Car Tool Ideas Wanted
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Lisle Corporation is looking for new tools they can make and offer their customers. The automotive tool maker welcomes ideas and works with inventors to get patents and shares the profits. Currently, the company pays royalties to more than 115 individuals.
“Our idea program has been in place for more than 50 years,” says Kevin Tally, Lisle Corporation. “Individuals can submit ideas to us related to our product line. A pretty good number have become tools. If we feel it’ll be accepted, we work with the person to develop the product and pay them an award based on sales of the product.”
The company website displays several products that have been developed through the Idea Program. One recent addition to the Lisle product line that came through the program is the Electrical Disconnect Plier. Tally says it was submitted a few years ago, but took time to get into production.
“We make most of our own tools, but our cost of manufacture for it was too high, and we had to go overseas,” says Tally. “The inventor said it would sell, and we’ve had trouble keeping it on the shelf.”
Contact: FARM SHOW Followup, Lisle Corporation, P.O. Box 89, Clarinda, Iowa 51632 (ph 712-542-5101; www.lislecorp.com/idea-program).
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Car Tool Ideas Wanted FARM SHOP Tools Lisle Corporation is looking for new tools they can make and offer their customers The automotive tool maker welcomes ideas and works with inventors to get patents and shares the profits Currently the company pays royalties to more than 115 individuals “Our idea program has been in place for more than 50 years ” says Kevin Tally Lisle Corporation “Individuals can submit ideas to us related to our product line A pretty good number have become tools If we feel it’ll be accepted we work with the person to develop the product and pay them an award based on sales of the product ” The company website displays several products that have been developed through the Idea Program One recent addition to the Lisle product line that came through the program is the Electrical Disconnect Plier Tally says it was submitted a few years ago but took time to get into production “We make most of our own tools but our cost of manufacture for it was too high and we had to go overseas ” says Tally “The inventor said it would sell and we’ve had trouble keeping it on the shelf ” Contact: FARM SHOW Followup Lisle Corporation P O Box 89 Clarinda Iowa 51632 ph 712-542-5101; www lislecorp com/idea-program
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