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MARSHALLTOWN HAMMER, a wholly owned subsidiary of MARSHALLTOWN, announced the purchase of all Vaughan & Bushnell Manufacturing Co. assets.
“I am thrilled that MARSHALLTOWN HAMMER has successfully acquired the assets of Vaughan Manufacturing—it hasn’t been an easy process and their willingness to stay in the game reflects their commitment to building back this legacy manufacturer,” says Kim Pierce, MAEDCO president/CEO and representative for the Bushnell Development Corporation. “This is a major retention project for us and we’re all looking forward to the positive impact this will have on our community as a whole.”
Since its inception in 1869, the Vaughan brand has been synonymous with quality, innovation and American manufacturing. This position was solidified in 2018 under the leadership of fifth generation president Charlie Vaughan, when Vaughan acquired Dasco Pro Inc., a manufacturer of chisels and punches.
“I’m so excited we were able to make this purchase happen,” says MARSHALLTOWN president and CEO Joe Carter. “While it’s clear the work has only just begun, I’m confident—with the amazing employees at Vaughan and the community of Bushnell’s support—we can rebuild the incredible Vaughan brand and, ultimately, grow.”
This purchase of assets aligns with MARSHALLTOWN’s tradition of strategic market expansion and dedication to manufacturing high-quality, American-made tools. Moving forward, MARSHALLTOWN plans to leverage the brand built by five generations of the Vaughan family and provide customers—new and existing—with an expanded catalog of superior hand tools and equipment.
“Our companies are extremely well-aligned, sharing a common customer base and dedication to American manufacturing,” Carter says. “With this purchase, we strive to offer our collective customer base an even broader range of industry-leading, innovative hand tools and equipment.”
