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Model Company Background – Creators, Innovation and the Power of Product Development

From a carpenter in Billund, Denmark, to a world-renowned toy manufacturer.

LEGO, the colourful foundations that have work as a staple on the modern model box, developed life in 1932 for the reason that the creation places to take your kids of Ole Kirk Christiansen. His first products were hardwood toys, yet he in the near future turned to vinyl bricks following your Great Depression strike and this individual discovered that among the a lot of potential as a constructive play program.

Toy Business History: Creators, Innovation as well as the Power of Application

The PROFANO Group’s early years were a period of time of strong expansion. It grew from its roots as a one-man shop in Billund, Denmark, to an world-wide doll manufacturer that made toys and fashion accessories for children numerous.

But with elevating competition from other toy producers, LEGO management struggled to keep up. These people were forced to raise the amount of toys and games they produced, but revenue slowed and profitability began to decline.

That they had to compete with other companies that produced identical toys at a lower cost. They were as well faced with increasing demands out of larger merchants that necessary more range and more quickly shipments.

It absolutely was a time of growing with regard to toys that educated, as well as entertained, youngsters. Educators started off using LEGOs in classes for a number of reasons.

In 80, the SEGLAR Group proven a unique department to expand their educational opportunities. The new Office of Education, later renamed PROFANO Dacta, was created to research and develop products that could be applied to the classroom to enhance learning and creativity.