GreatStar Tools USA Acquires High-Performance Professional Hand Tools Brand, SK Professional Tools
GreatStar adds the established American-made tool brand to its current portfolio with plans to maintain US-based manufacturing and widen distribution
SADDLE BROOK, N.J., October 28, 2021 - GreatStar Tools USA, a leading manufacturer of hand tools serving DIV, professional and industrial markets worldwide, announced today its acquisition of SK Professional Tools, a leading provider of high-quality hand tools for professionals across a variety of industries, most notably the automotive industry. As part of the acquisition, which officially took place on June 30, 2021, GreatStar plans to invest in SK Professional Tools product innovation and expand distribution, offering customers more opportunities to purchase these tools.
"GreatStar is thrilled to have the opportunity to reinvigorate another iconic American tool brand with the acquisition of SK Professional Tools, leveraging our unique position in the US hand tool market to bolster both product innovation and distribution," said Gary DuBoff, Group President and CEO, GreatStar Tools USA. "For more than 100 years, SK Professional Tools has cultivated a loyal following that goes back for generations, and we're committed to maintaining the same legendary quality and outstanding service that customers expect."
Dedicated to maintaining US-based manufacturing, GreatStar will transition a large portion of SK Professional Tools product line to its manufacturing center in Williamsport, PA, in 2022. The facility currently produces heavy-duty wet/dry vacuums for category leader Shop-Vac, which was acquired by GreatStar In December 2020.
GreatStar adds SK Professional Tools to its growing portfolio of US tool brands including Pony Jorgensen woodworking clamps; Goldblatt concrete, masonry and tile tools; Arrow Fastener stapling tools, glue guns and rivet tools; Prime-Line Products window and security hardware; and Shop-Vac wet/dry vacuum cleaners.
About SK Professional Tools
Today, as part of GreatStar Tools USA, SK Professional Tools manufactures over 3,000 products, continuing our commitment to providing American-made innovation to the toughest tradesmen in the world. SK has been trusted by generations of mechanics for its broad line of high-quality, American-made tools that includes sockets, wrenches, ratchets, hammers and screwdrivers.
About Hangzhou GreatStar Industrial Co., Ltd.
Established in 1993, GreatStar is the leading manufacturer of hand tools in Asia, serving DIY, professional and industrial markets worldwide. GreatStar also manufactures a full range of specialty tools for drywall, masonry, painting, tiling, plumbing and automotive applications, as well as power tools, tool sets and flashlights. GreatStar's culture of innovation, firm commitment to R&D and extensive customer insight ensue their leading brands and high-quality products meet the specific needs of the consumers and professionals they serve. For more information, visit www.greatstartools.com.