![]() At the time it was the largest single job loss in the city caused by the North American Free Trade Agreement. In 1999 Acco closed Swingline's Long Island City plant, which it had occupied for fifty years, and moved production to Nogales, Mexico. įor decades, the Swingline sign on the Long Island City building, measuring 60 feet high and 50 feet wide, became a local landmark visible to travelers on highways and trains between Manhattan and Long Island. Swingline became a division of ACCO, under Fortune Brands, in 1987. At the time of the sale, Jack Linsky was president and chairman and his wife Belle Linsky was treasurer. It was then sold to American Brands for $210 million in 1970. In 1956 the company was renamed Swingline, and in 1968 introduced the Swingline 747, their most popular model yet. The design of this stapler, called the "Swingline" in 1935, eventually became the industry standard. Eight years later the company changed its name to Speed Products and created the first top-opening stapler, allowing easy refilling of a full strip of staples. At that time, it was known as the Parrot Speed Fastener Company and opened its first manufacturing facilities on Varick Street, and in Long Island City in 1931. Swingline was founded in 1925 in New York City by Jack Linsky. ![]()
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