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^ "Toy Industry Hall of Fame - Inductees"."Little Tikes founder gets hall of fame nod". ^ "Toymakers wonder how much tech is too much"."Very Big Seller in a Very Small Market". ^ Leimbach, Dulcie (October 21, 1998).^ a b c "Little Tikes' Cozy Coupe gets electric car makeover".^ Stroope, Leslie (September 11, 2006).The Daily Reporter (Milwaukee, Wisconsin). ^ "Newell Rubbermaid to sell Little Tikes toys unit"."Newell's Acquisition of Rubbermaid To Create a Household-Goods Giant". Archived from the original on 15 July 2012. ^ "TOY FIRM FOUNDER TRIES AGAIN CAN NEW VENTURE BEAT LITTLE TIKES AT ITS OWN GAME?".Archived from the original on 22 July 2012. ^ "LITTLE TIKES FOUNDER TO STEP DOWN"."Ohio toy company - the largest in the U.S. Murdough was nominated for the Toy Industry Hall of Fame in 2019 and inducted in 2020. While the company had traditionally focused on durable plastic toys that allow children to use their imagination while at play, by 2004 it had introduced its Magicook Kitchen, which uses radio frequency devices to allow components to communicate with each other, such as having the stove respond when it recognizes that a piece of food is placed on it. In 2022, the Cozy Coupe was transformed into an electric car with the gas cap replaced by an electric socket and charger. In 2009, cartoon eyes and a smile were added to the car. The firm's red and yellow Cozy Coupe toy car, released in 1979, reached 6 million units in sales by its 35th anniversary in 2004, and was called the "world's best-selling car for much of this decade" by The New York Times in 1998, outselling the Honda Accord and Ford Taurus.
The purchase was said to allow a better fit with MGA Entertainment, a manufacturer of children's toys and entertainment products founded in 1979 whose products included the Bratz line of fashion dolls. As of 2006, the 500 employees at Little Tikes were generating approximately $250 million in revenue of Rubbermaid's $6.3 billion in annual sales, and the acquisition was projected to add $15 to $25 million to MGA Entertainment's bottom line. The company was acquired by MGA Entertainment in September 2006 from Newell Rubbermaid for an undisclosed sum. In 1999, Rubbermaid merged with Newell to form Newell Rubbermaid. In 1991, Murdough established a new toy business called Step 2, now based in Streetsboro, Ohio, aimed at competing with and outselling Little Tikes. In May 1989, Murdough announced that he would be leaving Little Tikes at the end of that year to pursue other interests. Murdough signed an employment agreement with Rubbermaid under which he would stay with the new parent company for a five-year period as president and general manager through 1989. The company was acquired by Rubbermaid in 1984. Little Tikes' products are mostly low-tech molded plastic toys aimed primarily at infants and young children, for indoor and outdoor use, including its party kitchen and turtle sandbox. The company also has other manufacturing and distribution facilities in Asia and Europe. Little Tikes is an American manufacturer of children's toys, with headquarters and manufacturing located in Hudson, Ohio.
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