Presidents Day was originally established in 1885 in recognition of President George Washington and was traditionally celebrated on February 22, Washington’s actual day of birth, until 1971. Presidents Day is now viewed as a day to celebrate all U.S. presidents, past and present.
When Channellock Inc. was founded in 1886, it was known as the Champion Bolt & Clipper Company, and Grover Cleveland was president of the United States. Since then, there have been 21 U.S. presidents. But during that same time, there have only been five generations of leadership at Channellock Inc.
George B. DeArment, a blacksmith from Evansburg, Pa., began hand-forging farrier's tools in a small factory. Then he would sell them from town to town out of the back of a wagon. Eventually, the business became known as the Champion Bolt & Clipper Company.
George B. DeArment's two sons, Almon W. and J. Howard DeArment, became partners in the company, and took over after George B.'s retirement. Under the brothers' management, the product line expanded to include hammers.
Not long after J. Howard passed away in 1923, Almon changed the name of the company to Champion-DeArment Tool Company.
In 1950, J. Howard DeArment’s sons, George S. and William A. DeArment, took over the company after Almon DeArment passed away. During this time, the company revealed its two newest concepts: an undercut tongue and groove design, and a reinforced flange. Both of these innovations resulted in new patents being granted.
With the risk of the words "channel lock" becoming synonymous with the product, the DeArments changed the company name to CHANNELLOCK® to protect its valuable trademark.
William S. DeArment, son of William A., became the next Channellock Inc. president in 1980 when William A. and George S. became co-chairmen of the company's board of directors.
In 2014, Jon DeArment became president and COO of Channellock Inc., as the DeArment family’s fifth generation to lead the company.
Happy Presidents Day, CHANNELLOCK® Nation.
Communications & Training Manager