Power Tool Manufacturer Dynabrade, Inc. Announces the Acquisition of National Detroit Pneumatic Tools
Dynabrade, Inc., the leading industrial abrasive power tool manufacturer, today announced that it has completed the acquisition of the assets of National Detroit, Inc., located in Rockford, IL, a manufacturer of pneumatic abrasive power tools. Terms were not disclosed. Production operations will be relocated to Dynabrade’s Clarence, NY headquarters.
Dynabrade President Ned Librock stated, “This acquisition is a natural fit for Dynabrade. National Detroit is a first-class company that shares our tradition and dedication to delivering exceptional quality and service to our mutual customers. This acquisition reflects Dynabrade’s continued growth and momentum in the abrasive power tool industry as well our confidence in our overall brand strength in global markets.”
“Dynabrade’s acquisition of National Detroit is significant because of its strategic importance for product line and distributor network expansion. Dynabrade’s strength in the marketplace combined with its existing customer base and industry contacts provide a strong foundation for significant revenue growth in the years ahead. We become an even stronger company.”
National Detroit’s product line includes random orbital and gear-driven sanders, buffers, polishers, grinders and related accessories serving customers in automotive, industrial, marine, solid surface and woodworking markets for 76 years.
For 46 years, Dynabrade has earned a reputation and position of continued leadership in the innovative design and manufacturing of unique portable abrasive power tools for grinding, deburring, filing, sanding. The company supplies high quality tools to customers through a worldwide network of professional distributors.
For more information, please visit:
www.dynabrade.com
Or contact:
customer.service@dynabrade.com
