Tacony Corporation

Tacony Corporation
Company typePrivate
Founded1946
FounderNick Tacony
Headquarters1760 Gilsinn Ln., Fenton, Missouri,
USA
ProductsHome appliances and commercial floor care
Revenue$200m (2007)
Number of employees
650 (2007)
Websitetacony.com

Tacony Corporation is a family-owned and operated manufacturer and wholesale distributor of vacuum cleaners, sewing machines, ceiling fans, and commercial floor care equipment based in the St. Louis suburb of Fenton, Missouri.[1]

History

In 1946, mechanic Nick Tacony began selling and servicing sewing machines from the basement of his home. In the 1950s, he expanded his business by wholesaling sewing parts, accessories and other merchandise to retailers in the Midwest.[1]

After completing his college degree in business administration and four years in the United States Air Force, Ken Tacony joined his father's business in 1970. He became CEO in 1984 and expanded the business beyond sewing machines to also include ceiling fans, vacuum cleaners, and commercial floor care products.[1]

In 1997, Tacony Corporation transferred vacuum cleaner production from Taiwan to St. James, Missouri. Over one million upright vacuums for home and commercial use have been produced at the Tacony Manufacturing factory in St. James.[2]

In 2008, Tacony Corporation acquired Mac Molding Co. to streamline production and reduce reliance on outsourced plastic components for their products.[3]

Acquisitions

In 1996, the company acquired Fort Worth-based Powr-Flite.[4]

In 2003, Tacony Corporation acquired Nancy's Notions, a sewing accessories company founded by TV Host Nancy Zieman.[5] In May 2020 the company sold Nancy’s Notions to the Missouri Star Quilting Company.[6]

In 2007, Tacony Corporation acquired Chicago-based Tornado Industries, commercial and industrial cleaning equipment company[7]

In 2008, Tacony Corporation acquired Mac Molding Co., a plastic injection company.

See also

References

  1. ^ a b c Vishwanat, Dilip (19 November 2021). "Family Business Profile: After 75 years, 3rd-generation Tacony Corp. continues to sew together growth". www.bizjournals.com. Retrieved 2023-09-24.
  2. ^ "Tacony Corporation. Tradition - Trust - Teamwork". www.tacony.com. Retrieved 2023-09-24.
  3. ^ Lauzon, Michael (8 September 2008). "Appliance maker acquires Mac Molding". Plastics News. Retrieved 9 November 2023.
  4. ^ Staff, FWBP (2021-02-01). "Tacony Corporation names senior vice president of sales and marketing". Fort Worth Business Press. Retrieved 2023-10-30.
  5. ^ Staff (22 August 2002). "Tacony Corp. to Acquire Nancy's Notions". Chief Marketer. Retrieved 2023-10-30.
  6. ^ Dodge, Daily (2020-05-28). "Tacony Corporation Sells Nancy's Notions Online Retail Business". Daily Dodge. Retrieved 2023-10-30.
  7. ^ "Tacony adds Tornado to commercial floor division". St. Louis Business Journal. 7 February 2007. Retrieved 2023-11-09.