary of SALTON INC - Yahoo! Finance". 2007-11-13. Archived from the original on October 13, 2009. Retrieved 2008-10-22.
  5. ↑ https://web.archive.org/web/20110413080902/http://www.russellhobbsinc.com/about/ Official site, About us (archived 2011-04-13)
  6. ↑ http://www.salton.com/ According to the ICANN registration database, this domain was created on 1996-07-23 and as of January 2015 it is registered to Salton Appliances (1985) Corporation, 81A Brunswick Blvd., Dollard Des Ormeaux, Quebec, Canada. Phone: +1 514-685-3660; Fax: +1 514-685-8300
  7. ↑ Newman, Judy (2010-06-23). "What to expect from the Spectrum Brands acquisition of Russell Hobbs". Wisconsin State Journal. Retrieved 2011-10-17.

External links


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