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Albert J. Dremel was the inventive genius who founded the Dremel Company back in 1932. The company was, and still is located in Racine,Wisconsin. Albert J. Dremel held a wide range of patents, 55 in all. They included everything from electric erasers to the first design of the now standard gasoline powered walk-behind rotary lawn mower. He formed the Dremel Company in 1932 with an electric razor blade sharpener as his first product. Before the advent of disposable razors, this little device was a real money saver. He quickly brought razor blade manufacturers to their knees. Then, the razor makers cut blade prices in half and quickly brought Albert to his knees. Not one to give up easily, Albert then came up with perhaps his greatest invention ever. A high-speed rotary tool dubbed the Dremel Moto-Tool . Compact, lightweight and incredibly versatile, it was an instant success with hobby and craft people. Other inventions of Mr. Dremel include the electric shoe polisher, an electric screwdriver, a whole line of power sanders and hand-held scroll saws, an electric fish scaler and more. A few of these inventions have survived the test of time. You 'll still see our shoe polishers around everywhere. However, now fishermen have to clean their catch the old-fashioned way. Today there are more than 17 million rotary tools currently in use, with that number growing daily. Dremel is the leader in rotary tools. With numerous attachments and more than 150 available accessories, it truly is one of the most versatile tools any homeowner can own.