Glass making in Tyrone has a history going back as far as 1771, when Benjamin Edwards founded a company in county Tyrone, Ireland. Tyrone Crystal was set up two hundred years later in 1971, by Father Austin Eustace to create employment in the Dungannon area of County Tyrone. There was not a lot of employment in the area at the time and nobody in the area knew anything about making crystal. An advertisement was placed in a national newspaper, seeking someone who could train people in the area. Two Austrians, a master blower and a master cutter, were hiking across England and read the advertisement; they came over to train the employees. Trainees began practising on glass jars and bottles until they became skilled enough to make crystal on their own, and they set up a glass blowing shop in Dungannon.
In 1988 the company was awarded an ISO 9000 for quality; the youngest glasshouse in Ireland or the U.K. to gain the recognised standard. A new factory, built in 1990, is also a tourist attraction. Tyrone Crystal acquired Tipperary Crystal in 2000 as part of an investment plan that spent £500,000 on a new visitors' centre that opened in 2001.
The company was acquired by businessmen Peter Maginnis and Nigel Blackburn in 2006.