bullet power tools manufacturers
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Ever wonder who owns Craftsman tools? How about Milwaukee, Mac Tools, or Skilsaw? It may surprise you to know that only a handful of power tool companies own your favorite tools. That’s right, most tool brands fall under a parent company that also controls additional power tool manufacturers and brands. We break it down for you…with charts!
Stanley Black & Decker (SBD) turned heads when it bought Craftsman Tools in 2017 after Sears closed 235 stores in 2015. The company owns many brands, however. Dating back to 1843 with a man named Frederick Stanley, the company quickly formed its roots. In 2010, it merged with another company that started in 1910—Black and Decker. As of 2017, the company maintains a $7.5 billion business in tools & storage alone. SBD brands include:
As it turns out, TTI owns Milwaukee Tool and a host of other power tool companies. It also licenses the RIDGID* and RYOBI names for cordless power tools (Emerson owns RIDGID). TTI stands for Techtronic Industries Company Limited (TTI Group). Founded in 1985 in Hong Kong, TTI sells tools all over the world and employs over 22,000 people. TTI is listed on the Hong Kong Stock Exchange and had worldwide annual sales of over US$6 billion in 2017. Their brands include:
Not anymore. In 2017, Chervon acquired Skil Power Tool Brands from Bosch. This added two big brands to their portfolio: Skilsaw and Skil. Chervon started its power tools business unit back in 1993, launching the EGO brand of cordless outdoor power equipment in 2013. In 2018, the company rebranded Skil (including the logo) and announced new 12V and 20V cordless power tools. Today, Chervon tools and products are sold by more than 30,000 stores in 65 countries. Chervon manufactures the following brands:
First off, Bosch Tools only represents part of the Bosch Group which includes Robert Bosch GmbH and over 350 subsidiaries across 60+ countries. In 2003 Robert Bosch GmbH combined its North American power tool and power tool accessory divisions into one organization, forming Robert Bosch Tool Corporation in North America. The company designs, manufactures, and sells power tools, rotary and oscillating tools, power tool accessories, laser and optical leveling devices, and range finding tools all over the globe. Bosch also manufactures the following tools:
Husqvarna Group manufactures chainsaws, trimmers, robotic lawn mowers, and ride-on lawnmowers. The Group also makes garden watering products as well as cutting equipment and diamond tools for the construction and stone industries. They have a presence in more than 100 countries and employ over 13,000 people in 40 countries. Husqvarna Group also owns the following tools:
JPW owns several large brands including Jet, Powermatic, and Wilton. The company has its headquarters in La Vergne, Tennessee but also has operations in Switzerland, Germany, Russia, France, Taiwan, and China. They sell products in 20 countries throughout the world. Their tool brands include:
Apex Tool Group has its headquarters in Sparks, Maryland, USA and employs more than 8,000 workers. They operate in more than 30 countries throughout North and South America, Europe, Australia, and Asia. Annual revenues exceed $1.4 billion on the sale of hand tools, power tools, and electronics tools for the industrial, automotive, aerospace, and construction/DIY markets. The following tool manufacturers belong to APEX Tool Group:
Headquartered in St. Louis, Missouri (USA), Emerson controls power tool manufacturers and products in the industrial, commercial, and residential markets. While TTI licenses the RIDGID name for power tools, Emerson controls the following tools (among others):
Based in Wendlingen, Germany, TTS or Tooltechnic Systems owns Festool (electric and pneumatic tools), Tanos (not to be confused with the guy who destroyed half the universe), Narex, Sawstop, and now Shaper Tools. TTS is truly behind the scenes as it doesn’t really have appear to have its own website (at least not in the US) or an official logo. In bullet point format, its subsidiaries include:
Yamabiko Corporation started in 2008 and has three core business segments: outdoor power equipment, agricultural machinery, and industrial machinery. Based in Japan, Yamabiko is a global company with major markets in Japan and North America, and a growing presence in Europe and Asia. Tool brands include:
Founded over 100 years ago, ITW manufactures specialized industrial equipment, power tools, hand tools, and consumables. ITW operates in 57 countries with over 50,000 employees. They also have more than 17,000 granted and pending patents. ITW brands include:
Who makes Harbor Freight Power Tools remains a mystery—possibly because they may have switched suppliers in the past. Some have suggested LuTool, a company established in June 1999 supplies their power tools. LuTool has headquarters in Ningbo, China, and a North American office in Ontario, Canada. LuTool is owned by Gemay (Ningbo Gemay Industry Co Ltd) which also has its headquarters in Ningbo, China.
Not to be outdone, others have suggested Powerplus as the manufacturer behind the Drill Master, Warrior, Bauer, and Hercules lines of tools. Powerplus is a division of European company Varo with headquarters in Belgium.
Hilti and Makita are just Hilti and Makita. Hilti doesn’t have any subsidiary companies underneath them or a parent company over them. Makita, on the other hand, did acquire the Dolmar brand, bolstering its already-impressive line of outdoor power equipment tools. It’s pretty impressive the market share each of these companies enjoys!
We can’t leave out the popular house brands available at those big-box retailers and home improvement warehouses. Note that many (if not all) of the brands below represent ODM or OEM solutions. That means the tools get specified by the store but executed by another manufacturer. In other scenarios, tools are “offered” to a retailer and then manufactured in bulk upon acceptance of a buyer’s order.
While you may have thought you knew who owned all those power tool manufacturers, consolidation has changed the playing field. By far, Stanley Black & Decker demonstrates the largest buyout pattern. Companies like TTI, Apex Tool Group, ITW, and others also enjoy adding to their numbers.
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Most people have heard of Stanley tools or Black & Decker. While each of these is their own company, they’re under the umbrella company of Stanley Black & Decker. But that’s not all that’s under the Stanley Black & Decker label. Some of the biggest names in tools are owned by this mega-corporation that’s headquartered in New Britain, Connecticut, USA.
DeWalt is one of the tool brands most trusted by professionals across a wide range of industries, and they’re actually a subsidiary of Stanley Black & Decker. Porter-Cable, which is often considered to be some of DeWalt’s most direct competition, is also owned by Stanley Black & Decker. And don’t forget Craftsman; another massive name in tools that’s trusted by professionals in industries like automotive and construction.
Bostitch and MAC Tools are also under the Stanley Black & Decker banner, as well as several other smaller companies, including Vidmar, Lenox, Sidchrome, Powers, Proto, Lista, and Facom.
You’re almost guaranteed to know some of the biggest names under the Techtronic Industries banner, such as Milwaukee Power Tools, which has its headquarters in Brookfield, Wisconsin. Milwaukee is known for producing high-end tools, but Techtronic Industries also makes tools under several other well-known names that aren’t quite as renowned for their high quality.
Ryobi is one of the names that Techtronic Industries produces tools under, though they don’t own the entire Ryobi company. Rather, they have a licensing deal that allows them to produce and distribute Ryobi tools in Australia, North America, New Zealand, the UK, and Europe. Ryobi tools sold elsewhere are produced by an independent Ryobi tool company.
Similarly, Techtronic Industries has a licensing agreement with Emerson that allows them to produce Ridgid power tools, which are essentially a Home Depot exclusive brand.
If you’ve been around tools for a long time, then you almost certainly know of Bosch. But you might not realize that Bosch is a big conglomerate with multiple manufacturers under its name. Bosch Tools is one of the biggest names under the Bosch banner, producing tools for a variety of industries.
Bosch also owns some more specialized companies, such as Dremel, which is known for their small rotary tools. RotoZip is also a Bosch subsidiary, and they’re known for rotary tools as well, though on a larger scale. Freud and Diablo are the same company, and they’re known for making excellent saw blades.
There are also several companies in the Bosch stable that produce automotive tools and equipment, such as Accu-turn, Beissbarth, Robinair, OTC, and Sunpro. Bosch used to own gardening tool brands Gilmour and Nelson but sold them to Fiskars in 2014.
No, not Chevron, this is Chervon. They own some pretty well-known tool companies, including Skil and Skilsaw, which were purchased from Bosch back in 2017. Those are two of the biggest names in the Chervon family, but Chervon is more than just a parent company. They also produce cordless power tools for other popular companies that you definitely know, like the Kobalt 24V MAX Brushless line of power tools at Lowes.
Other companies that are owned by Chervon include EGO, which makes a potent line of cordless outdoor power equipment, and Devon that makes professional power tools for metalworking, woodworking, and stoneworking, plus high-end DIY tools.
JPW Industries, based in La Vergne, Tennessee, sells products in 20 countries across the world. They offer U.S. based technical support and service for all the brands under their name, which includes such brands as JET Tools. Though JPW Industries is the main parent company, they’re actually owned by a private equity firm named Gamut Capital Management, which is based in New York and manages over $1 billion in assets.
JET is a respected and trusted industrial tool brand, but it’s not the only good name on the roster. JPW Industries subsidiaries include other trusted brands like Wilton that has been producing workholding equipment and striking tools since 1941. Powermatic has been making woodworking tools for hobbyists and master professionals alike for 100 years now. And Edwards Manufacturing, an American company, has been producing tools for ironworking since 1875.
Also included on the JPW Industries roster are companies that make air compressors, fans, pumps, and dehumidifiers like Tool Aire, or companies that produce welding equipment, such as GYS. ProMac creates powerful tools like arbor presses, bandsaws, lathes, and hoists for commercial and household use. And Baileigh Industrial, a newer company founded in 1999, has over 500 woodworking and metalworking products for sale across Europe and America.
Emerson is an international corporation that produces professional tools for anyone in the mechanical, electrical, utility, or plumbing trades. They own several companies, including Greenlee, which has been making top quality products for storage, material handling, testing, fabrication, hole making, bending, and more for over 150 years.
There’s one name on the Emerson lineup you’ll almost certainly know — Ridgid. But if you recall, we already mentioned that most Ridgid tools are produced by Techtronic Industries under a licensing agreement. It’s a bit tricky, but essentially, the Ridgid power tools that are exclusive to Home Depot are entirely made, sold, and distributed by Techtronic Industries. But all the other Ridgid tools, including hand tools, plumbing tools, and other professional industry tools are not licensed to Techtronic Industries; they’re still produced by Ridgid, under the Emerson banner.
Also under the ITW name is a big name in welding, Hobart. If you’ve welded before, or even if you’ve only read about welding, you’ll likely have heard of Hobart or seen their tools. As if that’s not enough of the welding market, ITW owns not just one big name in welding, but two, with Miller Welding as another of their subsidiaries. And you might also know of Paslode, a company that focuses primarily on creating nail guns.
There’s one more tool company under Fortive. They’re a well-known company that produces quality hand, power, and automotive tools, such as socket wrenches, impact wrenches, ball joint presses, fuel pressure test kits, and more.
Delta Power Tools used to be owned by Stanley Black & Decker, but in 2011, it was sold to a Taiwan-based company and a new company was created — Delta Power Equipment Corp. Delta is now operating as its own company, with Chang Type, the Taiwan-based company that purchased Delta Power Tools, manufacturing the tools. Chang Type also produces tools for some of the biggest tool brands in the world, including companies owned by both Stanley Black & Decker and Techtronic Industries.
Snap-on tools is one of the most trusted and loved brands of automotive tools around. You might have even seen the big Snap-on tool trucks driving around, delivering their tools to different shops. But you probably didn’t realize that Snap-on is an umbrella company with quite a few businesses under their belt. These fall under several different Snap-on companies, including Snap-on, Snap-on Industrial, Snap-on Specialty Tools, and SNA Europe.
Some of the biggest names under the Snap-on brand include Sioux, which makes some of the best pneumatic power tools in the world. Snap-on also owns SUN; the brand that many automotive dealers and repair shops trust for their automotive service equipment.
While some tool brands have managed to remain independent and see tremendous growth worldwide, most of the well-known and trusted tool brands are subsidiaries of larger corporations that own many other tool brands as well. In some cases, two brands that are in direct competition are owned by the same parent company! At the end of the day, this information won’t have any effect on the tools you’re using, so stick with your favorite brands, even if you were surprised to find out they’re in the same family as other brands you don’t prefer.
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