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Center for Universal Design - Essay Example

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The essay "Center for Universal Design" states that the company was formed in 1989. The company was formed by Sam Farber, a businessman that focused on household goods. The company was formed as a result of Farber’s discovery that his wife found it difficult to grip ordinary knives…
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Center for Universal Design
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Extract of sample "Center for Universal Design"

The products attracted so many people at a show held in San Francisco has hit the US market massively in 1990. The secret for the success of OXO kitchenware products was their low prices and a wide variety. Ferber sold his company to General Housewares Corporation in 1992 later retiring from the company’s management in 1995. The company has grown to a point of making more than 850 products for different parts of the home. Some of the products that the company currently makes include cooking tools, barware, garden tools, trash cans, household cleaning tools, lighting, office products, storage and organization products, bath cleaning tools and accessories.

In terms of economic growth, the company achieved a yearly growth rate in sales of close to 27 percent from 1991 to 2009.

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