Four years later, the name of the company was changed to the Champion–DeArment Tool Company.

In 1923, the company moved again to a 33,000-square-foot (3,100 m 2) facility at its current location in Meadville. Howard DeArment, became partners in the company in 1911 and expanded the product line again to include hammers. In 1904, the company moved to a 12,000-square-foot (1,100 m 2) facility in Meadville, Pennsylvania, and added nippers, pinchers and open-end wrenches to its product line. The business eventually became known as the Champion Bolt and Clipper Company. When he ran out of tools, he would sell the wagon and buy a train ticket home to Evansburg. He would spend the Winter forging tools, load up his wagon in the Spring when roads became passable, and set out selling his tools. DeArment, a blacksmith from Evansburg, Pennsylvania (present day Conneaut Lake, Pennsylvania), began hand-forging farrier's tools and selling them from town to town out of the back of a wagon.

The company was founded in 1886 when George B.

Channellock drill