Ruth Handler of plastics, Lucite and Plexiglas. Ruth Handler suggested that he start doing this commercially and they began a furniture business. Ruth Handler worked as the sales force for the new business, landing contracts with Douglas Aircraft Company and others. Her husband Elliot Handler and his business partner Harold "Matt" Matson formed a small company to manufacture picture frames, calling it "Mattel" by combining part of their names ("Matt" and "Elliot"). Later, they began using scraps from the manufacturing process to make dollhouse furniture. The furniture was more profitable than the picture frames and it was decided to concentrate on toy
Tegu (toy company) March 2007. Will Haughey graduated from Indiana University’s Kelley School of Business in 2004 and began working at Goldman Sachs. After success in the investment banking field, he joined Tegu full time in May 2008. Tegu blocks are the first magnetic wooden blocks on the market and are manufactured using Huesito, Mahogany, Beech, and Primavera woods. The company name is derived from Honduras’ capital, Tegucigalpa. Tegu (toy company) Tegu is a toy company based in Honduras and the United States that sells magnetic wooden toy blocks. The company was founded in 2006 by Chris Haughey and Will Haughey. The company