J&L Industrial Supply sells Strong Tool

Apr 22, 2002 9:30 PM  By

Metalworking tools marketer Kennametal and its J&L Industrial Supply catalog subsidiary sold their Cleveland-based Strong Tool Co. division to entrepreneur Cedric Beckett. Terms of the deal were not disclosed.

Latrobe, PA-based J&L Industrial had acquired Strong Tool, which also sells metalworking tools, four years ago. It decided to sell Strong Tool to “focus on building the profitability of our J&L catalog business,” Mike Wessner, J&L’s chief operating officer, said in a statement.