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Posted August 11. 2017 1:38PM

Velcro tycoon's Coronado Island estate hits market for $13.5M

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Velcro put to playful use on the David Letterman Show. (YouTube)

Clark Hartwell was one of the three initial investors in Velcro and opened American Velcro Inc. in New Hampshire in 1957 distributing VELCRO® Brand products worldwide. He remained the Chairman and President through 1973 and licensed the technology to 3M Corporation in 1970.