K2 Sports

K2 Inc. ( NYSE: KTO) was founded in 1961 by brothers Bill and Don Kirschner in Vashon Island, near Seattle, Washington. K2 is known for pioneering fiberglass ski technology, which made skis significantly lighter and more lively than their wood and metal contemporaries. On June 22, 2006, K2 announced it was moving its business office from Vashon Island to Seattle's Industrial District. (Manufacturing moved to China in 2001.)[1] On April 25th, 2007 Jarden Corporation announced a definitive agreement to acquire K2, Inc. for a cash and stock value per share of $15.50
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