Tegu (toy company)
| Company type | Private |
|---|---|
| Industry | Toy manufacturing |
| Founded | 2006 |
| Founder | Chris Haughey, Will Haughey |
| Headquarters | Rowayton, Connecticut and Tegucigalpa , United States and Honduras |
Area served | International |
Key people | Chris Haughey, Will Haughey |
| Products | Magnetic wooden building blocks |
| Revenue | $8 million (2019) |
| Website | www |
Tegu is a privately held toy manufacturer established in 2006 by brothers Chris and Will Haughey, focusing on magnetic wooden building blocks. With dual headquarters located in Rowayton, Connecticut, and Tegucigalpa, Honduras, Tegu serves an international market and reported $8 million in revenue in 2019. The company integrates innovative product design with a commitment to social responsibility by generating jobs in Honduras, promoting reforestation efforts, and investing in educational initiatives.
| Founders | Chris Haughey, Will Haughey | |
| Type | Magnetic Wooden Toy Manufacturer | |
| Founded | 2006 | |
| Headquarters | Rowayton, Connecticut, United States and Tegucigalpa, Honduras | |
| Website | www.tegu.com | |
| Revenue | $8 Million (2019) |
Business overview
Chris and Will Haughey, brothers originally from New Zealand and raised in St. Louis, Missouri, combined their distinct experiences to launch Tegu. Chris holds a mechanical engineering degree from Stanford University and gained professional experience working in Mexico City and later as a management consultant at Boston Consulting Group, where he traveled extensively across Latin America. Motivated by his time in Honduras, he established the company in Tegucigalpa in 2007 following comprehensive market analysis.
Will Haughey graduated from Indiana University’s Kelley School of Business and initially pursued a career at Goldman Sachs before dedicating himself fully to Tegu in 2008.
Tegu is recognized for creating the first magnetic wooden blocks available commercially, using premium woods such as Huesito, Mahogany, Beech, and Primavera. The brand name honors its Honduran heritage by referencing the capital city Tegucigalpa.