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The firm was one of the first in the United States to use cast steel to manufacture tools. [2] Yerkes retired in April 1886, and Plumb bought out Yerkes' interest in the company the following year. By 1888, the company was operating solely under the Plumb name. [3]
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.
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.
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Husky Wrench was founded in Milwaukee, Wisconsin on January 29, 1924 by Sigmund Mandl, who had immigrated to the United States from Czechoslovakia.By 1928, Husky had established a significant collaboration with the J.H. Williams Tool Group, with Williams distributing Husky wrenches in its mechanic's tool sets.
In January 2017, Apex Tool Group announced they would end the manufacturing of Allen and Armstrong hand tools in their Sumter, South Carolina manufacturing plant. With this, Apex Communications Director Kelly Rhoads confirmed the line would cease production on March 31. This ended production of the Allen brand in hex keys, L-key, and T-handle ...
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In 1967, Moore Drop Forging was acquired by Eastern Stainless Steel Corporation, a manufacturer of stainless and specialty steel. Easco continued the Craftsman contract with Sears . By 1969, the parent company was known as Easco Corporation. [ 1 ]