The transaction is expected to close in mid-2024, subject to the requisite approval by Starrett’s shareholders and other conditions to closing.
Starrett to Become Private Company
The private equity firm reached an agreement to take the tool and equipment maker private.
www.inddist.com
So are Starrett tools now a hard pass? Or hoard as many as you can.? I think we all know what will happen to USA made Starrett tools.... See SK.
They are always sought after at real estate auctions.
My dad served as a Tool and Die maker for 30 years under Skilled Trades, so did my Uncles, and machinist talked highly about Starrett tools. Especially their small squares and Last Word indicators. Two worked for the largest independent maker of water and fuel pumps, and one for Blaw Knox Pavers.