How I created a $20 million luxury ice company
Business Insider
February 19, 2026
AI-Generated Deep Dive Summary
Richard Boccato, founder of Hundredweight Ice, transformed a simple idea into a multimillion-dollar luxury business by reimagining ice as a high-end product. Starting in 2009 with basic tools like chainsaws and clothing irons in a bar basement, Boccato built a company that harvests over 3 million pounds of ice annually and generated $3 million in revenue in 2025. His business, based in New York City, specializes in crafting custom-shaped ice, including cubes, spheres, and intricately engraved designs, catering to high-end clients such as Michelin-starred restaurants.
The journey began with a focus on precision and creativity, using filtered tap water to create visually stunning and unique ice pieces that elevate dining and beverage experiences. Boccato’s ability to combine artistry with entrepreneurship has turned an often-overlooked element into a luxury item, serving hundreds of clients across the food and hospitality industries.
Hundredweight Ice’s success lies in its niche market strategy, filling a gap in the luxury sector by offering premium ice products that add value to高端 dining experiences. The company’s growth from humble beginnings to a multimillion-dollar operation highlights the power of innovation, attention to detail, and the ability to identify untapped opportunities in even the most unexpected industries.
For business enthusiasts, Boccato’s story underscores the importance of creativity, quality, and scaling operations effectively. By focusing on a specific market need and delivering exceptional value, Hundredweight Ice has established itself as a leader in its field, proving that luxury can be found in even the simplest of elements.
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Originally published on Business Insider on 2/19/2026