Content about Tools

August 29, 2012

Channel analysis
Consumer research from The NPD Group shows that after a slight sales dip in the 12 months ended July 2011, the drills category has seen a boost back to levels above those of two years ago. Dollar volume from August to July rose 8.4%, with most dollars overall (61.9%) spent in warehouse home centers.

August 29, 2012

Makita 18V LXT Series

March 16, 2012

A product that easily and securely stores ladders overhead was unveiled by Racor at the 2012 International Home + Housewares Show.

Called the “Racor Ladder Lift” the new product uses a rope and pulley system along with a fixed hook that is mounted on the ceiling. Easily lift and lower a 150lb ladder up to 12 feet by simply lifting the ladder onto the fixed hook, attaching the strap to the bottom of the ladder, and pulling the rope.

March 12, 2012

Ideal Industries, a manufacturer of tools and suppliers for electrical contractors, has named Jim James as the vice chairman of its board of directors. James, who also serves as president and CEO, will assume these additional duties immediately.

James joined Ideal Industries in August 2008 as president and CEO. Previous to that, he served as president of ITW Building Components Group, a division of Illinois Tool Works.

December 8, 2011

Ladder maker Werner rolled out a new, compact three-piece aluminum extension ladder designed to get in and out of tight spaces.

The Greenville, Pa.-based company said the new line lets 16-ft. extension ladders go where they have never gone before -- around corners, through doors, in elevators and through narrow stairwells. The ladders provide the same reach as a standard extension ladder, but in a compact, easy-to-use design without compromising the quality, safety and reach of a traditional two-piece extension ladder.

October 19, 2011

Stanley Black & Decker, the New Britain, Conn.-based manufacturer of tools, security hardware and other products for the home, reported revenues of $2.6 billion for the third quarter of 2011, an 11% rise from sales of $2.3 billion in the same quarter a year ago. The company attributed the gains to 4% organic growth, 3% from currency and 4% from acquisitions.

Net earnings reported for the quarter were $155 million, compared with $123 million in the third quarter of 2010.

December 1, 2010

If the 2010 holidays are anything like last year, grills, drills and hand tools are...