Park Tool Company is a leading U.S. designer, manufacturer and marketer of bicycle tools and equipment for bicycle mechanics and hobbyists. They manufacture over 300 products that range from wheel truing stands to Allen wrenches.
In 1963, Howard Hawkins and Art Engstrom were the owners of three bicycle shops in the Twin Cities area when they started noticing that there were no tools available to repair the increasingly complex bicycles of the 1960s, and began creating their own tools. The first tool that was created was a stand that held the bike off the ground allowing convenient access to any part of the bike. Other area bike shops and Schwinn Bicycle Company liked the stands and requested a production model. Soon after, the company expanded to include wheel truing stands, then expanded further into consumer wrenches and gauges. By the early 1980s, Hawkins and Engstrom had sold their bicycle shops to focus their efforts on the tool business.
The founders of Park Tool along with James E. Johnson developed a clamping device on their original bike repair stand, for which they received a United States Patent in 1976.. The company has applied for and has been granted many patents since then including one for a Pizza Cutter mounted on a small bicycle frame.
- ↑ Park Tool Website
- ↑ US Patent #3,514,091.
- ↑ http://www.google.com/patents?id=LE0cAAAAEBAJ&dq=bike+pizza+cutters US Patent #5,428,898