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In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4] In 2011, Lowe's ended its arrangement with Danaher and switched to a different supplier for its mechanic's hand tools, [5] JS Products of Las Vegas, Nevada. [6] Screwdrivers continue to be supplied by Great Neck. [7]
Crescent – Produces general hand tools and tool sets. Winner of Popular Mechanics' 2006 Breakthrough Award for its Rapid-Slide variant. [4] Acquired by Cooper in 1968. Delta – tool boxes; Erem – Precision pliers. GearWrench – Ratcheting wrenches and hand tools; H.K. Porter – Bolt and cable cutters. Iseli – Precision matched parts
Porter-Cable was founded in 1906 in Syracuse, New York, by R.E. Porter, G.G. Porter, and F.E. Cable, who invested $2,300 in a jobbing machine and tool shop the trio ran out of a garage. In 1914, the company began to focus on power tools, starting with a line of lathes. Three years later, the company bought a plant on North Salina Street.
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The company has a tool line of over 3,500 items including wrenches, ratchets, screwdrivers, tool boxes and air tools. In 2021, SK was acquired by Hangzhou GreatStar Industrial. Jay Leno described the company as "an iconic American brand for decades," [2] and the company is known for inventing the round-head ratchet wrench.
The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, for $4,200, [ 9 ] that same year.