Norbar launches new wrench lineup
In June of 2021, Norbar launched a new lineup of electronic torque wrenches with enhanced torque range across 12 different models. The company’s new Protonic range with a standard range and a Plus range, with greater accuracy in torque and angle. The main difference between the Plus range and the standard range is the Bluetooth communication capabilities of the Plus range. These enhanced features have distinguished Norbar from the competition and these products will likely be a market leader.
Balance SheetIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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