A & E Incorporated, a privately held company announced they have purchased the operating assets of the Zim Manufacturing Co.
Zim Manufacturing, established in 1919, is a manufacturer of automotive specialty tools, including piston ring compressors, and valve spring compressors.
Products are sold to automotive tool OEM's, major tool distributors, industrial distributors, and major fleet maintenance/repair operations. The company manufactures under their own brand name (ZIM), and on a private label basis.
"This acquisition will give A & E additional product categories to add to its line of proprietary hand tools," said Ian Lang, A & E's Executive Vice President.
A & E produces hand tools for professional automotive technicians under private label to all the large tool companies in the United States and overseas. A & E's tools are also distributed to the consumer, Industrial and OEM markets under its own trade name of LANG TOOLS.
Lang also announced that A & E Incorporated would be moving the Zim business into its manufacturing plant located in Racine.
"We look forward with a great deal of enthusiasm to this latest acquisition as A & E continues to expand its product offerings to its customers," the company says.