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Company Folders was founded in 2003 by a Ukrainian-born immigrant, Vladimir Gendelman. [8] [10] [11] He founded it based on an observation of a limited availability of customizable presentation folders online. [6] Prior to starting Company Folders, Gendelman owned a computer repair shop.
The company also began producing the Oxford Pendaflex hanging file folder, a filing pouch that hooked over the sides of a file drawer. Smaller files placed inside the hanging file allowed the drawer to be easily subdivided. The company called its Pendaflex hanging file "the greatest development in filing since the evolution of the filing folder ...
A shelf file is a cabinet designed to accommodate folders with tabs on the side rather than on the top. The cabinet has no drawers, only shelves. Some shelf files come with doors that recede into the cabinet. These cabinets are typically 12 inches (300 mm) or 18 inches (460 mm) deep, for letter or legal size folders respectively.
The global office supplies market, valued at USD 151.46 billion in 2022, is projected to witness a 2.1% compound annual growth rate (CAGR) from 2023 to 2030. [3] The industry's expansion is attributed to the flourishing global services sector and increased product consumption in education.
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A file folder (or simply folder) is a kind of folder that holds papers together for organization and protection. [1] File folders usually consist of a sheet of heavy paper stock or other thin, but stiff, material which is folded in half, and are used to keep paper documents .