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In 1995, Western Auto acquired 84 auto parts stores in Ohio, Indiana, Kentucky, West Virginia and Tennessee from the bankrupted Nationwise Automotive chain for an undisclosed amount [8] and later acquired Wheels Discount Auto Supply and its 82 auto parts stores in New York and Pennsylvania from its then owner Fay's Drug for $37 million. [9] [10]
It also owns Western Forge and Pratt-Read, the largest– and second-largest American-made producers of screwdrivers respectively at the time of their acquisitions. [ 4 ] It is a competitor to Klein Tools , and its tools are sold at Lowe's and Ace Hardware stores as well as many independent distributors.
In 1974, Travers Tool purchased and moved into a 25,000-square-foot (2,300 m 2), 2-story facility at 25-26 50th Street in Woodside, New York. As business grew throughout the 1980s, Travers Tool moved into a larger facility at 128-15 26th Avenue, Flushing, New York and built a 75,000-square-foot (7,000 m 2) warehouse in Duncan, South Carolina.
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In 1976, Western Forge shipped its 100 millionth Craftsman screwdriver. [5] In 2008, the company produced its billionth screwdriver overall. [3] In 1978, Western Forge applied for and received its USA trademark. [6] They produced and test marketed a line of hand tools branded with their own name. In 1981, the company was acquired by Emerson ...
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