What happens next?

SK Tools has been around since the beginning of the 20th century and quickly became a leader in providing and manufacturing unique and standard hand tools. With their patented "round-head" ratchet, SK created one of the most popular ratchet designs that spanned across numerous other lines.

Who really knows what happened to a company that seemed unstoppable, but last Summer, they declared bankruptcy. Although some of their items were still lingering around warehouses across the country, with little or no guarantee of warranties being honored, most distibutors stopped selling these items all together.

For most consumers, the future of this company and all the wonderful tools they had created, was up in the air. Sk has since then been purchased by Ideal Industries and word on the street is things are to be up and running within the next 2 months.

Taking over a company and all its possible messes can be pretty ugly. Who knows what will happen to the long term future of SK/Ideal. I know my fingers are crossed for only good things.