IBC

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Nov 19 2019

For Immediate Release

Hand and Power Tool Manufacturer Apex Tool Group Joins the IBC Industrial Buying Group

Apex Tool Group is one of the world’s largest manufacturers of professional hand and power tools for use in the industrial, vehicle service and assembly, aerospace, electronics, construction and serious DIY markets.

East Granby, Conn., (November 19, 2019)IBC is pleased to announce that Apex Tool Group (ATG), one of the world’s largest manufacturers of professional hand and power tools, has joined its industrial buying group. Headquartered in Sparks, Md. with operations in more than 30 countries, ATG is the source of more than 30 innovative brand name products used in vehicle assembly, aerospace, utilities/energy markets, and electronics assembly.

  • GEARWRENCH® sockets, wrenches and ratchets; Crescent® wrenches and mechanics hand tools; Crescent WISS® snips, scissors, shears, safety knives and trade tools; Crescent Lufkin® measuring tapes, rules and wheels; Crescent Nicholson® files, rasps, and saws; Crescent Jobox® storage products and safety cabinets, and Campbell® chain and fittings are widely used in industrial, automotive, construction and DIY applications.
  • CLECO® and APEX ® power tools encompass electric, pneumatic and air tools, as well as high performance bits, torque measurement, metal cutting and drilling solutions.
  • Weller® is a globally recognized manufacturer of hand-held, bench-top and automated soldering tools for industrial, trade and consumer use. Cutting, desoldering, motion control, fume extraction and filtration solutions add to Weller’s wide array of industrial use products.

“Apex Tool Group brings numerous flagship brands in several key product categories to the IBC industrial buying group. Having ATG in our preferred supplier family greatly enhances the portfolio of high-quality, solutions focused products available to our members and their end user customers,” stated Mark R. Higgins, IBC Business Development, Relations and Recruitment.

Industrial buyers served by the IBC network of independent distributors represent the automotive, aerospace, power generation, food and beverage, medical, chemical and paper industries, among others. In the U.S., it is estimated that independent distributors account for nearly two-thirds of all industrial supply chain sales.

For more information about Apex Tool Group, please contact Scott Stephens, Regional Sales Director, at scott.stephens@apextoolgroup.com or visit www.apextoolgroup.com.

For more information about IBC, please contact Mark R. Higgins, Business Development, Relations and Recruitment via email at mhiggins@industrialbuyers.com or visit www.industrialbuyers.com.

About Apex Tool Group

Our portfolio of over 30 innovative brands includes many category leaders, such as SATA®, GearWrench®, Weller®, Wiss®, Lufkin®, Cleco® and Crescent®. ATG also manufactures select, premier private label mechanics tools. Across the board, our tools stand for quality, innovation and value. Known for solving seemingly impossible problems, they are intuitive and simple to use, yet indispensable.

ATG works collaboratively with distributors, retailers and large customers across the globe to make sure end users have the tools they need to solve real-world problems. Our unique category management approach provides customers with end-user data, market research and voice of the customer insight, which helps drive inventory, display and promotion decisions. Plus, our truly global footprint enables us to serve customers’ needs in a way we couldn’t if we were a regional player.

About IBC

IBC is a robust and dynamic alliance of industrial, bearing and power transmission, electrical, and subassembly Independent Distributor Members with locations throughout the U.S. plus parts of Canada, Mexico and the Caribbean. The organization provides end-user customers with multiple plant locations a streamlined and cost-effective purchasing source for national and regional contracts. IBC provides its Independent Distributor Members and Preferred Suppliers with the tools, resources, and market access needed to thrive in today’s competitive marketplace, including a unique collaboration forum. IBC is a Hispanic Minority Business Enterprise (MBE) certified by the National Minority Supplier Development Council (NMSDC).

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IBC Contact:

Jane Spatcher McAlpine – Director of Marketing
jmcalpine@industrialbuyers.com
Office: 860-246-1618 ext. 128
Fax: 203-286-1081

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