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Leatherman history
Leatherman company history timeline
They incorporated as the Leatherman Tool Group and set up production in Simplicity's plant, shipping their first tools right before Christmas 1983.
1991: Leatherman wins the first of many trademark infringement cases.
Still, Leatherman continued to face issues of product backlog; as late as 1993, the year Berliner left the company to join Simplicity Tool, the company had been unable to reduce its five-month backlog.
By 1993, Leatherman Tool Group dominated one of the hottest and newest niches in the cutlery business--that of the multi-purpose folding pocket tool--selling more than one million of its Pocket Survival Tools and generating upwards of $30 million in revenue.
By 1993, the company had successfully sued 13 companies for trademark infringement--among them Sears, Roebuck & Co. and JC Penney.
By 1994, sales had increased 45 percent since the debut of the Pocket Survival Tool.
Then Keanu Reeves used a Leatherman to pry open elevator doors in the 1994 film Speed.
In 1998, the company introduced another new addition, the Wave, a tool designed with more features than any other Leatherman.
By the end of 2001, the company had sold more than 20 million tools.
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Leatherman competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Apex Tool Group | 2010 | $1.6B | 8,000 | - |
| Acme United | 1867 | $194.5M | 552 | - |
| The Coleman Company | 1900 | $900.0M | 3,500 | 2 |
| Crane Co. | 1855 | $1.5B | 11,000 | 244 |
| Olin | 1892 | $6.5B | 6,400 | 100 |
| Wolverine World Wide | 1883 | $1.8B | 3,700 | 106 |
| PACCAR | 1905 | $31.6B | 27,000 | 144 |
| Hoover | 1907 | $750.0M | 14 | 4 |
| Johnson Outdoors | 1970 | $592.8M | 1,400 | 47 |
| Buck Knives | 1902 | $80.0M | 320 | 7 |
Leatherman history FAQs
Zippia gives an in-depth look into the details of Leatherman, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Leatherman. The employee data is based on information from people who have self-reported their past or current employments at Leatherman. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Leatherman. The data presented on this page does not represent the view of Leatherman and its employees or that of Zippia.
Leatherman may also be known as or be related to Leatherman, Leatherman Tool, Leatherman Tool Group, Leatherman Tool Group Inc and Leatherman Tool Group, Inc.