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Banking Klein Tools acquires Minnesota company

Klein Tools acquires Minnesota company

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Mansfield-based Klein Tools Inc. and Tenacious Holdings Inc. – the parent company of safety equipment company Ergodyne – announced Sept. 5 that Klein Tools has acquired Ergodyne. Ergodyne will be operated as a separate business unit in St. Paul, Minnesota, at its current headquarters. Tom Votel will remain president and continue to lead the Ergodyne team.

Klein Tools is an American brand and business that is now on its sixth generation of family ownership. Klein has facilities throughout the United States and a state-of-the-art manufacturing headquarters in Mansfield. Klein has been in business since 1857, designing, developing and manufacturing premium-quality, professional-grade hand tools.

Ergodyne, founded in 1983, has spent the last three decades developing safety gear and training solutions for the workspace.

“Ergodyne and Klein Tools have much in common, including our commitment to innovation, safety, our customers and our reputations for producing high-quality products,” Tom Klein Jr., co-president of Klein Tools, said in a news release. “We believe that our combined resources and expertise will enable us to grow more quickly together than we could have separately. We’re excited to welcome Ergodyne to the Klein Tools team.”

Together, Klein and Ergodyne plan to expand their brands and leverage their combined expertise, years of experience and industry know-how to accelerate innovation in the safety products space, the companies said in the news release.

“We couldn’t be more excited to join the Klein brand and family,” Tom Votel, president of Ergodyne, said in the release. “Our company has seen tremendous success over the last three decades within the safety space, and we can’t wait to propel that forward with this historic partnership.”

kleintools.com

ergodyne.com

– FWBP Staff

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