Girish Mahajan (Editor)

Velcro

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Industry
  
Manufacturing

Website
  
www.velcro.com

Founded
  
1941

Number of employees
  
2,500

Area served
  
Worldwide

Headquarters
  
United Kingdom

Type of business
  
Privately held company


Key people
  
Fraser Cameron (President and CEO)Scott Filion (President, Velcro Americas)Klaas Jan Stol (President, Velcro EMEA)Andrew Ellis (President, Velcro APAC)

Products
  
Hook and loop fasteners

CEO
  
Fraser Cameron (1 Dec 2014–)

Profiles

Necn ceo corner velcro companies ceo and president fraser cameron tv interview


Velcro Companies is a privately held company that produces a series of mechanical based fastening products, including fabric hook and loop fasteners, under the brand name "Velcro".

Contents


History

Swiss electrical engineer George de Mestral invented his first touch fastener when, in 1941, he went for a walk in the woods and wondered if the burrs that clung to his trousers — and dog — could be turned into something useful. He patented it in 1955 and subsequently refined and developed its practical manufacture until its commercial introduction in the late 1950s.

The fastener consisted of two components: a lineal fabric strip with tiny hooks that could "mate" with another fabric strip with smaller loops, attaching temporarily, until pulled apart. Initially made of cotton, which proved impractical, the fastener was eventually constructed with nylon and polyester.

De Mestral gave the name Velcro, a portmanteau of the French words velours ("velvet"), and crochet ("hook"), to his invention as well as his company, which continues to manufacture and market the fastening system.

Humphrey Cripps began investing in Velcro in the 1960s. In 2009, the company was taken private by a private equity firm linked to the Cripps family.

Products

Velcro makes fastening products for a wide array of industries, including consumer packaged goods, transportation, personal care, military, packaging, construction, apparel, and agriculture.

Products of Velcro Companies include:

  • General Purpose adhesive backed fasteners
  • Ties and Straps
  • Heavy Duty Fasteners
  • Fabric Tapes and Fasteners
  • Traditional Hook-and-Loop fasteners
  • Woven, knit and molded products
  • Kid’s Construction Sets
  • Causes

    The Neeson Cripps Academy, a high performance school for the Cambodian Children’s Fund (CCF) in Phnom Penh was funded by Velcro Companies. New York City-based COOKFOX Architects designed the eco-efficient building, which is scheduled for completion in 2017.

    In 2015, Velcro Companies and Velcro Brand Ambassador and design expert Sabrina Soto launched an annual Classroom Makeover contest that takes place during Teacher Appreciation Week. The first winner from Joplin, Missouri received two redesigned classrooms.

  • 1968 - Velcro fasteners are used on the suits, sample collection bags, and lunar vehicles brought to the moon by Neil Armstrong and Buzz Aldrin.
  • 1984 - David Letterman wears a suit made of Velcro fasteners and jumps from a trampoline into a wall covered in the product during an interview with the company’s USA director of industrial sales.
  • 2016 - As an April Fool's Day joke Lexus introduces “Variable Load Coupling Rear Orientation (V-LCRO)” seats, technology that attaches the driver to the seat with Velcro adhesive to allow for more aggressive turns.
  • References

    Velcro Wikipedia


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