Dan,
One informed hunch I have would be Arrow Tools Company, Buffalo, NY. Although their brand looked more like this... >>>-ARROW-->, I can see them playing with multiple brands, and the brand on those punches, with the depiction of an arrow behind the word "TOOLS", could easily be interpreted as Arrow Tools. If you want to see some pics, I had a very nice adjustable crescent type wrench (now traded to another GJ member) with their name and brand stamped on it, shown here on GJ last year, linked here.

Not that I am aware of. Blackhawk used an Indian head profile in various styles through the years, initially on the sockets themselves, and later as a logo on labels and decals, but I don't believe they used an arrow. I could be wrong.I was sort of leaning to the Native American side-like maybe Blackhawk as a arrow might have come into play?
Not that I am aware of. Blackhawk used an Indian head profile in various styles through the years, initially on the sockets themselves, and later as a logo on labels and decals, but I don't believe they used an arrow. I could be wrong.
Think I may have owned some tools with this same marking on them-must have sold them? Anyone know the mfgr.?