December 08, 2016 2:17 PM ET

Machinery

Company Overview of IRWIN Industrial Tool Company, Inc.

Company Overview

IRWIN Industrial Tool Company, Inc. manufactures and distributes professional grade hand tools and power tool accessories for trade professionals in the United States and internationally. It offers chisels, circular saw blades, clamps, drill bits, fastener drives, hammers, handsaws, impact accessories, levels and squares, linear edges, locking tools, marking tools, pipe wrenches, pliers and adjustable wrenches, screws and bolt extractors, screwdrivers, snips, tape measures, utility knives and blades, worksite products, and vises, as well as taps, dies, and sets. The company also provides support and services. Its products are used in trade areas, such as automotive, carpet installer, do-it-y...

8936 Northpointe Executive Drive

Suite 200

Huntersville, NC 28078

United States

Founded in 1934

Phone:

800-464-7946

Fax:

800-866-5742

Key Executives for IRWIN Industrial Tool Company, Inc.

President
Age: 55
President
Age: 51
Vice President, General Counsel and Secretary
Age: 47
Director of Marketing
Compensation as of Fiscal Year 2016.

IRWIN Industrial Tool Company, Inc. Key Developments

IRWIN Tools Introduces an Updated Line of One-Handed Bar Clamps and A New Line of Clamping Accessories to Allow Users to Do More with Quick-Grip Accessories

IRWIN Tools announced the launch of an updated line of One-Handed Bar Clamps (OHBC) and introduced a new line of clamping accessories. The new lines feature upgraded clamps for improved ease of use and a complete line of OHBC accessories that extend the functionality of the redesigned Heavy-Duty (HD) and Medium-Duty (MD) OHBC to enable users to transform their OHBC into a specialty clamp allowing them to accomplish many tasks with just one tool. The updated clamping line includes a Quick-Change push button for easy conversion into a spreader or for quick installation of the new accessories, and the swivel jaws are now removable to allow users the flexibility to modify the jaw position based on what each job requires. Consistent with the previous generation of OHBC that tradespeople trust now, the new Heavy Duty and Medium Duty OHBC can sustain 600 and 300 pounds of clamping force, respectively. The Heavy-Duty clamps are available in six sizes, and the Medium-Duty clamps are available in five sizes. The entire range also includes redesigned Mini and Micro clamps for a cohesive look and feel throughout the family of OHBC. The Mini is available in 6" and 12"; the Micro is available in 4-1/4. The new line of accessories aim to make users more efficient and productive throughout their day by increasing the number of tasks that can be completed with OHBC. Included in the new line are: Edge Clamp: Converts OHBC into an edge clamp to easily hold trim and edging on materials; Wide Pads: Doubles the width of the OHBC pads for even distribution of clamping force over a wider surface area; Corner Clamp: Transforms OHBC into a corner clamp for easy clamping of 90-degree angles; Clamp Coupler: Increases the bar length of OHBC by joining together two smaller clamps to make one larger clamp for tackling large projects; Hold-Down Jig: Turns OHBC into a table clamp for firmly holding items in the middle of a worktable; Deck Tool: Changes OHBC into a tool for lining up, spacing and holding boards in place for easy, accurate deck building; Stand: Expands usage of one-handed bar clamps to allow level clamping applications for projects like frames, caseworks and drawers. The new One-Handed Bar Clamps and Accessories are available at Lowe's, construction and industrial tool suppliers, and hardware store throughout the U.S. and Canada.

Irwin Tools Releases New Innovations in Performance Series Screwdriver Family

IRWIN Tools announced the launch of four new innovations to its Performance Series Screwdriver Family. Featuring a 3-Zone Comfort Grip for increased grip support and more control, the new screwdrivers offer a user-friendly, multi-tool design to accommodate a multitude of tasks tradespeople might face on the job. The latest innovations include the IRWIN Extending Driver, IRWIN 8-in-1 Ratcheting Screwdriver, IRWIN 6-in-1 Nut Driver SAE, and IRWIN 6-in-1 Nut Driver Metric. The Performance Series Screwdriver Family features heat-treated precision tips, chrome-plated shafts, performance grip for comfort and control, and an acetate core for durability. The new additions to the Performance Series Screwdriver Family include: IRWIN Extending Driver; with a shaft that can increase from five to 11 inches, the extending screwdriver allows users to access hard-to-reach places and tight spaces. Its quick-locking mechanism locks the shaft into seven different lengths to easily accommodate the user's need. The driver is insert- and power-bit compatible and includes five insert bits: 6-8 Slotted, 8-10 Slotted, and #1, #2, and #3 Phillips. IRWIN 8-in-1 Ratcheting Screwdriver; users require a variety of tip types and sizes on the job. While multi-drivers are popular, unique bits can be impossible to replace. The IRWIN 8-in-1 Ratcheting Screwdriver, featuring a three-way ratcheting mechanism, has convenient and compact storage for two double-ended power bits. These bits are not only easy to replace, but are also compatible with power tools. Convenient and compact in-handle storage provides quick and easy access to two double-ended impact power bits, one insert bit, and three nut driver sizes. The 8-in-1 Ratcheting Screwdriver includes: #1 and #2 Phillips, ¼" Slotted, T25, #2 Square, 1/4", 5/16" and 3/8" Nut Driver. IRWIN 6-in-1 Nut Driver SAE and Metric; The IRWIN 6-in-1 Nut Driver provides six different nut driver sizes in one compact hand tool with in-handle storage for double-ended sockets. The SAE model includes sizes: 1/4", 5/16", 11/32", 3/8", 7/16", and 1/2". The Metric model includes sizes: 6mm, 7mm, 8mm, 10mm, 11mm, 12mm. The new Performance Series Screwdrivers include the IRWIN hand tools' full lifetime guarantee and are currently available at construction and industrial tool suppliers, home centers, hardware stores, and throughout the U.S. and Canada.

Irwin Tools Releases Next Generation Circular Saw Blades

IRWIN Tools announced the launch of its next generation WeldTec Circular Saw Blade range. Manufactured in Italy, these blades feature exclusive welded carbide teeth for outstanding strength. The new blades are designed for construction, demolition and specialty applications. The WeldTec Circular Saw Blades, last longer3 with IRWIN's innovative WeldTec process, featuring carbide teeth welded onto the blades, not brazed; creating a tooth bond that is stronger than other blades4. Additional components reinforce blade strength and make for a long lasting blade delivering true, clean cuts: A PTFE (polytetrafluorethylene) non-stick coating reduced binding and gumming, increases cutting speed while dissipating heat damage; Perimeter vents strengthen the core of the blade and enable fast chip ejection; The laser cut plate with expansion control slots provide superior flatness over a broad temperature range with reduced warping and increased blade stability2. Manufactured for framing, ripping and trim/finish work, the WeldTec Construction Blades are ultra-thin kerf. This ultra-thin kerf blades' welded carbide teeth provide a 25% stronger tooth bond.5 The construction blades are available in 5-3/8" 18T, 5-3/8" 24T, 6-1/2" 24T, 6-1/2" 40T, 7-1/4" 24T, 7-1/4" 40T, 7-1/4" 60T, 8-1/4" 24T, 8-1/4" 40T, 8-1/12" 60T6 sizes and tooth counts. The 7-1/4" blades are large also feature ring tensioning for increased blade control. For ultimate durability in the most demanding applications7, the WeldTec Demolition Blades will feature welded demolition-grade carbide teeth, which have a 50% stronger tooth bond over traditional brazing methods8. Combined with specially designed tooth geometry, Every Other (EVO) with shallow Alternate Top Bevel (ATB) tooth grind, these blades deliver three times the nail cutting life.9 The WeldTec Demolition Blades will be available in 7-1/4'' 24T size and tooth count. The new WeldTec Construction Circular Saw Blades are currently available at construction and industrial tool suppliers, home centers, hardware stores, and throughout the U.S. and Canada. The WeldTec Demolition Blades will be available in late 2016. Suggested retail prices range from $9 to $60.

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