Klein ToolsÂ®, America's Tool Industry Leader, Enters Australian Market With Significant Financial Investment And Strategic Partnership With Mumme Tools
LINCOLNSHIRE, Ill., Sept. 17, 2013 /PRNewswire/ -- Klein Tools, the number one hand tool choice of professional electricians in the United States, today announced its entry into the Australian market through a significant financial investment and strategic partnership with Mumme Tools, Australia's leading mining tool manufacturer.
Klein and Mumme entered into a partnership to combine Klein Tools' superior line of professional hand tools with Mumme's large distribution network to increase each company's respective market share. Klein is the only major tool manufacturer worldwide focused on electrical and utility applications. Klein offers a full line of electrical tool products, using only the highest quality materials and superior workmanship to continually deliver the best performing and longest-lasting tools. Together, these companies provide a full range of quality hand tools built for strength and durability.
"With an estimated $19 billion market in electrical services, we know there is an enormous demand in Australia for a full line of superior tool products," said James Van Huis, Klein Tools' vice president of international sales. "Our partnership with Mumme Tools will allow us to meet that demand and surpass customer expectations for high-quality hand tools."
Klein Tools and Mumme Tools are holding a showcase event today with current and prospective retailers and distributors to display the newest and most innovative products, including the launch of a new line of insulated pliers and cable cutters. Made in the U.S., the pliers and cable cutters offer a multi-color, sleek design with small thumb guards for a more comfortable grip as well as ease of handling and storage. The pliers have an enhanced safety element as they are clearly marked with the official 1000-volt rating symbol to reduce the chance of injury when the tool may make contact with an energized source.
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