Bertha Warbird
Callaway Golf Company by jekky
History
Callaway Golf Company was founded by former Burlington Industries textile president, Ely R. Callaway, Jr. Callaway was raised in Lagrange, GA and was a graduate from Emory University. Callaway became very successful in the textile industry and was very fond in playing golf. At games, Callaway would use clubs by Hickory Sticks. The clubs were constructed of hickory-shafts with a steel core. At that time, Hickory Sticks was owned by Richard Parente and Dick De La Cruz. As Hickory Sticks started running low on funds, they sought investors to help the company and approached Callaway. At the time, he had just sold his vineyards for a $9 million profit. Then in 1982, he bought half of Hickory Sticks, the company was renamed to Callaway Hickory Stick USA. In 1984, Callaway bought the rest of the company for $400,000. In 1983, he became president and moved the company to Carlsbad, California where he sold clubs out of his Cadillac. The company eventually changed to its present name in 1988.
In 1986, Callaway hired a billiard cue designer, Richard C. Helmstetter, as a consultant. Helmstetter later became chief club designer that same year and introduced computer-controlled manufacturing machines. With his help, the company developed the original Big Bertha driver using large-volume (190cc) steel clubhead. The Big Bertha driver grew to 290 cc in 1997.
In 1996, the company hired Roger Cleveland as chief club designer and in 2002, launched the Callaway Golf Forged Wedges. These wedges were constructed from carbon steel and a face with modified U grooves.
In that same year, Callaway announced the development of a new Golf Ball. Callaway Golf spent three years developing its new golf ball and a state-of-the-art production facility. The company entry into the market represented a $170 million investment in the research and development of the ball, construction of the 225,000-square-foot (20,900 m2) production facility, and development and purchase of special manufacturing equipment. Callaway manufacturing facility and its equipment were designed specifically for the unique production requirements for the new ball.
Callaway Golf Ball Company engineers, recruited from Du Pont and Boeing, used aerodynamic computer programs (first used by Boeing and General Electric) to evaluate more than 300 dimple patterns and more than 1,000 variations of ball cores, boundary layers, and cover materials to create the new Rule 35 ball. Callaway engineers designed only two models of the Rule 35 ballhoosing to develop a “complete-performance” ball rather than separate balls developed for spin, control, distance, and durability. Ely Callaway explained the company product development objectives as follows: “We have combined all of the performance benefits into one ball so players no longer need to sacrifice control for distance, or feel, or durability. Each Rule 35 ball contains a unique synergy of distance, control, spin, feel and durability characteristics. This eliminates confusion and guesswork in trying to identify the golf ball that is right for each individual golfer.”
In 1997, Odyssey Sports was acquired expanding Callaway’s line of putters. This eventually led to the release of the Odyssey White Hot putter line in 2000.
Ely Callaway resigned in 1996 stepping aside for Donald H. Dye to take over as CEO and President, but Callaway would continue to be part of the company in a promotional role. He later returned in 1998 to reassume his leadership position but died of pancreatic cancer on July 5, 2001 which left the position to Ron Drapeau.
In 2003, Ron Drapeau, announced the intended purchase of Top-Flite Golf, as well as its Ben Hogan Golf division, soon after it filed for Chapter 11. Following competition from Adidas the acquisition would eventually cost Callaway Golf $169 million.
Financial
In 1992, Callaway Golf went public on the New York Stock Exchange.
The Company announced a dividend of $.07 per share, payable September 20, 2007, to shareholders of record as of September 6, 2007.
Callaway Professionals
PGA Tour
Cameron Beckman
Rich Beem
Notah Begay
Mark Brooks
Ernie Els
Nick Flanagan
J. J. Henry
Fredrik Jacobson
Rocco Mediate
Phil Mickelson
European Tour
Thomas Bjrn
Michael Campbell
Emanuele Canonica
Franois Delamontagne
Nick Dougherty
Niclas Fasth
Alastair Forsyth
Stephen Gallacher
Ricardo Gonzlez
Anton Haig
Thongchai Jaidee
Barry Lane
Michal Lorenzo-Vera
Graeme McDowell
Phillip Price
lvaro Quirs
Robert Rock
Marcel Siem
Oliver Wilson
LPGA Tour
Julieta Granada
Leta Lindley
Carolina Llano
Morgan Pressel
Annika Srenstam
Momoko Ueda
Champions Tour
Olin Browne
Jim Colbert
Dave Eichelberger
Mark McNulty
Eduardo Romero
Nationwide Tour
Bubba Dickerson
Legends
David Leadbetter
Johnny Miller
Arnold Palmer
Gary Player
Source
Current Products in Production
I-MIX
Interchangeable Clubheads and Shafts:
FT-iQ, FT-iQ Tour
FT-9, FT-9 Tour
Drivers
FT-Tour, FT-iZ
FT-9, FT-9 Tour
FT-iQ, FT-iQ Tour
Diablo Edge/Diablo Edge Tour
Big Bertha Diablo Driver
Hyper X, Hyper X Tour Driver
Women’s Big Bertha Driver
Fairway Woods
FT-iZ
Diablo Edge
Big Bertha Diablo Fairway Woods
FT-i Squareway Fairway Woods
FT, FT Tour Fairway Woods
X, X Tour Fairway Woods
Hybrids
Diablo Edge
FT Hybrid
X Hybrid
Big Bertha Diablo Hybrid
Irons
Diablo Edge
Diablo Edge Forged
FT I-Brid Irons
FT Irons
X-22 Irons, X-22 Tour Irons
X-Prototype Irons
X Forged Irons (2009)
Big Bertha ‘09 Irons
Wedges
Jaws Wedges
X-Forged Wedges
X-Tour Wedges
Balls
Tour i(s)
Tour i(z)
Tour i
Tour ix
Big Bertha Diablo
HX Hot Plus, HX Hot Bite
HX Pearl
Warbird Plus
Coming Soon No unreleased products at this time
Source
References
^ a b “CALLAWAY GOLF IN $130 MILLION DEAL FOR ODYSSEY SPORTS”. New York Times. July 22, 1997. http://query.nytimes.com/gst/fullpage.html?res=9C07E4DB133BF931A15754C0A961958260. Retrieved 2008-10-15.
^ a b “COMPANY NEWS; CALLAWAY GOLF BEATS OUT ADIDAS TO BUY TOP-FLITE”. New York Times. September 5, 2003. http://query.nytimes.com/gst/fullpage.html?res=9501E5DD1E38F936A3575AC0A9659C8B63. Retrieved 2008-10-15.
^ Golf – CBSSports.com
^ Callaway Golf Company – Company History
^ Callaway Forged Wedge
^ Callaway Golf Company Online Case
^ http://www.infoplease.com/ipa/A0884345.html
External links
Official Callaway Golf website
Official Odyssey Golf website
Official Top Flite Golf website
Official Ben Hogan Golf website
Categories: Companies listed on the New York Stock Exchange | Companies based in San Diego County, California | Sporting goods manufacturers of the United States | Golf equipment manufacturers | Golf in the United States | Clothing brands
About the Author
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Madera 5 Big Bertha War Bird
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January 22, 2012 8:02 pm 
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