In its 101st year, Australian tool manufacturer Sutton Tools has acquired another long-standing Melbourne-based manufacturer, Carb-I-Tool Pty Ltd.
Founded by Neil Hamilton in 1974 and located in Moorabbin, Carb-I-Tool offers a wide range of woodworking and engineering tools through a national network of industrial and hardware retailers.
We see Carb-I-Tools as an excellent addition to our existing business. Their range of solid carbide tools extend our own range. In addition, their catalogues of woodworking products, saws and cutter- sharpening equipment broaden our own industrial and trade tool ranges, and will enable us to enter into other sectors, both domestic and international.
Carb-I-Tools founder, Neil Hamilton, said, “I am delighted that Carb-I-Tools will continue to serve the Australian market as it has done for 44 years. Acquisition by Sutton Tools, now a global business, offers the opportunity to take our quality and innovation further afield.”
All current management and staff at Carb-I-Tool will remain with the business and will continue to trade under the Carb-I-Tool banner as a division of Sutton Tools Pty Ltd.
About Carb-I-Tool Pty Ltd
Carb-I-Tool was founded by Neil Hamilton in 1974 as a home-based business reselling carbide-tipped saw blades. Recognising the demand for good quality carbide-tipped router bits, the company leased a small factory to manufacture them, later acquiring Australia’s only other provider, Stanley T-Cut. Subsequent diversification included acquisitions of Meyer Precision Grinding and C&S Saws. Today, Carb-I-Tool offers an extensive range of woodworking and engineering products plus niche tooling services to the industrial, trade and consumer retail sectors. www.carbitool.com.au
About Sutton Tools Pty Ltd
Founded in 1917, Sutton Tools began as a family enterprise, manufacturing threads and gauges, and over time has expanded its expertise into a broader portfolio of cutting tools. Today, Sutton Tools remains an Australian family business that is renowned for its high-quality power tool accessories and cutting tools for the hardware market and a wide range of specialised industrial applications. Sutton Tools, which won a Manufacturer of the Year award at the 2017 Victorian Manufacturing Hall of Fame, manufactures cutting tools at two sites across Victoria, both for the domestic market and for export. www.suttontools.com.au