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CEO of California tool company dies

Walter Kopala Jr., president and CEO of Thorsen Tool, died after a long battle with cancer, according to a statement released by the Ontario, Calif.-based company.

In its statement, the company said Kopala “will be succeeded by his friend and associate Randall L. Wright,” who currently serves as COO and interim CEO.

Thorsen Tool manufactures hand tools and is a corporate affiliate of Amarillo Hardware, based in Amarillo, Texas.

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