The company was founded by Boyd Smith and his wife Elizabeth in 1983. The Smiths purchased a building that was previously the site of a car dealership. The Smiths began the business with six employees and produced one bear, which was named "Teddy". The company grew quickly, and by 1985, it had 200 employees and was producing over 1 million bears per year.
In 1989, the Smiths sold Boyd's to Robert and Joyce Clark, who had been working with the company for several years. The Clarks continued the company's growth and added new product lines, including dolls, puzzles, and other collectibles.
In 1998, Boyd's opened a new headquarters and distribution center in Gettysburg. The facility is a state-of-the-art operation that houses over 1000 employees. Boyd's also has a retail store at its headquarters and other stores throughout the United States and Canada.
Today, Boyd's is one of the largest manufacturers of collectible plush bears in the world. The company produces over 2 million bears per year and sells its products to over 10,000 retailers in over 50 countries. Boyd's bears are known for their quality, craftsmanship, and unique designs. The company is also committed to giving back to the community and has donated millions of dollars to charities over the years.
In conclusion, Boyd's Collection Ltd. is still in operation and continues to produce collectible plush bears and related products. The company is headquartered in Gettysburg, Pennsylvania, United States.