Today, Channellock, Inc. is run by the fifth generation of the DeArment family. In 2014, Jonathan “Jon” S. DeArment was named as the President and Chief Operating Officer. Jon’s father, William S. DeArment, assumed the role of CEO and Board Chairman. Also leading the company's growth well into the 21st century is Ryan DeArment as Vice-President of Sales and Marketing. Joanie DeArment Sweeney, sister to Jon and Ryan, is also a part owner of the company and has recently retired after 22 years of management. The company is based out of two facilities, equaling a total of 230,000 square feet, in Meadville, PA. With more than 350 full-time associates, Channellock, Inc. is among the largest employers in Crawford County, PA. The company manufactures more than 130 different sizes and types of pliers and hand tools. All CHANNELLOCK® pliers are still made in Meadville. Channellock, Inc. has more than 4,000 U.S. wholesale and retail customers and ships to customers in 45 countries.