NSI Industries, LLC, a provider of electrical and control products, announced last week that it is merging with Platinum Tools to expand its product portfolio and market reach. Platinum Tools’ datacom products are used for the preparation, installation, hand termination and testing of wire and cable.
“The Platinum Tools product portfolio is entirely complementary to our NSI electrical solutions and will add immediate category depth,” said G. R. Schrotenboer, CEO of NSI Industries. “Platinum 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.”
Platinum Tools’ 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’s market reach.
“Our 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,” said Lee Sachs, president, Platinum Tools. “We are excited about this partnership with NSI Industries and the value it will bring to our respective customers.”
Founded in 1997, Platinum Tools employs approximately 40 people and will continue to operate out of Newbury Park, Calif.
