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Leatherman sold nearly 30,000 tools in 1984, fueling additional product development, and rapid growth both in the company and manufacturing capacity. [5] By the end of 2001, the company had sales of $100 million annually and had sold more than 20 million tools. [6] Folding knives were introduced into the Leatherman product line in 2005.
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Leatherman graduated from Oregon State University in 1970 with a bachelor's degree in mechanical engineering. [1] According to an article in The Oregonian, "Leatherman came up with the idea of a 'Boy Scout knife with pliers' during a 1975 driving tour of Europe with his wife, when he was unable to use his pocket knife to fix his repeatedly malfunctioning car."
Leatherman Pocket Survival Tool. In 1983 Tim Leatherman sold his first "Pocket Survival Tool", [3] larger and more robust than a pocket-knife-based tool, and incorporating a set of needle-nosed pliers in a butterfly knife-style mechanism. Too large for most pockets, it came with a belt pouch.
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