Greenlee Textron is an inustrial and electrical tool company headquartered in Rockford, IL. Founded in 1862 by brothers Robert and Ralph Greenlee, the company was acquired by Textron in 1986. Greenlee purchased Fairmont Hydraulics in 1992 and German tool manufacturer Klauke in 1996. Greenlee expanded into data/tele communications equipment with the acquisition of several companies in 1999 and 2000 which now fall under the Tempo brand. Greenlee announced the acquisition of Paladin Tools on December 17, 2007.