In June 1956, Rachel Magee created a 16'x16' room over her father-in-law's furniture store in Corning, Arkansas, and launched the Magee Frame Company on total capital expenditure of $350. She projected profits of between $25 and $50 per month—enough to help pay for her daughter's college expenses.
Rachel ran the business for two years before her husband, John, quit his father's store to devote full time to the new enterprise. In that time, the company had moved to facilities four times as large (35'x35') with a seriously leaky roof, bought its first piece of production equipment and expanded to one full-time and two part-time employees.
John Magee promoted their products at the Chicago Housewares Show from the back of their car while staying at the YMCA. By September 1959, the company had moved yet again, and sales and production had increased to a point where the Magees were forced to look for a new location outside of Corning.
The town of Pocahontas, Arkansas, welcomed the Magees with open arms and a $4,000 incentive package and the company began production there in November. In the spring of 1966, the city passed (1,117 to 16!) a $125,000 bond election to secure a loan for The Magee Company to build a larger, permanent facility. By 1971, Magee employed more than 125 workers at Pocahontas and in 1972, Magee produced its first metal photo frame.
Magee, now operating under the name of Pinnacle Art and Frame, saw extensive growth in the 80's and 90's expanding alongside several up-and-coming retail partners. This was a time for considerable improvements in manufacturing processes and efficiencies.
In December 2002 Pinnacle was acquired by Newcastle Partners, a Dallas-based private equity fund, and the company was renamed Pinnacle Frames and Accents.
In the winter of 2005, Pinnacle relocated its corporate and creative offices to Austin, Texas. Ever since, the design, marketing and sales groups have continued to enhance their talent pools with experienced industry professionals. In 2007, Pinnacle drastically expanded its logistical capabilities when a newly operational, 425,000 square foot warehouse and distribution facility came on line in Pocahontas.
In the spring of 2008, Pinnacle acquired Thompson Products of Lakeville, Massachusetts, to expand Pinnacle's presence in the Photo Album category.
Pinnacle has enjoyed rapid growth by striking a successful balance between domestic production and distribution operations in Pocahontas and global sourcing throughout Asia, as well as by providing to its customers customized services and a level of quality that are unique in the frame industry.