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Automation replaced handiwork, and the company standardized on drill bit sizes, while embarking on an advertising campaign. The company also opened plants in Ireland and West Germany, taking advantage of cheaper labor, and lower transportation costs to clients in Saudi Arabia and Russia. Profits for the next 8 years amounted to $285,000,000.
Wisconsin, US Snap-on, Bahco, Blue-Point, Williams, CDI Torque Products, [27] Sun diagnostic tools in Europe and Brazil: Hand tools, air tools, power tools, diagnostic tools, assorted automotive tools Sortimo: Zusmarshausen, Germany: Sortimo: in-vehicle equipment, storage system for parts and tools Stanley Black & Decker: Connecticut, US
The company acquired major drill pipe and drill bit manufacturer Grant Prideco in 2008 [6] for $7.37 billion. [7] At the time, Grant Prideco held 60% of the global drill pipe market and operated 25 manufacturing sites worldwide.
Watts Brothers Tool Works is a tool manufacturer located in Wilmerding, Pennsylvania. They are known for manufacturing drill bits that can drill square holes, [1] [2] including blind holes, which cannot be made with other methods such as broaching. The Harry Watts square drill bit is based on a Reuleaux triangle shape. It is used together with ...
Irwin was founded in 1885 in Martinsville, Ohio as the Irwin Auger Bit Company by Charles Irwin, a pharmacist. Irwin had bought the rights to a solid-center auger bit from a local blacksmith. [3] In 1924, another blacksmith, Danish immigrant William Petersen of DeWitt, Nebraska, invented the first locking pliers [4] and named them Vise-Grips. [5]
Eventually the success of the Yankee line of tools led the Stanley Works tool company to acquire the North Bros. in 1946, chiefly to improve their own product lines. Stanley was primarily interested in their bit and brace designs, which continued to be produced unchanged at Stanley for decades, and the spiral ratchet "Yankee" screwdrivers. The ...