Florida Pneumatic Manufacturing Corporation is a subsidiary of P&F Industries, Inc.  Florida Pneumatic Manufacturing Corporation ("Florida Pneumatic") imports and manufactures approximately 50 types of pneumatic hand tools under the names "Florida Pneumatic", "Universal Tool" and "Fuji", as well as under the trade names or trademarks of other private label customers. Pneumatic tools are similar in appearance and function to electric hand tools, such as sanders, grinders, drills, saws and impact wrenches, but are powered by compressed air, rather than by electricity, and are generally less expensive to operate, lighter in weight and more powerful than their electric counterparts. Florida Pneumatic recently launched a new line of pneumatic hand tools, including nailers and staplers, which has been well received in the marketplace. Products are sold to distributors, retailers, private label customers, industrial maintenance and production staffs, do-it-yourself mechanics, automobile mechanics and auto body repairmen. The Berkley division markets a line of pipe and bolt dies, pipe taps, pipe and tubing cutter wheels and replacement electrical components for a popular line of pipe-cutting and threading equipment. The Tradesman division manufactures heavy-duty pipe wrenches.