making

When Bowerman took his idea to several existing shoe companies, he was literally laughed at. In fact, every single company turned him down. Though rather discouraged, Bowerman persevered and went on to form his own company, making NIKE athletic shoes.

I would like to know the meaning of “making NIKE athletic shoes”

  1. and he made NIKE athletic shoes. (he=Bowerman)
  2. and it made NIKE athletic shoes. (it=his own company)
  3. as a result of that, Nike athletic shoes was made.

His company made Nike shoes.