Pantone Inc. is a company founded in 1962 by Lawrence Herbert in Carlstadt, New Jersey. It was 1963 when the Pantone Matching System® was developed, a sort of catalog of standard colors all over the world. The PMS quickly became a point of reference both in the world of industry and chemistry.
Thanks to the Pantone classification system, it is possible to translate colors with an alphanumeric code understandable to everyone in every part of the planet.
It was 1986 when the Pantone Color Institute was founded with the aim of supporting designers and companies in the choice and 'strategic application of color'. Since 2000, the institute has also defined what is considered the "color of the year".