History of Noble & Cooley: a drum factory
The company peaked in the late 1970s with a top annual revenue of $3 million. At one point, it had 120 seasonal employees. However, there was a downturn after Noble & Cooley was left holding two dozen containers of unsold toy instruments imported from China when some of its biggest retailers essentially canceled Christmas following the 9/11 attack.
The bank started running scared, says Jones. He had to sell off hundreds of acres of family property to pay back the banks.
Pictured: old products on display in the museum.