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The “Presto” Pressure Cooker was introduced at the 1939 New York World’s Fair. It captured the attention of homemakers everywhere for saving time, vitamins, flavors, and fuel, and the Presto® brand soon became synonymous with pressure cooking.
National Presto Industries is a company founded in 1905 in Eau Claire, Wisconsin. [2] Originally called "Northwestern Steel and Iron Works" the company changed its name to the "National Pressure Cooker Company" in 1929 and then National Presto Industries, Inc. 1953. [3]
Best known since the 1970s for its innovative, sometimes quirky kitchen gadgets, National Presto can trace its history to the 1905 founding of the Northwestern Iron and Steel Works in Eau Claire, Wisconsin, as the Northwestern Iron and Steel Works for the production of cement mixers.
On March 3, 1969, National Presto Industries, Inc. was admitted to the New York Stock Exchange, trading under the symbol NPK. It was a prestigious advancement in terms of company recognition and a mark of the integrity of its products and finances.
In order to meet the needs of the consumer, in 1939 the company popularized the first saucepan-style pressure cooker, which they named “presto” (National Presto Industries, Inc, 2015). The pamphlet “when you cook with a presto cooker” was made during this time in Wallaceburg, Ontario.
As the company began introducing more consumer products under the Presto brand name, including an automatic coffee maker, the stockholders voted at the 1953 annual meeting to change the corporate name to National Presto Industries, Inc.
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The National Pressure Cooker Company of Eau Claire, Wisconsin, introduced the first saucepan-style pressure cooker under the brand name "Presto" in 1939. Consumers embraced the cooker's revolutionary rotating cover and reliable gasket seal.
