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.
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.
is the parent of CUTCO Cutlery Corporation and Vector Marketing Corporation
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).
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.
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.
studies at the Graduate Schools of Business of Ohio State University and Iowa University
has four grown children.