Cornwell Tools

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Cornwell Quality Tools
Private
Industry Manufacturing
Founded 1919 in Cuyahoga Falls, Ohio
Headquarters Wadsworth, Ohio
Products Professional hand tools
Website www.cornwelltools.com

Cornwell Quality Tools , a privately held company, manufactures tools for the automotive and aviation industries.[1] The company is based in Wadsworth, Ohio. Cornwell remains as one of two remaining mobile tool companies who still produces their own handtools in house at their Albion, Pennsylvania foundry and Mogadore, Ohio machining plants. USA sourced steel is used at these locations to create a more consistent, better quality product than that of overseas manufacturers. They also carry a lifetime warranty on all hand tools. Cornwell recently acquired Kennedy Manufacturing, Van Wert, Ohio. Kennedy produces their own Kennedy branded line of tool storage products. Cornwell also carries various air, cordless electric, diagnostic, and hand tools from other manufacturers. This is the same practice as Mac, Snap-on, and Matco, who together make up the four major flags of the mobile tool business.[2]

The company was founded in 1919 by Eugene Cornwell, a blacksmith from Cuyahoga Falls, Ohio. Cornwell is the only privately owned mobile tool distribution business in the U.S.[3]

Cornwell Tools are sold by local tool distributors who own a territory by means of a franchise.[4] The franchise owner drives to the work locations of potential customers, and typically offers financing to individuals buying their tools. Cornwell trucks are typically white with large blue and black Cornwell Ironman logos on their sides.

Cornwell was sued for fraud in a class action lawsuit by 8 former Cornwell Dealers in Bacharach v.Cornwell Quality Tool Co.[5]

The Better Business Bureau of Akron Ohio where Cornwell Quality Tool Co. is headquartered gives the company an A- Grade (as of Jan 2015).[6]

The US Small Business Administration lists the Franchise operators of Cornwell Tool, Matco, and MAC having SBA loan failures in excess of 30% as of Dec, 2014.

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