Today the company is owned by Sanford, a division of Newell Rubbermaid that also owns Waterman.
Although the company always produced good quality fountain pens, Parker golden age goes from the '20s to '60s, when the company has distinguished itself for its great innovation capacity, obtaining always strong success.
In the following years the Parker continued introducing of new models and new technologies as the unique capillary filler of the 61 model, or the realization of T1 model in titanium.
The company was active in the fountain pen market with luxury and economic models, and at the same time achieved great successes in the production of the new ballpoint pens.
In 1926 also the Parker began to move production from hard rubber to celluloid.
In 1993 the pen production division was acquired by Gillette Company, which already owned the Paper Mate.
Parker continued to produce hard rubber pens with good results, focusing on the functionality of his pens and on the benefits of the button filler, but the real breakthrough came in 1921 with the launch of Duofold, which was a huge success, by getting the company at the top of sales.
The creation of a large pen, made of hard rubber of a bright red color, was a revolution in the fountain pen world until then dominated by the black color, and foreshadowed the introduction of the celluloid colors by several years.
In this period it was famous for her silver overlay pens, and in particular for the Snake pen with a snake shaped overlay, that is sought after by collectors for its rarity, and for the Black Giant pen, characterized by a very large size.
Another distinction point for Parker pens was the creation of button filler, introduced in 1913 as reaction to the creation of the lever filler, which was never been used in the company's flagship models, despite is diffusion between all the competitors of that time.
Thanks also to the creation of a vast network of branch offices (Canada, England, Denmark, France, Mexico, and Argentina), the company always maintained top rankings in worldwide sales of fountain pens, and was successful also in the ballpoint pen era.