Eagle Tool
Eagle Tool US is a privately held Illinois-based manufacturer of American-made flexible drill bits and installer tools for electricians, cable installers, and construction trades, sold through Home Depot, Lowe's, Amazon, Grainger, and other retail and industrial channels.
- Company typePrivate
- Founded1976
- HeadquartersCrystal Lake, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Eagle Tool does
Eagle Tool US is a privately held American manufacturer of commercial-grade flexible drill bits and installer tools, headquartered in Crystal Lake, Illinois. The company operates from a single facility where 90% of production is done in-house using US-mined steel, with only heat treatment, powder coating, and blackening outsourced domestically. Founded in 1976 as The Repair and Machine Shop (also known as The Ram Shop), the company shifted focus to cable bits in the 1990s and formally launched the Eagle Tool US brand in 2009 with the invention of the Switch Bit interchangeable-head line.
The product portfolio is concentrated around four core lines: (1) Cable Bits — flexible installer bits for wood, steel, and masonry applications in screw point, auger style, and serrated designs; (2) ET X FLEX Series — advanced bits with a proprietary notched shank design (launched 2024, patent pending) to prevent slippage in extensions; (3) Switch Bit Line — a modular system with interchangeable heads and shanks from 15 to 69 inches; and (4) Fish Sticks and Accessories, including fiberglass rods and an award-winning LED-lit bull nose tip. Supporting products include the Quick Switch Hex Adaptor, cable bit extensions, Bell Hanger bits, concrete and sheet metal installation tools, WINBAG inflatable air cushion, and Eagle Gear professional carrying bags. Multiple products have won Pro Tool Innovation Awards (2017, 2019) and a National Hardware Show Best New Product (2019).
Eagle Tool generates revenue through unit-priced hardware sales distributed across a multi-channel network spanning mass-market retail (Home Depot, Lowe's, Menards, Walmart), e-commerce marketplaces (Amazon, Amazon Canada), industrial distributors (Grainger, Zoro, MSC, Global Industrial), specialty retailers (Licensed Electrician), and direct-to-consumer (company website, MadeInUSA.com). Primary customer segments are professional electricians and cable installers and contractors/construction trades, with DIYers/homeowners as a secondary tier. The business is self-funded with no external investment, M&A, or disclosed headcount data, and operates entirely in North America.
Eagle Tool firmographics
Firmographics- Name
- Eagle Tool
- Legal name
- Eagle Tool US
- Website
- https://eagle-tool.us
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Eagle Tool US is a privately held Illinois-based manufacturer of American-made flexible drill bits and installer tools for electricians, cable installers, and construction trades, sold through Home Depot, Lowe's, Amazon, Grainger, and other retail and industrial channels.
- Ownership category
- akta.pro rank
Eagle Tool industry classification
Industry- Product category
- Professional Hand Tools
- NAICS
- Saw Blade and Handtool Manufacturing (332216), Power-Driven Handtool Manufacturing (333991)
- SIC
- Cutlery, Handtools & General Hardware (3420)
- akta.pro primary industry
- Attachments & Work Tools (Buckets, Augers, Hammers) (IMAHAAAM)
Keywords
Where Eagle Tool is headquartered
LocationHeadquarters
- HQ city
- Crystal Lake
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Eagle Tool business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Hardware Tool Sales: One-time sale of commercial-grade flexible drill bits, installer tools, and accessories. Products sold through retail channels and direct. Includes Cable Bits, Switch Bits, ET X FLEX, Fish Sticks, WINBAG, extensions, and accessories.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Retail and E-commerce Distribution |
Go-to-market motion2 records
Distribution channels13 records
Marketing channels4 records
Eagle Tool product offering
Product offeringCore offering
Eagle Tool US manufactures and sells American-made commercial-grade flexible drill bits and installer tools designed for electricians, cable installers, and construction trades. The product portfolio centers on flexible installer bits for running wires through existing walls in wood, steel, and masonry; the proprietary Switch Bit interchangeable head system; the ET X FLEX notched shank series; fiberglass Fish Sticks; and supporting tools such as the WINBAG inflatable shim cushion, sheet metal installation tools, and concrete screw installation tools.
Product overview
Eagle Tool US is an American manufacturer of commercial-grade cable installer tools and flexible drill bits designed for electricians and professional trades. The product portfolio centers around four main product lines: (1) Cable Bits - standard flexible installer bits for wood, steel, and masonry applications available in screw point, auger style, and serrated designs; (2) ET X FLEX Series - advanced bits with proprietary notched shank technology to prevent slippage, available as individual bits and complete kits; (3) Switch Bit Line - modular system featuring interchangeable heads (screw point for wood, high speed for steel, carbide for masonry) and various shank lengths that can be mixed and matched; (4) Fish Sticks and Accessories - fiberglass rods and accessories for wire installation including lighted tips and noodle kits. Supporting products include Bell Hanger bits, Quick Switch hex adaptors, cable bit extensions, concrete screw tools, sheet metal installation tools, WINBAG inflatable shim system, and Eagle Gear professional carrying bags. The company sells through major retailers including Lowe's, Home Depot, Amazon, and Grainger. Eagle Tool has received multiple innovation awards including Pro Tool Innovation Awards and National Hardware Show Best New Product recognition.
Differentiator
Problem solved
Functional benefit
Products and services
- Cable Bits Standard flexible installer bit line designed for drilling and fishing wires through walls in wood, steel, and masonry applications. Features flexible spring steel shanks with fish accommodation holes and three flat non-slip grips. Includes Screw Point, Auger Style, Serrated, Heavy Duty Split Point High Speed, and Carbide Tip Masonry variants as separately sold bit types.
Quantifiable outcome
- Saves approximately $230 over buying full set of traditional bits
- +2 more outcomes
Companies that use Eagle Tool
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Eagle Tool technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Eagle Tool partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Pro Tool Innovation AwardsminorEagle Tool US participates in the Pro Tool Innovation Awards program, judged by professional tradesmen in electrical, plumbing, MRO and concrete fields. The company has won multiple awards including 2017 Accessories Category (Lighted Bull Nose Tip) and 2019 award.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Eagle Tool competitors and assessment
Company assessmentBroad incumbents
- Bosch Power Tools: Global power tool brand offering drill bits, hole saws, and installer accessories across consumer and professional channels. A broad-line competitor with deeper international reach than Eagle Tool.
- DeWalt: Stanley Black & Decker-owned professional power tool brand with broad drill bit, hole saw, and installer accessory lines carried by the same retailers as Eagle Tool. Larger R&D and contractor-program budgets create ongoing competitive pressure.
- Milwaukee Tool: Dominant power tool brand (Techtronic Industries) with growing installer bit and accessory lines sold alongside its M12/M18 drill platforms. Competes indirectly via accessories and could expand aggressively into Eagle Tool's niche categories.
Direct peers
- Greenlee (Emerson): Emerson-owned specialist brand for electrical installation tools, including flexible drill bits, conduit benders, and wire-pulling equipment. Competes head-to-head with Eagle Tool's cable bit and fish stick lines among professional electricians.
- Ideal Industries: Manufacturer of professional electrical tools, wire connectors, and installer supplies including drill bits and fish tapes. Overlaps Eagle Tool's electrician-targeted installer bit and fish stick portfolio.
- Southwire: Leading US wire and cable manufacturer that also sells a broad line of contractor and electrician installation tools, including drill bits and fish tapes. Targets the same cable installer and electrician segments as Eagle Tool.
- Klein Tools: Family-owned US manufacturer of premium hand tools specifically engineered for electricians, including flexible drill bits, fish tapes, and installer tools. Directly overlaps Eagle Tool's core electrician customer base and product categories, with a much larger catalog and brand recognition.
- Gardner Bender: Hubbell-owned manufacturer of electrical tools, wire connectors, and installation accessories including drill bits and fish sticks. Sells through the same retail and electrical distributor channels as Eagle Tool.
Emerging players
- Lenox Tools: Stanley Black & Decker cutting tools brand specializing in band saw blades, hole saws, and drill bits. Partial overlap with Eagle Tool's installer bit portfolio, particularly for metal and masonry drilling.
- Diablo Tools (Freud): Freud's professional cutting tool brand offering drill bits, hole saws, and saw blades with a focus on contractor productivity. Adjacent product overlap with Eagle Tool's bit business for tradesmen who buy across categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Eagle Tool social profiles
Digital presenceEagle Tool financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eagle Tool leadership team
Management profileNumber of profiles
Eagle Tool funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eagle Tool M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eagle Tool
What does Eagle Tool do?
Eagle Tool US manufactures and sells American-made commercial-grade flexible drill bits and installer tools designed for electricians, cable installers, and construction trades. The product portfolio centers on flexible installer bits for running wires through existing walls in wood, steel, and masonry; the proprietary Switch Bit interchangeable head system; the ET X FLEX notched shank series; fiberglass Fish Sticks; and supporting tools such as the WINBAG inflatable shim cushion, sheet metal installation tools, and concrete screw installation tools.
Is Eagle Tool a public or private company?
Eagle Tool is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Eagle Tool founded?
Eagle Tool was founded in 1976. It employs 1 to 10 people.
Where is Eagle Tool based?
Eagle Tool is headquartered in Crystal Lake, United States, in the North America region.
How does Eagle Tool make money?
One revenue line is on record: hardware Tool Sales.
Who are Eagle Tool's main competitors?
Broad incumbents on record are Bosch Power Tools, DeWalt and Milwaukee Tool. Direct peers are Greenlee (Emerson), Ideal Industries, Southwire, Klein Tools and Gardner Bender. Emerging players are Lenox Tools and Diablo Tools (Freud).
Does Eagle Tool have an API?
No public API is recorded for Eagle Tool.
What industry is Eagle Tool in?
Eagle Tool's product category is Professional Hand Tools. Its primary akta.pro industry code is IMAHAAAM, Attachments & Work Tools (Buckets, Augers, Hammers). Its NAICS code is 332216 and its SIC code is 3420.