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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“The best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.”
—Walter Bagehot (18261877)
“At present cats have more purchasing power and influence than the poor of this planet. Accidents of geography and colonial history should no longer determine who gets the fish.”
—Derek Wall (b. 1965)
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But am forced to fret over insufficient details related to large
Unfinished concepts that can never bring themselves to the point
Of being, with or without my help, if any were forthcoming.”
—John Ashbery (b. 1927)