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New start for General Tools & Instruments
New York City-based General Tools & Instruments is beginning a new chapter in its colorful (black and yellow) history.
The company was acquired by New York City-based investment firm Highroad Capital Partners in February. Terms of the deal were not released. But in an interview with HCN at the National Hardware Show, principals from Highroad Capital said they liked what they saw in the tool company, and vice versa.