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Ideal Industries

American manufacturer of electrical connectors and tools From Wikipedia, the free encyclopedia

Ideal Industries
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Ideal Industries is an American company that produces connectors, hand tools, testers, and meters for the electrical and telecommunications industries.[2]

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The company manufactures many of its products in the United States.[3] It also owns Pratt-Read, one of the largest American-made producers of screwdrivers respectively at the time of their acquisition.[4]

It is a competitor to Klein Tools and Greenlee Tools and its tools are sold at Lowe's and Ace Hardware stores as well as many independent distributors.[5]

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History

Ideal was founded in 1916 by J. Walter Becker as the Ideal Commutator Dresser Company in Chicago, Illinois, manufacturing commutator dresser stones.[6] In 1924, Becker relocated the company to its current location in Sycamore, Illinois.[7] By 1949, it had become the United States' leading producer of wire nuts.[8]

In 2010, Ideal acquired three American hand tool manufacturers: Western Forge in January,[9][10] Pratt-Read in March,[11][12] and SK Hand Tools in August.[13][14][15]

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IDEAL Subsidiaries

  • Anderson Power Products
  • Cree Lighting (formerly a segment of Wolfspeed)
  • Enatel
  • Lacelok
  • Power Puck

Former Subsidiaries

References

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