Tool-Flo Manufacturing, which is owned by IMC Group, is a manufacturer of tools and products for the oil/gas, automotive, aerospace and medical industries. 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 PEDC began working with IMC Group in early 2015 on the project, assisting with selecting potential locations within the city and incentives for the project. The 80,000 square-foot facility includes office, manufacturing and training space. The facility is located on a 15-acre site on the southeast corner of Kirby Drive and N. Spectrum Boulevard in Lower Kirby. Tool-Flo Manufacturing invested $20 million to build the facility, which is home to approximately 160 employees, including management, engineering, sales, operations and administrative personnel.