JET tools are made by JPW Industries, a company headquartered in La Vergne, Tennessee that also owns Powermatic and Wilton.
The brand is known for metalworking and woodworking machinery, along with lifting systems like chain hoists and trolleys.
JPW Industries is currently owned by Gamut Capital Management, a New York based private equity firm that acquired the company in 2017.
Knowing who makes JET tools helps buyers understand how the brand fits alongside its sibling brands under repeated private equity ownership changes.
This article covers JET ownership, where the tools are manufactured, the brand’s ownership history, and answers to common JET questions.
So let’s get started.
Table of Contents
Who Makes JET Tools And Who Owns The Brand?
JET Tools is owned by JPW Industries, headquartered in La Vergne, Tennessee.
JET initially specialized in manual chain hoists and trolleys before expanding into metalworking tools in the early 1980s and woodworking equipment about five years later.
Tenex Capital Management acquired JET, Powermatic, and Wilton from Switzerland’s Walter Meier AG in 2013, and JPW Industries was later sold to Gamut Capital Management in 2017.
Where Are JET Tools Manufactured?
JPW Industries operates across six countries, including Switzerland, Germany, Russia, France, Taiwan, and China, in addition to its Tennessee headquarters.
JET distributes through a vast network of distributor partners across markets worldwide.
Specific manufacturing location can vary by product category, given the company’s international footprint.
What Other Brands Does JPW Industries Own?
JPW Industries owns Powermatic and Wilton alongside JET, having consolidated all three brands under one corporate structure.
The company also acquired Edwards Manufacturing for ironworkers, Baileigh Industrial, and Axiom Precision for CNC machinery.
This growing portfolio positions JPW Industries as a major player across metalworking, woodworking, and specialty shop tool categories.
A Brief History Of JET
JET built its early business around manual chain hoists and trolleys before diversifying into broader tool categories.
Metalworking tools became a cornerstone of JET’s business in the early 1980s, followed by the launch of woodworking equipment roughly five years later.
JET has operated under multiple corporate owners over the decades, from Walter Meier AG to Tenex Capital and now Gamut Capital Management.
JET vs Powermatic: Which JPW Brand Is Better?
Powermatic is generally positioned as JPW’s premium woodworking machinery line, while JET spans a broader range including metalworking and lifting equipment.
Since both brands share the same parent company, manufacturing standards and support infrastructure remain closely aligned.
Buyers often choose based on specific machine category rather than an overall brand preference between the two.
For more on the sibling brand, see our guide to who makes Craftsman tools for a widely available comparison point.
Frequently Asked Questions About JET Tools
Who makes JET tools?
JET tools are made by JPW Industries, currently owned by Gamut Capital Management.
Is JET the same company as Powermatic?
JET and Powermatic are separate brand names, but both are owned by the same parent company, JPW Industries.
Who owned JET before Gamut Capital?
Tenex Capital Management owned JPW Industries before selling it to Gamut Capital Management in 2017.
Where is JET headquartered?
JET is headquartered in La Vergne, Tennessee, alongside its parent company JPW Industries.
I am Jack Neel, a mechanical engineer, researcher, and writer. I created this website to share my knowledge about different brands and products with you. I research the manufacturers behind the brands and provide you with the information you need to make smart buying decisions.