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Endpoint: AMF



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Videos (6)
created on: 19/10/2023
by: bob (9744)
 
 

Brand properties

General info :
AMF was a brand name used by American Machine and Foundry (known after 1970 as AMF, Inc.) was one of the United States' largest recreational equipment companies, with diversified products as disparate as garden equipment, atomic reactors, and yachts.

The company was founded in 1900 by Rufus L. Patterson Jr., inventor of the first automated cigarette manufacturing machine. Originally incorporated in New Jersey but operating in Brooklyn, New York City, New York, the company began by manufacturing cigarette, baking, and stitching machines.

After World War II, AMF manufactured automated bowling equipment, and bowling centers became profitable business ventures. Bicycle production was added in 1950. The company was once a major manufacturer of products from tennis racquets to research reactors for the US "Atoms for Peace" program.

Until the mid-1980s, AMF's range of consumer goods included powered model airplanes, snow skis, lawn and garden equipment, Ben Hogan golf clubs, Voit inflatable balls, exercycles and exercise equipment, Hatteras Yachts, Alcort Sailboats, Nimble bicycles, motorized bicycles, mopeds, and scuba gear.
For a time, AMF owned Harley-Davidson motorcycles.

Aging production facilities and increasing quality control problems in some product lines caused sales declines in the late 1970s and early 1980s. The company's vast diversified output proved difficult to efficiently manage and, after suffering a series of losses, the company sold off its operations.

In 1985, AMF was acquired through hostile takeover by Minstar, Inc., a Minneapolis-based holding company controlled by investor Irwin L. Jacobs, and Jacobs began selling off its various divisions. Commonwealth Ventures, a group of private investors in Richmond, Virginia, paid $225 million to purchase AMF's bowling centers and bowling products divisions in 1985 to form AMF Bowling Companies, Inc. (later known as AMF Bowling Worldwide).
Relations :
Brand name used by [1970 - 1985] : AMF, Inc.
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Source :
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Item number : 59796

Submitted by : bob (9744)
on : 19/10/2023