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Jiffy Air Tool

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uuid000x62s

Namestring
Jiffy Air Tool
Legal namestring
Continental Tool Group, Inc.
Company typeenum
Private
Founded yearint
1946
Descriptiontext

Jiffy Air Tool is a specialty manufacturer of handheld pneumatic and pneudraulic tools serving the aerospace and aircraft industries. Founded around 1946 and now operating as a flagship brand within Continental Tool Group, Inc., the company designs, engineers, machines, and assembles its products at a single facility in Carson City, Nevada, while parent-level headquarters reside in Cranberry Township, Pennsylvania. Jiffy's product line supports airframe assembly, drilling, fastener installation, precision torque-controlled fastening, nutplate drilling, and removal of aerospace fasteners such as Hi-Lok, Hi-Lite, Eddie Bolt, and Huck threaded collars. The tools are sold to aerospace OEMs, commercial MRO facilities, and military aviation operations worldwide.

The core product architecture is built around two proprietary modular platforms: the JMD (Modular Drill) platform, which allows Jiffy drill motors to accept a wide variety of drill attachments for limited-access applications, and the JMI (Modular Installation) platform, which provides interchangeable installation attachments for hard-to-reach fastener work. Additional proprietary technology includes a lubrication-free motor process that reduces friction and a pneudraulic nutplate drill configurable at 600 or 6,000 RPM. The portfolio also encompasses precision torque control shut-off tools tested to Six Sigma torque standards, the JCR Series Compression Riveter marketed as the most powerful and lightweight in its category, customized removal kits, and protective covers. Modular design and aerospace-specific engineering underpin the company's value proposition rather than software or intelligence features.

Jiffy operates a sales-led, direct go-to-market motion with pricing disclosed only on request via phone (800-356-3392, 800-327-9403) or web contact forms. Products are sold through the Continental Tool Group e-commerce storefront and supported by a global service center network for post-sale maintenance. Revenue is generated primarily through one-time hardware sales of specialty pneumatic tools and related accessories. The company employs 11-50 people, serves a single dominant vertical (aerospace), and discloses no customer names, revenue figures, or funding history.

Short descriptiontext

Jiffy Air Tool designs and manufactures specialty handheld pneumatic and pneudraulic tools for aerospace airframe assembly and MRO operations worldwide. Its proprietary modular drill and installation platforms (JMD, JMI) support limited-access drilling and fastener installation for OEM and military customers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCarson City, United States
HQ citystring
Carson City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pneumatic drill tools, aerospace fastener tools, airframe assembly tools, aviation MRO equipment, pneudraulic hand tools
Industry2 codes
1Pneumatic Components (FRLs, Cylinders, Valves)
CodeIMAHAGACPrimaryYes
2Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing
CodeIMABAEAIPrimaryNo
NAICS code2 codes
  • Power-Driven Handtool Manufacturing333991
  • Fluid Power Cylinder and Actuator Manufacturing333995
SIC code2 codes
  • Special Industry Machinery, Nec3559
  • Special Industry Machinery (No Metalworking Machinery)3550
Product category
Aerospace Pneumatic Tools
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Pneumatic Tool Hardware Sales
TypeHardware Sales
Description

Jiffy Air Tool generates revenue through the sale of specialized handheld pneumatic tools, including drilling tools, installation tools, torque control tools, nutplate drills, compression riveters, and related accessories. The company also sells protective covers and removal kits. Revenue is primarily one-time hardware sales with potential for replacement parts and service.

continentaltoolgroup.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Jiffy Air Tool designs, engineers, machines, and assembles specialty handheld pneumatic and pneudraulic tools for aerospace airframe assembly, maintenance, repair, and overhaul (MRO) operations. The product portfolio centers on modular drill and installation platforms (JMD and JMI), torque control shut-off tools, nutplate drills, customized removal kits for Hi-Lok/Hi-Lite/Eddie Bolt/Huck fasteners, lubrication-free tools, and the JCR Series Compression Riveter. All products are manufactured in Carson City, Nevada, USA.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Tools provide hours of trouble-free operation
+3 more records
Product overview1 text field

Jiffy Air Tool is an 80-year-old manufacturer of specialty hand-held pneumatic tools for aerospace airframe assembly, maintenance, repair, and overhaul (MRO) operations. The product portfolio is built on two modular platform architectures: the JMD (Modular Drill) platform for drilling tools and attachments, and the JMI (Modular Installation) platform for installation tools. These modular platforms allow operators to customize motors with various attachments for limited-access applications. The core product line includes Drilling Tools, Installation Tools, Torque Control Tools (Six Sigma tested), Nutplate Drills (configurable at 600 or 6,000 RPM), Customized Removal Kits for Hi-Lok/Hi-Lite/Eddie Bolt/Huck fasteners, Lube-free Tools (proprietary friction-reduction process), Protective Covers, and the JCR Series Compression Riveter (lightweight and powerful). All tools are designed, engineered, machined, and assembled in Carson City, Nevada, USA.

Product and service8 records
1Drilling Tools (JMD Modular Platform)
CategoryDrilling Tools
Description

Pneumatic drill motors and attachments built on JIFFY's proprietary Modular Tool platform (JMD), allowing a single motor to accept a wide variety of drill attachments to meet limited-access drilling requirements in aerospace applications.

2Installation Tools (JMI Modular Platform)
CategoryInstallation Tools
Description

Modular installation tools where JIFFY installation motors are compatible with a variety of installation attachments, providing adaptable solutions for challenging, hard-to-reach fastener installation applications in aerospace assembly.

3Torque Control Tools
CategoryTorque Control Tools
Description

Precision torque control shut-off tools in straight and offset designs for fasteners requiring precise, repeatable torque with minimal torque reaction. Models are tested to Six Sigma torque standards.

4Nutplate Drill
CategoryDrilling Tools
Description

Pneudraulic hand tool designed for precise drilling and countersinking of two holes simultaneously for nutplate fastener attachment. Configurable to operate at 600 or 6,000 RPM and available in multiple configurations.

5Customized Removal Kits (Hi-Lok Removal Kits)
CategoryRemoval Kits
Description

Removal kits designed for efficient extraction of Hi-Lok, Hi-Lite, Eddie Bolt, and Huck threaded collars, featuring interchangeable motors, drills, and installation attachments for application-specific customization.

6Lube-free Tools
CategorySpecialty Pneumatic Tools
Description

Pneumatic tools employing JIFFY's proprietary lubrication-free process that greatly reduces motor part friction, eliminating the need for external lubrication.

7JCR Series Compression Riveter
CategoryRiveting Tools
Description

Compression riveters marketed as the most powerful and lightweight in the industry, available in a variety of standard alligator jaw reaches and C-yoke styles.

8Protective Covers
CategoryAccessories
Description

Protective covers for pneumatic tools designed to guard against damage and extend tool life in demanding aerospace environments.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Hi-Lok
Strategic tierMinorTypeOthers
Description

JIFFY offers Hi-Lok Removal Kits designed for efficient removal of Hi-Lok threaded collars. The compatibility with Hi-Lok products is product-level integration rather than a formal partnership agreement. These kits feature interchangeable motors, drills, and installation attachments.

continentaltoolgroup.com
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Apex Tool Group owns several professional and industrial tool brands (including legacy Cooper Tools aerospace assembly lines). It competes broadly with Jiffy in industrial and aerospace-grade pneumatic hand tools.

TypeRegional player
Description

Sumake is a Taiwan-based manufacturer of pneumatic tools including drills, screwdrivers, and torque tools. It is a regional competitor with comparable product categories to Jiffy, particularly in Asian aerospace supply chains.

TypeDirect peer
Description

Stanley Engineered Fastening (Stanley Black & Decker) supplies aerospace blind fasteners, Hi-Lok-style collars, and the installation tools used to apply them. It is highly comparable to Jiffy because Jiffy's products are used to install the very fastener systems Stanley sells.

TypeDirect peer
Description

Sioux Tools manufactures pneumatic and electric assembly tools for aerospace manufacturing and MRO, including drills, nut runners, and torque control tools. It is one of Jiffy's closest direct competitors in handheld aerospace drilling and fastening tools.

TypeDirect peer
Description

Desoutter (an Atlas Copco brand) produces pneumatic and electric assembly tools specifically engineered for aerospace production lines, including drilling, riveting, and fastening. It competes head-to-head with Jiffy in aerospace assembly tooling for airframes.

TypeEmerging player
Description

HYTORC specializes in hydraulic and pneumatic torque tools for industrial bolting, including aerospace assembly and MRO. It is an emerging specialist with overlapping technology (pneudraulic actuation) and customer base to Jiffy.

TypeBroad incumbent
Description

Ingersoll Rand manufactures pneumatic and electric tools, including aerospace- and MRO-oriented fastening and drilling products. It is a broad incumbent competitor to Jiffy with significantly greater scale and global reach.

TypeBroad incumbent
Description

Atlas Copco is a global industrial leader in compressors, vacuum, and power tools, including pneumatic assembly tools via Desoutter and Chicago Pneumatic. It competes broadly with Jiffy in aerospace tools as a much larger incumbent.

TypeEmerging player
Description

Dynabrade manufactures pneumatic and electric abrasive and material-removal power tools used in aerospace MRO and manufacturing. It is an emerging player with meaningful overlap in pneumatic tool categories for aerospace customers.

TypeDirect peer
Description

Chicago Pneumatic (Atlas Copco) makes a broad range of pneumatic tools including aerospace-rated drills, screwdrivers, and grinders. It is a direct peer to Jiffy in pneumatic tools for aerospace assembly and MRO applications.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Jiffy Air Tool

Aerospace Pneumatic Toolsjiffyairtool.com

Jiffy Air Tool designs and manufactures specialty handheld pneumatic and pneudraulic tools for aerospace airframe assembly and MRO operations worldwide. Its proprietary modular drill and installation platforms (JMD, JMI) support limited-access drilling and fastener installation for OEM and military customers.

What Jiffy Air Tool does

Jiffy Air Tool is a specialty manufacturer of handheld pneumatic and pneudraulic tools serving the aerospace and aircraft industries. Founded around 1946 and now operating as a flagship brand within Continental Tool Group, Inc., the company designs, engineers, machines, and assembles its products at a single facility in Carson City, Nevada, while parent-level headquarters reside in Cranberry Township, Pennsylvania. Jiffy's product line supports airframe assembly, drilling, fastener installation, precision torque-controlled fastening, nutplate drilling, and removal of aerospace fasteners such as Hi-Lok, Hi-Lite, Eddie Bolt, and Huck threaded collars. The tools are sold to aerospace OEMs, commercial MRO facilities, and military aviation operations worldwide.

The core product architecture is built around two proprietary modular platforms: the JMD (Modular Drill) platform, which allows Jiffy drill motors to accept a wide variety of drill attachments for limited-access applications, and the JMI (Modular Installation) platform, which provides interchangeable installation attachments for hard-to-reach fastener work. Additional proprietary technology includes a lubrication-free motor process that reduces friction and a pneudraulic nutplate drill configurable at 600 or 6,000 RPM. The portfolio also encompasses precision torque control shut-off tools tested to Six Sigma torque standards, the JCR Series Compression Riveter marketed as the most powerful and lightweight in its category, customized removal kits, and protective covers. Modular design and aerospace-specific engineering underpin the company's value proposition rather than software or intelligence features.

Jiffy operates a sales-led, direct go-to-market motion with pricing disclosed only on request via phone (800-356-3392, 800-327-9403) or web contact forms. Products are sold through the Continental Tool Group e-commerce storefront and supported by a global service center network for post-sale maintenance. Revenue is generated primarily through one-time hardware sales of specialty pneumatic tools and related accessories. The company employs 11-50 people, serves a single dominant vertical (aerospace), and discloses no customer names, revenue figures, or funding history.

Jiffy Air Tool firmographics

Firmographics
Name
Jiffy Air Tool
Legal name
Continental Tool Group, Inc.
Website
https://jiffyairtool.com
Company type
Private
Founded year
1946
Operating status
Operating
Headcount range
11–50 employees
Short description
Jiffy Air Tool designs and manufactures specialty handheld pneumatic and pneudraulic tools for aerospace airframe assembly and MRO operations worldwide. Its proprietary modular drill and installation platforms (JMD, JMI) support limited-access drilling and fastener installation for OEM and military customers.
Ownership category
akta.pro rank

Jiffy Air Tool industry classification

Industry
Product category
Aerospace Pneumatic Tools
NAICS
Power-Driven Handtool Manufacturing (333991), Fluid Power Cylinder and Actuator Manufacturing (333995)
SIC
Special Industry Machinery, Nec (3559), Special Industry Machinery (No Metalworking Machinery) (3550)
akta.pro primary industry
Pneumatic Components (FRLs, Cylinders, Valves) (IMAHAGAC)
akta.pro secondary industry
Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing (IMABAEAI)

Keywords

  • Pneumatic drill tools
  • Aerospace fastener tools
  • Airframe assembly tools
  • Aviation MRO equipment
  • Pneudraulic hand tools

Where Jiffy Air Tool is headquartered

Location

Headquarters

HQ city
Carson City
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Jiffy Air Tool business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Pneumatic Tool Hardware Sales: Jiffy Air Tool generates revenue through the sale of specialized handheld pneumatic tools, including drilling tools, installation tools, torque control tools, nutplate drills, compression riveters, and related accessories. The company also sells protective covers and removal kits. Revenue is primarily one-time hardware sales with potential for replacement parts and service.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Jiffy Air Tool product offering

Product offering

Core offering

Jiffy Air Tool designs, engineers, machines, and assembles specialty handheld pneumatic and pneudraulic tools for aerospace airframe assembly, maintenance, repair, and overhaul (MRO) operations. The product portfolio centers on modular drill and installation platforms (JMD and JMI), torque control shut-off tools, nutplate drills, customized removal kits for Hi-Lok/Hi-Lite/Eddie Bolt/Huck fasteners, lubrication-free tools, and the JCR Series Compression Riveter. All products are manufactured in Carson City, Nevada, USA.

Product overview

Jiffy Air Tool is an 80-year-old manufacturer of specialty hand-held pneumatic tools for aerospace airframe assembly, maintenance, repair, and overhaul (MRO) operations. The product portfolio is built on two modular platform architectures: the JMD (Modular Drill) platform for drilling tools and attachments, and the JMI (Modular Installation) platform for installation tools. These modular platforms allow operators to customize motors with various attachments for limited-access applications. The core product line includes Drilling Tools, Installation Tools, Torque Control Tools (Six Sigma tested), Nutplate Drills (configurable at 600 or 6,000 RPM), Customized Removal Kits for Hi-Lok/Hi-Lite/Eddie Bolt/Huck fasteners, Lube-free Tools (proprietary friction-reduction process), Protective Covers, and the JCR Series Compression Riveter (lightweight and powerful). All tools are designed, engineered, machined, and assembled in Carson City, Nevada, USA.

Differentiator

Problem solved

Functional benefit

Products and services

  • Drilling Tools (JMD Modular Platform) Pneumatic drill motors and attachments built on JIFFY's proprietary Modular Tool platform (JMD), allowing a single motor to accept a wide variety of drill attachments to meet limited-access drilling requirements in aerospace applications.
  • Installation Tools (JMI Modular Platform) Modular installation tools where JIFFY installation motors are compatible with a variety of installation attachments, providing adaptable solutions for challenging, hard-to-reach fastener installation applications in aerospace assembly.
  • Torque Control Tools Precision torque control shut-off tools in straight and offset designs for fasteners requiring precise, repeatable torque with minimal torque reaction. Models are tested to Six Sigma torque standards.
  • Nutplate Drill Pneudraulic hand tool designed for precise drilling and countersinking of two holes simultaneously for nutplate fastener attachment. Configurable to operate at 600 or 6,000 RPM and available in multiple configurations.
  • Customized Removal Kits (Hi-Lok Removal Kits) Removal kits designed for efficient extraction of Hi-Lok, Hi-Lite, Eddie Bolt, and Huck threaded collars, featuring interchangeable motors, drills, and installation attachments for application-specific customization.
  • Lube-free Tools Pneumatic tools employing JIFFY's proprietary lubrication-free process that greatly reduces motor part friction, eliminating the need for external lubrication.
  • JCR Series Compression Riveter Compression riveters marketed as the most powerful and lightweight in the industry, available in a variety of standard alligator jaw reaches and C-yoke styles.
  • Protective Covers Protective covers for pneumatic tools designed to guard against damage and extend tool life in demanding aerospace environments.

Quantifiable outcome

  • Tools provide hours of trouble-free operation
  • +3 more outcomes

Companies that use Jiffy Air Tool

Customer profile

Segments3 records

Ideal customer profiles2 records

Jiffy Air Tool technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Jiffy Air Tool partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Hi-LokminorOthersJIFFY offers Hi-Lok Removal Kits designed for efficient removal of Hi-Lok threaded collars. The compatibility with Hi-Lok products is product-level integration rather than a formal partnership agreement. These kits feature interchangeable motors, drills, and installation attachments.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Jiffy Air Tool competitors and assessment

Company assessment

Broad incumbents

  • Apex Tool Group: Apex Tool Group owns several professional and industrial tool brands (including legacy Cooper Tools aerospace assembly lines). It competes broadly with Jiffy in industrial and aerospace-grade pneumatic hand tools.
  • Ingersoll Rand: Ingersoll Rand manufactures pneumatic and electric tools, including aerospace- and MRO-oriented fastening and drilling products. It is a broad incumbent competitor to Jiffy with significantly greater scale and global reach.
  • Atlas Copco: Atlas Copco is a global industrial leader in compressors, vacuum, and power tools, including pneumatic assembly tools via Desoutter and Chicago Pneumatic. It competes broadly with Jiffy in aerospace tools as a much larger incumbent.

Regional players

  • Sumake Industrial: Sumake is a Taiwan-based manufacturer of pneumatic tools including drills, screwdrivers, and torque tools. It is a regional competitor with comparable product categories to Jiffy, particularly in Asian aerospace supply chains.

Direct peers

  • Stanley Engineered Fastening: Stanley Engineered Fastening (Stanley Black & Decker) supplies aerospace blind fasteners, Hi-Lok-style collars, and the installation tools used to apply them. It is highly comparable to Jiffy because Jiffy's products are used to install the very fastener systems Stanley sells.
  • Sioux Tools: Sioux Tools manufactures pneumatic and electric assembly tools for aerospace manufacturing and MRO, including drills, nut runners, and torque control tools. It is one of Jiffy's closest direct competitors in handheld aerospace drilling and fastening tools.
  • Desoutter Tools: Desoutter (an Atlas Copco brand) produces pneumatic and electric assembly tools specifically engineered for aerospace production lines, including drilling, riveting, and fastening. It competes head-to-head with Jiffy in aerospace assembly tooling for airframes.
  • Chicago Pneumatic: Chicago Pneumatic (Atlas Copco) makes a broad range of pneumatic tools including aerospace-rated drills, screwdrivers, and grinders. It is a direct peer to Jiffy in pneumatic tools for aerospace assembly and MRO applications.

Emerging players

  • HYTORC: HYTORC specializes in hydraulic and pneumatic torque tools for industrial bolting, including aerospace assembly and MRO. It is an emerging specialist with overlapping technology (pneudraulic actuation) and customer base to Jiffy.
  • Dynabrade: Dynabrade manufactures pneumatic and electric abrasive and material-removal power tools used in aerospace MRO and manufacturing. It is an emerging player with meaningful overlap in pneumatic tool categories for aerospace customers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Jiffy Air Tool social profiles

Digital presence

Jiffy Air Tool financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Jiffy Air Tool leadership team

Management profile

Number of profiles

Jiffy Air Tool funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Jiffy Air Tool M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Jiffy Air Tool

What does Jiffy Air Tool do?

Jiffy Air Tool designs, engineers, machines, and assembles specialty handheld pneumatic and pneudraulic tools for aerospace airframe assembly, maintenance, repair, and overhaul (MRO) operations. The product portfolio centers on modular drill and installation platforms (JMD and JMI), torque control shut-off tools, nutplate drills, customized removal kits for Hi-Lok/Hi-Lite/Eddie Bolt/Huck fasteners, lubrication-free tools, and the JCR Series Compression Riveter. All products are manufactured in Carson City, Nevada, USA.

Is Jiffy Air Tool a public or private company?

Jiffy Air Tool is a private company. It is classified as corporate owned and is currently operating.

When was Jiffy Air Tool founded?

Jiffy Air Tool was founded in 1946. It employs 11 to 50 people.

Where is Jiffy Air Tool based?

Jiffy Air Tool is headquartered in Carson City, United States, in the North America region.

How does Jiffy Air Tool make money?

One revenue line is on record: pneumatic Tool Hardware Sales.

Who are Jiffy Air Tool's main competitors?

Broad incumbents on record are Apex Tool Group, Ingersoll Rand and Atlas Copco. Sumake Industrial is listed as a regional player. Direct peers are Stanley Engineered Fastening, Sioux Tools, Desoutter Tools and Chicago Pneumatic. Emerging players are HYTORC and Dynabrade.

Does Jiffy Air Tool have an API?

No public API is recorded for Jiffy Air Tool.

What industry is Jiffy Air Tool in?

Jiffy Air Tool's product category is Aerospace Pneumatic Tools. Its primary akta.pro industry code is IMAHAGAC, Pneumatic Components (FRLs, Cylinders, Valves), with a secondary code of IMABAEAI, Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing. Its NAICS code is 333991 and its SIC code is 3559.

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Live signals
PR NewswireP&F Industries, Inc. Reports Results For The Year Ended December 31, 2017P&F Industries, Inc. reported full year 2017 revenue from continuing operations of $58,974,000, a 3% increase from $57,276,000 in 2016, while the net loss from continuing operations improved to $884,000 from $5,683,000 in the prior year. The company completed the acquisition of Jiffy Air Tools in April 2017, which drove aerospace revenue up by nearly $6.2 million and contributed to a 10.4 percentage point improvement in Hy-Tech's gross margin. P&F elected not to renew its decades-long supply agreement with Sears (which expired September 30, 2017) due to Sears' financial difficulties and the sale of its Craftsman brand to Stanley Black & Decker.PR NewswireP&F Industries, Inc. Reports Results For The Three And Six-Month Periods Ended June 30, 2017P&F Industries reported Q2 2017 revenue of $15.4 million from continuing operations, down 1.8% from $15.6 million in Q2 2016, while swinging from a loss of $8.2 million in the prior year period to income of $16,000, with the 2016 loss primarily driven by an $8.3 million impairment charge against Hy-Tech's goodwill and intangible assets. The company completed the acquisition of Jiffy Air Tool in April 2017, positioning it in the aerospace sector, and announced its decision to exit the Sears supply relationship effective September 30, 2017, citing Sears' financial difficulties and the sale of the Craftsman brand to Stanley Black & Decker. Hy-Tech demonstrated improvement with revenue increasing 11.3% and gross margin expanding by 11.2 percentage points compared to Q2 2016, driven by growth in ATP parts business and new market initiatives.PR NewswireP&F Industries, Inc. Acquires Jiffy Air Tool, Inc.P&F Industries, Inc. announced the acquisition of substantially all assets of Jiffy Air Tool, Inc., effective April 5, 2017, for approximately $7 million in cash plus assumption of certain payables and contractual obligations. Jiffy Air Tool, a Nevada-based manufacturer and distributor of pneumatic tools primarily sold to aerospace manufacturers, may generate up to an additional $1 million in contingent consideration based on revenue thresholds over two years. The operating assets were purchased by Bonanza Holdings Corp. and the real property by Bonanza Properties Inc., both wholly owned subsidiaries of Florida Pneumatic, and P&F Industries expects the acquisition to be immediately accretive to earnings.