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Hennessy Industries is a subsidiary of Fortive Corporation and is referred to as a Fortive Company.
Originally Matco was the box manufacturing division of Mac Tools. However, they have not been associated with Mac since Matco Tools was formed 1979. Former corporate owner Danaher spun off several subsidiaries, including Matco, in 2016 to create Fortive.
Teletrac was among the businesses spun off in 2016 to create Fortive, and in 2020 Fortive split out its transportation businesses to create Vontier. Teletrac merged in 2015 with Taiwan-owned Navman Wireless, a maker of GPS navigation devices, and the resulting company was headquartered in Glenview, IL.