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This profile was last updated on 10/16/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Erick J. Laine

Wrong Erick J. Laine?

Employment History

Board Memberships and Affiliations


  • BS degree , civil engineering
68 Total References
Web References
Cutco Corporation, 16 Oct 2014 [cached]
Erick J. Laine - Chairman Emeritus, CUTCO Corporation
The Stuff of Heroes Newsletter Vol 4, No.6 for executives, managers, leaders, and entrepreneurs on leadership, strategy, business, marketing, management, and entrepreneurship., 15 May 2006 [cached]
Erick Laine, CEO of Alcas, Inc. manufacturers and markets some of the highest quality kitchen knives in the world under the brand name "Cutco. One division makes the K-bar knife, the official knife of the U.S. Marine Corps since World War II. Its sales today are over $100 million worldwide. But when Laine took over as CEO in 1982, sales were only $5 million. That's a 2000 percent increase in a field that older, established brands from Europe once dominated.
When Erick became CEO of Alcas, his manufacturing arm was in disarray. In a nine year period prior to his becoming boss, there wasn't a single contract that was settled without a strike! There were no less than 270 outstanding grievances on the books!
Now Erick is tough. He was born in Finland, and in addition to integrity, his parents taught him something that doesn't translate easily into English. The word in Finnish is "Sisu. "Sisu" means a sort of stubborn persistence wrapped up with sheer guts. He knows what he is doing, and he is no pushover. But he truly cares about his people and he insists on treating them fairly.
So Laine met with his union in a spirit of openness and listened. And when the union was right, he acknowledged it. And when he thought they were full of bologna, he told them that, too. But then, a strange thing happened.
Erick always accepts the money on behalf of management, but then he always uses the money to purchase something that will benefit the workers like TV for the cafeteria or a clock . . . that type of thing. 10
Now why do you think the workers and their union do this? Obviously they could just collect the money and go out and buy something themselves. Erick Laine didn't tell me this, but I believe this informal ceremony during which Laine is presented with this money is a symbol of the trust between Alcas' union and management, between the company leaders and their workers. It is rare and unprecedented. It happens only because Erick Laine really cares.
The Foundation board honored ..., 13 Sept 2013 [cached]
The Foundation board honored Erick and Marianne Laine and Peter Laine as 2013 Friends of the Foundation for their generosity, service and dedication to philanthropy in the Greater Olean community.
Erick Laine spoke on the good the Foundation has done during his acceptance of the 2013 Friend of the Foundation award.
Board member Ward “Skip†Wilday presented the awards on behalf of the Foundation.
“What they have done demonstrates what a difference one family can make in a community,†Mr. Wilday said of Erick, Marianne and Peter’s volunteerism and support of nonprofits.
Erick Laine, former president of CUTCO Corporation and current chairman emeritus,
Mr. Erick J. Laine - ..., 1 Jan 2006 [cached]
Mr. Erick J. Laine - CUTCO/Vector Marketing Corporation
Direct Selling Association - News- Press Releases, 12 June 2002 [cached]
Erick Laine receives the Hall of Fame Award
Neil Offen presents the Hall of Fame Award to Erick Laine
Erick J. Laine, Chairman of the Board of Alcas Corporation, headquartered in Olean, New York, was inducted into the Direct Selling Hall of Fame on June 11, 2002, at the Direct Selling Association's Annual Meeting in Phoenix. Mr. Laine was the 47th recipient of the industry's highest honor. Erick Laine's corporate experience includes 22 years of technical and managerial assignments with ALCOA (Aluminum Company of America), before being appointed president in 1977 of one of ALCOA's subsidiaries, Alcas Corporation. In 1982 Mr. Laine and three of his officers made a management buyout and Alcas is now privately held with Mr. Laine as majority owner. Alcas Corporation is the parent of CUTCO Cutlery Corporation and Vector Marketing Corporation. CUTCO is the manufacturing subsidiary which manufactures the CUTCO brand of high-quality kitchen cutlery sold nationwide and in Canada by Vector Marketing Corporation (Alcas sales and marketing subsidiary). CUTCO is sold internationally by CUTCO International, Inc., a third Alcas subsidiary. In 1996 KA-BAR Knives, an old line sporting knife company, was also acquired and is now a subsidiary of Alcas. Mr. Laine's current professional and industrial affiliations include Commissioner of Cuba Lake District and Director of the Community Bank of Olean. He also serves on the Board of Trustees at Alfred University. He served for 13 years on the Direct Selling Association Board of Directors and served as its chairman. He has also served as a member and chairman of the Direct Selling Education Foundation and as a member of the Executive Committee of both boards. Past directorships include Olean Area Chamber of Commerce, Olean General Hospital, American Cutlery Manufacturers Association, Cattaraugus Economic Development Zone and Trustee of St. Bonaventure University. In 1990, Erick Laine was the recipient of the Businessman of the Year award which recognizes the achievements and community dedication of outstanding business leaders in the Olean community. In 1999, Mr. Laine was the recipient of three prestigious awards: the Academy of Marketing Science selected him as the AMS Distinguished Marketer of the Year for 1999. This award is presented to a corporate CEO who has achieved personal and corporate marketing success; the Circle of Honor award presented by the Direct Selling Education Foundation to recognize those who have made outstanding contributions to the Foundation through their personal efforts, involvement and commitment; and the Ernst & Young Entrepreneur of the Year award for Manufacturing and Consumer Products. This is given to individuals whose ingenuity, hard work and innovation have created successful growing business ventures. Mr. Laine received his BS degree in civil engineering from the University if Wisconsin. He furthered his studies at the Graduate Schools of Business of Ohio State University and Iowa University. Mr. Laine has four grown children.
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