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Apex Fastener Tools Completes 80 Successful Years of Delivering Innovative and Quality Products

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Apex Tool Group, LLC
670 Industrial Boulevard
Lexington, SC, 29072
USA



Press release date: December 11, 2013

Dayton, OH – Apex Fastener Tools, a division of Apex Tool Group L.L.C., is proud to announce that it has completed 80 successful years in business. Founded in 1933 in Dayton, Ohio, Apex has grown to become one of the world’s largest manufacturers of industrial fastener tools such as industrial-quality screwdriver bits, sockets, extensions, and adapters, as well as universal joints for aerospace and commercial applications. Apex provides high-performing tools for the automotive, aerospace, energy, electronics, transportation, and other general industrial manufacturing applications.

"On the occasion of our 80th anniversary, we would like to thank our customers, employees, manufacturer’s representatives and the community, for their contributions to our success," said Vipul Agarwal, Global Product Manager, Apex Fastener Tools. “Due to our unwavering focus on customer satisfaction and quality, the Apex brand today is synonymous with performance, service, and innovation,” he added.

Like any other small manufacturer, Apex started with engineers pushing pencils across drawing boards. However, over the past eight decades Apex has grown with the demands of industry and the ever evolving use of technology and now uses 3-D modeling and Finite Element Analysis to develop and design new concepts in industrial fastener driving solutions.

Due to a constant focus on advanced engineering and product innovation, the company has been able to continuously launch industry-leading products. The Iron Band™ universal wrench was developed as a safety improvement to our standard industrial grade universal wrench product line. The U-Guard covered line of tools was developed to reduce customer product rework due to scratches or dents caused by the driving tools. It has since become the industry leading product and has been implemented in large assembly plants to mitigate safety issues by allowing the driving tools to spin freely inside the covers. Apex has developed combination sockets that will drive two different size fasteners with the same tool. This simplifies the assembly station by reducing the tools needed to do the job. Simplification of assembly stations also reduces tripping risks and safety concerns. These are just some of the innovations that Apex has developed over the years in response to our customer’s problems and needs.

To mark this significant event, the company held a “birthday party” of major proportions in Dayton, OH on November 14. Associates, retirees, sales reps, and even the Mayor of Dayton attended the celebration. Acknowledging the milestone event, Mike Renfro, Director of Operations in Dayton said: "Apex looks back today at an eventful 80-year journey, throughout which the company has contributed significantly to the advancements in the fastener tools industry. We take pride in our ability to solve our customers’ most difficult problems.”

Speaking on the occasion, Gary Leitzell, the Mayor of Dayton, commented: ““Congratulations and much appreciation to the Apex Tool Group for their service and quality work over the years. As a City, Dayton has changed many times since 1933. Manufacturing has also changed. When those changes can happen together and for the betterment of a region and an industry, we must celebrate the generations of employees that have served in that process.”

About Apex Fastener Tools:
Apex® Fastener Tools is a business unit of Apex Tool Group, LLC (www.ApexToolGroup.com). For over 80 years Apex has maintained a position of leadership in industrial fastener tools and has been THE trusted name for the most demanding industrial applications. As the leading innovator in industrial bits, sockets, extensions, and adapters, Apex products can be found in the most challenging production environments. For more information on Apex Fastener Tools, please contact your authorized Apex distributor or visit www.ApexPowerTools.com; Email: Vipul.Agarwal@apextoolgroup.com; Telephone: 800.845.5629; Fax: 803.951.7576

About Apex Tool Group:
Apex Tool Group (ATG) is one of the largest manufacturers of professional hand and power tools in the world, serving the industrial, vehicle service and assembly, aerospace, electronics, construction and serious DIY markets.  Our portfolio of over 30 innovative brands includes many category leaders, such as Apex®, Dotco®, Quackenbush®, Recoules®, SATA®, GearWrench®, Weller®, Wiss®, Lufkin®, Cleco® and Crescent®. ATG also manufactures select, premier private label mechanics tools. Across the board, our tools stand for quality, innovation and value. Known for solving seemingly impossible problems, they are intuitive and simple to use, yet indispensable. ATG works collaboratively with distributors, retailers and large customers across the globe to make sure end users have the tools they need to solve real-world problems.

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