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Bailey Tools & Supply, Inc. Purchases the Assets of Indianapolis’ Capitol Drilling & Contractors Supply

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Bailey Tools & Supply, Inc. of Louisville, KY has purchased the assets of Indianapolis distributor Capitol Drilling & Contractors Supply

Louisville, KY – Bailey Tools & Supply, Inc. of Louisville, KY has purchased the assets of Indianapolis distributor Capitol Drilling & Contractors Supply, 5430 Rock Hampton Court, Indianapolis, IN.

With the October 1, 2009 transaction, Bailey Tools & Supply, Inc., which sells professional-grade power tools, construction equipment, construction supplies, safety products, tool repair service and rental items, now has sales locations in Louisville, KY; Evansville, IN and Indianapolis, IN.

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-related equipment and adds top-quality brands such as STIHL and Honda Power Equipment. We’re delighted to bring additional product options to current customers of both Bailey and Capitol.”

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.

© 2009 Cygnus Business Media. Displayed by permission. All rights reserved.

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