History
The Tippmann family, headed by Dennis Tippmann Senior, originally manufactured collectible, half-scale replica machine guns. However, a change in gun laws led to entry into the paintball market in 1986; forming the Tippmann Pneumatics Incorporated company. The company attempted to make high-performance, durable and affordable products - with the company claiming to have built the first semi-automatic and full-automatic paintball markers in the world.
In June 2004, Tippmann announced that the company had completed a financial recapitalization with private equity and venture capital firm Summit Partners. Howard Kosick joined Tippmann as its president and CEO, with both Dennis Tippman Senior and Dennis Tippmann Junior remaining on the company’s Board of directors as consultants; the latter continuing with the management team in product development. Shortly afterward in 2005, the company announced a record year for increased sales of paint marker units.
The company has been credited with the development of several technologies, including the introduction of C3 with PEP Technology propane markers in 2005, and improved Anti-Chop technology in 2006 to combat paintball breakages inside the marker.
Read more about this topic: Tippmann
Famous quotes containing the word history:
“False history gets made all day, any day,
the truth of the new is never on the news
False history gets written every day
...
the lesbian archaeologist watches herself
sifting her own life out from the shards she’s piecing,
asking the clay all questions but her own.”
—Adrienne Rich (b. 1929)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“English history is all about men liking their fathers, and American history is all about men hating their fathers and trying to burn down everything they ever did.”
—Malcolm Bradbury (b. 1932)