Economy Cover Corporation was organized in Chicago to manufacture garment covers used to protect merchandise in the stores.Historical Event Calvin Coolidge is President of the U.S; Scopes Monkey Trial takes Place, Chrysler Corporation is founded.
1940
Company moves to metropolitan New York.Historical Event Germany invades France, McDonalds opens first store in Pasadena CA.
1948
Arthur Zelniker, 31 years old and a WWII veteran along with partner, Phil Wennett purchase the company for $60,000 using monies loaned by Arthur's father-in-law, H.D. Rosenberg. Sales reach $164,000 after the first year under new management.Historical Event Truman signs Marshall plan offering aid to war torn Europe, first computer program written, frisbee is invented.
1955
Economy Cover Corporation diversifies its product lines and begins manufacturing unbreakable display forms to retail chains. They develop a new marketing channel and start selling to store display distributors.Historical Event Rosa Parks refuses to sit in the back of the bus, Brooklyn Dodgers beat the NY Yankees in the World Series. Vietnam war begins.
1956
Economy Cover Corporation joins NADI (National Association of Display Industries).Historical Event Elvis Presley is the number one rated musician, cost of first class stamp is $0.03, General Motors is the largest company in the U.S.
1961
Phil Wennett passes away and Arthur Zelniker purchases remaining stock. Historical Event Berlin wall is built, President Kennedy pledges to put a man on the moon by the end of the decade. West Side Story wins best picture.
1962
Brother-in-law Julian Rosenberg purchases 50% of the company from Arthur after selling his stake in a New York wholesale liquor distributorship.Historical Event Cuban Missile Crisis, Marilyn Monroe dies of a drug overdose, Johnny Carson hosts The Tonight Show.
1970
Economy Cover Corporation expands product lines into zippered garment covers partnering with well-known national brands of menswear. Covers for bridal gowns are soon added to their catalogs.Historical Event Vietnam War ends and President Nixon resigns in 1974.
1973
Arthur’s son, Mark Zelniker, joins the Economy Cover Company.Historical Event Arab-Israeli War, Arab Oil Embargo against U.S.
1977
Company moves from Jamaica, New York to Hicksville, Long Island in the suburbs and expands from 12,000 square feet to 50,000 square feet of space.Historical Event Star Wars opens in theatres, Steve Jobs and Steve Wozniak co-found Apple.
1978
Production of steel products moved to South Korea. Historical Event In 1978, U.S. Senate proceedings were broadcast on radio for the first time, the Women's Army Corps (WAC) was abolished and women were integrated into the regular Army, homebrewing of beer became legal in the U.S.
1983
Julian's son, Barry Rosenberg joins the company and manages five new satellite warehouses in Los Angeles, Dallas, Chicago, Miami & San Juan.Historical Event NY Islanders win (4) straight Stanley
Cups – (1980-83), the internet is invented.
1984
Economy Cover Corporation becomes Econoco Corporation.Historical Event American presidential election held on November 6, 1984, in which Republican Ronald Reagan was elected to a second term, defeating Democrat Walter Mondale, a former U.S. vice president.
1987
A new partnership is created between Econoco Corporation and Goldsmith Mannequins of Long Island City, NY. Recognizing the markets need for affordable fiberglass mannequins, Econoco uses its extensive sourcing ability in Asia to manufacture mannequins Designed by Mark Goldsmith. Historical Event Black Monday on Wall Street 10/19/87
1990
Another building is added, bringing total space in Hicksville to 250,000 square feet. Historical Event Walmart becomes U.S.’s largest retailer.
1992
Development of the Duron Bullnose Shelves begins. The company would go on to sell 20 million shelves over the course of the next 15 years. Historical Event Bill Clinton elected president.
1994
Partner Julian Rosenberg unexpectedly passes and Barry becomes a partner.Historical Event NY Rangers win first Stanley Cup since 1940.
1995
Econoco moves its primary metal factory to mainland China from South Korea.Historical Event Russian cosmonaut, Valeri Polyakov sets the record for the longest amount of time a person has been in space; completing 366 days.
1998
Arthur Zelniker passes away at age 78 and son Mark becomes Barry’s partner. Historical Event President Clinton becomes embroiled in the Lewinsky scandal.
2001
Econoco buys out Mark Goldsmith’s interest in Mondo Mannequins.Historical Event World Trade Center attacked.
2002
Company moves its warehousing and distribution functions to Hazleton, PA. Historical Event KMART files for bankruptcy.
2003
Econoco creates a new division called the Insite Advantage and secures an order to supply 4,000 fiberglass kiosks to 4,000 branches of Wachovia Bank.Historical Event Michael Phelps begins his journey to become the most decorated athlete in Olympic history.
2012
Econoco secures its largest order in history from JC Penny. The company supplied wood tables and shelves for its Arizona Jeans displays in 1,100 stores. Historical Event Curiosity, the Mars Science Laboratory mission's rover, successfully lands on Mars.
2015
In June, Mark's son Jordan, joins the company to become the 3rd generation to do so.
Mondo Mannequins completes three multi-million dollar mannequin rollout programs to west coast clients Eddie Bauer, R.E.I. and Fred Meyer.Historical Event September 9 – Queen Elizabeth II, having been on the throne for 63 years, 217 days, became the longest-reigning British monarch in history and the longest-serving head of state of any nation in modern history.
2018
Mark Zelniker retires and Jordan becomes partner. Historical Event Boston Red Sox win 4th world series in the 21st century.
2019
Econoco management implements Entrepreneurial Operating System (EOS) led by Visionary Barry Rosenberg and Integrator (and CFO) Marsha Hennig, and a newly appointed leadership team. Company is transformed where new goals, increased communication, as well as accountability of its management and staff allow for significant growth. Historical Event President Trump implements 25% tariffs for imported product from China.
2020
With the legalization of cannabis among a growing number of states, Econoco responds by creating a new brand DisplayDispensary.com designed to supply fixtures and displays to the cannabis retailers and brands across the U.S. and Canada. Sales reach $1 million in year (2). Historical Event Covid-19 virus first appears in the U.S.
2021
Global Supply Chain issues have significant effect on consumers. Inflation ensues. Ocean freight costs soar eight-fold over previous year. Econoco, with its adoption of Entrepreneurial Operating System (EOS) over the prior two years has its best year in almost a decade. Historical Event Biden and Harris Inaugurated.
2022
U.S. Retailing rebounds with sales up 17% in Q4.Historical Event Apple is first company in history valued at $1 Trillion.
