I 1913 investerede Walter A. Sheaffer sit livs opsparing og grundlagde “The WA Sheaffer Pen Company” i Ford Madison, Iowa. I starten producerede virksomheden kun fyldepenne. Pennene fik hurtigt fik et godt ry takket være den høje brugervenlighed. I dag inkluderer Sheaffers brede sortiment også et antal kuglepenne og rollerballs.
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