Apex Tool Group (Formerly Danaher Tool Group & Cooper Tools)

Apex Tool Group was formed in July 2010 as a joint venture combining two premier tool manufacturers: Danaher Tool Group and Cooper Tools. Together, the two businesses will offer industrial, commercial, and do-it-yourself customers an unparalleled selection of over 30 leading brands, including Crescent, GearWrench, Armstrong, and Weller. Guided by a strong team of seasoned industry executives, the new company is dedicated to providing its customers with outstanding products, timely delivery, and customer service that is second to none. Apex Tool Group is committed to product innovation driven by listening to our customers and to continuous improvement in everything we do.

Company Name: Apex Tool Group
(Formerly Danaher Tool Group & Cooper Tools)

Headquarters: Sparks, Maryland USA
(North of Baltimore)

Number of employees: 7,600

Operations: over 30 countries around the world.

Revenues: approximately $1.2 billion

Industries served:

Hand tools, power tools, and tool storage for the do-it-yourself, manufacturing and assembly, automotive, aerospace, construction, and electronics sectors.

Apex Tool Group segments its business by product type, in line with the organization structure used by management for making operating and investment decisions and for assessing performance. Apex Tool Group's three business segments include:

• Hand Tools

• Power Tools
  The Power Tools segment consists of the business operations providing electric, pneumatic, and air tools, as well as high performance bits, torque measurement, metal cutting, and drilling solutions to the global automotive, aerospace, energy, and general industry and assembly markets.

• Professional Electronic Tools
  The Professional Electronic Tools segment consists of the business operations providing precision soldering, cutting, motion control, and air ventilation solutions to electronics assembly industries.
  
  
• The company’s products are sold through national industrial distributors, contractor supply houses, automotive tool and equipment distributors, and many independent regional and specialized distribution partners. Certain consumer retailers, home centers, and hardware stores also sell the company’s private-label products alongside the company’s own brands.

• Customers come first.  Our first priority is exceeding customer expectations for quality, delivery, value, and innovation.
  
  
• Integrity in all we do.  Integrity is the key to building strong relationships with co-workers, customers, suppliers, sales channel partners, and our communities.
  
  
• Continuous improvement in every aspect of our business.  Implement and sustain safe, lean processes to drive out waste and improve productivity.
  
  
• Innovation for growth.  Creative ideas implemented with speed keep us ahead.
  
  
• Best talent – one team.  Our employees are high performing, entrepreneurial individuals who know how to win as a team.