Trudy Corp.

• Public
• US

Dow Jones Description

Trudy Corporation and its subsidiary, Studio Mouse, LLC (the "Subsidiary") (Trudy Corporation and the Subsidiary referred to collectively as the `Company'), publish children's books and audiobooks and design, manufacture and market plush stuffed animals for sale to both retail and wholesale customers, both domestically and internationally. The Company's product is sold under the trade names of both Soundprints and Studio Mouse. Trudy Corporation was organized as a Connecticut corporation under the name Norwest Manufacturing Corporation on September 14, 1979, changed its name to Trudy Toys Company, Inc. on December 5, 1979, changed its name to Trudy Corporation on March 27, 1984 and was re-incorporated as a Delaware corporation on February 25, 1987. In fiscal year 2001 the Company entered into an agreement with The Chart Studio (Pty.) Ltd (hereinafter referred to as "Chart Studio") to form a joint venture called Studio Mouse, LLC. As a result of Chart Studio's inability to gain the necessary approvals to proceed with the joint venture in fiscal year 2002, the Company purchased Chart Studio's 50% equity ownership. Chart Studio retained the option to reacquire their 50% equity in Studio Mouse through August 20, 2004. Studio Mouse was 95% owned by Trudy Corporation, and, as such, was reported as a consolidated subsidiary.

Contact Information

Peer Companies

• Schnitzer Steel Industries Inc.
• Metal Management Inc.
• Pool Corp.
• Handleman Co.
• RC2 Corp.
• All Companies