Sale Tax Exemption Forms

Our History

Committed to an Unmatched Buying Experience

The Neu Family owned and operated Neu Tool since its inception in 1964. Throughout that time the organization grew through the commitment of its employees. In 2019, Mr. Neu was looking for a way in which Neu Tool could continue without a member of the Neu family to take over. He decided the best approach would be to sell the organization to the employees.

Within a year, Neu Tool fully converted to an ESOP in 2020 after purchasing the organization from Mr. Neu. In 2022 Mr. Neu retired from the organization and new management was brought in to continue the legacy.

With this transition, employee-owners were now responsible for the future of Neu Tool!