Market News
Global Hand Tools Market - Recent Developments
- On May 13, 2022, TIMCO, a wholesale supplier of MRO (Maintenance, Repair and Operations) supplies and tools, introduced an expansive collection of hand tools, comprising 150 meticulously crafted items of superior quality, assuring the performance that trade experts depend upon. This comprehensive range caters to diverse tasks, ranging from striking and demolition to bricklaying, plastering, sawing, cutting, clamping, and measuring. Meticulously curated, the TIMCO Hand Tools series is tailored for a wide spectrum of applications. The assortment encompasses an array of tool sets such as spanners, screwdrivers, spirits levels, files, and rasps. These sets complement the individual tools, enhancing the overall customer offering within specific categories.
- On April, 17, 2023, Milwaukee Tool Corporation has introduced the launch of new products that involve 9’Lineman’s Pliers, Diagonal Cutting Pliers, 2 Phillips 4” cushion grip screwdrivers, etc.
- On September 29, 2020, Snap-on Incorporated (NYSE: SNA), a prominent worldwide pioneer, producer, and promoter of tools, equipment, diagnostics, repair guidance, and comprehensive solutions for skilled individuals engaged in essential operations, has declared the procurement of AutoCrib, Inc. ("AutoCrib") assets for an approximate cash sum of $36 million on September 28, 2020.
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