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KREG TOOL RECEIVES TWO AWARDS IN RECOGNITION OF ITS NEW CAMPUS

News release: October 19, 2020

Awards highlight the economic impact and investment being made in Ankeny, Iowa

HUXLEY, Iowa – (October 19, 2020) – Kreg Tool Company is excited to share that it has received two awards in recognition of its new campus that is being built in Ankeny, Iowa. The details of each award are as follows:

  • 2020 Commercial Investment Award – Presented by the Ankeny Economic Development Corporation, this award recognizes the significant commercial investment Kreg is making in Ankeny. Kreg’s CEO, Todd Sommerfeld, talks more about the company’s new campus in this video.
  • 2020 Economic Impact Award – The Greater Des Moines Partnership honored Kreg with a 2020 Economic Impact Award. The purpose of this award is to recognize local companies for their contributions toward the economic vitality of Greater Des Moines in terms of job creation, capital investment, and facility expansion. Read more about why Kreg was selected.

“It was quite an honor to receive both of these awards recognizing the impact Kreg’s new headquarters will have on Ankeny and the Des Moines metro area,” said Todd Sommerfeld, CEO of Kreg Tool Company. “We are excited to be joining the Ankeny business community and look forward to the opportunities it will provide for our current and future employees.”

Founded in 1989 and headquartered in Huxley, Iowa, Kreg Tool Company creates solutions that give woodworkers and do-it-yourselfers the confidence to create their own projects, while helping to provide a sense of accomplishment upon completion. Kreg products are available throughout North America and in select international locations through local dealers, home centers, and online retailers. For more information or inspiration, visit kregtool.com or call 800-447-8638.

KREG TOOL COMPANY AWARDS $20,000 IN SCHOLARSHIPS

News release: September 1, 2020

Four $5,000 awards given to children of Kreg employees for higher education

HUXLEY, Iowa – (September 1, 2020) – Kreg Tool Company today announced the four recipients of the Kreg Tool Scholarship Program. Funded by Kreg Cares, the philanthropic arm of Kreg Tool, this annual scholarship program was launched in 2019 to help support the children of Kreg employees who are furthering their education after high school by giving them the chance to earn one of up to five $5,000 scholarships.

“We are pleased to offer a scholarship program that benefits the children of our employees as they work to advance their education,” stated Todd Sommerfeld, CEO of Kreg Tool Company. “Whether it is through a skilled trades program, college or university, furthering your education after high school is a primary focus of Kreg Cares and we are thrilled to be able to help these students in the pursuit of their future careers.”

Many outstanding applications were received, which were reviewed by representatives of Scholarship America, an organization that assists corporations in awarding scholarships. After considering the student’s academic records, leadership and participation in school and community activities, work experience, goals and aspirations, among others, four students stood out in the process and were selected as the recipients:

  • Audrey Eaton, of Grimes, Iowa, is majoring in Apparel at Iowa State University and intends to graduate in 2023. Audrey’s father, Lance Eaton, is a Regional Sales Manager at Kreg.
  • Savanna Gray, of Ankeny, Iowa, attends the University of Northern Iowa and anticipates graduating in 2021 with a major in early childhood education. Savanna’s mother, Kristie Gray, is an Accounts Receivable Analyst at Kreg.
  • Jon Lehms, of Polk City, Iowa, is studying Management Information Systems (MIS) at Iowa State University and plans to graduate in 2024. Jon’s father, Dick Lehms, is an Inside Sales Representative at Kreg.
  • Grant Van Zee, of Huxley, Iowa, anticipates graduating from Dordt College in 2021 with a major in business administration with an emphasis on marketing and human resource management. Grants father, Brian Van Zee, is a Senior Buyer at Kreg.

Founded in 1989 and headquartered in Huxley, Iowa, Kreg Tool Company creates solutions that give woodworkers and do-it-yourselfers the confidence to create their own projects, while helping to provide a sense of accomplishment upon completion. Kreg products are available throughout North America and in select international locations through local dealers, home centers, and online retailers. For more information or inspiration, visit kregtool.com or call 800-447-8638.

KREG TOOL ANNOUNCES PARTNERSHIP WITH SYLVAN LEARNING SYSTEMS

News release: August 24, 2020

New educational support plan will help employees navigate a fluid school year

HUXLEY, Iowa – (August 24, 2020) – Kreg Tool Company is excited to share that it has partnered with Sylvan Learning Systems to create an educational support plan for Kreg employees and their families as they navigate a fluid school year brought on by the challenges of COVID-19. Through this program, Kreg employees may register their children for one of three options (in addition to their district’s plan): personalized tutoring, in-person coaching/support for hybrid days and asynchronous learning, or homework support. These custom options were created over the summer based on input provided by Kreg employees.

“A Kreg employee realized this summer that school districts would take a variety of approaches to education and that uncertainties would remain well past the Fall start date, all while recognizing that the ambiguity would be problematic and stressful for our employees, many of whom are working parents of school-aged children,” stated Todd Sommerfeld, CEO of Kreg Tool Company. “To alleviate some of this stress on working parents, Kreg reached out to Sylvan to discuss what opportunities might be available. We are extremely pleased with the creative options this offers to our employees.”

Kreg has an employee base that spreads across multiple counties and school districts, so parents currently may choose between an Ames or Johnston location. Currently, 18 students are registered; some have already begun taking part in the program and are extremely pleased. Kreg team members may register their students at any time throughout the fall as their needs, school schedules and experiences change. Kreg also is proud to provide this program at a very small cost or no-cost to Kreg employees, courtesy of Kreg Cares, the philanthropic arm of Kreg Tool.

“Frankly, it has been a balancing act, but we’ve done all we can throughout COVID to support our team members as we’ve also seen unprecedented demand for Kreg products in the marketplace,” concluded Sommerfeld. “This educational support plan is one more way we are helping employees and their families navigate this difficult time.”

Founded in 1989 and headquartered in Huxley, Iowa, Kreg Tool Company creates solutions that give woodworkers and do-it-yourselfers the confidence to create their own projects, while helping to provide a sense of accomplishment upon completion. Kreg products are available throughout North America and in select international locations through local dealers, home centers, and online retailers. For more information or inspiration, visit kregtool.com or call 800-447-8638.

KREG TOOL BREAKS GROUND ON NEW CORPORATE CAMPUS IN ANKENY

Todd Sommerfeld – CEO at future Kreg headquarters in Ankeny, IA

News release: April 21, 2020

The company looks forward to a vibrant future in a new location

HUXLEY, Iowa – (April 21, 2020) – Today, Kreg Tool Company marked a major milestone in its 30-year history by breaking ground on its new corporate campus, located in the Crosswinds Business Park development in Ankeny, Iowa, just south of the Department of Transportation.

“We are excited for the future of Kreg Tool, as well as the economic growth our new campus will contribute to in central Iowa,” stated Todd Sommerfeld, CEO of Kreg Tool. “Not only will this new facility be able to better accommodate Kreg’s continued growth needs, but it will provide opportunities for job growth as well, as our campus will be located closer to the Des Moines metro area.”

Kreg Tool Company has called Huxley, Iowa, home since it was first founded in 1989. “Huxley has served Kreg well over the years by providing us with a great place to grow our company into what it is today,” said Sommerfeld.

“We are excited for our next chapter to begin in the vibrant and growing community of Ankeny!”

This new facility will be 150,000 square feet and will enable Kreg to continue its growth trajectory by providing the space, technology, visibility, and efficiency to meet current customers’ needs, while expanding international sales and developing new digital channels for the company’s products and services. Construction is expected to conclude in late summer/early fall of 2021.

Founded in 1989 and headquartered in Huxley, Iowa, Kreg Tool Company creates solutions that give woodworkers and do-it-yourselfers the confidence to create their own projects, while helping to provide a sense of accomplishment upon completion Kreg also offers educational resources for consumers through newsletters, social media, the Kreg Owners’ Community, and BuildSomething.com, a website that provides step-by-step project plans and information for building DIY projects. Kreg products are available throughout North America and in select international locations through local dealers, home centers, and online retailers. For more information, visit kregtool.com or call 800-447-8638.

KREG TOOL COMPANY CREATES KREG EUROPE

News release: January 2, 2020

Kreg enters new joint venture to grow business in Europe

HUXLEY, Iowa – (Jan. 2, 2020) – Today, Kreg Tool Company announced that it has entered a new joint venture to grow business in Europe. With this, it has resulted in the creation of a new company called Kreg Europe, located in Inning, Germany.

“Kreg has been selling products in Germany for more than 10 years after realizing the growth potential that existed in that country,” stated Shane Rourke, Vice President of Sales and Marketing at Kreg. “In order to expand our brand to maximize sales potential in Europe, we discovered that we needed to change our sales approach and take additional steps to work with someone who understands the European market and could provide the marketing support we needed.”

Kreg chose to partner with an individual named Martin Sauter, who owns his own e-commerce business (SauterShop) and has served as a retailer of Kreg products for 10 years, proving his familiarity with our brand. Sauter will work to expand the distribution network, handle fulfillment and marketing, and has the necessary customer service capabilities for our needs.

Kreg Europe is partially owned by Kreg Tool in Iowa and Martin Sauter. The company will be co-located in the SauterShop facilities, leveraging their space, processes and talents. This is a perfect location as the SauterShop culture of ensuring customer satisfaction and success aligns perfectly with Kreg’s values.

“We are excited about what this joint venture represents for the future of Kreg Tool,” commented Rourke. “This is a tremendous opportunity for our company.”

Founded in 1989 and headquartered in Huxley, Iowa, Kreg Tool Company creates solutions that give woodworkers and do-it-yourselfers the confidence to create their own projects, while helping to provide a sense of accomplishment upon completion. In addition to their well-known Kreg Jig® pocket-hole jigs, Kreg offers solutions for measuring and marking, cutting, joining, clamping, routing, hardware installation and creating a workspace. Kreg also offers educational resources for consumers through newsletters, social media, the Kreg Owners’ Community, an online community for passionate project builders that allows them to interact with each other and share their projects, and BuildSomething.com, a website that provides step-by-step project plans and information for building DIY projects. Kreg products are available throughout North America and in select international locations through local dealers, home centers, and online retailers. For more information, visit kregtool.com or call 800-447-8638.