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This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
They make graded artists’ pencils and two premium pencils, the Tennessee Red and the Harvest Pro. Custom pencils are still a large portion of Musgrave's business model, and they produce round and hexagonal pencils for their customers, as well as carpenter, golf, jumbo, and thinner bridge pencils. [10]
A clutch pencil (or leadholder) tends to use thicker leads (2.0–5.6 mm) and generally holds only one piece of lead at a time. A typical clutch pencil is activated by pressing the eraser cap on the top, to open the jaws inside the tip and allow the lead to freely drop through from the barrel (or back into it when retracting).
In 1979, Paper Mate introduced the Eraser Mate or Erasermate brand. [6] In the 1980s, Paper Mate invented the Replay 2000 pen, with erasable ink and a rubber at one end. In 2010, Paper Mate introduced "environmentally friendly" biodegradable pens, pencils and erasers. [7] In 2012, Paper Mate introduced the brand InkJoy. [8]
Cross is well known for its writing instrument lines, beginning with mechanical pencils, and it produced the first stylographic pens (a technological forerunner of the modern ballpoint pen) in 1879. The current product line includes fountain pens , ballpoint pens, gel pens, and mechanical pencils . [ 13 ]
The first products for sale were released in 1951, followed by pencils in 1960. [ 2 ] In 1963 Pentel launched the "Sign Pen", a fibre-type pen that was used by then President of the United States Lyndon B. Johnson , who bought a dozen of them to sign photographs, apart from being adopted as the official writing instrument of NASA and going into ...