Our History

The Legacy Behind Our Tools

Behind every tool is a legacy of engineering, innovation, and the companies that helped build
Continental Tool Group, Inc. Discover the milestones that shaped our journey.

Experienced global partners

Our partners bring decades of experience supporting and growing companies around the world, helping build strong brands and lasting global businesses.

Over the years, Continental Tool Group, has partnered with founders to transform strong ideas into businesses with a global presence. Today, that legacy continues at Continental Tool Group, with more than 24 million tools sold worldwide and trusted by professionals around the globe.
Founded

Hy-Tech Engineered Solutions

Hy-Tech started manufacturing air tool parts in Pittsburgh, PA in 1923. Our products under the brand names of ATP, Thor and Thaxton are sold in the U.S. and international markets.

1923

Founded

JIFFY® Air Tool

Market leading solutions provider specializing in hand held, limited access, pneumatic drilling and fastener installation tools. Support a growing post war commercial aircraft industry in Southern California.

1940's

Founded

P&F Industries, Inc.

Manufacturer and importer of pneumatic hand tools, including sanders, grinders, drills, and impact wrenches, serving the aerospace, industrial, automotive, and DIY markets.

1963

Founded

FLORIDA PNEUMATIC Mfg. Co.

FLORIDA PNEUMATIC Manufacturing Corporation has a global manufacturer and distributor of air tools, pipe threading equipment and intake compressor filters.

1970's

Moved

JIFFY Air Tool

Moved to current facility in Carson City, NV., offering an extensive line of specialty hand-held pneumatic tools for airframe assembly,

1977

Acquisition of

FLORIDA PNEUMATIC Mfg. Co.

Global manufacturer and distributor of air tools, pipe threading equipment, and intake compressor filters.

1984

Acquisition of

UNIVERSAL TOOL™ (UT)

North America primarily serves the industrial and aerospace market.

1985

Established in

AIRCAT® Pneumatic Tools

Established in 1998, the AIRCAT tool line provides substantially reduced noise levels while retaining maximum power and torque.

1998

Acquisition of

P&F Industries, Inc.

The company operates through subsidiaries, marketing tools under brands such as AIRCAT, Universal Tool, Jiffy Air Tool, and ATP.

2007

Acquisition of

UNIVERSAL AIR TOOL Company Limited (UAT)

P&F Industries, Inc. acquired UNIVERSAL AIR TOOL Company Limited (UAT). Europe primarily serves the industrial and automotive market.

2014

Acquisition of

Exhaust Technologies, Inc. (AIRCAT Pneumatic Tools)

P&F Industries, Inc. acquired Exhaust Technologies, Inc.

2014

Acquisition of

JIFFY Air Tool, Inc.

A Nevada based corporation that manufactures and distributes pneumatic tools and components, primarily sold to aerospace manufacturers. Products made in USA.

2017

Acquisition of

Blaz-Man Gear, Inc. & Gear Products & Mfg, Inc.

Hy-Tech Engineered Solutions completes the acquisition of Blaz-Man Gear and Gear Products & Manufacturing; both Chicago based companies specializing in the manufacture and distribution of custom gears and power transmission gear products.

2019

ShoreView Industries acquires P&F Industries

Including all brands; and renames P&F Industries Continental Tool Group, Inc. a corporation established in 1964.

2023

Continental Tool Group Acquired

DESCO Mfg. Co.

DESCO is a manufacturer of surface preparation equipment for the Industrial and Naval industries.

2025