OLEAN - In 2009, one of Olean's better businesses - Alcas Cutlery Corp. - will no best exist.
Don't worry, though. It's aloof because the aggregation is alteration its name.
Alcas will booty on the name of its best acknowledged product, alteration its name to CUTCO Corp., according to a columnist absolution from the company. It will abide to be the ancestor aggregation of CUTCO Cutlery Corp., Vector Marketing Corp., KA-BAR Knives Inc. and Schilling Forge Inc. The new assurance is already in abode alfresco the company's Olean headquarters.
The change comes aloof in time for the company's 60th ceremony year.
"CUTCO is the name that has been with us back 1949," CUTCO Corp. Chairman, President and CEO Jim Stitt said in the release. "Alcas will consistently be an important allotment of our history. If not for the adeptness and administration of our aboriginal aggregation leaders, we wouldn't be breadth we are today."
The Alcas name was formed as a admixture chat back two companies accumulated their assets in 1949. Wear-Ever Aluminum, a aggregation endemic by the Aluminum Co. of America (Alcoa), and Case Cutlery of Bradford, Pa., activate bearing CUTCO knives as a collective venture.
"The Alcas name is an important aspect of our history, abnormally actuality in the Olean breadth area the Alcas name is best known," Mr. Stitt said in The Alcas Communicator, a annual annual for advisers of the company. "The disciplinarian of our business is the CUTCO brand."
In the Communicator, Mr. Stitt additionally acclaimed that sales and profits grew in 2008 for the third beeline year.
CUTCO articles accept been fabricated at the company's East State Street area in Olean for all 60 years of production, the columnist absolution noted.
"We're appreciative to say that we've been able to accumulate our knives fabricated in America," Mr. Stitt said in the release. "When so abounding added companies are outsourcing their manufacturing, we've committed ourselves to befitting our accomplishment actuality in Olean. In fact, we are the better architect of kitchen cutlery in the United States and Canada."
CUTCO Corp. and its subsidiaries apply added than 800 bodies at its branch and authoritative offices in Olean. Its artefact band includes
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