Cornwell Quality Tools to Acquire Kennedy Manufacturing Co. - Modern Distribution Management

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Cornwell Quality Tools to Acquire Kennedy Manufacturing Co.

Acquisition enhances Cornwells engineering design and production capabilities.
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Cornwell Quality Tools Co., Wadsworth, OH, has agreed to acquire the business assets of KMC Holdings LLC from private investment firm JVA Partners LLC. The acquisition includes storage solutions manufacturer Kennedy Manufacturing Co. in Van Wert, OH. Terms were not disclosed.

Cornwell plans to move all of its foreign tool storage production to the Kennedy facility. This acquisition will enhance Cornwell’s engineering design and production capabilities for new products, and new tool box features and benefits.

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