Pitney Bowes would develop an automatic mail-sorting machine that solved a major bottle-neck issue for U.S. Postal Service. This machine could sort thousands of letters per hour into 300 separate destination boxes.
A breakthrough in
From 1950 to 2020…
Today, we continue to be a leader in client growth needs with a Presort Services network with 42 operating centers nationwide and the largest workshare partner of the USPS, providing services to the largest mailers in the US, processing more than 17 billion pieces of mail every year.
Pitney Bowes introduces the desktop mail station. Nicknamed “The DM” (desk model), it was the first portable, mass-market postage device that brought the efficiency of metered postage within reach of any size business, large or small.
CEO Walter Wheeler writes a letter to his management team, directing them to “Do the Right Thing” for their customers, employees and the community. Wheeler’s statement of corporate values proved timeless. At Pitney Bowes, we still strive to “Do the Right Thing, The Right Way” every day.
Pitney Bowes becomes listed on the New York Stock Exchange. With nearly 3,000 employees, our company becomes publicly traded. In just one year, the company revenue jumps 17% to over $20MM.
During this decade, metered mail increases to half of all U.S. postage. Today, metered mail, permit mail and online postage comprise 89% of all mail.
Pitney Bowes signs a partnership agreement with Japan Post, extending our international reach.
Pitney Bowes continues our global expansion, partnering with India Post.
Pitney Bowes develops the first automatic mail sorting machine for the U.S. Postal Service, capable of processing thousands of letters per hour.
Pitney Bowes promotes the DM model in widely read magazines, such as The Saturday Evening Post. The full-page ads, with their engaging story-telling style, are credited with capturing the growth of 50% of our new business.