About HomzHome Products International, Inc., through its Homz™ brand, offers simple, smartly designed home organizational solutions that make life a little easier and a lot nicer.
America is in the midst of a storage crisis. Consumers, overwhelmed with all of their possessions, are battling for control of their home environment. Homz products provide practical solutions that help consumers retake control of their lives, room by room. Homz offers not just storage, but access, order and, most importantly, peace of mind.
HPI product lines developed, manufactured and marketed under both the Homz brand name and private label include storage containers, laundry management products, bath and shower organizers, hooks, hangers, and home and closet organizers.
HPI is the only diversified storage and organization company that provides a full line of products with both North and South American distribution in all of its product categories. Homz products are sold through most of the leading national retailers and warehouse stores in the U.S., Canada, Mexico and South America.
|
Corporate History | |
1952 |
Selfix, Inc. founded in Chicago, Illinois |
1988 |
Chicago-based Selfix, Inc. acquires Shutters, Inc., operating in Hebron, Illinois. |
1988 |
Selfix, Inc. initiates an IPO; company is listed on NASDAQ exchange. |
1994 |
James Tennant becomes chairman and CEO. New management team installed. |
1997 |
Chicago-based holding company Home Products International, Inc. (HPI) replaces Selfix on the NASDAQ; Selfix remains an operating company of Home Products International. |
1997 |
HPI acquires Tamor Corporation, leading supplier of closet organizers and storage containers in Leominster, Mass. |
1998 |
HPI acquires Seymour Housewares, leading supplier of laundry management products in the U.S. |
1998 |
HPI acquires Tenex Corporations consumer storage business; product line consists of plastic storage bins and rolling carts. |
1998 |
HPI acquires Newell Plastics (Plastics, Inc), leading supplier of food storage containers. |
1999 |
HPI divests Shutters, Inc., its home improvements products division, to investor group led by Shutters, Inc. management team. |
2001 |
HPI divests Plastics, Inc., its serving-ware product line, to Tyco International affiliate A & E Products Group LP, |
2004 |
Home Products International, Inc. Purchased by Private Equity Groups led by Equity Group International, Inc., Walnut Group and Triyar Capital. Company delisted from NASDAQ exchange. New management team installed. |
January 2006 |
Company receives consent from Note Holders to eliminate requirement to file public reports with SEC. |
December 20, 2006 |
HPI files Chapter 11 Reorganization Plan with State of Delaware. Company receives approval to continue to pay vendors in ordinary course of business. |
March 20, 2007 |
HPI exits Chapter 11 Reorganization converting Note Holders to Equity Holders of the Company. |
March 2007 |
Third Avenue Management becomes majority shareholder of the Company |
April 2007 |
George Hamilton named new CEO |