Collectible Pez

PEZ is the brand name of an Austrian candy, the pocket mechanical dispensers for such candy, and an abbreviation of PEZ Candy Inc. The candy takes the shape of pressed, dry, straight-edged blocks (3/8-inch- (1-cm-) long), with PEZ dispensers holding 12 pieces of PEZ candy.

The name PEZ was derived from the German word for peppermint, Pfefferminze, the first PEZ flavor. PEZ was originally introduced in Austria, later exported, notably to the U.S., and eventually became available worldwide. The all-upper-case spelling of PEZ echoes the trademark's style of type on packaging and the dispensers themselves, drawn in perspective and looking as if the letters were built out of 44 brick-like PEZ candies (14 bricks in the P and 15 in both the E and Z).

Despite the world-wide recognition of the PEZ dispenser, the company considers itself to be primarily a candy company, producing over 3 billion candy bricks each year in the U.S. alone. PEZ Dispensers are part of popular culture in many nations. Because of the large number of dispenser designs over the years, PEZ dispensers are collected by enthusiasts.

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PEZ was first marketed as a compressed peppermint candy in Vienna, Austria. The candy was invented in 1927 in Vienna by a confectioner named Eduard Haas III. Haas invented peppermint candies using family owned baking powders, and decided to serve the mints in small, hand-size containers. He manufactured a small tin to hold the mints, similar to the modern Altoids tins. The first PEZ mint dispensers, known as "regulars", were similar in shape to a cigarette lighter, and dispensed an adult breath mint marketed as an alternative to smoking. They were invented by Oscar Uxa. Haas Food Manufacturing Corporation of Vienna, Austria, was the first to sell PEZ candies.

World War II slowed marketing and production. In 1945, manufacturers devised and promoted the PEZ Box Regular. In 1952 Eduard Haas introduced his product to the United States, and Curtis Allina headed PEZ's U.S. business. In 1955, the PEZ company placed heads on the dispensers and marketed them for children. Santa Claus and Mickey Mouse were among the first character dispensers.

After being unavailable for several years, peppermint flavored PEZ candies were reintroduced in the late 1990s along with remakes of the "regulars".

In early 2006 the family of the original founder of the company bought back 32.5% of the stock from investment company PGH for €18M. They now own 67.5% of the company. The headquarters are in Traun, Austria. The candies are produced in Traun and Orange, Connecticut. Dispensers are produced in Hungary and China.

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