Iwen Tool Supply
Home Improvement & Hardware Retail · Michigan, United States · 11-50 Employees
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Overview
Headquarters
5920 Dixie Hwy, Saginaw, Michigan, 48601...Phone Number
(989) 777-7101Website
www.iwentool.comRevenue
$6.6 MillionIndustry
About Iwen Tool Supply
In 1974, Ralph and Janet Iwen created a sole proprietorship called Iwen Tool Supply Company. Ralph, who had previous launched and run RICO Tool Company for 15 years, brought in his son-in-law, Ermin Sallmen, and the two men worked part time out of a bedroom in the Iwen's home. Things moved more quickly than anyone expected. Shortly thereafter, Ermin devoted himself full-time to ITSC as a sales rep. The Iwens' youngest daughter, Shawn, joined the team to manage accounts receivable while simultaneously attending college. This was the birth of the company motto: Lowering cost by increasing productivity. Even when the business grew to four times its size, the Iwens kept things close, bringing in friends to process the orders that were constantly flowing in, continuously maximizing productivity and, in turn, keeping costs low for customers. It goes without saying customers appreciate low costs and efficient timetables, and it led to ITSC finally incorporating in 1988, with all the principleRead more
SIC Code 50,508NAICS Code 42,423Show moreIwen Tool Supply Org Chart
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In 1974, Ralph and Janet Iwen created a sole proprietorship called Iwen Tool Supply Company. Ralph, who had previous launched and run RICO Tool Company for 15 years, brought in his son-in-law, Ermin Sallmen, and the two men worked part time out of a bedroom in the Iwen's home. Things moved more quickly than anyone expected. Shortly thereafter, Ermi... Read More