The story
Founded by Yvon Chouinard on Dec 1, 1989.1
Black Diamond Equipment's history dates from the late 1950s, when climber Yvon Chouinard began hand-forging pitons and selling them from the trunk of his car in Yosemite Valley. Chouinard's pitons quickly gained a reputation for quality, and Chouinard Equipment Ltd. was born soon after in Ventura, California.
In early 1989, after several product-liability lawsuits and a continued lack of profitability, Yvon Chouinard placed the company in Chapter 11 bankruptcy. Black Diamond was founded on December 1, 1989, when the assets of Chouinard Equipment Ltd. were purchased by a group of former company employees led by (now former CEO) Peter Metcalf, and a few outside investors. Metcalf moved the company and its 45 employees from Ventura, California, to the Salt Lake City, Utah, area in September 1991 to be closer to the climbing and skiing opportunities provided by the Wasatch Mountains.
In 1996, Black Diamond Equipment Europe was established in Reinach, Switzerland, making Black Diamond products more widely available throughout Europe. In 2006, Black Diamond Equipment Asia was established in Zhuhai, China to serve as both a secondary manufacturing facility and a global distribution hub. In May 2010, Black Diamond Equipment was acquired by Clarus Corporation for $90 million. The resulting corporation was renamed and is now publicly traded on the NASDAQ under the name CLAR.
In 2015, Black Diamond announced they would be expanding their Utah manufacturing facility. In 2016, they announced they would be moving their European headquarters from Reinach to Innsbruck in Austria.
In 2024, Black Diamond Equipment received third-party certification from UL Solutions verifying the use of recycled aluminum in several of its product lines.
From Wikipedia’s article on Black Diamond Equipment, shared under CC BY-SA 4.0.5
