The story
Founded by George Safford Parker in 1888, in Janesville.1
George Safford Parker, the founder, had previously been a sales agent for the John Holland Gold Pen Company. He received his first fountain pen related patent in 1889. In 1894, Parker received a patent on his "Lucky Curve" fountain pen feed, which was claimed to draw excess ink back into the pen barrel when the pen was not in use. The company's first successful pen, released in 1899, was the Parker Jointless.
From the 1920s to the 1960s, before the development of the ballpoint pen, Parker was either number one or number two in worldwide writing instrument sales. In 1931, Parker created Quink (quick drying ink), which eliminated the need for blotting. In 1941, the company developed the most widely used fountain pen model in history, the Parker 51, which led to over $400 million in sales during its 30-year history.
In 1954, Parker released the Parker Jotter ballpoint pen with its original nylon body and inverted "V" clip. The Jotter would go on to sell over 750 million units during its history. In 1955, the company introduced its Liquid Lead pencil, which used liquid graphite to write like a pen. However, the Scripto company had introduced a similar product called Fluidlead a few months prior.
The company bought retailer and catalog company Norm Thompson in 1973, and then sold it in 1981.
A management buyout in 1986 moved the company's headquarters to Newhaven, East Sussex, England, which was the original location of the Valentine Pen Company previously acquired by Parker. In 1993, Parker was purchased by the Gillette Company, which already owned the Paper Mate brand – the best-selling disposable ballpoint. In 2000, Gillette sold its writing instruments division to the company Newell Rubbermaid, whose Sanford Stationery Division became the largest writing instrument manufacturers in the world at that time, simultaneously owning such brand names as Rotring, Sharpie, Reynolds as well as Parker, PaperMate, Waterman, and Liquid Paper.
After Parker's unique design patent for its Jotter classic metal ink refill cartridge expired, low cost generic copies produced in China led to increased commercial competition. Parker's sales began to see drastic adverse effects as a result. In July 2009, Newell Rubbermaid Inc. in response announced that it had decided to close down the Parker production factory at Newhaven in England, with the dismissal of 180 employees from the facility, and relocate production to France. The following month, Newell Rubbermaid announced that closure of the factory in Janesville, Wisconsin, which eliminated a further 153 manufacturing jobs. The company press release stated: "This decision is a response to structural issues accelerated by market trends and is in no way a reflection on the highly valued work performed by our Janesville employees over the years." Newell Rubbermaid offered 'transitional employment services' along with severance pay in compensation to the dismissed workforce.
With a strategic move from mass-market appeal to luxury retailers, Parker also altered its traditional product warranty on its high end pens, changing the former lifetime guarantee to a two-year warranty limitation.
Parker Pen Co. was an aviation pioneer. The interest of Parker Pen Co. in aircraft came from Kenneth Parker, son of the founder; he enlisted in the fledgling air service and, after flight training at Miami Air Base, USA, he was assigned to officer training in tactical maneuvers at Pensacola Naval Air Station, Florida, USA. From their first company business plane, the Parker Duofold Fairchild, they used it as an innovative advertising weapon inviting his dealers.
From Wikipedia’s article on Parker Pen Company, shared under CC BY-SA 4.0.4
