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Oriental Trading Company is a direct merchant of value-priced party supplies, arts and crafts, toys, novelties, and school supplies. [5] It was founded in 1932 as a wholesaling company. It is based in Omaha, Nebraska, and is owned by Berkshire Hathaway. [6][7] Alternative known names for Oriental Trading Company include "Oriental Trading" & "OTC".
In 1947, annual sales reached $1 million. Three years later, Joe's grandson, John Justin Jr., bought out the company's stock and gained control of the company. On Nov. 3, 1950, John Jr. became vice president and general manager of H.J. Justin & Sons, Inc. The company merged with Acme Brick Company in 1968 to become First Worth Corporation. In ...
Oriental Trading Company (1977–2000) Known for. Being a high roller in Las Vegas. Terrance Watanabe (born 1957) is an American businessman and high roller who inherited Oriental Trading Company, a direct merchant of value-priced party supplies, arts and crafts, toys and novelties and school supplies founded by his father Harry Watanabe.
Oriental Trading Company is the nation's largest direct retailer of value-priced party supplies, arts and crafts, toys and novelties, and a leading provider of school supplies and affordable home ...
Berkshire Hathaway Inc. (/ ˈbɜːrkʃər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Founded in 1839 as a textile manufacturer, it transitioned into a major conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger.
Nov 2 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRK-A, BRK-B) is to buy direct marketing toy and party supplies merchant Oriental Trading Co for $500 million, the Wall Street Journal ...
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