• Company
Profile On
January 17, 1881 The Hartford Courant announced
the formation of The Capewell Horse Nail Company.
Soon after the formation of the company, farriers
realized that the Capewell horse nail was in
a class by itself becoming the leading brand
for horse nails in America. At the turn of the
century the safety bicycle with chains and rubber
tires and the rapidly developing gasoline driven
horseless carriage gained wide acceptance. Some
nail producers ceased operations at the time
which added an increase in volume sales for
Capewell.
Throughout the years, Capewell has managed to
survive difficult times thanks to its philosophy
of service excellence and high quality. For
the last century, Capewell has been the preferred
brand for nails in North America. We have and
will continue to improve the quality of our
products and the service to our customers. In
our third century of existence, we will strive
to improve every day. We will work diligently
to remain the leading brand in horse shoe nails.
• Capewell Nails Receive Wide Acclaim
In 1904, the
widespread use and great satisfaction with Capewell
nails was reported. Commendations included the
following: From King Edward’s Stables,
“the most satisfactory nail made”.
From the Moscow Trotting Club, of which the
Czar was President, “ the best trotters
and runners in Russia are always shod with Capewell
nails”. From the King’s County Foxhounds,
Ireland, “in this trying terrain the steel
was often left behind but since using Capewell
nails the steel always comes home.“ From
the Koyo Veterinary Hospital, Nirasak, Japan,
“Capewell nails are the best”.
• Transition and
Diversification
The first real
move to counteract the fall-off in nail sales
came in 1939 when the company entered the metal
cutting saw business, and immediately thereafter
the forging business. Production started on
hand and power hacksaws.
With the outbreak of World War II, the drop
forge equipment was used in the production of
parachute fittings, a product whose importance
was rapidly increasing. Next to the Nail Machine,
development of the parachute Canopy Release
was probably the most important accomplishment
in the company’s history.
Capewell soon became the largest developer and
producer of these items in the country. Meanwhile,
with the German occupation of northern Europe,
and with an effective blockade, Capewell became
practically the sole supplier of horse nails
for the free world. Consequently the Nail Division
worked around the clock. In spite of this, nail
orders, including those shipped under lend-lease
to countries such as North Africa, Belgium,
Holland and France fell about a year behind.
With the end of the war, Capewell also produced
an excellent line of claw and ball pien hammers,
including on its list of customers one of the
country’s largest chains.
In 1970, the Board of Directors of Capewell
and Standard Screw Company (formerly Hartford
Machine Screw Company) agreed to a proposal
under which Standard Screw Company would purchase
the outstanding shares of Capewell, and Capewell
would operate as a subsidiary of Standard Screw.
In 1972 the corporate name was changed to Stanadyne,
Inc., and at that time Capewell became a division.
In January 1981, Capewell was purchased from
Stanadyne, Inc. by the George D. O’Neill
family of New York.
Mr. O’Neill, a private investor with many
years experience as a business executive and
corporate director, became Capewell’s
board chairman.
• Mustad Acquires Capewell
In 1985 Mustad
International Group acquired the nails operation
of Capewell and founded Capewell Horsenails
Inc. Since 1985 Capewell has been investing
heavily in improving the quality of its nails
and the service to its customers. Today, Capewell
is the preferred brand of nails in the marketplace.
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