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OTC Tool Company logo. OTC Tools (originally Owatonna Tool Company) is a tool and equipment manufacturer. It was founded in Owatonna, Minnesota, by Godfrey Kaplan, who operated a small machine shop there. Kaplan's son Rueben, invented the "Grip-O-Matic" universal gear puller and received his first patent. [1] The tool remains virtually ...
Bonney Forge was founded in Philadelphia, Pennsylvania in 1876 [1] by Charles S. Bonney. Originally Bonney Forge crafted forged and finished hardware for horse-drawn wagons, later it became a manufacturer of automotive hand tools, and now it is a manufacturer of fittings and unions, branch connections, steel valves and specialty products.
On August 24, 2010, Oriental Trading Company via OTC Holdings Corp. filed for Chapter 11 bankruptcy protection. During the bankruptcy procedure, the company had plans to cut half of its $1 billion of debt. The company continued to operate normally during the process. [13] On November 2, 2012, Berkshire Hathaway announced they would acquire the ...
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Xcelite was founded in 1921 by F. Birney Farrington (1886-1962), as the Park Metalware Company, Inc., a small metalworking shop in Orchard Park, New York. [2] John Zilliox’s (1874-1971) U.S. patent 1,386,217 for an adjustable wrench, launched the company into manufacturing hand tools for worldwide distribution.
Great Neck Saw is an American company that manufactures and distributes hand tools, including wrenches, screwdrivers, hammers, chisels, and automotive specialty tools. [1] The company is the largest privately owned tool manufacturer in the United States.