The story
First Generation
The company was founded as a forge in 1882 by Carl Gustav Putsch in the basement of his family home. The firm began with one employee and two apprentices. Until the 1960s the firm was known as the C. Gustav Putsch Drop Forged Pliers Works (Zangenfabrik-Gesenkschmiede). In its early days manufacture focused on carpenter's pincers and farrier's tongs, at first made by hand and then increasingly by drop forging hammers. At the apex of the company's success under Carl Putsch the forge had 27 employees and produced 7,000 pairs of pliers per week.
Second Generation
Carl Putsch ran the company until his death in 1927. In 1942 the second generation of ownership, also named Carl Putsch, registered the "Knipex" brand in Germany. During the economic expansion of West Germany in the 1950s Knipex added new and more specialized types of pliers to its catalog.
Third Generation
Karl Putsch took over as company manager in 1954. Manufacturing operations were increasingly automated. The development of new tool patents and product specialization was given greater emphasis.
Fourth Generation
Various subsidiary companies were acquired during an expansion campaign that began in the 1990s, enlarging the Knipex Group. Many foreign sales offices were established. Presently better than 60 percent of production is exported to more than a hundred countries worldwide. The Knipex group has been led by Ralf Putsch since 1996. He is the great-grandson of founder Carl Putsch.
From Wikipedia’s article on Knipex, shared under CC BY-SA 4.0.4
