Xcelite is a brand of hand tools geared towards the electronics service industry. It is currently owned by Apex Tool Group and markets screwdrivers, nut drivers, pliers, and various specialized electronics tools. Xcelite was founded in 1921 by F. Birney Farrington, as the Park Metalware Company, a small metalworking shop in Orchard Park, New York. By 1952, the Xcelite brand name was so well known in the electronics, television and radio repair industries, the company changed its corporate name to Xcelite,