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IDEAL Appoints Joe Saganowich Vice President/General Manager of SK Hand Tool Subsidiary

SYCAMORE, IL, NOVEMBER 21, 2013 – IDEAL INDUSTRIES, INC., today named Joe Saganowich Vice President/General Manager of its SK Hand Tool subsidiary. Saganowich, a 15-year IDEAL veteran, most recently led the company's North American Electrical Division as Vice President of Sales and Marketing. He played a key role in refocusing the IDEAL brand on its core values to gain market share in electrical tools, testers and connectors, while accelerating growth in data communications and other emerging technologies.

As Vice President/General Manager of SK Hand Tool, Saganowich assumes responsibility for leading the development and implementation of the subsidiary's strategic plans, for overseeing its day-to-day operations, and for driving its sales growth. He will report to Jeff Kellermann, Vice President/General Manager of the IDEAL Tool Group.

"We are extremely excited about the energy and direction Joe will add to SK. With his extensive background in sales and marketing, Joe will bring the focus needed for SK to continue to grow and be recognized as the iconic brand it has always been," said Kellerman. "Under Joe's leadership we will continue to bring the brand back as the preferred professional tools for mechanics, technicians, and maintenance professionals."

Prior to joining IDEAL, Saganowich held sales positions with Black and Decker, Sunoco Auto, and Pennzoil Auto.

With a product line of over 3,000 items, including wrenches, ratchets, sockets, screwdrivers, pliers, punches, chisels, and specialty auto tools, SK (www.skhandtool.com) is one of America's leading suppliers to the professional mechanic. Acquired by IDEAL in 2010, SK Hand Tool has maintained its manufacturing in the United States with forging facilities in Colorado Springs, CO and a new, state of the art manufacturing and distribution center in Sycamore, IL. Outlets for SK Hand Tool products include independent tool-truck dealers, auto parts stores, and major industrial catalog.

ABOUT IDEAL INDUSTRIES, INC.

IDEAL INDUSTRIES, INC. has been serving the electrical industry since 1916. IDEAL is one of the world's leading manufacturers of professional quality tools and supplies serving installation professionals in the construction, maintenance, data communications and original equipment manufacturing industries.

Editorial Contacts:

Dan O’Connell
O’Connell Communications, Inc.
708-482-0212
dan@oconnellpr.com

Dorothy Heckle
IDEAL INDUSTRIES, INC.
800-435-0705
dorothy.heckle@idealindustries.com

©2013 IDEAL INDUSTRIES, INC. All rights reserved. All products and names mentioned are the property of their respective owners. While IDEAL has made every effort at the time of publication to ensure the accuracy of the information provided herein, product specifications, configurations, prices, system/component/options availability are all subject to change without notice.

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