I read this the other day on the Free Library concerning Empire of Carolina, the parent/ successor of Tarheel Toys [who released Project SWORD in North America]. The article, from June 2000, describes how Empire have sold their Tarboro site, which I assume to be the old Tarheel Toys premises cited on each of their Project SWORD boxes as shown below.
"Empire of Carolina, Inc. (Amex: EMP) announced today that it completed the sale of its 1.2 million square foot manufacturing facility in Tarboro, North Carolina to General Foam Inc. The net proceeds of the sale have been used to reduce the Company's bank debt. As part of the agreement, General Foam has agreed to lease the Company 100,000 square feet of warehouse space for 1 year with a two-year option.
Mr. Timothy Moran, Chairman and CEO, commented that "the sale of the Tarboro facility is the final phase in which the Company has eliminated all domestic manufacturing and will position the Company to focus on its strengths in the distribution and marketing of consumer products." Moran further stated, "The Company is committed to its cost-cutting efforts, and to reduce the company bank debt so that the Company can return to profitability."
Empire also announced that General Foam has agreed to manufacture on an OEM basis, the Company's domestic-produced ride-on toy product line including the classic Big Wheel(R), a three-wheeled, pedal-driven ride-on toy vehicle.
Empire of Carolina, Inc. designs, develops, manufactures and markets a broad range of consumer products including children's toys, golf footwear and accessories, sports boards and accessories, and seasonal outdoor sports activity products. The Company's line of toys include the classic Big Wheel(R) ride-on toys, Grand Champions(R) collectible horses, and Buddy L(R) cars and trucks. Its consumer sports line includes Wilson(R) golf shoes and accessories and MONGOOSE(R) sports boards and accessories."
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