Imperial Schrade
In 1916, two men named Felix and Michael Mirando moved from Frosolone Molise in Italy to Providence, Rhode Island to be near its jewelry industry and began making skeletons for “waldemar,” or pocket watch chain knives.Later developed in slightly modified form as the Presto series, the Schrade switchblade would come to dominate the automatic knife market in the United States for the next fifty-five years.Schrade returned to the United States, though his Springer switchblade would live on; now unprotected by patent, the type was manufactured by several Solingen shops for many years thereafter.In the 1920s, Schrade bought the defunct Walden Cutlery Company in order to obtain their stocks of handle material for his knives.[6] Imperial Knife had positive economic growth up to the late 1970s, but as the conglomerate entered the 1980s, a consolidation took place and the company divested itself of various holdings in order to streamline management.In July 2016, Smith & Wesson Holding Corporation announced that its Battenfeld Technologies division was to purchase Taylor Brands.
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