Reynolds and Son acquires Plimpton Tool
Reynolds and Son Inc., Vermont’s largest privately-owned industrial supply company, announced the acquisition of Plimpton Tool Company Inc., of Springfield, Vermont.
“This acquisition will add 40 new cutting tool manufacturers to our existing cutting tool category. This, in combination with our inventory management business approach, will enhance our product and service offering to all our customers,” said president and owner Todd Goulette.
In a press release, the company said the acquisition adds depth to Reynolds and Son’s industrial sales division, complementing its vendor-managed inventory (VMI) and vending solutions programs. Combined with its compressed air and fire service divisions; and special services such as lifting and rigging expertise and power tool repair, the purchase of Plimpton Tool strengthens Reynold’s total product and service offerings.
Reynolds and Son Inc., founded in 1874 and headquartered in South Barre, Vermont, operates offices in Rutland and in Colchester, and serves all of Vermont, northern New York and western New Hampshire.