General Contractor's Rebar Fastener Attracts Tyco International to Power Tool Business
A business development manager for Tyco International recently discovered a speedy, non-corrosive rebar fastener called the “Kodi Klip” and saw potential for a complementary gadget. Richard Hoffman, the Tyco sales manager, helped the firm develop a new power gun that shoots the little plastic clips and secures steel rebar joints in a matter of seconds.
“You can sell all the connectors and contacts in the world, but if you don’t have a tool, it’s not going to do you a lot of good,” Hoffman says. “It’s the whole razor/razorblade scenario.”