Reed Manufacturing Company has been producing fine tools for worldwide professional trades since its founding, in 1896, by Carl Reed. Purchased in 1902 by Reuben Wright, the company continues to be operated by his descendants: fifth generation members of the Wright family. In 2003, Mark Wright and Scott Wright were promoted to Co-CEOs by Reed's outside Board of Directors. The Board of Directors promoted Mark and Scott to President, Manufacturing & Product Development and President, Sales & Finance, respectively, in 2002. Mark graduated from Yale University and Scott from Haverford College. Both Mark and Scott have been working at Reed in several roles for twenty years. Mark and Scott uphold the family traditions of product innovation, highest quality pipe tools, great customer service, a cutting edge factory, and extra value to customers. The secret of Reed's continuing, increasing success can be attributed to its corporate culture of excellence and the quality of its company Associates, who are individually committed to exceptional performance and service. With participative management and profit sharing for all, Reed people, products, and service will get even better in the future. Although over a century old, Reed is very progressive and will continue to improve its customer offerings throughout each of its next 110 years.