At the 10th annual meeting of the American Knife & Tool Institute (AKTI), Goldie Russell was elected as the fifth president of the knife industry’s advocacy group, as well as the first woman president.
A bill promoted by AKTI was signed into law Feb. 9, 2007, by Arkansas Gov. Mike Beebe. The law repeals a previous statute that made it a weapons offense to carry a knife with a blade 3 inches or longer.
Reply from AKTI to a July 25, 2006, article in the Wall Street Journal titled “How New, Deadly Pocketknives Became a $1 Billion Business.” The American Knife & Tool’s response focuses on the importance of pocketknives as tools used daily by millions of Americans.
Legislation was introduced in the U.S. House of Representatives to hinder frivolous lawsuits against law-abiding businesses that seek to blame them for the criminal misuse of legally sold firearms. AKTI supported a similar bill proposed the previous year.
More than 86 percent of AKTI individual members believe that AKTI should take the official position that “there are no good knives; there are no bad knives,” based on a Winter 2005 poll the organization conducted among its members.