Bailey Tools & Supply, Inc. Purchases the Assets of Indianapolis Distributor Capitol Contractors Supply

Louisville, KY, October 16, 2009 --(PR.com)-- Bailey Tools & Supply, Inc. has purchased the assets of Indianapolis distributor Capitol Drilling & Contractors Supply, 5430 Rock Hampton Court, Indianapolis, IN.

With the October 1, 2009 transaction, Bailey Tools & Supply, Inc., which sells professional-grade power tools, construction equipment, construction supplies, safety products, tool repair service and rental items, now has sales locations in Louisville, KY; Evansville, IN and Indianapolis, IN.

Seventy two years ago Harry M. Bailey started Bailey Machine Co. in his Louisville garage after his employer was shutdown from the flood of 1937. The company was primarily a machine shop until 1941 when Harry began selling power tools.

In 1964 Robert L. Bailey (Bob), Harry’s son, became president and second-generation family owner and continued to build the business until his retirement in 1992.

Now, the third generation – Robert L. Bailey, Jr., president, and Steven H. Bailey, vice president – is expanding further. Robert Bailey, Jr., said, “This purchase complements our current lines of construction-related equipment and adds top-quality brands such as STIHL and Honda Power Equipment. We’re delighted to bring additional product options to current customers of both Bailey and Capitol.”

Bailey Tools also operates a Safety Division called Bailey Safety Supply that specializes in fall protection, confined space and other PPE (personal protective equipment) products.

Find out more about Bailey Tools at www.BaileyTools.com or call 1-800-999-4533.

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