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Greenlee is an American industrial and electrical tool company headquartered in Rockford, Illinois.It was founded in 1862 by twin brothers Robert L. and Ralph S. Greenlee to manufacture their invention, a drill surrounded by four chisel blades, used in making the pockets for a mortise and tenon joint, for the furniture industry in Rockford. [1]
Greenlee Textron is an industrial and electrical tool company headquartered in Rockford, Illinois. It was founded in 1862 by brothers Robert and Ralph Greenlee to manufacture their invention, a drill surrounded by four chisel blades, used in making the pockets for a mortise and tenon joint for the furniture industry in Rockford.
In 1986, Ex-Cell-O was acquired by defense industry conglomerate Textron for $77.50 per share in cash, totaling about $1.1 billion (about $3.1 billion in 2023 dollars). Under the merger agreement, Ex-Cell-O became a wholly-owned subsidiary of Textron. [7] Ex-Cell-O began laying off all employees on April 28, 2006.
In July 2018, Emerson completed the acquisition of Textron Tools and Test Businesses for a total of $810 million, which included brands such as Greenlee, Klauke, HD Electric, and Sherman + Reilly. This acquisition further expanded Emerson’s offerings in the professional tools and test equipment market, adding valuable assets to its business. [27]
Snap-on Industrial Brands, historically J.H. Williams Tool Group, is a division of American hand tool manufacturer Snap-on that makes and distributes tools to industrial markets. In addition to the Williams brand from which it originated, the group includes Bahco and CDI Torque Products .
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