Mayhew Tools to acquire Ken-Tool's OldForge and Carica product lines

Mayhew Steel Products has announced its acquisition of Ken-Tool's OldForge and Carica product lines. The transaction includes Ken-Tool's manufacturing facility in New Wilmington, Pa., plus trademark rights to the Oldforge and Carica brands and all products currently being manufactured and marketed by Ken-Tool under those brands. The Oldforge product line consists of pneumatic accessories and specialty tools and the Carica product line consists of telescoping and unique specialty tools.

"We are excited to acquire the equipment in the New Wilmington facility as well as the skilled workers who know their products and equipment so well," says John Lawless, president and owner of Mayhew Steel Products."Mayhew needs the added capacity to support our expansion and growth in our automotive aftermarket product lines."

Ken-Tool's owner and president, Alec Pendleton, adds: "This move assures that Ken-Tool can focus its future on improving the manufacturing and development of our core tire service equipment and hand tool product lines.  Every effort will be made to ensure that this transfer to Mayhew will not disrupt the supply of Oldforge and Carica products to our customers."

This acquisition is targeted for Feb. 1, 2008. Customers, vendors and other parties affected by this transaction will be notified directly with transition plans.