The LEGO Business History

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The LEGO Company is famous for its many innovations and creation features. Initially, the stone was used like a touchstone, yet eventually the company branched away into video games and robots. It has allowed the corporation to produce an impressive range of products for children of all ages. Actually the company has become known as the “World’s Number One Toy” and is the many successful toy brand globally.

The development of your LEGO business can be tracked back to the 1960s given it separated their operations in to different categories to deal with technological development, product development, and product sales. In the mid-1970s, the company increased its outcome, and that split into five sister companies. The company’s production features and technology capabilities grew rapidly, and it experienced increasing competition from equivalent companies including Hasbro and Mattel, along with fresh electronic items.

The Profano family used a plastic-injection moulding machine. In 1958, they quoted the designs of a Croydon inventor and began to produce the 1st self-locking stones. These stones feature two lines of four studs. This system allowed backwards compatibility, plus the Legos started to be one of the most popular toys on the globe. By 61, the Lego company was selling more than 900 , 000, 000 pieces and counting.

This company expanded past its structure toy division in the late nineties, and now markets a variety of different toys also to their vintage toys. This company began producing non-traditional products around the construction-toy theme, including robotics, media, educational goods for kindergartens, and standard of living items for adults. Moreover to classic brick toys, the corporation also works two look parks, an individual outside London, uk and one other in Washington dc.

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