 Since then the Toastmaster brand has been used on a wide range of small kitchen appliances, such as coffeemakers, waffle irons, toasters, and blenders.From 1929 until 1980, the brand was owned by McGraw Electric, renamed to McGraw-Edison in 1957.Following a leveraged buyout in 1980 to Magic Chef, the brand changed hands several times and finally went public in 1992 as Toastmaster, Inc.