Granite City Tool Now Part of GranQuartz

 ST. LOUIS – GranQuartz L.P., a Harbour Group company, acquired Granite City Tool Company Inc. in a deal announced yesterday.

Terms of the transaction weren’t disclosed.

“Granite City and GranQuartz have been serving the same market for many years,” said Jeff Fox, Harbour Group chairman/CEO. “The combination of the two businesses greatly strengthens their ability to offer a broader line of products and expand their geographic reach.

“We look forward to bringing Granite City under our umbrella and to help them continue to grow their distribution reach.”

Since 1885, Waite Park, Minn.-based Granite City has distributed cutting tools, abrasives and ancillary products for the stone-cutting and monument industries. Granite City maintains several brand names including Rival®, Rival Bond™, Dia-Pro® and Nitro One Shot™.      

“We are excited about the addition of Granite City and believe their long term position in the upper Midwest and strong customer relationships will help us continue to grow our presence there and throughout the country,” said Dan Davidenko, GranQuartz president/CEO.

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