Milwaukee Electric Tool
Milwaukee Electric Tool Corporation, known more commonly as Milwaukee Tool, is a multi-national company that develops, manufactures, and markets power tools, hand tools, tool accessories, tool storage, and personal protective equipment. Milwaukee Tool was last sold in 2005 for $626.6 million to the Hong Kong-based Techtronic Industries, also known as TTI Group. The company is now a subsidiary of TTI Group alongside brands like AEG, Ryobi, Hoover, Dirt Devil, and Vax. In 2022, $206 million was invested in Wisconsin research and development facilities.
Milwaukee Tool location in Milwaukee, WI | |
| Company type | Subsidiary |
|---|---|
| Industry | Manufacturing |
| Founded | 1924 |
| Founders | Albert F Siebert |
| Headquarters | Milwaukee, Wisconsin |
Key people | Steven Richman President |
| Products | Power tools |
Number of employees | 5,500 |
| Parent | Techtronic Industries |
| Website | www |
Milwaukee tools today are manufactured globally in China, Germany, Mexico, the United States , and Vietnam. The tools produced include corded and cordless power tools, hand tools, pliers, hand saws, screwdrivers, utility knives, impact drivers, and more. Primary Milwaukee Tool product lines include the M12, M18, MX FUEL, and PACKOUT tool, equipment, and tool storage systems. This company globally distributes other various tools like multimeters, thermal imaging equipment, oscillating multi-tools, drilling devices, chargers, and more.