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Timothy S. Leatherman, a 1970 mechanical engineering graduate of Oregon State University, and his business partner, Steve Berliner, formed Leatherman Tool Group in 1983 to sell Leatherman’s first patented multi-tool prototype, called "Mr. Crunch" while in development.
Leatherman was inspired to design a "Boy Scout knife with pliers" while he and his wife traveled Europe and the Middle East in 1975, often attempting to use a simple pocketknife to repair their repeatedly malfunctioning car and leaky hotel plumbing.[2][3] He spent several years perfecting the "Mr. Crunch" prototype and received his first U.S. patent (4,238,862) in 1980.[4] After additional refinement, Leatherman’s first product was introduced in 1983 as the Pocket Survival Tool (PST) and initially sold through Early Winters and Cabela’s mail-order catalogs.[3]
Leatherman sold nearly 30,000 tools in 1984, fueling additional product development and rapid company growth. In 1992 the company built a 30,000 square foot (2,800 m2) manufacturing facility in Portland, Oregon, expanding to 60,000 square feet (5,600 m2) in 1994 and to 90,000 square feet (8,400 m2) in 1996.[5] Today, all Leatherman manufacturing operations are located in Portland. In 2007 the company opened its first retail store, located at its manufacturing facility.[3] The same year, Tim Leatherman was inducted into the Blade magazine Cutlery Hall of Fame in recognition of his design impact on the cutlery history.[6]
Folding knives were introduced into the Leatherman product line in 2005; hunting knives and gardening pruner tools debuted in 2006; and LED lights were added in 2008. The company also manufactures a line of multi-tools designed specifically for military and law enforcement personnel, as well as accessories for carrying and maintaining its tools.
As of February 2011, Leatherman produced 46 products sold in 82 countries, with U.S. market share estimated at 55 percent.[1]

(http://en.wikipedia.org/wiki/Leatherman) www.leatherman.com