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Lowe's and manufacturing partner J.H. Williams launched Kobalt in 1998, [1] with the intention of competing against rival retailers Sears and The Home Depot and their respective Craftsman and Husky tool brands. [2] In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4]
In 1957, Oswald Thorsman from Sweden received a patent for a plastic wall plug; around the same time, German inventor Artur Fischer created the plastic Fischer wall plug. [4] [5] The Fischer wall plug, due to its innovative shape, was the first to be suitable for all wall types, and has since been the most produced and sold wall plug worldwide ...
For the fiscal year 2019 (2/1/2019-1/31/2020), Lowe's reported earnings of US$4.281 billion, with an annual revenue of US$72.148 billion, an increase of 1.17% over the previous fiscal cycle. [29] Lowe's shares traded at over $116 per share, [ 30 ] and its market capitalization was valued at over US$90.32 billion in January 2020. [ 31 ]
Coes Wrench Company was a tool manufacturing company based in Worcester, Massachusetts. The company was originally part of the L. and A. G. Coes & Co. [1] The Coes Wrench Company was founded April 1, 1888. [2] Coes Wrench Company manufactured the screw type wrench invented by Loring Coes; this wrench is commonly known as a monkey wrench.
For example, a 1 ⁄ 4-inch to 3 ⁄ 8-inch adapter allows sockets with 1 ⁄ 4-inch drive holes to attach to a 3 ⁄ 8-inch ratchet, and so on. Universal joints are two articulated socket joints (about 1 inch (25 mm) long) combined at a right angle, that allow a bend in the turning axis of the wrench and socket.
The term wrench is generally used for tools that turn non-fastening devices (e.g. tap wrench and pipe wrench), or may be used for a monkey wrench—an adjustable pipe wrench. [1] In North American English, wrench is the standard term. The most common shapes are called open-end wrench and box-end wrench.