Inc. is an American company founded by Lyndon "Duke" Hanson, Scott Seamans, and George Boedecker''CNNMoney.com, Nov. 3, 2006',' accessed on Feb. 2, 2007. http://money.cnn.com/2006/11/02/magazines/business2/crocs_whatworks.biz2/index.htm?postversion=2006110306. in July 2002 in Boulder, Colorado to market a shoe developed and manufactured by Foam Creations, Inc.. Originally intended as a boating/outdoor shoe because of its slip-resistant, non-marking sole, crocs introduced its first model, the Beachâ„¢, in November 2002 at the Ft. Lauderdale Boat Show.