Pressmaster | X-ON
Pressmaster AB develops and manufactures crimping and cable termination hand tools for electrical, electronic, optical, and other applications. It also offers customized tools. The company serves telecommunications, electrical power, aerospace, and automotive industries. It sells its products through distributors worldwide. Pressmaster AB was formerly known as Pressmaster Tool AB and changed its name to Pressmaster AB in 2001. The company was founded in 1970 and is headquartered in Älvdalen, Sweden. As of November 30, 2012, Pressmaster AB operates as a subsidiary of Phoenix Contact GmbH & Co. KG.