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Theodore Rueb went on to develop further improvements to his original design, and S-K used the new mechanism for a very successful line of ratchets, scaled from 1/4-drive up to 3/4-drive.
The "round-head" ratchet has remained one of the most popular ratchet styles in the seven decades since S-K's first development, and many modern ratchets are little changed from the earliest design.
The company filed a trademark application for the S-K diamond logo in 1933, with December of 1932 listed as the first use date, so we can assume that as the starting date for the tools division.
The S-K Diamond logo was frequently affixed to socket sets as a decal or metal plate, and an example can be seen on the S-K No. There's an interesting story behind the formation of S-K Tools, as related on the Berland's Tools web site.
In any event, S-K Tools quickly developed a solid reputation for quality tools, and by the early 1940s had a significant share of the market for sockets.
(As a side note, Hinsdale did recover and resumed operations; see our article Hinsdale in Hindsight for more information.) As part of the development of their line of tools, S-K had their engineer Theodore Rueb work on designs for new ratchet mechanisms.
When Hinsdale closed during the depression, it left S-K with a large inventory of unsold goods, and S-K Tools was formed to handle this inventory.In the late 1960s Symington-Wayne was purchased by Dresser Industries, a large conglomerate, and S-K Tools became a division of Dresser.As a side note, Dresser Industries had previously purchased the Kraeuter Company, a well known maker of pliers and other tools.The filing listed the first use as December of 1932, and the trademark was issued as #318,718 on October 30, 1934.For some reason, this trademark is not in the USPTO TESS database and so was not found until recently.