History
Early in the 1940s Patrick J. Frawley acquired his first company, a ballpoint pen parts manufacturer that defaulted on its loan. In 1949, The Frawley Pen Company developed a revolutionary new ink, which dried instantly. The pen that delivered this ink was called "The Paper Mate".
In 1955 the Frawley Pen Company was acquired by Gillette for $15.5 million. In late 2000, Gillette's stationery products division was purchased by Newell Rubbermaid.
Read more about this topic: Paper Mate
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