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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?

Chairman Emeritus

Cutco Corporation
CUTCO Cutlery Corporation
1116 East State Street
Olean , New York 14760
United States

Company Description: CUTCO ® is the largest manufacturer and marketer of high-quality kitchen cutlery and accessories in the United States and Canada. The corporate "family" consists of...   more

Employment History

Board Memberships and Affiliations


  • bachelor's of science degree , civil engineering
    University of Wisconsin
68 Total References
Web References
Cutco Corporation, 16 Oct 2014 [cached]
Erick J. Laine - Chairman Emeritus, CUTCO Corporation
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.
Community Foundation to honor Erick and Marianne Laine, Peter Laine | Cattaraugus Region Community Foundation [cached]
Community Foundation to honor Erick and Marianne Laine, Peter Laine
Erick and Marianne Laine of Olean and Peter Laine of Asheville, N.C., formerly of Olean, will be presented with the award at the Community Foundation's annual luncheon in July.
Erick Laine is the former president of CUTCO Corporation. He now serves as chairman emeritus.
He and his wife, Marianne Letro Laine, have long been affiliated with improvements for local higher education. Together they were instrumental in the development of the Regina A. Quick Center for the Arts at St. Bonaventure University.
Erick, along with CUTCO, also led the Jamestown Community College Cattaraugus County Campus' capital campaign, helping to raise private funds needed for the creation of the $31 million campus in downtown Olean.
Erick also has served as commissioner of Cuba Lake District, trustee of Alfred University and St. Bonaventure University, and director of the Greater Olean Area Chamber of Commerce, Olean General Hospital, American Cutlery Manufacturers Association, Community Bank, Cattaraugus Economic Development Zone.
Before being appointed president of Alcas, now CUTCO, in 1977, Erick worked for 22 years at ALCOA. In 1982, he and three of his senior management team bought CUTCO and it is now privately held. He retired from the company January 1, 2008.
Erick has been named Businessman of the Year (the L.O.U.I.E. Award) by the Greater Olean Area Chamber of Commerce. The award is given to recognize achievements and community dedication of outstanding business leaders in the Olean community.
He also received the John D. Hamilton Award, presented by Jamestown Community College for those who have exemplified support of the college and its mission.
Erick received his bachelor's of science degree in civil engineering from the University of Wisconsin. He furthered his studies at the Graduate Schools of Business of Ohio State University and Iowa University. In 1998 he completed a 9 week Harvard Business School course in the Owner/President/Management program.
"Erick, Marianne and Peter Laine join a distinguished group of community philanthropists who have made our region a better place by their active involvement and generosity," said Karen Niemic Buchheit, CRCF Executive Director.
Ms. Buchheit noted that while Erick and Marianne Laine support numerous nonprofits directly they also contribute generously to a number of funds at the Community Foundation.
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