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Crayola company history timeline

1885

The company was founded as "Binney & Smith Company" by cousins Edwin Binney and Charles Harold Smith in New York City in 1885.

1900

Also in 1900, the company added production of slate school pencils.

1902

Initially formed as a partnership, Binney & Smith incorporated in 1902, and in that year Binney & Smith developed and introduced the Staonal marking crayon.

1903

The Rubens Crayola line, started in 1903, was directly targeted at artists and designed to compete with the Raphael brand of crayons from Europe.

1904

In April 1904 at the St Louis World's Fair, Binney & Smith won the Golden Medal for their An-Du-Septic dustless chalk.

1926

Binney & Smith purchased the Munsell Color Company crayon product line in 1926, and inherited 22 new colors, 11 in the maximum and 11 in the middle hue ranges.

1934

They retained the Munsell name on products such as “Munsell-Crayola” and “Munsell-Perma” until 1934, and then incorporated their colors into their own Crayola Gold Medal line of boxes.

1939

In 1939, Crayola, by combining its existing crayon colors with the Munsell colors, introduced its largest color assortment product to date; a "No.

1944

52 Drawing Crayon 52 Color Assortment", which was retired by the 1944 price list.

1949

In 1949, Crayola introduced the "Crayola No.

1958

Further expansion took place in 1958 with the introduction of the 64-color pack that included the company's first crayon sharpener built into the box.

1977

In 1977, Binney & Smith acquired the rights to Silly Putty, a stretchy, bouncy silicon rubber compound.

1978

Crayola markers were introduced in 1978 to coincide with the 75th anniversary of Crayola crayons.

1984

In 1984, the company was acquired by Hallmark Cards, a privately held corporation.

1987

Colored pencils and a line of washable markers were added in 1987.

1997

In August 1997, Crayola collaborated with Alliance Atlantis and the entertainment arm of Hallmark Cards to release three direct-to-video adaptations of famous children's novels under the name Crayola Kids Adventures.

1998

Crayola Crayons were inducted into the National Toy Hall of Fame at The Strong in Rochester, New York, in 1998.

2007

On January 1, 2007, Binney & Smith reorganized as Crayola LLC, to reflect the company's number one brand.

2011

In 2011, My First Crayola was launched.

2015

In 2015, Crayola announced "Color Escapes" for adults to help them relieve stress.

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Founded
1885
Company founded
Headquarters
Easton, PA
Company headquarter
Founders
Edwin Binney,C. Smith
Company founders
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Crayola competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Fruit of the Loom1851$6.6B32,4008
Hoover1907$750.0M145
Quaker Oats1877$3.8B10,000-
CSS Industries1923$382.3M2,000-
Hallmark Cards1910$5.0B30,000-
The Franklin Mint1964$7.2M20-
Mattel1945$5.4B32,100150
Build-A-Bear Workshop1997$338.5M5,64365
American Girl1986$57.0M1,158-
Fisher-Price1930$1.1B5,000-

Crayola history FAQs

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Crayola may also be known as or be related to Binney & Smith Company (1885–2007), Binney & Smith Employee Credit Union, Crayola and Crayola LLC.