Leatherman Tool Group, Inc. Company Research Report
Company Overview
Name:
Leatherman Tool Group, Inc.
Mission of the Company:
Leatherman designs, builds, and manufactures compact multipurpose tools to facilitate problem-solving, helping individuals with everyday fixes and survival situations.
Founded
- Year: 1983
- Founder: Tim Leatherman
Key People
- Founder: Tim Leatherman
- CEO: Ben Rivera
Headquarters
- Location: Portland, Oregon, USA
Number of Employees
- No information is available
Revenue
- No information is available
Known For
Leatherman is known for being the first to introduce pliers-based multi-tools, revolutionizing the multi-tool market. The company specializes in durable, high-quality multi-purpose tools and accessories.
Products
Multi-Tools Offered
Leatherman provides a diverse range of multi-tools catering to various customer needs across different activities like camping, crafting, fishing, hiking, preparedness, and more. Below are some key products and their descriptions:
1. ARC®
- Tools Included: 20
- Description: The pinnacle of Leatherman's multi-tools with advanced FREE® Technology. It features premium materials and is designed for smooth one-hand operation.
- Key Features:
- MagnaCut® knife blade with thumb stud
- Includes a sheath and extra bits
- Built with FREE® Technology for easy use
2. WAVE®+
- Tools Included: 18
- Description: An international best-seller, known for outside-accessible tools that can be opened with one hand.
- Key Features:
- All tools lock in place
- Compatible with Bit Kit Set and Extender
- Outside accessible blades, saw, and files
3. SIGNAL®
- Tools Included: 19
- Description: Designed for outdoor adventures with unique features such as a firestarter, emergency whistle, and ferro rod.
- Key Features:
- Emergency whistle
- Ferro rod
- Removable pocket clip
4. SUPER TOOL® 300
- Tools Included: 19
- Description: Built for hard-working professionals with easy-to-access tools even while wearing gloves.
- Key Features:
- Iconic box design
- Extra strong pliers
- Removable wire cutters
5. SKELETOOL® CX
- Tools Included: 7
- Description: A minimalist, lightweight multi-tool that includes only essential tools for everyday use.
- Key Features:
- 154CM stainless steel straight blade
- Removable low profile pocket clip
- Sleek, minimalist design
Recent Developments
New Products Launched
- ARC®
- Combines fan favorite implements with premium materials and innovative MagnaCut steel blade.
- New Colors for Existing Products
- Products like MICRA® and SKELETOOL® CX are now available in vibrant colors for a more personalized user experience.
New Partnerships
- No information is available
New Features Added to Existing Products
- MagnaCut® Steel Blades: The use of high-performance MagnaCut steel in ARC® for better edge retention, toughness, and corrosion resistance.
Notable Mentions
- Innovation-driven initiatives like "The Leatherman Garage," fostering new product testing, limited edition releases, and creative design.
Conclusion
Leatherman Tool Group, Inc. continues to be a pioneering leader in the multi-tool market, with a rich history of innovation and a commitment to quality. Their diversified product range and ongoing improvements ensure they stay at the forefront of the industry, catering effectively to various user needs through durable and versatile tools.
