Rhode Island – Hasbro, Inc

Hasbro, Inc. (/ˈhæzbroʊ/; a syllabic abbreviation of its original name, Hassenfeld Brothers) is an American multinational conglomerate with toy, board game, and media assets. Hasbro owns the trademarks and products of Kenner, Parker Brothers, and Milton Bradley, among others.

Among its products are Transformers, G.I. Joe, Power Rangers, Rom, Micronauts, M.A.S.K., Monopoly, Furby, Nerf, Twister, and My Little Pony. The Hasbro brand also spawned TV shows to promote its products, such as Family Game Night on the Discovery Family network, a joint venture with Discovery, Inc.. As of 2019, it is also the parent company of mass media and entertainment company Entertainment One. The corporate headquarters is located in Pawtucket, Rhode Island.

The History of Hasbro	“The Recruit” takes viewers behind the scenes to experience a day-in-the-life for Hasbro employees

History – Hassenfeld Brothers

Three Polish-Jewish brothers,  Herman, Hillel, and Henry Hassenfeld[6] founded Hassenfeld Brothers in Providence, Rhode Island, in 1923, a company selling textile remnants. Over the next two decades, the company expanded to produce pencil cases and school supplies. In 1926, Hassenfeld Brothers was incorporated; Hillel left for another textile business while Henry took charge of the corporation. They began making their own pencils when their pencil supplier began making pencil cases as well. Hassenfeld Brothers produced modeling clay and then doctor and nurse kits as their first toys, and they became primarily a toy company by 1942. Hillel died in 1943 and Henry Hassenfeld became CEO, while his son Merrill became president. The company entered the plastic fields during World War II to support its toy line. Hassenfeld Brothers’ first toy hit was Mr. Potato Head,[6] which the company purchased from George Lerner in 1952. In 1954, the company became a Disney major licensee. In 1960, Henry died and Merrill took over the parent company, and his older brother Harold ran the pencil-making business of Empire Pencil. Hassenfeld Brothers expanded to Canada with Hassenfeld Brothers (Canada) Ltd. in 1961. The company was approached in 1963 to license a toy based on The Lieutenant, which they turned down because they did not want to be tied to a possibly short-lived television series. Instead, Hassenfeld Brothers produced the G.I. Joe toy in 1964 which they termed an “action figure” in order to market it to boys who wouldn’t want to play with dolls. In 1964 and 1965, G.I. Joe accounted for two-thirds of Hassenfeld’s sales.

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