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Apex Tool Group is an American supplier of hand tools and power tools. It was formed as a joint venture of Cooper Industries and Danaher by the merger of Cooper Tools and Danaher's Tools and Components segment. In October 2012, Danaher and Cooper sold Apex to Bain Capital for about $1.6 billion.
Armstrong Tools was an American industrial hand tool manufacturer. [1] In its final years, it existed as a brand of Apex Tool Group , LLC and manufactured the majority of its tools in the United States, focusing mostly on aerospace, government, and military users.
The Plomb company began selling tools under the Proto name instead. [4] In 1971, the Plumb Company was acquired by the Ames Company. In 1981, Plumb was sold to Cooper Industries; [3] in 2010, the Cooper Hand Tools division was spun off into Apex Tool Group. [5]
As of 2021, the Apex Tool Group website's Allen page has been purged of all content except for the rebranded Allen logo, the Armstrong logo erroneously referred to as the brand image, and the brand site URL, now a redirect to Crescent. [11] No public announcement has been made for the end of productions under the Allen name. [citation needed]
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The Saginaw plant was soon closed and a new plant in Apex, North Carolina became the chief U.S. manufacturing plant. The brand was a member of the Cooper Tools group until that group was sold off to form Apex Tool Group in 2012 and Cooper Industries was acquired by Eaton Corporation.
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