Lloyd's Electronics

Apr 26, 2026 - 03:37
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Lloyd's Electronics

Foundation and success (1959–1973)

← Previous revision Revision as of 22:06, 25 April 2026
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===Foundation and success (1959–1973)===
===Foundation and success (1959–1973)===
[[File:Vintage Lloyd's Semi-Micro Transistor Radio, Model 6K87D, AM Band, 6 Transistors, Made In Japan, Circa 1966 (49439943488).jpg|thumb|Lloyd's Electronics Model 6K87D [[AM radio|AM]] [[transistor radio]], made in Japan {{circa}} 1966]]
[[File:Vintage Lloyd's Semi-Micro Transistor Radio, Model 6K87D, AM Band, 6 Transistors, Made In Japan, Circa 1966 (49439943488).jpg|thumb|Lloyd's Electronics Model 6K87D [[AM radio|AM]] [[transistor radio]], made in Japan {{circa}} 1966]]
Lloyd's Electronics was founded as the Lloyd Trade Company in [[Los Angeles]], California, on May 11, 1959, by Abraham Zagha and Alvin Tanenbaum.{{cite web | date=n.d. | url=https://opencorporates.com/companies/us_ca/0375014 | title=Lloyd's Electronics of California, Inc. | publisher=OpenCorporates | archive-url=https://web.archive.org/web/20260418042454/https://opencorporates.com/companies/us_ca/0375014 | archive-date=April 18, 2026}} Initially specializing in the import of then cutting-edge [[audio equipment]] such as [[transistor radio]]s, [[tape recorder]]s, and [[solid-state amplifier]]s from East Asia, the firm eventually expanded its product line to include more traditional commodity products such as [[phonograph]]s, [[Loudspeaker|speaker]]s, and [[headphone]]s.{{cite web | last=Staff writer | date=n.d. | url=https://americanhistory.si.edu/collections/object/nmah_1305748 | title=Lloyd's Accumatic 200 Handheld Electronic Calculator | publisher=National Museum of American History | agency=Smithsonian Institution | archiveurl=https://web.archive.org/web/20250420173947/https://americanhistory.si.edu/collections/object/nmah_1305748 | archivedate=April 20, 2025}} Early in its existence, the company largely imported from Japan and Taiwan. Within a few years of its foundation, Lloyd's became one of the largest importers of [[consumer electronics]] in the United States. By 1966, the company had relocated its corporate headquarters to [[New York City]] while owning warehouses in Los Angeles and [[Lodi, New Jersey]].{{cite news | last=Staff writer | date=August 30, 1966 | url=https://www.newspapers.com/article/the-morning-call-lloyds-triples-facilit/195781555/ | title=Lloyd's Triples Facilities | work=The Morning Call | location=Paterson, New Jersey | page=12 | via=Newspapers.com}}{{cite news | last=Staff writer | date=August 27, 1966 | url=https://www.newspapers.com/article/the-news-electronics-firm-opens-warehous/195781488/ | title=Electronics Firm Opens Warehouse in Saddle Brook | work=The News | location=Paterson, New Jersey | page=9 | via=Newspapers.com}} In the summer of 1966, Lloyd's raised another large warehouse in [[Saddle Brook, New Jersey]], in anticipation of heavy consumer demand for winter 1966. By the end of the decade, it raised yet another warehouse in nearby [[Teterboro, New Jersey|Teterboro]] as well as a satellite office in [[Elmwood Park, New Jersey|East Paterson]].
Lloyd's Electronics was founded as the Lloyd Trade Company in [[Los Angeles]], California, on May 11, 1959, by Abraham Zagha and Alvin Tanenbaum ({{circa}} 1928 – June 26, 1991).>{{cite news | last=Staff writer | date=June 26, 1991 | url=https://www.nytimes.com/1991/06/26/obituaries/alvin-tanenbaum-63-electronics-executive.html | title=Alvin Tanenbaum, 63, Electronics Executive | work=The New York Times | page=D23 | archiveurl=https://web.archive.org/web/20131203130619/https://www.nytimes.com/1991/06/26/obituaries/alvin-tanenbaum-63-electronics-executive.html | archivedate=December 3, 2013}}>{{cite web | date=n.d. | url=https://opencorporates.com/companies/us_ca/0375014 | title=Lloyd's Electronics of California, Inc. | publisher=OpenCorporates | archive-url=https://web.archive.org/web/20260418042454/https://opencorporates.com/companies/us_ca/0375014 | archive-date=April 18, 2026}} Initially specializing in the import of then cutting-edge [[audio equipment]] such as [[transistor radio]]s, [[tape recorder]]s, and [[solid-state amplifier]]s from East Asia, the firm eventually expanded its product line to include more traditional commodity products such as [[phonograph]]s, [[Loudspeaker|speaker]]s, and [[headphone]]s.{{cite web | last=Staff writer | date=n.d. | url=https://americanhistory.si.edu/collections/object/nmah_1305748 | title=Lloyd's Accumatic 200 Handheld Electronic Calculator | publisher=National Museum of American History | agency=Smithsonian Institution | archiveurl=https://web.archive.org/web/20250420173947/https://americanhistory.si.edu/collections/object/nmah_1305748 | archivedate=April 20, 2025}} Early in its existence, the company largely imported from Japan and Taiwan. Within a few years of its foundation, Lloyd's became one of the largest importers of [[consumer electronics]] in the United States. By 1966, the company had relocated its corporate headquarters to [[New York City]] while owning warehouses in Los Angeles and [[Lodi, New Jersey]].{{cite news | last=Staff writer | date=August 30, 1966 | url=https://www.newspapers.com/article/the-morning-call-lloyds-triples-facilit/195781555/ | title=Lloyd's Triples Facilities | work=The Morning Call | location=Paterson, New Jersey | page=12 | via=Newspapers.com}}{{cite news | last=Staff writer | date=August 27, 1966 | url=https://www.newspapers.com/article/the-news-electronics-firm-opens-warehous/195781488/ | title=Electronics Firm Opens Warehouse in Saddle Brook | work=The News | location=Paterson, New Jersey | page=9 | via=Newspapers.com}} In the summer of 1966, Lloyd's raised another large warehouse in [[Saddle Brook, New Jersey]], in anticipation of heavy consumer demand for winter 1966. By the end of the decade, it raised yet another warehouse in nearby [[Teterboro, New Jersey|Teterboro]] as well as a satellite office in [[Elmwood Park, New Jersey|East Paterson]].


[[File:Vintage Lloyd's LED Pocket Electronic Calculator, Model 30 (aka EH-9036), Made in Taiwan, (8726330055).jpg|thumb|upright|Lloyd's Electronics Model 30 pocket calculator, made in Taiwan]]
[[File:Vintage Lloyd's LED Pocket Electronic Calculator, Model 30 (aka EH-9036), Made in Taiwan, (8726330055).jpg|thumb|upright|Lloyd's Electronics Model 30 pocket calculator, made in Taiwan]]
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