Everede Tool Co

What Everede Tool Co does

Everede Tool Company is a precision cutting tool manufacturer and multi-brand industrial tooling distributor founded in 1932 and headquartered in West Chicago, Illinois. The company produces and sources indexable boring bars, threading tools, grooving tools, spade drill holders, rotating tools, port tooling, inserts, and custom tooling solutions, serving end-customers in aerospace, automotive, medical device manufacturing, and general industrial machining. It positions its proprietary Everede-branded line as Made in USA and exempt from recent tariff regimes, while complementing the domestic line with two imported brands — Nine9 (Taiwan) and Duemmel (Germany) — distributed under exclusive US arrangements.

The business model is B2B and channel-led. Revenue is generated through sales to an authorized distributor network and direct e-commerce, with quote-based pricing, Net 10 payment terms, and a $5 handling surcharge on orders under $200 to discourage small-ticket friction. A dedicated distributor portal is operated on the BirdDog eCommerce platform, and the firm maintains an active presence at major US manufacturing trade shows (IMTS 2026, Advanced Manufacturing Expo) and across LinkedIn, YouTube, Instagram, Facebook, and X.

The company is privately held, employs 11-50 people, has no disclosed external funding rounds or subsidiaries, and holds membership in the United States Cutting Tool Institute (USCTI) and the Tooling Manufacturing Affiliates (TMA). Geographic reach spans the United States and Canada.

Name

Everede Tool Co

Legal name

Everede Tool Company

Website

https://everede.net

Company type

Private

Founded year

1932

Operating status

Operating

Headcount range

11–50 employees

Short description

Everede Tool Company, founded 1932 in West Chicago, Illinois, manufactures and distributes precision cutting tools across the Everede, Nine9, and Duemmel brands to aerospace, automotive, medical, and general manufacturing customers via a B2B distributor network in the USA and Canada.

Ownership category

akta.pro rank

Product category

Industrial Cutting Tools

NAICS

Cutting Tool and Machine Tool Accessory Manufacturing (333515), Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (333514)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

Keywords

• Precision cutting tools
• Indexable boring bars
• Industrial tooling solutions
• Threading and grooving tools
• Custom machining tools

Headquarters

HQ city

West Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Precision Cutting Tools Sales: Manufactures and sells high-quality precision cutting tools including indexable boring bars, threading tools, grooving tools, and related tooling solutions to industrial customers.
2. Brand Product Distribution: Distributes Nine9 products (imported from Taiwan) and Duemmel products (imported from Germany) alongside own Everede brand products, all manufactured products are Made in USA.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Everede Tool Company manufactures precision cutting tools, including indexable boring bars, threading tools, grooving tools, ANSI boring bars, small boring bars, inserts, and rotating tools under its own Made-in-USA Everede brand. The company also distributes partner brands Nine9 (Taiwan) and Duemmel (Germany) precision tooling lines in the North American market. Operations are headquartered in West Chicago, Illinois, serving aerospace, automotive, medical, and general manufacturing industries.

Product overview

Everede Tool Company is a precision cutting tool manufacturer and distributor founded in 1932, headquartered in West Chicago, Illinois. The company operates a multi-brand portfolio architecture consisting of three core product lines: (1) Everede - the primary American-made brand featuring indexable boring bars, threading tools, grooving tools, ANSI boring bars, small boring bars, rotating tools, inserts, and custom tooling solutions; (2) Nine9 - a Taiwan-manufactured brand specializing in spot drilling, engraving, and milling solutions including Micro Spot Drills, NC Spot Drills, ACE Spot Drills, NineBore System, MCC Mill, Chamfer Mills, and the X060 system; (3) Duemmel - a German-engineered precision tool brand distributed in North America, offering AxaLine, BM Line, FM Line, MF Tools, Mikromill, Minicut, Minimill, Nutstoßen, Rotaline, Stechdrehwerkzeuge, Swissline, System500, and Ultramini product lines. The products serve aerospace, automotive, medical, and general manufacturing industries. The company also maintains an e-commerce portal powered by BirdDog for distributor access and ordering.

Differentiator

Problem solved

Functional benefit

Brands

• Nine9: Partner brand for tooling solutions including spot drills, micro spotting tools, engraving tools, deburring tools, chamfer mills, helix drills, and boring tools.
• Duemmel

Products and services

• Everede Precision Cutting Tools Primary Made-in-USA brand of Everede Tool Company. Product line includes indexable boring bars, threading tools, grooving tools, ANSI boring bars, small boring bars, rotating tools, inserts, and custom tooling for industrial machining applications. Tariff-exempt under U.S. domestic production.
• Nine9 Precision Cutting Tools

Quantifiable outcome

• Help customers improve efficiency and achieve superior results

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Nine9coreChannel Partner/ Reseller/ DistributorNine9 is a Taiwan-based tooling manufacturer whose products are distributed by Everede Tool Company in the US market. Products include micro spotting, engraving tools, NC spot drills, corner rounding tools, i-Center indexable center drills, engraving tools, deburring tools, MCC Mill, chamfer mills, helix drills, super drills, and NineBore systems. Nine9 website is hosted at nine9.jic-tools.com.tw.
• DuemmelcoreChannel Partner/ Reseller/ DistributorDuemmel is a German tooling manufacturer whose products are distributed by Everede Tool Company. Products include AxaLine, BM-Line, FM-Line, MF Tools, Mikromill, Minicut, Minimill, Nutstoßen, Rotaline, Stechdrehwerkzeuge, Swissline, System500, and Ultramini product lines. Duemmel website is duemmel.de/en/.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• OSG USA: US subsidiary of OSG Corporation (Japan), providing taps, end mills, drills, and threading tools. Closely comparable to Everede in scale and product mix, with a similar mix of imported and US-stocked precision cutting tools.
• Precision Twist Drill (Star-SU): US manufacturer of precision twist drills, taps, and reamers, part of the Star-SU group. Directly comparable in scale and product mix to Everede's metal cutting tool offerings.
• GWS Tool Group: US-based specialty cutting tool manufacturer offering custom and standard drills, end mills, and reamers. Highly comparable in scale, niche specialization, and end-market mix to Everede.
• Guhring: German-founded precision cutting tool manufacturer with US operations. Closely comparable size and product portfolio to Everede, specializing in drills, end mills, and threading tools serving aerospace and medical.

Broad incumbents

• Kennametal: US-listed global supplier of metalworking tools and wear-resistant solutions. Competes head-to-head with Everede in precision boring and turning tooling across aerospace and general manufacturing, with substantially greater scale and R&D investment.
• Sandvik Coromant: Global market leader in metal cutting tools and tooling solutions, owned by Sandvik AB. Direct competitor to Everede in indexable boring, threading, and grooving tools, serving the same aerospace, automotive, and medical end markets.
• Walter Tools (Walter AG, part of Sandvik): German precision cutting tool manufacturer now part of Sandvik, competing directly with Everede's Duemmel-imported German product lines in milling, turning, and boring tools.
• Mitsubishi Materials USA: US arm of Mitsubishi Materials Corporation, offering indexable inserts, milling, and turning tools. Competes in the same aerospace and automotive precision-machining niches as Everede.
• Sumitomo Electric Carbide: US arm of Sumitomo Electric Industries, providing indexable cutting tools, drills, and milling cutters. Competes with Everede in the same boring, drilling, and grooving applications across industrial verticals.
• Iscar (IMC Group): Israel-based global cutting tool manufacturer within the IMC Group. Direct competitor in indexable inserts, grooving, and threading tools across the same industrial verticals as Everede.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/EveredeTool
• YouTubeyoutube.com/channel/UC1ecQUGifBbOoxu2iCacDQQ
• Facebookfacebook.com/everedetoolcompany
• LinkedInlinkedin.com/company/everede-tool-co.
• Instagraminstagram.com/everedetoolcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Everede Tool Co