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Lego is Growing Like Crazy, Leaving Mattel and Hasbro in the Dust

If you watch our Job Boards, you know that Lego was looking for a Senior Design Director this summer. As it turns out, that one job was just a drop in the bucket: The company has been on a hiring spree this year, picking up over 3,500 new employees in the first half of 2016, bringing their total team to about 18,500 people.

In short, Lego is growing like crazy. They’re building out their factories in China, Mexico and Hungary, with the aim of making the latter two facilities able to “potentially double” their output, according to the company. Quartz looked at the company’s revenue/profit numbers and found that they’re absolutely crushing Mattel and Hasbro, independent of employee populations:

Charts via Quartz

They’re also growing faster than both companies:

Charts via Quartz

Lego is also in the process of designing a Sustainable Materials Centre, which will “deliver on the LEGO Group’s ambition of ensuring that all raw materials used for manufacturing LEGO products, including packaging, are sustainable by 2030.”

On top of that, they’ve set the ambitious goal of having “all energy consumption balanced by renewable energy by 2020,” and to that end, Lego has invested in a wind farm off the UK coast. It’s coming online next year and “will be able to supply CO2-free power equivalent to the annual electricity consumption of more than 230,000 households.”

Says Executive Vice President and Chief Financial Officer John Goodwin:

“For the LEGO Group, investing in an ambitious responsibility agenda is an ongoing and integral part of our company - to continue to improve how we run our business in relation to our environmental impact. In that process, we focus on a broad range of efforts, with energy efficiency and investments in renewable energy being one cornerstone. Another is our search for sustainable materials, on which we will continue our dedicated work in the coming years.

Keep watching those Job Boards; another design position is bound to pop up.