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Bon Tool Co. Acquires Operating Assets of Plank-Ti, Inc.


Bon Tool Co., Gibsonia, Pa., has completed its acquisition of the operating assets of Plank-Ti, Inc. of Waynesboro, Va. This acquisition includes the tooling and equipment required to manufacture the Plank-Ti banding product, which is used to protect and salvage scaffold planks. Bon has offered the Plank-Ti product line for more than 20 years.

    

Bon brings over 60 years of experience in tool design, manufacturing and marketing to Plank-Ti’s customer base. Bon is adequately stocked and will immediately begin to serve previous Plank-Ti accounts from its Gibsonia, Pa., and Henderson, Nev., distribution centers.

 

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