About Only Tool
Only Tool is a Transportation, Automotive & Logistics company based in Ypsilanti (United States) founded in 2015, and was acquired by Generalcarbide in January 2018. It operates as a special-purpose vehicle machinery is manufactured for various applications. Its focus areas include Auto, Auto Components and Multi Category. Its competitors include Cummins, Valeo, UNO Minda, Schaeffler and Faurecia and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Only Tool was founded in 2015 and is headquartered in Ypsilanti, United States. Operations are centered on the manufacturing sector, where special-purpose machinery for vehicles is produced. The companys domain, onlytoolcompany.com, supports its activities in this niche. Focus is placed on engineering and assembly processes to meet industry needs, with all production occurring domestically in the specified location.
- Headquarters Ypsilanti, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website onlytoolcompany.com
- Acquired by Generalcarbide (Jan 2018)
- Investors
- Acquired byGeneralcarbide
(Jan 2018)
Investors in Only Tool
Only Tool has secured backing from 1 investor. Prominent investors backing the company include General Carbide.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tungsten carbide tooling manufacturing and industrial components for various sectors. | – | generalcarbide.com | - |
Investor details for Only Tool
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Timeline of Only Tool
2 dated milestones of Only Tool across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Only Tool is founded.
- Exit Acquired by Generalcarbide.
Competitors of Only Tool
Only Tool has 9 listed competitors in our database, 2 of them funded. They include Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. | |
| ranegroup.com | 1929 | Chennai, India | – | 172 | Major auto components are manufactured and supplied to OEMs. | |
| novaresteam.com | 1955 | Clamart, France | $32.95M | 167 | Major auto components are manufactured and supplied globally. | |
| kongsbergautomotive.com | 1987 | Kongsberg, Norway | – | 5,286 | Multi-category automotive components are manufactured for global markets. | |
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. |
Detailed competitors of Only Tool
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Top companies in Automotive Manufacturing & Components
10 companies that operate in the same segment as Only Tool (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Related news about Only Tool
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Frequently Asked Questions about Only Tool
Only Tool was founded in 2015.
Only Tool is headquartered in Ypsilanti, United States. It is registered at Ypsilanti, Michigan, United States.
Only Tool was founded in 2015 and is headquartered in Ypsilanti, United States. Operations are centered on the manufacturing sector, where special-purpose machinery for vehicles is produced. The companys domain, onlytoolcompany.com, supports its activities in this niche. Focus is placed on engineering and assembly processes to meet industry needs, with all production occurring domestically in the specified location.
Only Tool has 1 investor. Key investors include General Carbide.
Yes. Only Tool was acquired by Generalcarbide in January 2018.