|Product type||Hand tools|
|Owner||Apex Tool Group|
|Previous owners||Crescent Niagara Corporation, Crescent Tool Company, Cooper Tools|
Crescent, originally called the Crescent Tool Company, is a brand of hand tools. Founded in 1907, the Crescent brand has changed ownership multiple times. It is currently owned by Apex Tool Group, LLC as part of its Hand Tools division. It is best known for its style of adjustable wrench.
The Crescent Tool Company was founded in Jamestown, New York, by Karl Peterson and Edward J. Worcester in 1907. It is considered "one of the crown jewels of Jamestown's industry". The company soon became known for its adjustable wrenches.
The only tools that Charles Lindbergh took on his famous 1927 solo flight across the Atlantic were pliers and a Crescent brand wrench. In fact, Lindberg said that he took only "gasoline, sandwiches, a bottle of water, and a Crescent wrench and pliers". Also, there was a rumor that Richard Evelyn Byrd, on his initial journey to Alaska, had a Crescent wrench in his provisions.
An 1857 patent by Edward J. Worcester is a progenitor of modern adjustable wrenches. The Swedish company Bahco and inventor Johan Petter Johansson are also credited with the design of modern adjustable wrenches.
The Crescent Tool Company was acquired by a group of investors in 1960 after Marvin Peterson, Karl's son, sold it. The company was renamed the Crescent Niagara Corporation. In 1968, Crescent Niagara was acquired by Cooper Industries. In 2010, the tool divisions of Cooper Industries and Danaher Corporation formed a joint venture, Apex Tool Group, LLC. The brand is currently owned by Apex Brands, Inc. the intellectual property entity of Apex Tool Group.
- US 1133236
- "Crescent Tool Company: Adjustable Wrenches". Alloy Artifacts. Retrieved 2010-02-07.
- Crocker, Kathleen; Currie, Jane (2004). Jamestown. Portsmouth, New Hampshire: Arcadia Publishing. p. 40. ISBN 0-7385-3515-X. Retrieved 2010-02-08.
- Fifield, Will (June 2007). "A Century of Success". Costco Connection. Retrieved 2010-02-08.
- "The Crescent Wrench Turns 100". BuildingOnline. 2007-12-12. Retrieved 2010-02-08.
- US 17531
- "Crescent Tool Company: Company History". Alloy Artifacts. Retrieved 2010-02-07.