Dymo had revenues of close to $210 million, and more than half of its sales came from foreign operations. That year Oxford Pendaflex, backed by parent company Esselte, took over the California company Dymo Industries, which was well known for its Dymotape labeling equipment. Sales grew in the years after the take over, reaching close to $75 million by 1978. Esselte had positioned itself as one of the world's leading companies in office equipment, and it was willing to pay a high price for Oxford Pendaflex in order to gain access to the American and Canadian market. Esselte was a much larger firm than Oxford Pendaflex, with 1975 sales of approximately $350 million, compared to an estimated $60 million for the American firm. The two companies announced an agreement in March 1976, and Oxford Pendaflex became part of the Swedish company's Esselte Business Systems group. Oxford Pendaflex shares had been trading on the New York Stock Exchange for between $13 and $14 a share, and Esselte offered $23 a share to take over the American company. The company's comprehensive North American marketing organization was an attractive asset, and, in 1976, the Swedish office supply firm Esselte AB made a lucrative offer for Oxford Pendaflex. By 1976, the company had subsidiaries in Mexico, Costa Rica, and Venezuela, employed a work force of 1,200, and had a marketing organization supplying approximately 5,500 dealers and 60 wholesalers across the United States and Canada. Business continued to grow, and, during the early 1970s, Oxford Pendaflex expanded its New Jersey, Missouri, Georgia, and California facilities. 1972, Pendaflex introduced the color-coded system of filing. Oxford Filing Supply Company changed its name in 1969 to reflect its leading brand, and the company became the Oxford Pendaflex Corporation. Also during this time, the company opened new facilities in Augusta, Georgia, and in East Rutherford, New Jersey, while establishing an equipment division in Long Island, which later moved to larger quarters in Moonachie, New Jersey. Louis and Los Angeles plants were expanded several times in the 1960s. The company built a West Coast manufacturing facility in 1953 in Los Angeles, and the St. Its main plant moved in 1948 from Brooklyn to Garden City, New York. Oxford Filing Supply gradually expanded its operations beyond the New York City area, establishing a Midwestern base in the 1930s, with a factory in St. The company called its Pendaflex hanging file the greatest development in filing since the evolution of the filing folder. Smaller files placed inside the hanging file allowed the drawer to be easily subdivided. This was the now familiar filing pouch that hooked over the sides of a file drawer. The company's most significant advance, however, was the Oxford Pendaflex hanging file folder. In 1939, the company began making expanding envelopes and introduced the convenience of file folder labels in rolls, as well as corrugated board transfer files in a drawer style. The firm continued to specialize in filing supplies, introducing many new items which contributed to the growth of the filing industry. The success of the Oxford brand led the company to change its name in 1921 to the Oxford Filing Supply Company. In 1918, the Record Card Company first registered Oxford as a brand name. The company was renamed Record Card Company in 1909, as a reflection of their new manufacturing endeavor. The product line was at first limited to index cards and guides, and gradually expanded, with sales covering a larger territory. Jonas and Brother first venture into manufacturing their own items. Jonas and Brother, first operated in the niche field of paper ruling, where they provided the service of ruling lines on paper for customers.Īfter the turn of the century, businesses started to utilize filing systems with index cards and file folders. The company was founded in Manhattan in 1882 by brothers Charles S. Pendaflex is a wholly owned subsidiary of TOPS ProductsĬompany history 1882–1909: the early years Pendaflex is a maker of office filing products headquartered in Melville, NY, USA.
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