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Ideal was founded in 1916 by J. Walter Becker as the Ideal Commutator Dresser Company in Chicago, Illinois, manufacturing commutator dresser stones. [6] In 1924, Becker relocated the company to its current location in Sycamore, Illinois. [7] By 1949, it had become the United States' leading producer of wire nuts. [8]
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On March 22, 2010, Ideal Industries announced the acquisition of Pratt-Read from bankruptcy. [8] Ideal acquired the Pratt-Read name and equipment and continued production out of existing Ideal facilities, as the Pratt-Read facility in Shelton, Connecticut had already ended operations.
Ideal Industries (1 C, 4 P, 2 F) Pages in category "Tool manufacturing companies of the United States" The following 107 pages are in this category, out of 107 total.
Ideal had attempted to sell the facility but was unsuccessful. Ideal CEO Steve Henn said in a statement, "This was a long and carefully considered decision. Our Western Forge employees delivered high quality product and did everything we asked of them to help us maintain the business.
United Pacific Industries Ltd: Spear & Jackson: Hand tools and garden tools Wera Werk Hermann Werner GmbH & Co. KG: Wuppertal, Germany: Wera Tools: Drivers, driver bits, other hand tools Werner Co. Werner, Knaack, Weather Guard: Ladders, other [34]
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On August 23, 2010, it was announced that two days later, on August 25, 2010, Ideal Industries would acquire SK. [6] [7] In July 2021 SK was acquired [8] by Hangzhou GreatStar Industrial, a Chinese tool conglomerate company that is current owner of other American brands such as Shop-Vac, Arrow Fastener, and Pony Jorgensen clamps.