{"id":2400,"date":"2019-03-14T14:26:59","date_gmt":"2019-03-14T21:26:59","guid":{"rendered":"https:\/\/www.platinumtools.com\/sections\/?p=2400"},"modified":"2019-03-15T13:54:25","modified_gmt":"2019-03-15T20:54:25","slug":"nsi-merger-platinumtools","status":"publish","type":"post","link":"https:\/\/www.platinumtools.com\/sections\/news-and-events\/nsi-merger-platinumtools\/","title":{"rendered":"NSI Industries Acquires Platinum Tools"},"content":{"rendered":"

NSI Industries Acquires Platinum Tools<\/strong><\/p>\n

HUNTERSVILLE, N.C., March 14, 2019 \u2013 NSI Industries, LLC, a leading provider of electrical and control products, today announced the acquisition of the Newbury Park, California-based Platinum Tools\u00ae, expanding its product portfolio and market reach, while creating new value for a wide range of customers. Platinum Tools is a market leader of award-winning datacom products, driving the innovation for the preparation, installation, hand termination and testing of wire and cable.<\/p>\n

\u201cThe Platinum Tools product portfolio is entirely complementary to our NSI electrical solutions and will add immediate category depth,\u201d said G. R. Schrotenboer, chief executive officer, NSI Industries. \u201cPlatinum 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.\u201d<\/p>\n

Platinum Tools\u2019 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, which expands NSI\u2019s market reach.<\/p>\n

\u201cOur 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,\u201d said Lee Sachs, president, Platinum Tools. \u201cWe are excited about this partnership with NSI Industries and the value it will bring to our respective customers.\u201d<\/p>\n

Named the top brand leader in the Tools & Testers category in CE Pro Magazine\u2019s 2018 Brand Analysis<\/a> report, Platinum Tools was also recently awarded two 2018 Cabling Installation & 2018 Cabling Innovators Awards<\/a> from Cabling Installation & Maintenance magazine.<\/p>\n

Founded in 1997, Platinum Tools employs approximately 40 people and will continue to operate out of Newbury Park.<\/p>\n

For additional information about NSI\u2019s and Platinum Tools\u2019 product solutions, please visit www.nsiindustries.com<\/a> and www.platinumtools.com<\/a>.<\/p>\n

About Platinum Tools<\/p>\n

Platinum Tools, founded in 1997, was founded with two very simple objectives. First, to develop the absolute best possible solutions for the preparation, installation and hand termination of wire and cable. Second, to implement an operational infrastructure that can deliver these products in an efficient, timely and high-quality manner. All Platinum products are designed around three critical benchmark criteria \u2014 utility of function; quality of function; and economic value. The company prides itself on its skilled and dedicated workforce, all of whom are focused on attaining the highest possible product knowledge and customer satisfaction, with an ongoing willingness to learn and adapt.<\/p>\n

About NSI Industries<\/p>\n

NSI Industries is a leading provider of electrical products covering over 25 product categories, addressing all the needs of electrical contractors and their customers. NSI\u2019s has many innovative and respected products and brands including: TORK\u00ae<\/sup>\u00a0mechanical and digital time switches, photocontrols and occupancy sensors; WarriorWrap™<\/sup> electrical tapes; and Polaris\u00ae<\/sup>, the original insulated connector. Providing over 40 years of innovative, profitable and quality solutions to its distributor partners, NSI\u2019s\u00a0sustained level of success is attributable to a constant focus on its distributor partnerships and helping them find new ways to be successful.\u00a0For more information about NSI Industries and its products, visit www.nsiindustries.com<\/a>.<\/p>\n

Contact:<\/p>\n

Diane Sabo, Director of Marketing<\/p>\n

diane.sabo@nsiindustries.com<\/a><\/p>\n

(800) 841-2505 Ext. 191<\/p>\n","protected":false},"excerpt":{"rendered":"

NSI Industries Acquires Platinum Tools HUNTERSVILLE, N.C., March 14, 2019 \u2013 NSI Industries, LLC, a leading provider of electrical and control products, today announced the acquisition of the Newbury Park, California-based Platinum Tools\u00ae, expanding its product portfolio and market reach, while creating new value for a wide range of customers. Platinum Tools is a market leader of award-winning… Read more »<\/nobr><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/posts\/2400"}],"collection":[{"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/comments?post=2400"}],"version-history":[{"count":9,"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/posts\/2400\/revisions"}],"predecessor-version":[{"id":2411,"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/posts\/2400\/revisions\/2411"}],"wp:attachment":[{"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/media?parent=2400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/categories?post=2400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.platinumtools.com\/sections\/wp-json\/wp\/v2\/tags?post=2400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}