Former Schrade President Walley Gardner and principal Joe Hufnagel joined with nine master cutlers to form a group of US craftsmen with over 300 years of combined knife making experience to create Canal Street Cutlery. It was first located in upstate New York where a long and rich tradition of quality knife making dates back to the 19th century. Unfortunately, the company closed its doors in 2015, but not before making some great knives. The brand was resurrected in 2018 as Canal Street Cutlery Co-Op & focused on making very small batches of high quality traditional knives. As a Co-Op, it was owned by the knife makers who worked there. Unfortunately, the business model couldn't hold up & the entity again ceased production.