According to The Official Price Guide of Collector Knives by C Houston Price & Mark D Zaleysky, PAL was originally used as a trademark by the Utica Knife & Razor Company of Utica, NY from about 1924-1939. PAL marked knives of that era used blades imported from Germany, and the blades typically bore the word “Germany” as well. Another company using the name PAL was established in Chicago in 1934. This company was known as the Pal Blade Company of Chicago, and was started by Otto Kraus. In 1935 the two “PAL” companies merged into one, known simply as the PAL Blade Company, and opened a manufacturing facility in Plattsburg, NY. Around 1940 PAL purchased the cutlery division of the Remington Arms Company, including of their existing stock of completed knives and knife parts.

While PAL was originally a manufacturer of pocketknives, but after the Remington acquisition they expanded their range of products to include a variety of fixed blade knives as well. PAL received a number of US government knife contracts during World War II and produced thousands of combat knives during the war years. Pal went out of business in 1953.