Pitney Bowes marks 100 years in business
April 24, 2020: The global technology company that provides commerce solutions in the areas of e-commerce, shipping, mailing and financial services, Pitney Bowes marked 100 years in business.
The 100th anniversary is a milestone for a company that began in 1920, when Arthur Pitney, the inventor, and Walter Bowes, the promoter, first met and put their ideas together.
April 24, 2020: The global technology company that provides commerce solutions in the areas of e-commerce, shipping, mailing and financial services, Pitney Bowes marked 100 years in business.
The 100th anniversary is a remarkable milestone for a company that began in 1920, when Arthur Pitney, the inventor, and Walter Bowes, the promoter, first met and put their ideas together to invent the first postage meter -- the award-winning Model M, creating the “metered mail” market and a new industry with it.
As a long-standing member of the business community in Stamford, CT, the State of Connecticut, and numerous countries around the world, Pitney Bowes has been a positive force for change across its local communities. This commitment is part of the Company’s core value of “doing the right thing the right way,” and is embraced and supported by the company’s employees across the globe with a philanthropic focus on literacy, education and health.
Pitney Bowes proudly recognizes 100 years of innovation in commerce. Explore our history and how we continue to do the right thing, the right way today. https://t.co/T2Rc3qfwWT #PitneyBowes100 pic.twitter.com/I4ETMqp6ww
— Pitney Bowes (@PitneyBowes) April 23, 2020
Due to the Covid-19 pandemic, Pitney Bowes has postponed several events initially planned to celebrate this milestone to September 1, 2020, the day the Postal Service formally approved the Pitney Bowes postage meter for use in the United States.
“Throughout our 100 years, we have supported millions of clients around the world, contributed significantly to our communities where we live and work, and invented industries and business models that have endured and evolved for decades,” said Marc B. Lautenbach, president and CEO, Pitney Bowes. “Today, we are leveraging our core mailing and related financial services capabilities to provide shipping and strategic capital to help our clients grow their business.”
“You don’t reach 100 years in business without facing challenges, disruption and uncertainty at one time or another,” added Lautenbach. “Throughout our long and storied history, we have confronted difficult times, including the Great Depression, World War II, the Great Recession of 2008, and each time we have come out stronger. The pandemic has disrupted every sense of normalcy around the world, impacting the lives of many. Our primary concern remains to protect the welfare and safety of our employees, especially our ‘essential critical infrastructure workers’ who serve our clients every day. Through this global crisis, our teams continue to carry great pride in the work they do to power commerce and secure the foundation we’ve built for our second century.”
