Three Generations of Experience
Eric Peterson and Bill Hagman formed Hagman and Peterson, a company specializing in the servicing of paper cutters. Working out of their small NYC location, the six-person operation began servicing and rebuilding Harris-Seybold paper cutters.
The company reincorporated under the name Peterson & Sons Inc.
Roy Colter Paper Cutter Service Inc. merged with Peterson and Sons Inc., forming Colter & Peterson Inc.
Since their debut, Prism and Saber paper cutters have remained among the top performers in the marketplace. Both models have proven track records of performance and reliability.
Colter & Peterson started reconditioning three-knife trimmers and various models of paper cutters at their 46,000 square foot facility located in Des Moines, Iowa.
In March 2002, Colter & Peterson purchased the remaining assets of the Harris-Seybold paper cutter business.
Colter & Peterson took over manufacturing of the full line of Microcut® computer retrofits in Petaluma, California.
In July 2003, Colter & Peterson purchased the remaining assets of the Dexter Lawson paper cutter business.
In January 2004, Colter & Peterson purchased Pacific Paper Cutters, Inc. of Vernon, CA. With this acquisition, Colter & Peterson expanded its support structure to cover Southern California and the entire Southwest USA.
Schneider Engineering purchased the assets of Knorr Systems, which Colter & Peterson had also represented. This allowed Colter & Peterson to offer a full line of peripheral paper handling equipment.
The size range of new machines now offered by Colter & Peterson extends from 27” to 141”.
Precision Sheeter introduced to the US market. This versatile sheeter is available in 57” and 67” models.
Microcut shipped its 15,000th system.Colter & Peterson also installed its 10,000th paper cutter (new, used or rebuilt). Patents are issued to Colter & Peterson for the unique technology incorporated into its SABER paper cutters.
Colter & Peterson moved to its new 26,000 square foot corporate headquarters in West Caldwell, New Jersey.
