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What toy, considered one of the greatest of all times, was developed in the 1940's by a small garden-implement business and named after a Minnesota Lake?
On September 18, 1946, Mound Metalcraft was created in Mound, Minnesota with three men as partners.Their building's former occupant, the Streater Company, had made and patented several toys. E.C. Streater was not interested in the toy business so they approached Mound Metalcraft. The three men at Mound Metalcraft thought this might make a good side line to their other products.a new logo with the Dakota Sioux word "Tanka" or Tonka,which means "Great" or "Big",was designed and the company began selling metal toys. This soon became the primary business.On November 23, 1955, Mound Metalcraft changed its name to Tonka Toys Incorporated. The logo at this time was an oval, showing the Tonka Toys name in red above waves, presumably honoring nearby Lake Minnetonka.