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The company was one of the first to offer mass-produced drop-forged hand tools. [3] A second factory was opened in Buffalo, New York in 1914, now the site of General Motors' Tonawanda Engine plant. [4] The company was acquired by Snap-on in 1993. [citation needed] In 2011 it was officially renamed Snap-on Industrial Brands. [5]
The company was founded as Rasmussen GmbH in 1949 by Ove Skafte Rasmussen, a son of Danish industrialist Jørgen Skafte Rasmussen. [10] [11] It was family-owned until a 2006 management buyout and merger with ABA, a Swedish company, funded by the private equity company 3i. [11] It also took over Breeze Industrial Products, an American company ...
In 2003, American officially changed its name to Irwin Industrial Tool Company. [ 8 ] In 2008, Irwin announced the closing of its DeWitt, Nebraska plant, ending 80 years of American production for Vise-Grips, citing a necessity to move production to China "to keep the Vise-Grip name competitive."
Manufacturer Headquarters Brands Products Altendorf GmbH: Minden, Germany: Altendorf: Table saws, panel saws: Andreas Stihl AG & Company KG: Waiblingen, Germany: Stihl, Viking [1]: Outdoor power equipment [2]
Crescent is a brand of hand tools.It originated with the Crescent Tool Company, founded in 1907.The Crescent brand has changed ownership multiple times. It is currently owned by Apex Tool Group, LLC of Sparks, Maryland as part of its Hand Tools division.
The story of Bahco began in 1886 when the Swedish inventor Johan Petter Johansson (1853–1943) established his company Enköpings Mekaniska Verkstad in Enköping, Sweden. Johan Petter, also known as JP, was an inventor and industrialist. He invented the modern plumber wrench (1888) and adjustable wrench (patents in 1891 and 1892). [1]