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Irwin Industrial Tools

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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.[2]

Irwin Industrial Tools
Company typeSubsidiary of Stanley Black & Decker[1]
IndustryManufacturing
Founded1885; 139 years ago (1885) in Martinsville, Ohio
FounderCharles Irwin
HeadquartersHuntersville, NC
Key people
Charles Irwin, William Petersen
ProductsHand tools
Websitewww.irwin.com
Previous logo

History

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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.[3]

In 1924, another blacksmith, Danish immigrant William Petersen of DeWitt, Nebraska, invented the first locking pliers[4] and named them Vise-Grips.[5] In 1934, Petersen formed the Petersen Manufacturing Company to produce them.[6] In 1957, Petersen added an easy-release trigger to the design, creating the modern locking pliers design.[7]

In 1985, American Tool Companies bought out Petersen Manufacturing.[clarification needed] 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.[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]

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.[1][10]

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See also

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References

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  1. ^ a b Fortier, Christopher. "Stanley completes $1.95 billion Newell acquisition". New Britain Herald. Retrieved 23 March 2017.[permanent dead link]
  2. ^ Irwin Industrial Tools. "About Us". Retrieved 2008-04-06.
  3. ^ US 361522, Irwin, Charles H., "Auger-bit", published 1887-04-19 
  4. ^ US 1489458, Petersen, William, "Wrench", published 1924-04-08, assigned to Jules A. Sire & inventor 
  5. ^ Frechette, Leon. "75th anniversary of the Vise-Grip locking pliers". Retrieved 2010-02-25.
  6. ^ Nebraska State Historical Society (2003-04-02). "Made in Nebraska Exhibit, Petersen Manufacturing". Archived from the original on July 28, 2003. Retrieved 2010-02-25.{{cite web}}: CS1 maint: unfit URL (link)
  7. ^ US 2838973, Petersen, William, "Releasing means for self-locking plier type toggle wrench", published 1958-06-17 
  8. ^ Irwin Industrial Tools. "History". Archived from the original on 2010-02-28. Retrieved 2010-02-25.
  9. ^ "Workers sorry Vise-Grip plant moving to China". The Associated Press. 2008-09-03. Retrieved 2010-02-25.
  10. ^ "Stanley buys tool division of Atlanta company". New Britain Herald. October 12, 2016. Retrieved February 3, 2022.
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