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The leader in tool, equipment and materials management since 1991

Over 4,000 companies Use ToolWatch to Manage More than 39 Million Tools and Materials

These are figures you achieve after almost 20 years in business—when you serve everyone from the world’s leading companies to the small business that just needs an easy-to-use yet powerful tool and materials management system.

How do we do it? We offer the most comprehensive tool and materials management solution in the industry. Award-winning technology that can be implemented quickly, is easy to use and requires zero software or IT commitment. And we make it affordable for everyone. That’s how we’ve become the industry standard in tools and materials management.

Learn more about our innovative technologies below.

How It All Started—The History of ToolWatch

In 1991, Don Kafka, an electrical contractor at the time, knew that his tools were slowly disappearing. The idea of spending valuable time searching for them was not appealing, but missing tools also meant he was unnecessarily losing profits.

After futile efforts to find an immediate, off-the-shelf solution to this problem, Kafka decided to develop his own system. The first iteration of ToolWatch addressed many of Kafka’s tool-related challenges. However, it wasn’t long before he developed the vision of a total solution for tool, equipment and materials management. Over the next decade, this vision gained rapid acceptance in an industry long plagued by high levels of tool loss, damage and hoarding.

Since then, Kafka and the ToolWatch team have implemented thousands of customer-suggested improvements and enhancements, culminating in what is today the world’s leading tool and materials management solution. More than 4,000 organizations in more than 20 countries use ToolWatch to streamline the process of managing tools, equipment, materials and consumable items across their organizations.

Easy to use and delivered through the cloud, ToolWatch uses one centralized database to securely store critical information on all warehouse and field operation assets.

Customer Success Stories

ToolWatch’s more than 4,000 worldwide customers represent emerging contractors, global construction organizations, Fortune 500 companies, gas and oil firms, manufacturing organizations and even the U.S. military.

Additionally, many of the nation’s top contractors—including 30 percent of the ENR Top 400 general contractors and 20 percent of the ENR Top 600 specialty contractors—leverage ToolWatch every day to improve tool and equipment retention, prevent costly project delays, reduce cost overruns, and boost field and warehouse productivity.

Discover how ToolWatch customers have dramatically reduced tool loss while managing materials more affordably and with less effort.

BMHC

ToolWatch Helps SelectBuild Save More Than $400,000 Annually

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Flint Energy Services

Flint Energy Services Keeps Tools in the Pipeline

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Trepus Corporation

Demolition Specialist Doesn’t Waste Time, Money Replacing lost Tools

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RK Mechanical

RK Mechanical Cuts Tool Loss in Half with ToolWatch

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FABCO

Behind the Scenes

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Yates Construction

Yates Construction Stops Gambling on Tool Retention

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Salt River Project

Trained and Ready

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Performance Contracting

ToolWatch Produces ROI in First month

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Bowen Engineering

Bowen Engineering Gets More Than it Bargained for with Tool Tracking Program

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Carolina Power & Light

Carolina P&L Powers Up Tool Inventory Management With ToolWatch System

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Contra Costa Electric

Stolen Tools Recovered with ToolWatch’s Help

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Thompson Electric

ToolWatch Part of Thompson Electric’s Success

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Kaikor Construction

The Case of the Disappearing Diamond

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Awards

ToolWatch is proud to have been honored for its achievements in providing quality products and services to industries that need to manage tools, equipment and materials more effectively and affordably. These awards reflect our commitment to innovation, continuous improvement and strong relationships with our customers.

Construction Executive 2013 Hot Products

Hot Product Award, Construction Executive Magazine (2013)

For the third year in a row, ToolWatch is recognized as a 2013 Hot Product by Construction Executive Magazine. ToolWatch and its cloud-based asset management software, Enterprise, are honored as an innovative company and technology that is changing the industry by helping contractors streamline operations, reduce risk and inefficiencies, and contribute to construction’s bottom line.

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Constructech 50

Constructech 50 Award, Constructech Magazine (2012)

The Constructech 50 is a listing of the most influential construction-technology providers with a strong and ongoing market presence. Constructech selects recipients based on how its product/service aids the construction industry, ongoing customer satisfaction and growth, and outreach and educational efforts for the construction industry.

 

Hot Product Award, Construction Executive Magazine (2012)

ToolWatch is recognized as a 2012 Hot Product by Construction Executive Magazine. This honor is reserved for innovative companies and technologies that are changing the industry and helping contractors streamline operations, reduce risk and inefficiencies, and contribute to construction’s bottom line.

2011 Hot Products

ToolWatch’s Approach to Maximizing Use of Tools, Equipment, and Materials

2011 Hot Products, Construction Executive (2010) Construction Executive’s recognizes ToolWatch as a 2011 Hot Product. This honor is reserved for technologies that help contractors to streamline operations, reduce risk and inefficiencies and contribute to construction’s bottom line.

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Contructech Top 10 Products

ToolWatch wins Constructech Commercial Top Products award Magazine taps Enterprise 2.0 Job Cost and Billing Module as a 2010 winner

ToolWatch Enterprise 2.0 Job Cost and Billing Module, the construction industry’s first tool tracking system provider, was given a Commercial Top Product award in the Constructech third annual competition for technology providers serving the construction industry. Winning products have a high rate of functionality, increase efficiency, and are competitively priced. ToolWatch is the construction industry’s first tool tracking system provider.

Constructech Vision Awards

Vision Award, Constructech Magazine (2006)

The Constructech Vision Awards honor companies that have realized the advantages of applying modern technologies to their everyday businesses. Constructech awarded SelectBuild (formerly known as BMC Construction), a subsidiary of BMHC, the Constructech Vision Award for how the company is using technology in an innovative way to solve key business challenges. This marks the third year ToolWatch has won a Vision Award, and the fourth time overall the company and its clients have received the honor.

Constructech Vision Awards

Two Vision Awards, Constructech Magazine (2006)

The Constructech Vision Awards honor companies that have realized the advantages of applying modern technologies to their everyday businesses. Constructech awarded Yates Construction and Kaikor Construction Associates, Inc., Constructech Vision Awards for how each company is using technology in an innovative way to solve key business challenges.

Constructech 2004 Technology's Hottest

Technology’s Hottest Companies (2004)

Constructech magazine named ToolWatch as one of “Technology’s Hottest Companies” for 2004. This honor is awarded annually to technology providers who have developed innovative applications or products for the construction industry.

Media Contact

Tera Haselden
Philosophy Communication
303-394-2366
thaselden@philosophycommunication.com

Visual Media

Graphics Library >>

ToolWatch in the News

December 2012

Construction Executive
Cloud Computing – Why You Should Be Using It Now

August 2012

Constructech
Get Connected in Construction

April 2012

Tunnel Talk
Digital tool tracking technology

April 2012

Denver Business Journal
London Crossrail C-310 Thames Tunnel

March 2012

Constructech
No Tunnel Vision

December 2011

Construction Executive
It’s Time to Get Your Head in the Cloud

March 2011

Constructech
New API for Tool Tracking

February 2011

Constructech
RFID: A Short-Range Solution

January 2011

Constructech
RFID Steps Forward in Construction

November 2010

Electrical Contractor
Cool Tools: Tool Management

July 2010

Contractor Magazine
Asset Management Tools Yield Big Savings

October 2009

Asphalt Contractor
Slashing Costs with Smart Tool Tracking Technology

September 2009

Constructech
Re-Tooling Asset Management

January 2009

Construction Executive
New Technology Takes Software Applications to The Jobsite

February 2008

Construction Executive
Putting Tools and Profits Within Reach

January 2008

Michigan Contractor & Builder
Construction Resource Management

November 2007

ConstrucTech
Plugging the Drain on Resources

November 2007

Electrical Contractor
The Technology Tie-In

october 2007

Equipment World
Web-based management system tracks all assets

August 2007

Texas Contractor
Technology – ToolWatch

April 2007

Equipment Today
ToolWatch Enterprise

March 2007

Rental Equipment Register
Stop Tool Loss

March 2007

Construction Executive
Of Construction Resource Management

November 2006

Equipment Journal
ToolWatch Living Up To Its Name

May 2006

Electrical Contractor
Tool Management

ToolWatch Careers: Be Part of Our Success

ToolWatch is changing the way organizations manage their tools and materials. We recognize that our success is in large part due to the outstanding talent and dedication of our team members—individuals who share a common commitment to innovation, creativity, integrity and delivery beyond our customers’ expectations.

ToolWatch boasts experienced leadership, award-winning solutions, proven industry expertise and a reputation for rapidly delivering dramatic results to construction companies around the world. As a result, we are growing at a fast pace and continue to seek individuals who are looking for a dynamic, challenging and rewarding work environment.

We currently have openings in various positions. Inquiries and resumes may be sent to careers@toolwatch.com