|
Paone Woodworking Company History |
|
After being in the business of fine architectural woodwork for more than forty years, Paone Woodworking has developed a rich history, which includes introduction of a unique company logo, partnerships with various esteemed companies across a wide range of industries, and the incorporation of adept businessmen leading the company to success. |
|
|
| Timeline of Paone Woodworking Company History | |
| May 1967 | Thomas and Joseph Paone, Jr. with the aide of Joseph Paone, Sr. establish Paone Woodworking Corporation at Germantown Ave. and Wister St., Philadelphia |
| 1968 | Disaster strikes as devastating fire destroys building. Surviving items included an ax head and two ball weights. These become the company logo. |
| 1969 | Building at 2030 E. Willard St., Philadelphia, is purchased and becomes the new home for Paone. |
| 1969 | Paone secures first store fixture contract for prominent Philadelphia area convenience store chain. |
| 1976 | Paone begins production level manufacturing for international amusement game company requiring purchase of computer controlled wood cutting and boring machinery. SCMI panel saws and overhead router purchased. |
| 1977 | Tenth Anniversary |
| 1979 | Paone expands with purchase of second building. |
| 1982 | Cabinet and assembly shop created in new building. Existing space converted to offices and drafting rooms. |
| 1984 | Paone moves to European 32mm system. Holier edge banding machine, SCMI and Gannomat boring machines, SCMI planer and sander purchased. |
| 1986 | Paone begins manufacturing custom woodwork for many Atlantic City casinos. |
| 1991 | Purchase of new SCMI panel saw and Morbidelli boring machine. Implementation of CAD for drafting and design. Computerization of accounting and inventory. |
| 1992 | Twenty Fifth Anniversary |
| 1993 | Purchase of Morbidelli U-550 |
| 1994 | Purchase of second Morbidelli U-550 |
| 1997 | Purchase of Morbidelli 504 Rapid 7 machining center |
| 1998 | Purchase of two Giben panel saws |
| 2000 | Purchase of Braddock Street facility |
| 2000 | Purchase of Routech |
| 2001 | Third generation assumes management of Paone |
| 2002 | Thirty Fifth Anniversary |
| 2004 | Purchase of new Giben panel saw |
| 2007 | Fortieth Anniversary |
