Arthur Pitney founded Pitney Postal Machine Company in 1902, which manufactured his patented double-locking hand-cranked postage-stamping machine.
In 1908 Walter Bowes began providing stamp canceling machines to the U.S. Postal Service through his company Pitney Postal Machine Company.
The two companies merged in 1920 to form Pitney Bowes Postage Meter Company.
In 1922 and 1923 the U.S. Postal Service collected $4,359,070 in postage from the first commercial installations of 400 meters.
Today Pitney Bowes is the world’s largest producer of postage meters. The company also offers shipping and weighing systems, online postal services, and financing for office equipment purchases.
Pitney Bowes trades publicly on the New York Stock Exchange under the ticker symbol PBI, is a member of the S&P 500, is #540 in the Fortune 1000, has 16,100 employees, and had $3.91 billion in revenue in 2013.
Pitney Bowes
Arthur Pitney founded Pitney Postal Machine Company in 1902, which manufactured his patented double-locking hand-cranked postage-stamping machine.
In 1908 Walter Bowes began providing stamp canceling machines to the U.S. Postal Service through his company Pitney Postal Machine Company.
The two companies merged in 1920 to form Pitney Bowes Postage Meter Company.
History
In 1922 and 1923 the U.S. Postal Service collected $4,359,070 in postage from the first commercial installations of 400 meters.
Today Pitney Bowes is the world’s largest producer of postage meters. The company also offers shipping and weighing systems, online postal services, and financing for office equipment purchases.
Pitney Bowes trades publicly on the New York Stock Exchange under the ticker symbol PBI, is a member of the S&P 500, is #540 in the Fortune 1000, has 16,100 employees, and had $3.91 billion in revenue in 2013.
