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In 2003, American officially changed its name to Irwin Industrial Tool Company. [8] In 2008, Irwin announced the closing of its DeWitt, Nebraska plant, ending 80 years of American production for Vise-Grips, citing a necessity to move production to China "to keep the Vise-Grip name competitive." [9]
Companies headquartered in Tulsa, Oklahoma include, but are not limited to, companies in the city's anchoring economic sectors of energy, aerospace, finance, technology, telecommunications, high tech, and manufacturing. [1] Bloomberg Businessweek ranked Tulsa as having the 7th strongest metro economy, and the 38th best city to live in, in 2012.
Grant Prideco, Inc. is a supplier of drill pipe and drill stem accessories headquartered in Houston, Texas.Since 2008, it has been a subsidiary of energy services company NOV Inc. Grant Prideco was included on the Fortune magazine top 1000 largest corporations for several years in the mid-2000s [1] [2] and through the 1990s and early 2000s was the world's largest oilfield drill pipe supplier.
The first locking pliers, with the trade name Vise-Grip, were invented by William S. Petersen in De Witt, Nebraska, United States in 1924. [1] [2] Later, in 1955, in the United Kingdom, M K Mole and Son, a hand tool manufacturing company, under the managing direction of Thomas Coughtrie, began making nearly identical pliers.
Northern Tool + Equipment (commonly referred to as Northern Tool) is a manufacturer and retailer of light industrial equipment and do-it-yourself supplies.Founded in 1981 as Northern Hydraulics, the company was officially renamed to Northern Tool + Equipment and is the owner of several private label brands including NorthStar, Powerhorse, Klutch, Strongway, Ultra-Tow, Roughneck, Gravel Gear ...
OTC Tools (originally Owatonna Tool Company) is a tool and equipment manufacturer. It was founded in Owatonna, Minnesota , by Godfrey Kaplan, who operated a small machine shop there. Kaplan's son Rueben, invented the "Grip-O-Matic" universal gear puller and received his first patent. [ 1 ]
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