SK Hand Tools: Difference between revisions
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'''SK Hand Tools Corporation''' is a major manufacturer tools for automotive and industrial customers. Following a takeover by [[Stanley Tools]] of their former parent company, French based [[Facom Tools]], they became independent |
'''SK Hand Tools Corporation''' is a major manufacturer tools for automotive and industrial customers. Following a takeover by [[Stanley Tools]] of their former parent company, French based [[Facom Tools]], they became independent through a management buyout. |
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==History== |
==History== |
Revision as of 23:36, 19 October 2008
The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (October 2008) |
SK Logo | |
Company type | Private |
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Industry | Manufacturing |
Founded | Chicago, IL (1921) |
Headquarters | Chicago, IL |
Key people | Claude Fuger, President & CEO Cliff Rusnak, Vice President & Board Chairman[1] |
Website | www.skhandtools.com |
SK Hand Tools Corporation is a major manufacturer tools for automotive and industrial customers. Following a takeover by Stanley Tools of their former parent company, French based Facom Tools, they became independent through a management buyout.
History
SK began as the Sherman-Klove Company, specializing in screw-machine products. A major customer at the time, Hindsdale Tools, ceased operations during the Great Depression, left SK with a large inventory of products and a tool division was created to sell it off.
In 1962, SK, along with manufacturing partner Lectrolite Corp., of Defiance, OH was bought out by Symington-Wayne. That company was later bought out by Dresser Industries. In 1985 SK became part of Facom Tools.[2]
Manufacturing Locations
SK maintains manufacturing plants in Chicago, and Defiance, OH, in the former Lectrolite plant. Screwdrivers are imported from France, a legacy of the Facom era, and the air tools line is imported as well.