FOR IMMEDIATE RELEASE
Iconic American Toolmaker Acquires Dasco Pro To Expand Market Reach
[Hebron, IL, May 15, 2018] Vaughan & Bushnell Manufacturing Co. (aka “Vaughan”), a world leader in the production and sale of hand tools, including hammers and prybars, is pleased to announce today that it has acquired substantially all the assets of Dasco Pro, Inc. (“Dasco”), an industry leader in the production of chisels and punches.
Dasco, located in Rockford, IL, has been forging and selling tools since 1922. They offer a broad range of high quality, forged hand tools for construction professionals, home improvement enthusiasts, and hobbyists alike.
“We are extremely excited about our acquisition of Dasco and combining these two great, venerable American companies” says Charlie Vaughan, company President. “This acquisition will expand our product offering within the same growing retail category, generate further economies of scale for our ‘Made in the USA’ manufacturing, and strengthen our competitive advantage against other tool manufacturers, both domestic and foreign”.
Dasco’s products will continue to be sold by Vaughan under the Dasco trade name