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In 1985, EJR Manufacturing purchased a controlling interest in AIM Brewing Company, a small alcohol beverage manufacturer. | 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 Yoon's [[Jayatsu Manufacturing|Jayatsu America]]. Edwin Richards | + | In 1986, Edwin Richards met C. Yoon and Richards becomes interested in investing in Yoon's [[Jayatsu Manufacturing|Jayatsu America]]. 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. However, Edwin only gave 25% of Jayatsu America instead of the full 49%. |
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 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. | ||
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In mid 2008, Adam Richards decided to resign as President of EJR Manufacturing by the end of the year. | 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. In May, EJR purchased the rights to produce and manufacture Edwin Beverages from Cool Breeze Beverages. | + | 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. In May, EJR purchased the rights to produce and manufacture Edwin Beverages from Cool Breeze Beverages. In August 2009, the ownership of EJR was given to the Am-Kor Group. |
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- | In August 2009, the ownership of EJR was given to the Am-Kor Group | + | |
==See Also== | ==See Also== | ||
* [[Am-Kor Limited]] | * [[Am-Kor Limited]] | ||
* [[Richards Motor Company]] | * [[Richards Motor Company]] | ||
[[Category: EJR Manufacturing]] | [[Category: EJR Manufacturing]] |