• Sunday, May 17, 2015
    International Metalworking Companies to Build New Tool-Flo Manufacturing Facility in Pearland’s Lower Kirby District

    For Immediate Release
    May 19, 2015

    Matt Buchanan
    Pearland Economic Development Corporation

    International Metalworking Companies to Build New Tool-Flo Manufacturing Facility in Pearland’s Lower Kirby District
    Supplier of precision carbide metal working tools to build 80,000 square-foot headquarters, training and manufacturing facility in Pearland

    PEARLAND, Texas — Leadership from the City of Pearland and the Pearland Economic Development Corporation (PEDC) are pleased to announce that International Metalworking Companies (IMC Group) has chosen a site in Pearland’s Lower Kirby District for Tool-Flo Manufacturing, Inc. (Tool-Flo) new headquarters, training and manufacturing facility.

    The IMC Group, a Berkshire Hathaway owned company, is one of the world’s largest companies for metalworking products and metal removal technology, supplying a dynamic comprehensive line of precision carbide metalworking tools.  IMC also provides engineering and manufacturing solutions to major industries throughout the world.

    The IMC Group recently acquired Tool-Flo Manufacturing, a manufacturer of tools and products for the oil/gas, automotive, aerospace and medical industries.  Tool-Flo is currently located in Houston and will move its operations to the new facility.

    “I and all of our employees are excited at the opportunity to establish our company’s new headquarters in the City of Pearland,” stated Tool-Flo Manufacturing President, Dennis Flolo.  “We appreciate the City of Pearland’s interest in Tool-Flo, the PEDC’s involvement and professionalism in support of our business relocation efforts, and everyone making us feel welcome.  We are encouraged by recognizing that the City of Pearland provides us THE BEST BUSINESS OPPORTUNITY.”

    The PEDC and city officials began working with IMC Group in early 2015 on the project.  The 80,000 square-foot facility will include office, manufacturing and training space.  The facility will be located on a 15-acre site on the southeast corner of Kirby Drive and N. Spectrum Boulevard and will be home to approximately 188 employees, including management, engineering, sales, operations and administrative personnel.

    “The City of Pearland is excited to welcome a Berkshire Hathaway company, such as Tool-Flo,  to the growing list of employers who have chosen to call Pearland’s Lower Kirby District home, said Pearland Mayor Tom  Reid. “It has been a long-standing goal of the City to develop this area as Pearland’s most intensive mixed-use district and IMC/Tool-Flo’s selection of Pearland is a testament to our efforts and willingness to work with businesses interested in investing in our city.”

    The Lower Kirby Urban District consists of 1,200 acres located on the western border of Pearland facing South Beltway 8 and is well positioned to capture a significant portion of office, retail, commercial and industrial projects as the Houston market continues to grow and expand. Existing developments within the Lower Kirby Urban District include Mitsubishi Heavy Industries Compressor Corporation’s manufacturing and service facility, Merit Medical’s R&D and manufacturing facility, Dover Energy’s manufacturing and operations facility, Cardiovascular Systems, Inc.’s medical device manufacturing facility, Pearland Surgery Center and Bass Pro Shop.

    Tool-Flo’s facility is being designed by Kajima Building and Design Group (KBD).  The IMC Group is still in the process of selecting a contractor for the project.  Dan Boyles and Lane Morgan of NAI Houston are representing the buyer in site acquisition.


    About PEDC
    Established in 1995, the Pearland Economic Development Corporation promotes, assists and enhances the economic development activities and quality of life within Pearland, Texas. In bringing new and existing businesses to the area, the organization attracts capital investment to add to the city’s tax base and helps to increase the number of employment opportunities for residents. For more information, visit www.pearlandedc.com.

    About the International Metalworking Companies (IMC Group)
    A member of Berkshire Hathaway Inc., the IMC Group comprises of 15 companies including ISCAR, Taegutec, Tungaloy, Ingersoll and more, in over 50 countries. Today, the IMC Group has 140 subsidiaries in 65 countries. Together, they supply a dynamic comprehensive line of precision carbide metalworking tools. These companies produce a wide range of carbide inserts, carbide endmills and cutting tools, covering most metal cutting applications. IMC also provides engineering and manufacturing solutions to major industries throughout the world. Many innovative products, designed especially for customer requirements, have made the IMC Group a world leader in the major manufacturing industries such as automotive, aerospace and die & mold production.  For more information, visit http://imc-companies.com.

    About the City of Pearland
    The City of Pearland is a full-service local government serving residents and businesses of a dynamic and diverse metropolitan suburb immediately south of Houston.  Strategically located between the Texas Medical Center, Port of Houston, and Hobby Airport, Pearland itself offers a range of quality housing, retail, and office areas supported by first-class public service, parks, and recreation opportunities.  The city boasts 112,000 residents by last estimate and is positioned for well-planned growth and quality of life. Over 650 dedicated public servants at the City of Pearland endeavor to make Pearland the most attractive and desirable Houston suburb available.  For more information, please visit pearlandtx.gov.

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