jabberwoki
Well-known member
Alloy artifacts has nothing?
What do you wankers know good tools or not history? yada yada!
What do you wankers know good tools or not history? yada yada!
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Whats the story on Easco tools
- Thread starter jabberwoki
- Start date
SMKS
Well-known member
Taken from Alloy Artifacts:
http://home.comcast.net/~alloy-artifacts/moore-drop-forging.html
In 1990 Easco was bought by Danaher.
http://www.nytimes.com/1990/02/21/business/company-news-danaher-acquires-easco-hand-tools.html
http://home.comcast.net/~alloy-artifacts/moore-drop-forging.html
The Formation of Easco
In 1967 Moore Drop Forging was acquired by the Eastern Stainless Steel Corporation, a maker of stainless and specialty steels, and by 1969 the company had been restructured as the Easco Corporation. Easco continued the Moore contract for production of wrenches and socket tools for Sears, and also offered a line of hand tools under the Easco brand.
In 1990 Easco was bought by Danaher.
http://www.nytimes.com/1990/02/21/business/company-news-danaher-acquires-easco-hand-tools.html
Reuters
Published: February 21, 1990
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The Danaher Corporation, an auto parts manufacturer, and Easco Hand Tools Inc. said they had entered into a merger agreement under which Danaher would acquire Easco in a stock-for-stock transaction valued at about $125 million.
Under the agreement, each share of Easco common stock will be converted into 0.4175 share of Danaher common stock, or about $6.31 a share. The transaction, which has been approved by both boards, is still subject to approval by shareholders of both companies and regulatory bodies. Shares of Danaher, based in Washington, fell 25 cents today, to $14.875, on the New York Stock Exchange. Shares of Easco, based in Hunt Valley, Md., were unchanged at $5.625 in over-the-counter trading.
Last edited:
Dale B
Well-known member
Yup , It was founded in 1901 ,it's in Hunt valley Md. and is a division of Danaher. Get those Vegemite smudges off your screen and you will find things easier ... bwahahahaha......
Look under Moore Drop Forge on the AA website. Basically, Moore started producing for Sears in 1938. They started producing the "V" series of Craftsman tools in the 40's. In 1967 Moore was bought out and by 1969 it had been restructured into Easco. Easco was bought out in 1990 by Danaher.
For the most part Easco = Craftsman. They had slightly different designs but the quality is about the same. The Craftsman quality started to slide sometime after Easco was purchased by Danaher. I think the Easco brand was disco'd at the time of the Danaher buyout.
For the most part Easco = Craftsman. They had slightly different designs but the quality is about the same. The Craftsman quality started to slide sometime after Easco was purchased by Danaher. I think the Easco brand was disco'd at the time of the Danaher buyout.
I'm pretty sure that in the 80's it was part of the KD group...KD Easco tools. When I was young I worked my parents travel agency as a domestic reservationist. I remember KD Easco as one of our good clients. Early 80's probably.
They were based in / arond Lancaster PA at that point.
I could be wrong, I was really, really young.
They were based in / arond Lancaster PA at that point.
I could be wrong, I was really, really young.
plumbstupid
Well-known member
I don't believe KD was part of the original Easco family. I worked at the Springdale,Arkansas plant in the 90's and my parents worked there in the 70's and 80's. That plant started out as Moore's drop forge. Later it became Easco and then Danaher and now Apex. I believe Armstrong,Allen and K-D became part of the group with The Danaher buyout