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Follow on Google News | Bailey Tools & Supply Purchases the Assets of Indianapolis Distributor Capitol Contractors SupplyBailey Tools & Supply, Inc. has purchased the assets of Indianapolis distributor Capitol Drilling & Contractors Supply.
With the October 1, 2009 transaction, Bailey Tools & Supply, Inc., which sells professional- Seventy two years ago Harry M. Bailey started Bailey Machine Co. in his Louisville garage after his employer was shutdown from the flood of 1937. The company was primarily a machine shop until 1941 when Harry began selling power tools. In 1964 Robert L. Bailey (Bob), Harry’s son, became president and second-generation family owner and continued to build the business until his retirement in 1992. Now, the third generation – Robert L. Bailey, Jr., president, and Steven H. Bailey, vice president – is expanding further. Robert Bailey, Jr., said, “This purchase complements our current lines of construction- Bailey Tools also operates a Safety Division called Bailey Safety Supply that specializes in fall protection, confined space and other PPE (personal protective equipment) products. Find out more about Bailey Tools at www.BaileyTools.com or call 1-800-999-4533. # # # Bailey Tools & Supply, Inc., which sells professional- End
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