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MacGregor Golf

From Wikipedia, the free encyclopedia
Sport equipment manufacturer
MacGregor Golf
IndustrySports equipment
Founded1897; 128 years ago (1897) as "Crawford, McGregor & Canby Company"[1]
Headquarters
ProductsGolf clubs,bags, accessories
Websitewww.macgregorgolf.com

MacGregor Golf is asports equipment manufacturing company based inAlbany, Georgia, which specializes ingolf. MacGregor currently produces a wide range ofgolf clubs,bags, and accessories.[2]

The company roots can be traced to 1829, with the establishment of "Dayton Last Company", a maker of hand-carved woodenlasts for footwear. Adding partners in subsequent decades, current company was officially founded in 1897 as the "Crawford, McGregor & Canby Company", becoming one of the first American manufacturers ofgolf clubs[3]—items which also included heavy percentages of wooden components.[4]

History

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Origins

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A 1922 advertisement for MacGregor golf clubs, made by the Crawford, McGregor & Canby Co. of Dayton, Ohio

MacGregor Golf dates its corporate origins to 1829, when Archibald and Ziba Crawford arrived inDayton, Ohio, to begin the manufacture of hand-carved woodenfootwear lasts for the manufacture of shoes.[3] Their product was successful and they expanded the operation to include four or five hired workmen under the firm name Dayton Last Works,[3] with a concentration on shoe lasts, which firm continued for a number of decades.[5]

The firm was joined by John McGregor in 1874 and Edward Canby in 1886 so that by 1897 the company had taken the name "Crawford, McGregor & Canby", with its base of operations remaining in Dayton,[3] being officially constituted.[1]Golf shafts of the early 20th century being made of wood rather than the metal,fiberglass, and other materials of today, in 1897 the company made the transition from footwear lasts to clubmaking, becoming one of the first American manufacturers of golf clubs.[3][1]

During the 1930s Crawford, McGregor & Canby was acquired by the Goldsmith Company to form MacGregor-Goldsmith.[5] The new owners found the name "MacGregor" to be stronger than "Goldsmith" in the marketplace and subsequently changed the name of the firm to MacGregor.[5]

Ownership changes

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Having previously been owned by the Wickes Corporation, and before that theBrunswick Corporation,[6]Amer Sports acquired a majority 80% stake in MacGregor fromJack Nicklaus in the mid-1980s for a reported $8 million.[7] With MacGregor's fortunes deteriorating, in 1997 Amer sold the company to a British-ledconsortium.[8] The firm changed hands again the following August with its acquisition by equity investment company The Parkside Group.[9]

In 2003, MacGregor regained control of MacGregor Golf Japan fromSuntory,[10] and in 2006, along withGreg Norman co-acquired the Greg Norman Collection brand of sports apparel fromAdidas.[11] In May 2009, MacGregor was acquired byGolfsmith International and Norman stepped down as chairman.[12] Golfsmith owned the company until the retailer fell into bankruptcy in 2016.[13] Golfsmith's assets, including MacGregor Golf, were later acquired byDick's Sporting Goods.[14]

This article needs to beupdated. Please help update this article to reflect recent events or newly available information.(July 2022)

Sponsorship deals

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In addition to its long association withJack Nicklaus, MacGregor has had endorsement deals with many topprofessional golfers includingJosé María Olazábal andLee Janzen.

See also

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Footnotes

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  1. ^abcHistoryArchived 2020-08-06 at theWayback Machine on MacGregor website, 10 Aug 2020
  2. ^AccessoriesArchived 2020-08-06 at theWayback Machine on MacGregor website
  3. ^abcdeCarl V. Roberts,"This Centennial is Second Some Firms Have Seen,"Archived 2016-08-16 at theWayback Machine Dayton History Books Online, www.daytonhistorybooks.com/
  4. ^Jurick, Steve."The MacGregor Golf Co".miamivalleygolf.org. Retrieved15 March 2024.
  5. ^abc"MacGregor, Dayton, Ohio,"Archived 2016-04-26 at theWayback Machine Antique Golf Clubs of Scotland, www.antiquegolfscotland.com/
  6. ^"Wickes Sells Part Of Its Golf Unit".The New York Times.Associated Press. 6 April 1982.Archived from the original on 2023-07-19. Retrieved2008-09-17.
  7. ^"COMPANY NEWS; MacGregor Sale".The New York Times.Reuters. 3 December 1986.Archived from the original on 2023-07-19. Retrieved2008-09-17.
  8. ^"MacGregor Golf Company Sale Completed Today".PR Newswire. February 5, 1997.Archived from the original on 2011-06-08. Retrieved2008-09-24.
  9. ^"Parkside Group Acquires MacGregor Golf Company".Business Wire.AllBusiness.com. August 21, 1998. Retrieved2008-09-24.
  10. ^"Japanese Spirits Maker to Sell Golf-Equipment Subsidiary to MacGregor".Business Wire.AllBusiness.com. September 17, 2003. Retrieved2008-09-24.
  11. ^"Adidas selling Greg Norman Collection apparel business to MacGregor Golf".International Herald Tribune.Associated Press. October 24, 2006. Retrieved2008-09-24.
  12. ^"Golfsmith and MacGregor will focus on contemporary classic".Golf Digest. May 22, 2009. Archived fromthe original on June 26, 2009. Retrieved2010-01-09.
  13. ^Golfsmith's bankruptcy rumors were trueArchived 2021-01-26 at theWayback Machine on Fortune.com, September 2016
  14. ^Barba, John (26 July 2021)."History's Mysteries: The Demise of MacGregor Golf".MyGolfSpy.Archived from the original on 8 February 2023. Retrieved19 July 2022.

External links

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