Date: Wed, 17 Dec 1997 23:07:18 GMT
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Tool Group
Tool Group

- Line of Business:
- Standard and special die components and precision parts
-
- Market Segments:
- Die builders, automotive, appliance, can making, plastic molding
-
- Locations:
- Dayton Progress Corporation - Dayton, Ohio
- Manufacturing Locations:
- Dayton, Ohio; Portland, Indiana; Weston, Ontario; Warwickshire, England; Frankfurt, Germany; Tokyo, Japan
- Jamestown Punch and Tooling, Inc. - Jamestown, New York
- Line of Business:
- Carbide cutoff and grooving tool systems, superhard inserts, carbide rotary cutting tools
- Market Segments:
- Automotive, automotive suppliers, bearings, agriculture/construction equipment, aerospace
- Locations:
- Manchester Tool Company - Akron Ohio
- Dico Corporation - Auburn Hills, Michigan
Recent Developments
The Group further enhanced its competitive position in both the can tooling and European precision punch markets
through two small acquisitions which will begin to contribute to the group's sales and earnings in the fourth quarter of
1996.
Operating Highlights - 1995
- The Tool Group sales represented 16 percent of Federal Signal's total sales for 1995.
- 1995 earnings increased 21% on a sales increase of 8%.
- Dayton Progress and Jamestown produced record sales and earnings, an outstanding year after a modest start.
- The cutting tool segment, consisting of Manchester Tool and Dico Corporation, achieved double-digit growth.
Manchester added four international distributors.
For information regarding the Tool Group, e-mail us
info@federalsignal.com
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