Toymaker MGA Entertainment is not just focused on the biggest gift-buying holiday of the year but has its eyes set on a longer-term goal: sustainability in the toy manufacturing industry.
The company is currently using recycled materials to produce new products and is even encouraging customers to think green.
"We hit a lot of snags. People don't like to change. Factories don't like to change, but if there is a will, there is a way to do it. So far we have been successful," Isaac Larian, CEO and founder of MGA Entertainment, told Cheddar.
Last year, the company partnered with New Jersey-based recycling company, Terracycle, to make recycling its L.O.L Surprise! products and the packaging easier for customers.
"Just last month alone, over 25,000 toys were recycled, which is great," Larian said.
Those recycled toys are currently being used to make Little Tikes' Go Green line of toys. So far, the company has used more than 4 million pounds of recycled materials to create new products.
While MGA keeps sustainability in mind when creating new products, according to Larian, it isn't impacting the company's ability to deliver and keep kids satisfied.
"I've been in [the] toy business for 42 years. I see children today much more aware of sustainability and climate change than ever before, so that is great news for the future of this planet," he noted.
While sustainability may increase MGA's overhead, Larian said efforts to protect the environment are worth the price tag.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
