A. T. Cross Company
Encyclopedia
A. T. Cross is a traded (NASDAQ: ATX) American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 company that competes in the writing instrument, stationery and premium sunglass businesses.

Overview

Cross manufactures and distributes writing instruments, journals and sunglasses worldwide. Its writing instruments and journals are branded Cross while its premium sunglass brands are Costa and Native.

History

The company was founded in 1846 in Providence, Rhode Island
Providence, Rhode Island
Providence is the capital and most populous city of Rhode Island and was one of the first cities established in the United States. Located in Providence County, it is the third largest city in the New England region...

, and initially manufactured gold and silver casings for pencils, reflecting the Cross family's history as jewelers. The company was founded by Richard Cross who passed it on to his son Alonzo T. Cross. The company developed many innovative new writing instruments, including forerunners of the modern mechanical pencils, and the earliest stylographic pens. The company was sold to Walter R. Boss in 1916 and members of the Boss family remain on the board of directors. The company has been publicly owned since 1971.

Building on the rich tradition of its award-winning writing instruments and reputation for innovation and craftsmanship, A.T. Cross Company is a designer and marketer of branded personal and business accessories. A.T. Cross provides a range of distinctive products that appeal to a growing marketing of consumers seeking to enhance their image and facilitate their lifestyle. Cross writing instruments are now distributed in more than 140 foreign markets. The company has writing instrument marketing subsidiaries in the U.K., Spain, France, Germany, Holland, Japan, Hong Kong, Taiwan and Canada. A.T. Cross products, including award-winning quality writing instruments, timepieces, business accessories and Costa and Native Eyewear sunglasses, are distributed in retail and corporate gift channels worldwide. For more information, visit the A.T.Cross website at http://www.cross.com/ the Costa website at http://www.costadelmar.com/ and the Native Eyewear website at http://www.nativeyewear.com/.

Today, the A.T. Cross Company is a designer and marketer of branded personal accessories including writing instruments, reading glasses, personal and business accessories and sunglasses.

The Cross Accessory Division ("CAD") has been a manufacturer and marketer of fine quality writing instruments since 1846. Sold primarily under the Cross brand, ball-point, fountain and selectip rolling ball pens and mechancial pencils are offered in a variety of styles and finishes. Also, under the Cross brand, CAD offers a variety of personal and business accessories including journals, reading glasses, watches and desk sets. Cross branded products are sold to the consumer gift market through fine stores worldwide. Additionally, the products are sold to the business gift market via a network of companies specializing in recognition programs.

The Cross Optical Group ("COG") segment of the company consists of its wholly owned subsidiary Cross Optical Group, Inc. This business designs, manufactures and markets high-quality, high-performance polarized sunglasses under the brand names Costa and Native.

Founded in Florida in 1983, the Costa brand has developed a superior reputation for its advanced polarized lens technology and functional frame design. Costa's lenses are renowned for their clarity; their patented 580 lens technology is considered by many to be the best performing sunglass lens in the marketplace.

The other brand of sunglasses offered by the Cross Optical Group is Native. The Native product is specially built for active consumers who enjoy running, hiking, climbing, biking and activities performed on the mountain.

Like Costa, Native is sold in fine sporting goods, sunglass specialty and optical shops throughout the United States.

A.T. Cross is listed on the Nasdaq Stock Market LLC(R) under the symbol ATX.

Products

Cross is well known for its writing instrument lines, beginning with mechanical pencils and produced the first stylographic (a technological forerunner of the modern ball point pen) pens in 1879. The current product line includes fountain pen
Fountain pen
A fountain pen is a nib pen that, unlike its predecessor the dip pen, contains an internal reservoir of water-based liquid ink. The pen draws ink from the reservoir through a feed to the nib and deposits it on paper via a combination of gravity and capillary action...

s, ballpoint pen
Ballpoint pen
A ballpoint pen is a writing instrument with an internal ink reservoir and a sphere for a point. The internal chamber is filled with a viscous ink that is dispensed at its tip during use by the rolling action of a small sphere...

s, gel pens and mechanical pencil
Mechanical pencil
A mechanical pencil or a propelling pencil is a pencil with a replaceable and mechanically extendable solid pigment core called a lead . It is designed such that the lead can be extended as its point is worn away...

s . The first Cross fountain pens were likely produced in 1930, but not again until the 1980s.

Cross writing instruments are generally sold in the mid-range of the market, rather than the extreme luxury end. However, they became a "must-have" accessory for the rising professional during the 1970s and 1980s.

The company also manufactures a range of wristwatches, cufflinks, desk accessories and leather goods such as pen cases, key fobs, and portfolios, and other items often targeted at the gift market.

In late 1997 Cross and IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 teamed-up to introduce a digital writing pad, called the CrossPad
Crosspad
In 1997, the A. T. Cross Company and IBM co-marketed an electronic notepad called the CrossPad. The special pen contained a small radio transmitter which told the special pad where it was writing. To provide the user with feedback on where it was writing, the pen also contained ink and you wrote...

, which was discontinued in 2004.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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