On March 14, NSI Industries, LLC (Huntersville, NC), a provider of electrical and control products, announced a merger with Platinum Tools (Newbury Park, CA), a move that NSI says will have the effect of "expanding its product portfolio and market reach, while creating new value for a wide range of customers."
As stated on its website, "with innovative and respected products and brands including TORK mechanical and digital time switches, photocontrols and occupancy sensors and Polaris, the original pre-insulated connector, NSI has provided 40 years of innovative, profitable and quality solutions to its distributor partners." The company adds, "NSi's sustained level of success is attributable to a constant focus on its distributor partnerships and helping them find new ways to be successful." NSI's full range of products can be seen here.
Platinum Tools is known as a market-leading provider of award-winning products for the preparation, installation, hand termination and testing of wire and cable. Named the top brand leader in the Tools & Testers category in CE Pro Magazine’s 2018 Brand Analysis report, Platinum Tools was also recently awarded two 2018 Cabling Innovators Awards from Cabling Installation & Maintenance magazine. Platinum Tools’ product 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.
“The Platinum Tools product portfolio is entirely complementary to our NSI electrical solutions and will add immediate category depth,” said G. R. Schrotenboer, chief executive officer, 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.”
“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,” concluded Lee Sachs, president, Platinum Tools. “We are excited about this partnership with NSI Industries and the value it will bring to our respective customers.”