GreatStar Tools USA, a manufacturer of hand tools serving professional and industrial markets worldwide, announced the its acquisition of SK Professional Tools, a provider of high-quality tools for professionals across a variety of industries, most notably the automotive industry.
As part of the acquisition, GreatStar plans to invest in SK Professional Tools product innovation and expand distribution, offering customers more opportunities to purchase these tools.
GreatStar is thrilled to have the opportunity to reinvigorate another iconic American tool brand with the acquisition of SK Professional Tools, leveraging our unique position in the US hand tool market to bolster both product innovation and distribution,” said Gary DuBoff, group president and CEO, GreatStar. “For more than 100 years, SK Professional Tools has cultivated a loyal following that goes back for generations, and we’re committed to maintaining the same legendary quality and outstanding service that customers expect.”
Dedicated to maintaining US-based manufacturing, GreatStar will transition a large portion of SK Professional Tools product line to its manufacturing center in Williamsport, PA, in 2022. The facility currently produces heavy-duty wet/dry vacuums for category leader Shop-Vac, which was acquired by GreatStar in December 2020.
GreatStar adds SK Professional Tools to its growing portfolio of U.S. tool brands including Pony Jorgensen woodworking clamps; Goldblatt concrete, masonry and tile tools; Arrow Fastener stapling tools, glue guns and rivet tools; Prime-Line Products window and security hardware; and Shop-Vac wet/dry vacuum cleaners.
Filed Under: Tools for fastening