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Irwin Industrial Tools

American tool manufacturer and distributor

Irwin Industrial Tools

Summary

American tool manufacturer and distributor

FieldValue
nameIrwin Industrial Tools
logoIrwin Tools logo.svg
typeSubsidiary of Stanley Black & Decker
foundationin Martinsville, Ohio
founderCharles Irwin
locationHuntersville, NC
key_peopleCharles Irwin, William Petersen
industryManufacturing
productsHand tools
homepagewww.irwin.com
Previous logo

Irwin Industrial Tools is an American manufacturer and distributor of hand tools and power tool accessories. It is owned by Stanley Black & Decker. It is best known for producing Vise-Grip locking pliers. Additionally, it produces clamps, drill bits, taps and dies, screw extractors, bolt extractors, saw blades, pipe wrenches, screwdrivers, snips, and other construction tools.

History

Irwin was founded in 1885 in Martinsville, Ohio as the Irwin Auger Bit Company by Charles Irwin, a pharmacist. Irwin had bought the rights to a solid-center auger bit from a local blacksmith.

In 1924, another blacksmith, Danish immigrant William Petersen of DeWitt, Nebraska, invented the first locking pliers and named them Vise-Grips. In 1934, Petersen formed the Petersen Manufacturing Company to produce them. In 1957, Petersen added an easy-release trigger to the design, creating the modern locking pliers design.

In 1985, American Tool Companies bought out Petersen Manufacturing. In 1993, American acquired The Irwin Tool Company, and in 2002, Newell Rubbermaid acquired American. In 2003, American officially changed its name to Irwin Industrial Tool Company.

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."

In 2010, Irwin closed the customer service office in Wilmington, OH and moved the customer service department to Huntersville, NC.

In October 2016 Stanley Black & Decker Inc agreed to buy Newell Brands Inc.’s tools business for $1.95 billion. The acquisition was completed in March 2017.

References

References

  1. (September 2024). "Stanley completes $1.95 billion Newell acquisition".
  2. Irwin Industrial Tools. "About Us".
  3. "Auger-bit".
  4. "Wrench".
  5. Frechette, Leon. "75th anniversary of the Vise-Grip locking pliers".
  6. Nebraska State Historical Society. (2003-04-02). "Made in Nebraska Exhibit, Petersen Manufacturing".
  7. "Releasing means for self-locking plier type toggle wrench".
  8. Irwin Industrial Tools. "History".
  9. (2008-09-03). "Workers sorry Vise-Grip plant moving to China". [[The Associated Press]].
  10. (October 12, 2016). "Stanley buys tool division of Atlanta company".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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