Park Tool Company History: For over half a century, Park Tool has been a household name for cyclists around the world. From building the first bike work stand back in 1963, the Park Tool team are unquestionable innovators, determined to stay ahead of the curve and to develop the tools cyclists need - before they even realize they need them. Producing virtually every bike tool imaginable, Park Tool will make sure that no matter what mechanical issues you face, you can be equipped to handle any situation.