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Business Profile: IDEAL INDUSTRIES, INC.

August 2017

For 100 years, IDEALINDUSTRIES has developed a successful formula, committing to develop new innovations and fostering relationships with customers, employees, business partners and the community.

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IDEAL INDUSTRIES, INC. SECURES GOVERNMENT AWARD, KICKS-OFF BIDDING TO SUPPLY AMERICAN-MADE TOOLS TO US MILITARY

August 22, 2017

Jim James, Chairman and CEO of IDEAL INDUSTRIES, INC., a global, diversified family-owned business designing and manufacturing superior products and tools for professional tradesmen across various industries, announced today the US government’s approval of a five-year multiple award schedule (MAS) contract, which grants IDEAL full access to bid for contracts to manufacture and supply their American-made tools to military and government personnel.

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Business Profile: IDEAL INDUSTRIES, INC.

August 2017

For 100 years, IDEALINDUSTRIES has developed a successful formula, committing to develop new innovations and fostering relationships with customers, employees, business partners and the community.

read more

SK PROFESSIONAL TOOLS LAUNCHES E-COMMERCE SITE

May 11, 2017

Most techs are now buying their tools and gear online with smart phones, tablets and desktops, so SK Professional Tools has just launched a state of the art e-commerce site (www.SKTools.com) offering auto pros scroll and click access to its line of legendary automotive tools.

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ATTENTION PROFESSIONAL TRADESMEN: IDEAL NATIONAL CHAMPIONSHIP WANTS YOU FOR ELITE ELECTRICIANS COMPETITION

March 28, 2017

Jim James, Chairman and Chief Executive Officer of family-owned IDEAL INDUSTRIES, INC., announced today open registration for the second annual IDEAL National Championship. The competition, debuted last year as a way to honor and showcase the abilities of electrical professionals, students and apprentices from across the U.S., is returning to search and crown new elite champions, as well as award over $500,000 in cash and prizes.

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IDEAL INDUSTRIES INC. Acquires CMD LTD, UK's Leading Maker of Custom, Commercial Electrical Power Solutions

Jan 4, 2017

IDEAL INDUSTRIES, INC. Chairman and CEO Jim James today announced the acquisition of CMD Limited UK, which integrates power and technology with furniture for a broad range of large scale office and commercial markets. Both companies are privately owned with CMD headquartered North of London in Rotherham, South Yorkshire, United Kingdom.

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IDEAL INDUSTRIES, INC. Names Kohler Exec and Ex-NCR Leader to Board of Directors

Dec 13, 2016

IDEAL INDUSTRIES, INC., a global, diversified family-owned business designing and manufacturing American-made superior products and tools for professional tradesmen across various industries, announced today the appointment of Christopher Baldwin, Kohler President, Kitchen & Bath Americas, and Peter Dorsman, retired Executive Services Vice President of NCR Corporation, to the IDEAL Board of Directors.

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IDEAL National electricians competition energizes professional tradesman and students/apprentices across america

November 16, 2016

IDEAL® Electrical, the world leader in electrical tools and wire termination, honored and showcased the abilities of electrical professionals and students/apprentices from across the country in a series of final head-to-head, bracket-style competitive challenges at Disney’s Coronado Springs Resort in Lake Buena Vista, Florida on November 11–12.

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IDEAL INDUSTRIES, INC. TAPS JIM DAVIDSON TO RUN SK PROFESSIONAL TOOLS UNIT

AUGUST 23, 2016

IDEAL INDUSTRIES, INC. Chairman and CEO Jim James today announced the promotion of Jim Davidson to General Manager of the company’s legendary SK Professional Tools business unit. Davidson had been running the IDEAL Innovation Center for the last six years and has extensive expertise in both manufacturing and marketing. Davidson was also instrumental in the company’s acquisition of SK in 2010. He replaces Joe Saganowich who has taken a leadership position in a sports marketing company closer to his home near Raleigh, North Carolina.

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IDEAL FAMILY COUNCIL CHAIR & DIRECTOR MEGHAN JUDAY DISCUSSES FAMILY BUSINESS, OFFERS ADVICE IN MARKETPLACE REPORT

July 26, 2016

The problem with family businesses is that they’re businesses run by families. The most notable current example is the family drama around media mogul Sumner Redstone. The 93-year-old patriarch sits atop a media empire stretching from MTV to CBS, and is embroiled in lawsuits and family infighting centered around, ultimately, who will control that empire and that wealth

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FAMILY-OWNED U.S. MANUFACTURING COMPANY IDEAL INDUSTRIES INC. CELEBRATES CENTENNIAL

August 02, 2016

IDEAL INDUSTRIES INC., a global, diversified family-owned business designing and manufacturing superior products and tools for professional tradesmen across various industries, has thrived for the past 100-years under four generations of family ownership. The company credits its continuous growth to their ongoing commitment to support innovation and foster ideal relationships with their customers, business partners, employees and community.

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IDEAL CEO Jim James Comments On UK EU Referendum and Its Potential Effects for the Manufacturing Industry

June 23, 2016

The United Kingdom is about 4,000 miles away from the U.S., but its decision on whether to leave the European Union has the potential to affect U.S. suppliers with operations there.

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IDEAL INDUSTRIES, INC. ANNOUNCES NATIONAL ELECTRICIANS COMPETITION

April 5, 2016

Jim James, Chairman and Chief Executive Officer of family-owned IDEAL INDUSTRIES, INC., today announced the first-ever IDEAL National Championship. As part of IDEAL’s centennial celebration, the three-round competition was created to honor and showcase the abilities of electrical professionals, students and apprentices from across the U.S. IDEAL Electrical, the world leader in electrical tools and wire termination, will begin the competition with a series of preliminary events where winners are awarded with tool kits and an opportunity to compete in the semi-finals and finals at Walt Disney World® in Orlando.

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Ideal Industries: Building a Recruiting Pipeline

Ideal Industries may be a traditional business, but the Sycamore, Ill., manufacturer includes some innovation in the mix when it comes to recruiting and retaining talent in the 2010s.

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IDEAL INDUSTRIES, INC. to Install Lighting System at Wrigley Field

December 15, 2015

Ideal Industries’ wireless energy management system has been selected to provide lighting for new parts of Wrigley Field.

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PTEN Announces 2015 Innovation Awards

August 4, 2015

PTEN magazine has announced the winners of the 2015 Innovation Awards. This year, the publication received a record 117 product nominations.

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IDEAL BEGINS CONSTRUCTION ON NEW MANUFACTURING FACILITY TO SUPPORT CONTINUED GROWTH

May 14, 2015

At its groundbreaking ceremony in the Sycamore Prairie Business Park, IDEAL INDUSTRIES, INC. of Sycamore Illinois, celebrated the beginning of a construction process that will result in a new manufacturing facility of 220,000 square feet. It will replace several existing facilities in the area and provide additional capacity within the existingproduct lines as well as support new product launches which are being announced simultaneously with the construction.

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IDEAL makes the list - Interactive Health Announces 2014 “Healthiest Companies in America”

Thousands of employees’ lives were transformed – and some saved – by companies honored today as winners of Interactive Health’s “Healthiest Companies in America” award.

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Wireless Lighting Control System Scales Up for Complex Sites

May 12, 2015

Bringing Bluetooth and WiFi to lighting controls is nothing new, but scaling them to larger facilities can cause issues. At Lightfair 2015, Sycamore, Ill.-based lighting-connector maker IDEAL announced Audacy, a system suited for large installations that can bring big energy savings.

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IDEAL announces the launch of Audacy wireless energy management system

May 5, 2015

im James, Chairman and Chief Executive Officer of family-owned IDEAL INDUSTRIES, INC. today announced the launch of the Audacy™ wireless energy management system, targeted for the retrofit, new construction, retail, and institutional lighting markets. “There is tremendous global demand for superior energy management systems that enable facilities executives and design engineers to drive down both installation and operating costs across large-scale projects,” said James. “We expect rapid and substantial growth from an expanding Audacy product line over the next several years.”

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From Quarterly Pressure Cooker to Ultimate Long-Horizon View - From CFO.com

Like many executives at large public companies, Carmelle Giblin traded down to a smaller one in order to get her first CFO job. But the cultural shift had to do with a lot more than scale.

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Managing For The Long Term - 5 Organizational Priorities To Keep Your Business Booming

The most successful business owners are true to themselves and their customers. They are clear about what they want out of life and business, and possess an incredibly honest and realistic view of their skills, strengths and weaknesses. They have a knack for making customers want them regardless of price and set high expectations for quality. Many people in business get lost in the chase. They forget who they are, what they are working for and what they’re good at. They chase any dollar and wind up behind rather than ahead, always stressed out and scrambling to make a buck.

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SK X-Frame Ratcheting Wrench One of the 8 Most Important New Car Tools of 2014 According to Popular Mechanics

Four years after declaring bankruptcy and being bought by Ideal Industries, American toolmaker S-K delivers its first new product. With an innovative new ratcheting mechanism that features three pairs of inner teeth, or pawls, S-K's ratcheting wrench rotates a bolt in just 1/3 of the typical arc swing, making it perfect for spaces that allow limited movement. The extra teeth also mean more power, but with the outer set of teeth connected directly to the I-beam frame, the power dissipates evenly. Welcome back, S-K.

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SK Hand Tool's New Owner Commits to U.S.-Made Product Lineup

At a time when many U.S. tool manufacturers have moved all or some of their production overseas, the revitalized SK Hand Tool Corp. is committed to its lineup of exclusively American-made tools, said Walt Sedlacek, SK’s director of sales and marketing.

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Ideal Electrical Appoints Matt Barrett Central Region Manager

January 10, 2014

IDEAL INDUSTRIES, INC., one of the world's largest manufacturers and suppliers of quality tools, connectors and testing products for electricians and data communications contractors, announced today that Matt Barrett, a veteran electrical industry sales executive, has been promoted from National Account Manager to Central Region Manager. He will report directly to Terry Stevens, the company's Vice President of Sales for its North American Electrical Division.

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

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.

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Ideal Electrical Promotes Terry Stevens To Vice President of Sales for North American Electrical Division

NOVEMBER 21, 2013

IDEAL INDUSTRIES, INC., one of the world's largest suppliers of tools, testers and supplies for professional electricians, today announced the promotion of Terry Stevens to Vice President of Sales for its North American Electrical Division. Stevens replaces Joe Saganowich who was recently appointed Vice President/General Manager of IDEAL Subsidiary, SK Hand Tool (www.skhandtool.com).

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Versatile PrepPro™ Strips all Coax Types Plus Removes Jackets From Twisted Pair Cables

June 24, 2013

IDEAL INDUSTRIES, INC. has expanded its full line of data communications supplies with a new coax/UTP cable preparation tool that eliminates the need to carry multiple tools or to make frequent tool adjustments based on the type of cable being stripped.

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