Klein Tools Acquires 50% Stake in UEi Test Instruments

Klein Tools, Inc., Lincolnshire, Ill., acquired a 50 percent equity position in UEi Test Instruments, Beaverton, Ore., to cement the existing partnership between the two companies. The companies have been working together since 2008. Founded in Beaverton in 1967, UEi manufactures environmental test equipment for the HVAC/R (heating, ventillating, air conditioning and refrigeration) market. Klein Tools will begin to market the line of electrical test and measurement products to select HVAC/R customers in January 2011.