Our Team

  • Diane Peterson Edwards

    Diane Peterson Edwards is the President and CEO of Peterson Tool Company (PTC), a family-owned company that she first joined while in high-school, providing front office and shipping support. Edwards later served as Human Resources and Benefits Coordinator, utilizing her skills of building and maintaining important relationships in business in order to enhance Peterson Tool’s record of excellence in customer service. Since being appointed CEO in 2012, Edwards has spearheaded many corporate initiatives including implementation of new software along with new measurement and CNC equipment. Diane also focuses on enhancing the positive company culture for all employees and customers of Peterson Tool.

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    Diane Peterson Edwards

    Diane Peterson Edwards is the President and CEO of Peterson Tool Company (PTC), a family-owned company that she first joined while in high-school, providing front office and shipping support. Edwards later served as Human Resources and Benefits Coordinator, utilizing her skills of building and maintaining important relationships in business in order to enhance Peterson Tool’s record of excellence in customer service. Since being appointed CEO in 2012, Edwards has spearheaded many corporate initiatives including implementation of new software along with new measurement and CNC equipment. Diane also focuses on enhancing the positive company culture for all employees and customers of Peterson Tool.

    Peterson Tool, a legacy company, was founded over 50 years ago by Diane’s father, the late John L. Peterson. After his untimely death, the company was led, for over 30 years by Diane’s mother, Nancy Sanders Peterson, who led Peterson Tool to record growth and global leadership and prominence in the special cutting tool solutions marketplace.

    Diane Peterson Edwards is a graduate of Vanderbilt University, where she received a BA in Political Science. During her professional career, she also established Gourmet Catering, a successful company that she operated for many years. Diane and her husband (Dr. William Edwards,Jr.) have three children.

  • Nancy Peterson Hearn

    A nationally recognized business entrepreneur, Nancy Peterson Hearn is chairman and chief executive officer of Peterson Tool Company, Inc. Under her leadership, the company has made exponential gains in sales, production and reputation, and is ranked among the world’s premier designers and manufacturers of custom insert tooling. Peterson Tool received ISO 9001 certification, and has earned numerous quality and certification awards including General Motors’ Targets for Excellence Award and Caterpillar’s coveted Certified Supplier of Quality Materials awards.

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    Nancy Peterson Hearn

    A nationally recognized business entrepreneur, Nancy Peterson Hearn is chairman and chief executive officer of Peterson Tool Company, Inc. Under her leadership, the company has made exponential gains in sales, production and reputation, and is ranked among the world’s premier designers and manufacturers of custom insert tooling. Peterson Tool received ISO 9001 certification, and has earned numerous quality and certification awards including General Motors’ Targets for Excellence Award and Caterpillar’s coveted Certified Supplier of Quality Materials awards.

    The first American to earn the prestigious Veuve Clicquot Business Woman of the Year Award (1990), Ms. Hearn has a distinguished leadership record that includes roles on some of the most prestigious boards in the nation. She has served as Southeast Region chair for C200, which established the Nancy Sanders Peterson Scholars Award in her honor. She chaired the C200 Auction from 2000 to 2008, and her efforts have helped to raise several millions of dollars for the C200 Foundation. She also serves on the board of The Society of International Business Fellows, the Aquinas College Board of Governors, and the Mississippi University for Women’s National Board of Distinguished Women.

    Ms. Hearn’s longstanding record of community activism includes current roles on the Tennessee Workforce Development Board and the Tennessee Council on Vocational Education, and has been recognized by The National Federation of Parents for Drug Free Youth. As a spokesperson for private industry, she champions the advancement of sound economic policies and professional healthcare standards.

    Ms. Hearn is the mother of six adult children, two of whom are actively involved in Peterson Tool Company, Inc. Her son, John L. Peterson, Jr., serves as the firm’s president and her daughter Diane Edwards is Director of Human Resources. She is married to Billy Ray Hearn, the founder of EMI Christian Music Group.

Departments

  • Sales/Marketing

    Regional sales support allows us to build relationships with our customers. This allows us to better understand their needs and gives them an outlet if they have questions or need assistance with new products. Contact us today.

  • Office/Accounting/HR/Purchasing

    Our office staff covers from the time a customer places a quote until the order is invoiced. We pride our selves on customer service and our knowledge of each of our customers. From checking on deliveries to answering questions you may have on your order, our staff is top notch.

  • Design/Engineering

    Our design and engineering department creates custom tools for each individual customer’s demand. Using OEM machine standards to set base dimensions our tools are right every time. With our Thrift® packages changeover and setup times are incredibly reduced, allowing your company to save money while also benefiting from superior tool quality.

  • Machining

    Our machine shop allows us to create custom tools to our customer’s specifications. This department incorporates CNC Mori Seiki Lathes, HAAS and Bridgeport Milling machines. We can make pocketed insert tools that can be round or flat for reduced cost over solid cutters.

  • Flat Grind

    This department includes our form steel grinding, secondary clearances, top rake and unloading operations. We also finish dimensions and hold tight tolerances, as close as +/-.00025, while our operators complete 100% in-process inspections.

  • EDM (EDG)

    Proprietary process used at Peterson Tool Company In which we use Electrical Discharge Grinding to remove raw material; leaving the desired form in the insert. This process is optimal because of the removal of the thick recast layer leaves a substrate that is relatively unchanged.

  • Coating

    Peterson Coating Technologies was developed in 1998. Our coating chambers were designed to the highest standards. Our coating lab is a clean environment that utilizes a cleaning line and verification lab. We have the capability to coat in TiN, TiCN, and CrN.

  • Round Grind

    Our combined 180+ years of experience in tool and cutter grinding gives our customers superior tool quality. These tools can be solid, carbide or HSS, or brazed tip tools.

  • Shipping

    Our shipping department uses a variety of methods to ensure your product arrives safely. We use a laser marking method to clearly identify our tools for legibility.

  • Quality Control

    Peterson Tool Company is an ISO 9001:2008 certified company. We hold our tools to the highest standard and ensure that your tool is to our print. To hold this level of quality standard our quality manual incorporates gage calibration, process control points, and procedural controls.

  • International

    With representation across the globe Peterson Tool Company is an international company. Currently working in Canada, Mexico, South America, Europe, and Asia, we have dedicated ourselves to growing across the world. Find out more »