Hand & Edge Tool Manufacturing Industry

NAICS: 332216

For additional companies see the Cutlery & Handtool Manufacturing Industry

Hand & Edge Tool Manufacturing Market Share: Largest Companies in the Hand & Edge Tool Manufacturing Industry

Company	Headquarters	Revenue ($ MM)
PRECISION METALS GROUP	Mentor, OH	100
RP TOOLS	Houston, TX	55
INLAND MIDWEST	Elmhurst, IL	45
LIE-NIELSEN TOOLWORKS	Warren, ME	33
GREAT LAKES CARBIDE TOOL MFG I	Peshtigo, WI	32
MERITOOL	Salamanca, NY	23
U.S. BLADE MFG.	Cranford, NJ	16
PRECISION COMPONENTS & ASSEMBLIES	Saint Peters, MO	16
PRECISION SAW WORKS	Polkton, NC	15
COMAL COUNTY ERECTORS	Seguin, TX	15
GENERAL LAWN & EQUIPMENT	Ballwin, MO	13
EXCEL HOBBY BLADES	Paterson, NJ	12
STEWART KNIVES	Escanaba, MI	12
HYDMECH USA	Conway, AR	11
QUALTOOL	Tavares, FL	11
TAYLOR DESIGN GROUP	Carrollton, TX	11
INTEGRITY SAW & TOOL	Fond Du Lac, WI	10
R&J ENTERPRISES	Princeton, MN	10
HUBBARD TOOL & DIE	Rome, NY	10

This is a list of the largest companies active in the Hand & Edge Tool Manufacturing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Hand & Edge Tool Manufacturing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Hand & Edge Tool Manufacturing Companies

A list of competitors in the Hand & Edge Tool Manufacturing industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Hand & Edge Tool Manufacturing businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Hand & Edge Tool Manufacturing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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