EJR Manufacturing

From Wikislippy

Revision as of 07:43, 28 March 2009

EJR Manufacturing is an American manufacturing company founded in 1938 by Edwin J. Richards.

In 1935, Edwin Richards purchased a manufacturing plant that went bankrupt and closed.

In 1938, Edwin Richards launched EJR Manufacturing.

In 1942, EJR Manufacturing began making supplies and equipment for World War II under ER War Supplies.

In 1946, ER War Supplies closes.

In 1955, EJR Manufacturing founded Richards Motor Company. Their first car, the RMC Mark 1, was ready for production by 1960 but RMC Motors decided to delay production due to market changes.

In 1966, EJR purchased a box manufacturing plant. In 1968, it is renamed to EJR Box Company.

in 1972, the RMC Hurricane was unveiled. The reception was mostly positive, however, RMC was losing money fast and could not even afford to produce the Hurricane. By 1973, the Hurricane was canceled and RMC officially closed in 1975.

In 1974, Edwin J. Richards decided to pass on his company to his son. Kevin Richards becomes President of EJR Manufacturing. Edwin steps down to vice president.

In 1976, EJR Manufacturing purchased Cool Breeze Beverages, a small juice manufacturer.

In 1979, EJR Box Company expands.

In 1985, EJR Manufacturing purchased a controlling interest in AIM Brewing Company, a small alcohol beverage manufacturer.

In 1986, Edwin Richards met C. Yoon and Richards becomes interested in investing in Yoon's Jayatsu Manufacturing. Edwin pressured EJR Manufacturing into investing into Jayatsu America but Kevin Richards kept on refusing. So by the end of the year, Edwin Richards founded a new company, EJR2, to invest into Jayatsu America. By mid 1987, EJR2 had a 49% share in Jayatsu America. However, Edwin Richards passed away a few months later and EJR2 was passed on to Kevin Richards.

In 1988, Cool Breeze Beverages introduced Edwin Beverages and begins selling them by the end of the year. AIM Brewing Company is now manufactured under Cool Breeze Beverages. EJR2 is now run under EJR Manufacturing.

In 1989, Kevin Richards' son, Alex Richards, became vice-president of EJR Manufacturing. A new partnership is formed between Jayatsu Industrial and EJR2.

In 1991, EJR Box Company was renamed The Richards Box Company.

In 1992, EJR2 was merged with EJR Manufacturing.

In 1993 a partnership was formed between EJR Manufacturing and Jayatsu Industrial. A new company was created to represent both companies called Am-Kor Limited.

In 1996, Alex Richards became head of EJR Manufacturing after Kevin Richards retired in 1995.

In 1997, EJR Manufacturing sold a minority share of Cool Breeze Beverages.

In 1998, Alex Richards became the CEO of Am-Kor Limited. Alex's brother, Adam Richards became President of EJR Manufacturing. Cool Breeze Beverages stops selling Edwin Beverages.

In 2002, RMC was relaunched.

In 2006, EJR Manufacturing sold their remaining share of Cool Breeze Beverages.

In late 2007 AdCon Industries bought a minority share in EJR Manufacturing. Rumors began that EJR Manufacturing was being sold to AdCon Industries.

In mid 2008, Adam Richards decided to resign as President of EJR Manufacturing by the end of the year.

In 2009, Alex Richards steps down as CEO of Am-Kor and is replaced with Ralph James. Alex moves back to President of EJR Manufacturing replacing Adam Richards. It was announced that EJR Manufacturing has been in financial trouble since 2005.

See Also

• Am-Kor Limited
• Richards Motor Company