Zephyr Tool Group

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ZEPHYR TOOL GROUP ACQUIRES ASSETS OF MARTIN AIRCRAFT TOOL CO.

LOS ANGELES, Calif., Aug. 31, 2015 — Zephyr Manufacturing Co. Inc. (d/b/a Zephyr Tool Group), a leading designer and manufacturer of assembly tools and tooling systems for the aerospace and industrial industries, announced today it has signed an agreement for certain Intellectual Property rights of Martin Aircraft Tool Co. of Fountain Valley, Calif.

The agreement gives Zephyr Tool Group the rights to market, manufacture and sell Martin tools. Zephyr also acquired some inventory of finished and semi-finished goods, drawings, blueprints and the trade name from Martin, which manufactured standard and special cutting tools, fastener installation and removal tools since 1939.

"We are very excited and honored to carry on the Martin name and continue to service the market with the Martin brand tools"

Earl Houston, President of Zephyr Tool Group
Zephyr Tool Group