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Waterford Crystal
HISTORY OF WATERFORD CRYSTAL
Waterford Glass was started by two brothers, George and William Penrose, in 1783. It
was the most notable of all Irish crystal companies. In 1799, the Penrose brothers sold Waterford
Glass to the Gatchell family. The crystal industry was prosperous until 1825. Irish glass
manufacturers began to slowly close due to high export duties, the economic depression, and a
lack of capital. Waterford Glass was the last to close in 1851. It was reestablished nearly a
century later by Charles Bacik and Bernard Fitzpatrick. In 1947, they set up a factory in
Waterford, Ireland.
A turning point in the company's history came in 1950 when Joe McGrath made a sizable
investment in Waterford Glass. He invested the capital needed to convert the small crystal
manufacturing company into one with the potential to become a major player in the crystal
industry. This investment gave his family control for the next thirty-five......
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Title: Waterford Crystal A Case Analysis
Approximate Word Count: 3391
Approximate Pages: 14 (250 words per double-spaced page)
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Waterford Crystal A Case Analysis
Waterford Crystal A Case Analysis. Waterford Crystal HISTORY OF WATERFORD
CRYSTAL Waterford Glass was started by two brothers, George ... ... -
Marketing Communications
... SWOT Analysis After reading the case concerning Nicholas ... we have identified the
following in the SWOT analysis. ... example of this is Waterford Crystal who have ... ...
