History
Estes Industries was founded by Vernon Estes in 1958, after he created "Mabel". "Mabel" was a machine designed to inexpensively manufacture model rocket engines for Model Missiles Incorporated. At some point, Vernon Estes sold Estes Industries. Then, on August 30, 2002, Barry Tunick, who had been the Chief Executive Officer since 1991, acquired Estes-Cox Corporation from the private equity fund, TCW Capital, for the sum of $15 million. On January 15, 2010, Estes-Cox was acquired by Hobbico, Inc.
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“It’s not the sentiments of men which make history but their actions.”
—Norman Mailer (b. 1923)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
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