- 1887. The farmer Agust Petersson (born 1864) starts production of woodworking tools and benches in Östra Kroken, Backaryd, Sweden. He starts with tree machines, drill press, bandsaw and a wood lathe.
- 1901. The demand rises and August acquires a large farmstead in Stora Silpinge, Bräkne-Hoby, Sweden where he builds a new shop and specializes in planemaking.
- 1918. August acquires Lindegården in Hästaryd, Mörrum, Sweden where he builds a new larger shop for the sole production of planes and benches. This time he also extends the machine park with a Surface planer / Jointer and a rip saw.
- 1928. August sones Olof and Axel Petersson take over the business and build a new workshop in Hästaryd, Mörrum, Sweden. By this time they also add a Thickness planer / Planer, a spray gun and a Pad Sander / Stroke Sander to the existing machine shop. Planes and benches are still the main productions but plane production is the main business.
- 1942. Axel leaves the business and Olofs son Gunnar joins the company. During this wartime, the demand for wooden planes increases a lot and Olofs second son Sigurd also works with plane production. After the war and in the early 1950s the demand for handplanes gradually decreases due to increased competition from abroad, mostly Denmark and Germany but also Stanley from the US.
- 1964. Gunnar is forced to stop the production of planes due to low demand and switch to other woodworking activities.
- 1990. Gunnar Petersson donates the entire Planemaking shop to Mörrums Local Museum, Machines, Handtools, Plane stock and they saved everything they could fit in the small room in the museum.
- 2018. Gunnar dies at the age of 93.
- Bröderna Peterssons Hyvelfabrik, Mörrums Hembygdsmuseum.