and Charlie Woo are brothers and co-founders of Megatoys
, a toy manufacturing company headquartered in Los Angeles, with an office in Hong Kong and manufacturing plant in China.
immigrated to Los Angeles with the rest of the family a few years later.
During the summer of 1979, the family started a small toy import/wholesale business.
They pulled together the family savings, and could only afford to rent a 400 square feet storefront in the rundown industrial part of Downtown Los Angeles.
As the business grew, they invested and refurbished many of the neighborhood warehouses and helped other Asian immigrants open wholesale toy businesses.
Hundreds of toy suppliers now cluster around a ten city block area that was once a deserted warehouse district, creating an international wholesale trade center.
and Charlie Woo now employ over three hundred local residents for their businesses.
Peter is currently the President of Megatoys and the Chief Executive Officer of California Costume Collections, Inc., a sister company that manufactures Halloween costumes.
Additionally, he is the past Chairman of the Chinese Chamber of Commerce of Los Angeles.
has a long history of promoting Los Angeles in the international arena to attract business and investments.
Most recently, he
was part of Mayor Antonio Villaraigosa's Asian trade delegation in 2006.
co-chaired the "Los Angeles Week in Hong Kong" event for Mayor Bradley in 1991.
He served as Mayor Riordan's advisor on international trade and traveled with him to Israel in 1996 and to China, Hong Kong, and Taiwan in 1998.
He was also a member of Mayor Hahn's Asia trade mission in 2002.
is active with numerous community groups.
He was the founding president of the Los Angeles Historic Cultural Neighborhood Council and the Chair of the Hollywood Beautification Team.
He also served on the Boards of the United Way of Greater Los Angeles and Friends of Chinese American Museum.