Belvidere, IL, USA (February 22, 2017) Acument Global Technologies® – Fontana’s leader in the Americas market – and the licensee Apex Tool Group, have recently celebrated fifty years of collaboration. The successful partnership originates from the development of Torx® Drive fitments. Torx® is Acument’s iconic high-performance drive system.
Marty Bieschke, Director of IP & Licensing at Acument Global Technologies®, states: “It was now fifty years ago that the Apex Tool Group, then known as the Apex Machine and Tool Company, signed the license to develop the first Torx® drive tools that helped launch the product into the market. Today, ATG remains one of the main suppliers of quality Torx® tools used in every corner of the world. We congratulate them on their milestone achievement of Fifty Years producing Torx® tooling.”
An award was presented to Apex Tool Group on February 22, 2017, to commemorate this achievement.