Ingvar Kamprad bulk very cheaply from Stockholm, sell them individually at a low price, and still make a good profit. From matches, he expanded to selling fish, Christmas tree decorations, seeds, and later ballpoint pens and pencils. When Kamprad was 17, his father gave him a cash reward for succeeding in his studies. Ingvar attended Göteborgs handelsinstitut, now part of Hvitfeldtska Gymnasiet, from 1943 to 1945. In 1943, when he was 17, Kamprad founded IKEA, selling replicas of his uncle Ernst's kitchen table. In 1948, Kamprad diversified his portfolio, adding furniture. His business was mostly mail order. The acronym IKEA is made
Bacterol Products Company On February 7, 1930 the Bacterol Products Company announced a capital increase, from the initial 12,000 shares of no par stock, to 41,000. At the end of February 1930, the corporation leased property at 11 East 44th Street. This location was their corporate headquarters. Bacterol Products Company Bacterol Products Company was a Manhattan business which was incorporated during the Great Depression, in February 1930. The firm was located at 25 Broadway. Its incorporation was made with 12,000 shares of common stock. The organization was headed by Dr. Kurt Erich Schlossingk (1888 "-" March 13, 1930), a German born physician and