Park Tool

Park Tool is owned by Park Tool Company, headquartered in the United States. Yes. The ultimate owner of Park Tool, Park Tool Company, is headquartered in the United States.

Park Tool Company is an American designer, manufacturer, and marketer of bicycle tools and equipment for both professional and home bicycle mechanics. It manufactures about 4000 products and is headquartered in Saint Paul, Minnesota. The company was founded in 1963 by Howard C. Hawkins and Art Engstrom, who were owners of Park Schwinn, a bicycle shop in the Hazel Park area of Saint Paul, Minnesota. They began creating their own tools due to the lack of suitable equipment for repairing increasingly complex bicycles of the 1960s. Their first product was a stand that held the bike off the ground, allowing convenient access to any part of the bike. This innovation led to the establishment of Park Tool Company, which has since become the world's largest bicycle tool manufacturer, offering over 500 products sold in over 70 countries. The company is known for its iconic blue color, which is a registered trademark. Park Tool continues to develop and refine bicycle repair tools and equipment to improve the service and efficiency of all bicycle mechanics, professional or hobbyist.