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hand tools, air tools, power tools, diagnostic tools, assorted automotive tools Gedore: Remscheid, Germany: Gedore: hand tools Gray Tools: Toronto, Ontario, Canada: Gray Tools, Dynamic: Industrial hand tools Griffon Corporation: Ames True Temper: outdoor hand tools [13] King Dick Tools: Birmingham United Kingdom: King Dick: Mechanics tools ...
KMS Tools & Equipment is an industrial tool distributor. KMS Tools is a Canadian retailer of power tools, automotive, woodworking, welding, metalworking tools with construction equipment and car parts. It was founded in Coquitlam, BC in 1983 by Stan Pridham. It continues to be 100% Canadian and BC owned and operated by Stan Pridham who lives in BC.
However, recent years have been marked by declining sales and slumping share prices: “Over the course of the last two years, annual sales have fallen by nearly 27 per cent, from $312 million in 2017 to $229.1 million for its year ending Sept. 30” [7] In 2019, share prices declined by 19%. [8]
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The company is family-owned. The founder, Leonard Lee, was a recipient of the Order of Canada.He founded the company in 1978, in Ottawa, Ontario.Over the next ten years, the company opened several more stores in Toronto and Vancouver, and started manufacturing its own line of tools (starting with the Veritas Dovetail Marker in 1982).
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