It may surprise you to learn that only a few power tool companies own your favorite tools: DeWalt, Stanley, Black+ Decker, Bostitch, Craftsman, Vidmar, Mac Tools and Irwin. Brands such as Ryobi, Dirt Devil, Oreck, Milwaukee Electric and Hoover, for example, are owned by Techtronic Industries, based in Hong Kong. Stanley Black & Decker, based in Connecticut, owns many brands besides his name, including Lenox, Craftsman, Irwin Tools, DeWalt and CribMaster. In this infographic, the size of each company's hand (26% of revenue from power tools) is shown by circular area.
Stanley Black & Decker is in the larger circle because he has the highest income with hand power tools, 26%. Nearby is the Bosch hand and power tool business. And so on until you reach Positec, JPW Industries and Ingersoll Rand, where the smaller circles represent their respective smaller revenues. They also produce cordless power tools for other popular companies that you definitely know, such as the Lowes line of Kobalt 24V MAX Brushless power tools.
I'm not sure about the potency of Wen and cobalt, but cobalt hand tools are currently manufactured by JS Products (imported) in Las Vegas, this will most likely change when Lowes hires Craftsman Tools manufactured by Stanley Black & Decker. According to data from Stanley Black & Decker, as we discussed in a recent publication, SBD is the largest and most profitable tool manufacturer in the world, at least when it comes to construction and DIY tools. Dewalt has one of the broadest lines that surpasses Milwaukee, but much of it is based on the improvement of Stanley Black and Decker or is manufactured on a contract basis once it moves away from major power tools. Ridgid hand tools and other plumbing and professional industry tools are not included in the agreement.
Paul, Minnesota, USA UU. PB Swiss Tools — Wasen, Sumiswald, Bern, Switzerland Sandvik (Sandvik Coromant, Seco, Dormer Pramet and Walter) — Stockholm, Sweden Staedtler Mars — Nuremberg, BY, Germany Stahlwille Eduard Wille — Wuppertal, NRW, Germany Super Tool Co — Sakai-City, Osaka Pref. Illinois Tool Works (ITW) has tool companies such as Miller Welders, Hobart Welders, Ramset, Paslode and a large number of consumables under its corporate umbrella. In fact, Dormer-Pramet is part of the Sandvik Group and recently acquired Wetmore Tool and parts of the Miranda Tools business.
TTI designs, produces and markets Ridgid power tools for Home Depot, and also produces certain tools for Craftsman. The goal was to find the tool companies that manufacture and own most of the tool brands you know and love. In 2003, Robert Bosch GmbH combined its North American power tools and accessories divisions into a single organization that created Robert Bosch Tool Corporation. Danaher was the main OEM of Craftsman machine tools before Danaher and Cooper joined forces, and then Apex Tool Group made the deal with them.
They sold Apex to Bain Capital, which has been closing tool divisions such as Armstrong, Allen and KD and manufacturing tools in Taiwan. Apex Tool Group is owned by Bain Capital and was formerly a joint venture between Danaher and Cooper Tools. Maybe there are some independent ones left; like Kett Tool, I'm not sure what part of Martin's tool production has moved overseas, either. In addition, there is another line of professional tools that most people don't know about in the U.S.
In the US, or at least they're not that popular, but they have some serious tools.