In a deal expected to close this week, New York-based Servotronics is selling Ontario Knife for $2.1 million to Virginia’s Blue Ridge Knives. Along with this sale, the knife manufacturer will cease operations in Upstate New York, where it has manufactured since 1889.
Parent company Servotronics has owned Ontario Knife since 1967, but makes the majority of its income from motion control equipment.
The company is well known for its government contract knives like the M9 bayonet. A visit to the Ontario Knife Company website informs the reader:
Thank you for visiting our website. We are currently in a transition and not accepting orders.
The factory in Elma, New York may remain open as Servotronics works to keep the 36 employees and determine what they can use the factory for.
No word yet on what plans the new owners have for the future of Ontario Knife.