Get FREE tickets to the 10/21 Travel Show - use code TSFWP at checkout

Mount Prospect

Chinese maker of Skil tools moving North American headquarters to Naperville

Chinese maker of Skil tools moving North American headquarters to Naperville

The Chinese maker of Skil power tools will move its North American headquarters this spring from Grand Rapids, Mich., to Naperville, where it eventually expects to have about 200 workers, as part of its recently completed purchase of the Skil brands from Robert Bosch.

Chervon recently finalized its previously announced acquisition of Skil brands, which include power saws, from Germany's Robert Bosch Tool, whose North American headquarters are in Mount Prospect. The deal gives Chervon control over the Skil and Skilsaw businesses in North America. Terms weren't disclosed.

By May, Chervon will have more than 100 workers in Naperville, with nearly 40 moving from Bosch operations...

49°