Jacuzzi
 | |
| Private | |
| Industry | Plumbing manufacturing |
| Founded | 1915 |
| Founder | Francesco, Rachele, Valeriano, Gelindo, Candido, Giocondo and Giuseppe Jacuzzi |
| Headquarters | Chino Hills, CA, USA |
Area served | Worldwide |
| Products | mattresses, hot tubs, bath tubs, showers, toilets, sinks and accessories |
| Revenue | $2,0000M (2006)[1] |
| $400.4M (2006)[1] | |
| Owner | Apollo Management |
Number of employees | 4,907 |
| Subsidiaries | Sundance Spas, ThermoSpas |
| Website | Jacuzzi.com |
Jacuzzi (Italian pronunciation: [jaˈkuttsi]) is an Italian multinational corporation that produces whirlpool bathtubs and hot tub spas. Its first product was a bath with massaging jets.
It has also become a generic trademark for many, as a term for hot tubs in general [2]
History
Founded in 1915 by seven brothers, led by Giocondo Jacuzzi, Jacuzzi and Brothers made wooden propellers under military contracts, based at 2043 San Pablo Ave, Berkeley, California. In 1920 the brothers also dabbled briefly with aircraft design and manufacture, with a single-seat monoplane and a seven-seat cabin monoplane.[3] Both aircraft were noted for their use of laminated wood products for fuselage manufacture, but were essentially unsuccessful, with only one of each type being built. By 1923 the company was styled as Jacuzzi Bros Propellers, with headquarters at 1450 San Pablo Ave.[4]
The company survived to become famous as the whirlpool and bubble bath manufacturer of today, with the name Jacuzzi becoming synonymous with the bath products regardless of manufacturer.
Current activities
In October 2006, Apollo Management, a large private equity firm, announced a $990 million leveraged buyout of Jacuzzi Brands.[5]
In 2008 Jacuzzi moved its world headquarters to The Shoppes at Chino Hills, California.
In May 2012, Jacuzzi Group Worldwide acquired the assets of ThermoSpas, a Wallingford, Connecticut-based manufacturer of spas and hot tubs.[6]
Jacuzzi aircraft
- Jacuzzi 1920 Single Seater Monoplane 1
- Powered by a converted Ford Model T engine.[7][8]
- Jacuzzi 1920 Single Seater Monoplane 2
- modified aircraft with re-designed tail unit and powered by a Roberts 4-X engine
- Jacuzzi J-7 Reo[9][7][10]
References
- 1 2 Jacuzzi Brands Corporation: Information and Much More from Answers.com
- ↑ "Trademarked Brands That Everyone Uses As Generic Names". Business Insider.
- ↑ "THE JACUZZI SEVEN-SEATER MONOPLANE". Flight: 147. 3 March 1921.
- ↑ Eckland, K.O. "Aircraft of North America 1903-2003". Aerofiles.com. USA. Retrieved 22 September 2011.
- ↑ Jacuzzi Brands Is Going Private. The New York Times (Reuters), October 12, 2006.
- ↑ "Jacuzzi Group Worldwide Acquires Assets of ThermoSpas®". finance.yahoo.com. Yahoo!. May 31, 2012. Retrieved January 29, 2015.
- 1 2 "American airplanes: Ja - Ju". Aerofiles.com. 2008-08-15. Retrieved 2011-02-12.
- ↑ "No. 9530. Jacuzzi Monoplane". Shumaker Collection. Retrieved 8 May 2013.
- ↑ "Jacuzzi Seven Passenger Monoplane". Aviation and Aircraft Journal. 10. 1921. Retrieved 8 May 2013.
- ↑ "No. 6628. Jacuzzi J-7 Reo". Shumaker Collection. Retrieved 8 May 2013.