When was Cornwell Quality Tools Company incorporated?
Cornwell_Quality_Tools Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this Disclosure Document, "Cornwell" means Cornwell Quality Tools Company, an Ohio corporation that was incorporated in 1919.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to Cornwell Quality Tools's 2025 Franchise Disclosure Document, the company was incorporated in 1919. Specifically, Cornwell Quality Tools Company is an Ohio corporation. This indicates that the company has been operating as a corporate entity for over a century.
For a prospective franchisee, this long history as a corporation suggests stability and experience in the tool manufacturing and distribution industry. It implies that Cornwell Quality Tools has a well-established legal and organizational structure. This can be reassuring for franchisees who are looking for a franchisor with a proven track record.
It is important to note that while the company was incorporated in 1919, the FDD also mentions that the original predecessor to Cornwell was formed in Cuyahoga Falls, Ohio, in 1919. This suggests that the company has evolved over time, but its roots trace back to the same year. The FDD also details changes in ownership, with the Moeller family currently holding a significant ownership interest.