Industry | Amusement Rides |
---|---|
Founded | 1945 |
Founders | Karl Bacon Ed Morgan Bill Hardiman Angus Anderson |
Defunct | 1981 |
Fate | Sold to Huss Maschinenfabrik (1981) |
Successors | Arrow-Huss Arrow Dynamics S&S Power |
Headquarters | Mountain View, California, US |
Key people | Angus Anderson Karl Bacon Bill Hardiman Ed Morgan Walter Schulze Ron Toomer |
Products | Roller Coasters, Log Flumes, Auto Rides |
Number of employees | 270 |
Arrow Development was an amusement park ride and roller coaster design and manufacturing company, incorporated in California on November 16, 1945,[1] and based in Mountain View. It was founded by Angus "Andy" Anderson, Karl Bacon, William Hardiman and Edgar Morgan.[2]: 158 [3] Originally located at 243 Moffett Boulevard,[4] it moved to a larger facility at 1555 Plymouth Street[4] after Walt Disney Productions purchased one third of the business in 1960.[2]: 775 [5] Arrow also had offices at 820 Huff Avenue.
By 1956, then secretary Bill Hardiman[6] and Angus Anderson, then vice president,[7] had sold their interests in Arrow to Wharton graduate Walter Schulze, who then became Arrow's secretary-treasurer and vice president. Schulze and his wife had provided accounting services for several small companies in the Bay Area, including Duro-Bond Bearing, which is where he likely heard of Arrow. Schulze left Arrow after its sale to Rio Grande Industries.[8] In 1979, Arrow listed over a dozen types of rides in their catalog, including 15 corkscrews, five looping coasters, 12 runaway mine trains, 43 flume rides, and 77 automotive rides, for a total of more than 200 rides installed at nearly 100 locations around the world.
Huss Trading Corporation purchased Arrow Development in 1981, but the combined Arrow-Huss went bankrupt in 1984. The similarly named Arrow Dynamics, eventual successor to Arrow Development, was incorporated in Delaware on January 10, 1986 by Ron Toomer, Otis Hughes, David Klomp, Ray Crandall and Brent Meikle.[9]