Founded in 1935 by Louis Gringer, father of Chairman Donald Gringer, Allway started with a concept for a pistol grip hacksaw purchased from a customer in lieu of payment of his account at the family hardware store in New York. As the son tells it, his father then designed a four-way keyhole saw, called the All-Way Handy Saw because the blade locked in four different positions. The name was so closely associated with the company that it was eventually adopted, although the company was originally known as the Ultra Mfg. Co.
Donald Gringer came onboard in the 1950s, with an engineering degree and expertise in product design. He started inventing allied products for the worldwide distribution Allway enjoys today.
Allway is located in the Bronx, New York. Around 2005, it completed construction of its current facilities which doubled its size to 80,000 square feet. The state-of-the-art plant features complete research and development, CAD design, manufacturing, warehousing, shipping and administrative facilities.