Products + Tools

Apex Tool: 50 years as TORX® licensee 05 July 2017

Acument Global Technologies Inc celebrated the anniversary of its most recent 50 year TORX® Drive system licensee – Apex Tool Group.

Based in Dayton, Ohio, USA, Apex Tool Group (ATG) became a licensee in 1967.
Howard Steele, director of global sales of ATG, commented: “Apex Tool Group is proud of our half-century relationship with Acument and its iconic TORX® drive systems. It is an honour to be one of the very first TORX® licensees, and over the years our customers have seen tremendous value in ATG being one of the few worldwide manufacturers selected to produce TORX® fitments.”
Marty Bieschke, director of IP & licensing, said: “The history of the TORX® drive system, now used worldwide in almost every industry, had its origins with the dedicated involvement of several key organisations without whose help this history would not have been possible. It was now fifty years ago that the Apex Tool Group, then known as the Apex Machine and Tool Company, signed the license to develop the first TORX® drive tools that helped launch the product into the market. Today, ATG remains one of the main suppliers of quality TORX® tools used in every corner of the world. We congratulate them on their milestone achievement of fifty years producing TORX® tooling.”

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