C.H. Hanson Acquires Palmgren

Palmgren line includes drill press and general purpose vises, drill presses, bench grinders and more.

Hand tool manufacturer C.H. Hanson announced at STAFDA that it has purchased Chicago’s Palmgren Steel Products, completing an acquisition that C.H. Hanson leaders say will pay big dividends for customers.

“Palmgren has always been a trusted brand name in the industrial marketplace, but the business had struggled recently with deliveries, stock-outs and an undefined strategy to help its customers grow,” said C.H. Hanson President Phil Hanson. “Customers now will enjoy better service, better selection and better deliveries as we apply the Hanson standards that have guided us for generations to the Palmgren product line.”

Those products include industry-leading drill press vises, general purpose vises, drill presses, bench grinders and more.

The acquisition – which features a 147-year-old company buying one that’s 94 years old – was completed Oct. 23. C.H.

Hanson moved Palmgren’s manufacturing and warehousing to its Naperville facility the next week and began shipping Palmgren products Nov. 4.

“Industrial distributors want to do business with fewer suppliers,” Hanson said. “This helps us meet that need while expanding our product offerings. We’re proud to have the opportunity to burnish the Palmgren brand, grow its base, infuse innovation into its product line, and bring outstanding performance back to its core value proposition, all in the name of serving customers better than ever before.”

Also effective Nov. 4, Ernie Torkilsen has been named C.H. Hanson’s director of sales for Palmgren products. He comes from the Colovos Co., where he ran Palmgren sales for six years.

Walter Szotek, who began his career at Palmgren Steel Products, has been named V.P. of Manufacturing – Palmgren. Torkilsen and Szotek have more than 65 years of combined experience in the design and manufacturing of workholding tools and equipment.

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