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Posted By TimALoftis 1 year ago in Business & Finance

Betty James, who co-founded the company that made the Slinky and beat the odds as a single mother in the late 1950s to become a successful executive, has died. She was 90.

She died Thursday, said a spokeswoman for the Hospital of the University of Pennsylvania in Philadelphia.

In 1945, James and her husband at the time, Richard, founded the company that would later make Slinky, the toy for which she was inducted into the Toy Industry Hall of Fame in 2001. The coil-shaped toy which could go down stairs by walking end-over-end became a hit with children.

She took over management of James Industries Inc. 14 years after the company was founded, after her husband left her to follow a religious cult in Bolivia. Richard James died in 1974.

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    TimALoftis1 year ago

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    I loved my SLINKY

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      Beau78901 year ago

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      Remember this?

      http://www.youtube.com/watch?v=CM_sMM_tvX8

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        TimALoftis1 year ago

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        yep...thanks, Beau7890...don't you love that florescent green shag carpet in that video as well...oh the memories!

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      Will13131 year ago

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      It was a great toy.. as an only child it gave me many hours of fun....

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        chevydog1 year ago

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        A great toy. Low tech in a low tech age. Deserves its place in the Hall of Fame. I wonder how many of our electronic ****os will be thought of in the same way after 50 years.

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          chevydog1 year ago

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          Don't know why it gave me the dreaded *****. It wasn't anything close to illegal, immoral, or fattening.

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