History
The division was spun off from Corning in 1998 and purchased by Borden. It acquired General Housewares and Ekco in 1999.
As part of the sale to Borden, the company was required to shed the Corning name within three years. The World Kitchen name was adopted in 2000. In 2002 the company filed for bankruptcy under Chapter 11 and underwent financial reorganization.
As of 2004, it has been privately held. Since 2006, Joseph T. Mallof is President and CEO. The company's website states it employs approximately 2,800 people, and has major manufacturing and distribution operations in the United States, Canada, and Asia-Pacific regions.
Read more about this topic: World Kitchen
Famous quotes containing the word history:
“What you don’t understand is that it is possible to be an atheist, it is possible not to know if God exists or why He should, and yet to believe that man does not live in a state of nature but in history, and that history as we know it now began with Christ, it was founded by Him on the Gospels.”
—Boris Pasternak (1890–1960)
“The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand.”
—Ralph Waldo Emerson (1803–1882)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)