Apex Tool Group segments its business by product type, in line with the organization structure used by management for making operating and investment decisions and for assessing performance. Apex Tool Group's three business segments include:
The Hand Tools segment consists of the business operations providing mechanics tools, trade tools, specialty tools, chain, truck boxes, jobsite storage, and drill chucks to a broad range of industrial maintenance, commercial and residential construction, automotive repair, and consumer customers worldwide.
The Power Tools segment consists of the business operations providing electric, pneumatic, and air tools, as well as high performance bits, torque measurement, metal cutting, and drilling solutions to the global automotive, aerospace, energy, and general industry and assembly markets.
Professional Electronic Tools
The Professional Electronic Tools segment consists of the business operations providing precision soldering, cutting, motion control, and air ventilation solutions to electronics assembly industries.
The company’s products are sold through national industrial distributors, contractor supply houses, automotive tool and equipment distributors, and many independent regional and specialized distribution partners. Certain consumer retailers, home centers, and hardware stores also sell the company’s private-label products alongside the company’s own brands.