The purchase was completed in 1971, the year that Hunt offered stock to the public for the first time. This company manufactured special papers for use by artists. The following year, Hunt continued its move into the art supply field when it sought to acquire the Bienfang Paper Company, based in Metuchen, New Jersey. In 1969, George Bartol III took complete control of Hunt from his father, becoming chairman of the board. In addition, Hunt expanded its Statesville, North Carolina, manufacturing plant. In 1966, the company bought the New Masters Company, which manufactured artists ’ paints. In the late 1960s, Hunt expanded its line of products from basic, functional office supplies to arts and crafts supplies as well. Also during this time, the company moved its headquarters from its long-time home in Camden to Philadelphia. Howard Hunt Pen Manufacturing Company changed its name to the Hunt Manufacturing Company, reflecting the broadened scope of the company ’s activities. A second acquisition was made shortly thereafter, when the company purchased the Peterson Manufacturing Company, which produced parts for metal eyelets. Bartol III became the company ’s president and chief executive officer.Īlso that year, Hunt transferred its manufacturing operations from Camden, New Jersey, to Statesville, North Carolina. In 1957, a third generation of the Bartol family took the reins at Hunt, when George E. In 1940, Hunt introduced pen points made of a non- stainless steel alloy, and this innovation helped the company to maintain its market share throughout the war years and the late 1940s. Hunt continued to manufacture pens and pencil sharpeners throughout the Great Depression, when many other business failed, due to the essential nature of the products. Under the leadership of the younger Bartol, Hunt made its first major acquisition in 1925, when the company purchased the Boston Pencil Sharpener Company. Bartol passed on the chairmanship of Hunt to his son, George E. This item marked the company ’s entry into the newly emerging ballpoint pen market, which was rapidly replacing the market for traditional ink pens. In 1915, Hunt introduced an innovative new product that would become a mainstay of its line: the Speedball ballpoint pen. Bartol, whose family would retain control over the property throughout much of the twentieth century. Two years after this start, Hunt was turned over to new management and formally incorporated. Howard Hunt Pen Manufacturing Company opened in Camden, New Jersey. Hunt traces its lineage to 1897, when the C. Under this policy, the company ’s size has grown rapidly in the last decade. Owned and run by one family throughout almost all of its history, Hunt benefited from stability in its finances and management, which allowed it to embark upon a program of rapid expansion through acquisition of other companies in the late 1980s. The company started life making pens, and this one product grew into a line that includes more than 10,000 items. The Hunt Manufacturing Company is a leading producer and distributor of office supplies and arts and crafts products. Howard Hunt Pen Manufacturing Company Employees: 1,871 Sales: $234.9 million SICs: 3951 Pens & Mechanical Pencils 3579 Office Machines, Not Elsewhere Classified 2521 Wood Office Furniture 2899 Chemical Preparations, Not Elsewhere Classified Public Company Incorporated: 1899 as the C. 230 South Broad Street Philadelphia, Pennsylvania 19102 U.S.A.
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