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spring, he’d travel from town to town ville.

“We went to things like the Paris


selling them. When the wagon was “Channellock was a good culture to Air Show, and lo and behold, we got
empty, he’d sell the wagon and take be able to grow up in and be inspired international customers,” he said. “We
a train back to Evansburg to start the by,” Will said. “I came from another job would oversell ourselves and have to
process again. because I wanted to get experience expand — over and over again.”
In 1933, the Channellock Cham- somewhere else, but I always want to In the mid-1990s, Acutec built a new
pion tongue and groove pliers were come back. People here put in their plant outside of Saegertown to keep
developed with patent and trademark best work every day — such an empha- up with business.
protection granted in 1935. sis on quality and attention to detail.” Today, Saegertown has 80,000
Today, Channellock manufacturers square feet. It does turning, or ma-
more than 75 different sizes and types ACUTEC chining, of large parts as well as new
of pliers and other tools. Acutec Precision Aerospace Inc.’s product introduction.
It keeps quality at the forefront by growth from a 17-employee basic In 2007, Acutec added space at
never straying from four founding prin- machine shop to a leading aerospace Crawford Business Park outside of
ciples of George DeArment: supplier with more than 400 employees Meadville. Multiple expansion there
• Good management is never is due to one thing — change. have led 280,000 square feet of
far from the factory floor. “You can’t count on anything being manufacturing space for smaller parts,
• People are more important the same,” said Rob Smith, Acutec’s assembly and where raw material is
than machines. executive chairman. processed.
• Bigger doesn’t always mean better. “There’s always a risk a customer will Acutec has 420 employees at
• Dedication to excellence is the change,” said Elisabeth Smith, Acutec’s three sites — 390 in Meadville and
surest way to surmount adversity president, chief executive officer and Saegertown, plus 30 workers at a
and prosper. majority owner since 2014. 40,000-square-foot plant in St. Ste-
“It’s consistent product quality, de- “One customer we have is buy- phen, South Carolina.
livering value to customers and taking ing another customer, things always About 40 percent of its business is
care of your employees,” Jon said. change,” said Elisabeth, who is Smith’s commercial aerospace with 60 percent
“It’s making sure you do all the right oldest daughter. national defense and as well as power
things.” A 1973 graduate of Allegheny generation.
DeArment gives credit to Channel- College, Rob Smith was in national and A 2004 economics and mathematics
lock’s 360 employees. international sales and marketing in graduate of Haverford College, Elisa-
“They have high regard for attention the tire industry when he returned to beth then worked as an aerospace and
to detail and (get) the satisfaction mak- Meadville in 1988 to cofound Acutec. defense industry analyst in Washington,
ing a product people use every day,” Acutec faced foreclosure in 1994 D.C., for three years before earning a
Jon said. when the elder Smith bought the shop, master’s degree in business adminis-
The pandemic ended up being a determined to put it on a path for tration in 2009 from the University of
boost for Channellock as hand tools growth. Michigan.
and hardware were essential industries. In the 1990s, LORD Corp. (now Joining United Technologies Corp.’s
The demand jumped as people were Parker LORD) aerospace division was aerospace divisions, she worked two
home, adapting to life in a pandemic, the biggest customer, but Smith didn’t years as a manager on the Blackhawk
said Ryan DeArment, Jon’s brother and want to be heavily dependent on one UH-60M Medevac helicopter final
the vice president of sales and market- entity. assembly line before returning to
ing. “We said ‘Well then, we’re an aero- Meadville and Acutec in 2013.
“People were redoing kitchens and space company,’” Rob Smith said. “It’s Elisabeth said there are two key
bathrooms. Home offices had to be what you do — you declare it and we things she’s learned from her father.
built. Kids needed an area to study went after aerospace companies.” “Empower your people to be the
because they were home,” Ryan said.
“Plus millennials now are buying homes
and redoing them.”
Though well into its second century,
Channellock sees ways to grow.
Since 2009, Channellock has worked
with Do It Best Corp., a hardware retail-
ing cooperative, licensing the Chan-
nellock name on very select quality
hardware items like wet-dry vacuums
and tool boxes.
“They’ve been a good custodian of
the (Channellock) brand,” Ryan said.
“All of Channellock’s changes have a
single goal — keep the company com-
petitive in a mature market for hand
tools,” Jon said.
The DeArment brothers are confi-
dent Channellock will remain compet-
itive as the family’s sixth generation is
coming onboard.
Will DeArment, Jon’s son, has been
materials coordinator at the firm since SHANNON ROAE/MEADVILLE TRIBUNE
the fall of 2021. Getting a 2018 bach-
elor’s degree in supply chain manage- Acutec Precision Aerospace Inc. has grown from a 17-employee basic machine
ment from Duquesne University, Will shop to a leading aerospace supplier with more than 400 employees. Pictured are
got logistical experience with two other Executive Chairman Rob Smith and President, Chief Executive Officer and majority
companies before returning to Mead- owner Elisabeth Smith.

10 FOUNDATIONS 2022/2023 Celebration

2022 Foundations 56 pages.indd 10 6/9/22 4:31 PM

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