The LEGO Business History

The PROFANO company begun in the 1950s, when ever its inventor patented the popular brick. The brick has got tubes inside that hold the pieces together, in fact it is one of the most recognizable toys. Subsequently, it has produced from a small carpenter’s workshop in Denmark into a multinational business. The business has earned a “Toy of the Century” title 2 times, and it is often recognized by the Reputation Institute as the most reputed company of 2020.

The name “Lego” derives coming from Danish ideas meaning “play” and “well. ” The business began by simply creating simple toys such as trucks and ducks on wheels. As revenue increased, Lego began to develop into additional countries and formed five sister companies. Its global reach led to the creation of the number of well known companies, which include Apple, Mattel, and Hasbro. Its products and name were a mirrored image of child imaginations all over the world. It was the first in line to market a toy fabricated from Lego stones, and this continues to do it today.

Mainly because sales grew, the Profano family committed to a plastic-injection molding machine. The Lego brick was first released in 1957. It features two lines of four studs, allowing for practically infinite combinations. Today, kids can build tall, large structures by simply stacking multiple bricks in any configuration. It is because the LEGO bricks happen to be backwards compatible and is combined with several sets. For instance , three eight-studded bricks may be joined in almost nine 1, 000 ways.

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