Founded by the American inventor Albert J. Dremel in 1932, the company is located in Racine, Wisconsin, US. Albert J. Dremel held 55 patents across a wide range of inventions, including an electric eraser, electric fish scaler, electric shoe polisher, electric screwdriver, power sanders, scroll saws, a device to monitor chicken's egg production, and first design of the now standard walk-behind rotary lawn mower. His first product released within the company was an electric razor-blade sharpener, which lost popularity when cheap disposable razors became available. Dremel then developed the high speed lightweight rotary tool, later named the Dremel Multitool, for which the company continues to be known. This invention was successful in the hobby and craft market.