NSI Industries, LLC, a provider of electrical and control products, announced a merger with the Newbury Park CA-based Platinum Tools, a move intended to expand its product portfolio and market reach. Platinum Tools’ portfolio includes cable management solutions, structured wiring products, tester kits, cutters, crimpers, and other products for electrical, industrial, security, audio/video, commercial, residential, datacom and telecom applications.
“The Platinum Tools product portfolio is entirely complementary to our NSI electrical solutions and will add immediate category depth,” G. R. Schrotenboer, CEO of NSI Industries, said. “Platinum Tools shares our dedication to offer the best quality products designed for efficient and easy installation, while bringing economic value to contractors, electricians and installers.”
“Our new combined strength, including our mutual commitments to delivering outstanding attention and service to our customers, creates substantial opportunities for us to offer a broad array of unique and industry-leading solutions to our customers,” Lee Sachs, President of Platinum Tools, added. “We are excited about this partnership with NSI Industries and the value it will bring to our respective customers.”
Founded in 1997, Platinum Tools employs approximately 40 people and will continue to operate out of Newbury Park. For further information regarding the merge, visit the NSI Industries website or the Platinum Tools website.