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History of VESSEL

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 VESSEL was founded in 1916 as Japan’s first volume manufacturer of screwdrivers. With most ironworks at the time producing agricultural implements such as spades and hoes, the young company put in place a mass production system specialized for the manufacture of screwdrivers for industrial applications and began supplying its products to the market.

Founding

Japan’s first domestically produced screwdriver and the VESSEL brand

Screwdrivers were typically included with industrial machinery such as spinning machines. VESSEL set out to create an originally designed, domestically produced screwdriver to compete with these overseas products. In 1933, the company began emblazoning its products with the brand “VESSEL,” meaning a large ship in English, as a signifier of their superior quality.

Growth

Streamlining operations at assembly plants with pneumatic screwdrivers and bits

The Japanese economy embarked on a period of rapid growth starting in the 1950s. VESSEL began production of bits for pneumatic tools on a significant scale in 1954 based on expectations of dramatic growth in demand for pneumatic drivers and bits. Four years later, the company launched its first impact driver, helping to streamline operations at assembly worksites nationwide.
 

VESSEL as a supplier of every type of screwdriver

VESSEL established the three pillars of its business: screwdrivers; bits; and pneumatic tools, including the air impact wrenches it began producing in 1967. During this period, the company successfully staked out a position as a leading manufacturer of fastening tools.

Reorganization

Embracing the challenge of expanding into a broad range of industrial fields

VESSEL reacted to the first oil shock in 1973 by moving beyond a screwdriver-centric management philosophy and accelerating efforts to develop products in new fields so that its fortunes would not be affected by the vagaries of the global economy. The company launched products such as air nippers and microgrinders and developed QSYSTEM, a “take-a-number” line management system for facilities such as banks and hospitals.

VESSEL Mark of Quality

 

A single screwdriver may be used to tighten thousands or tens of thousands of screws. Our uncompromising approach to manufacturing and craftsmanship and our stubborn commitment to quality underpin a philosophy that lives on in each and every tool we make. Today, this philosophy is being carried on in completely new fields by products such as anti-theft and static electricity elimination equipment.

  Timeline    
  1916   Ginosuke Taguchi founds Taguchi Tekkosho.
  1933   Taguchi registers the VESSEL trademark.
  1948   Nihon Nejimawashi Co., Ltd., is established (present-day VESSEL Industrial Co., Inc.).
  1950   Nihon Nejimawashi Co., Ltd., begins manufacturing Phillips head screwdrivers.
  1962   VESSEL Kogu Co., Ltd., is established (present-day VESSEL Co., INC.).
      Teruo Taguchi assumes the position of president and CEO.
  1965   Tokyo Office (present-day Tokyo Branch) opens.
  1966   Nagoya Office opens.
  1968   Fukuoka Satellite Office (present-day Fukuoka Office) opens.
      Sapporo Satellite Office opens.
  1969   Kyodo Kosan Co., Ltd. founded (present-day Vessel Distribution Center Co., Ltd.).
  1970   Hiroshima Satellite Office opens.
  1972   Sendai Satellite Office opens.
  1974   Company name changed to Vessel Co., Inc.
  1980   “GREEN” Home Center Fukuchiyama opens.
  1982   “GREEN” Home Center Hashimoto opens.
      Vessel marks the 20th anniversary of its founding.
  1987   Vessel enters into a sales alliance with Sweden’s Q-Matic.
  1992   Vessel marks the 30th anniversary of its founding.
  1996   Junichi Taguchi assumes the position of president and CEO.
  2005   France Liaison Office opens.
  2009   New office building for the Q-system department was complete.
  2010   Distribution center buildings and facilities were extended.
  2010   VESSEL EUROPE SARL is established.