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  • Emerson Announces New RIDGID Power Tools

    St. Louis, MO, July 1, 2003 – Emerson Professional Tools, a business of Emerson (NYSE: EMR), today announced efforts to enhance the manufacturing and marketing of Emerson’s RIDGID® brand bench top and stationary woodworking power tool products. Under the agreement, One World Technologies (OWT), a wholly owned subsidiary of TechTronic Industries Company Limited (TTI) (HKEx stock code 669; ADR symbol TTNDY), will supply these RIDGID® brand tools, leveraging the strengths from each organization in engineering and quality manufacturing.

    The tools will be built to meet the high standards established by Emerson that customers have come to expect from the RIDGID brand name -- hallmarks such as reliability, durability, best-in-class manufacturing, industry-leading design and professional quality.

    “This new partnership and business model will further enhance an innovative line of power tools that already has the respect of end users everywhere,” said Pat Sly, Emerson executive vice president and Emerson Professional Tools business leader. “RIDGID tools have long been recognized as superior products within the industry, and this agreement will strengthen that position.”
    The Home Depot is and will remain the exclusive hardware home center retailer of RIDGID bench and stationary woodworking power tools, as well as wet/dry vacs, hand tools, pumps and plumbing/pipefitting tools.

    With a well-established reputation in the power tool industry, OWT will leverage its record of innovation, product development and leading capabilities in manufacturing logistics and distribution. Strict adherence to RIDGID quality standards will be maintained as the companies transition production.

    “This is quite an honor for One World Technologies to manufacture these bench top and stationary tools,” said Bob Freitag, Executive Vice President of OWT. “In fact, the new line will include improved features and benefits consistent with RIDGID’s reputation for meeting and exceeding the needs of professional contractors. This is a win-win for all parties, and we’re excited to help ensure that the RIDGID brand continues to be a success for The Home Depot,” Freitag continued.

    Tool users can expect the new line of bench top and stationary power tools from the partnership to begin appearing in The Home Depot stores this August.

    Emerson will continue supporting the full RIDGID line and will remain a significant manufacturer of RIDGID wet/dry vacuums, hand tools, and other products for The Home Depot.

    The new partnership also impacts technical and after-sales service for the bench top and stationary woodworking power tools. RIDGID has always enjoyed an excellent reputation for service, and this agreement will expand and improve performance in that area. New services include nationwide two-day UPS part service for faster turn-around, triple the number of available local service centers, and a dedicated, full-time staff to answer technical woodworking tool-related questions.

    As always, customers can call 1-800-4-RIDGID (1-800-474-3443) to speak with a RIDGID technical service representative and obtain service part ordering information or visit www.ridgid.com. An additional toll free number, 1-866-539-1710, is also available to further facilitate customer inquiries.

    Emerson Professional Tools brings together technology and engineering to design and produce some of the highest quality tools and equipment in the world. From wet/dry vacs to the industry's best-selling pipe diagnostic system, key brands include RIDGID, Knaack and Weatherguard. Emerson Professional Tools is a business of St. Louis-based Emerson (www.gotoemerson.com), a global leader in providing innovative solutions to customers in electronics and telecommunications; process control; industrial automation; heating, ventilating and air conditioning; and appliance and tools. Sales in fiscal 2002 were $13.8 billion.

    Founded in 1985, TTI is one of the largest and fastest growing manufacturers of professional and do-it-yourself home improvement products. The company manufactures power tools, gas and cordless outdoor power equipment and floor care products such as vacuums and deep cleaning extractors. The products manufactured by TTI are sold under its own industry leading brands and under other internationally recognizable brand names under an OEM basis. The company employs over 12,000 employees worldwide. The company has enjoyed continuous growth since its listing on the Hong Kong Stock Exchange in 1990, achieving double-digit growth for the past eight years.

  • #2
    From the TTI website:

    "TTI maintains an expanding stable of well-established and fast-growing brands, including Ryobi power tools, Ryobi and Homelite outdoor power equipment and Dirt Devil and Vax floor care appliances."

    Time will tell if this will be a positive or negative for the Ridgid woodworking line but I'm glad I got in under the wire with my US made TS2412. It appears that there is now product competition/redundancy within the Shop-Vac and Woodworking tool lines at TTI, I can't wait to see how that all shakes out.

    Comment


    • #3
      Norm,

      You are senior web guy? Well, half the pages and links on the website are non-functional and/or take you to Spanish language pages! The orange theme is also ugly.

      Comment


      • #4
        I've been all over the site and have had problems but have not been to anything in spanish. That would be a little humorous. Ya me voy mi amigos,
        Adios,
        Rafael
        www.TheWoodCellar.com

        Comment


        • #5
          [QUOTE]Originally posted by Norm:
          St. Louis, MO, July 1, 2003 – Emerson Professional Tools, a business of Emerson (NYSE: EMR), today announced efforts to enhance the manufacturing and marketing of Emerson’s RIDGID® brand bench top and stationary woodworking power tool products. Under the agreement, One World Technologies (OWT), a wholly owned subsidiary of TechTronic Industries Company Limited (TTI) (HKEx stock code 669; ADR symbol TTNDY), will supply these RIDGID® brand tools, leveraging the strengths from each organization in engineering and quality manufacturing.

          The tools will be built to meet the high standards established by Emerson that customers have come to expect from the RIDGID brand name -- hallmarks such as reliability, durability, best-in-class manufacturing, industry-leading design and professional quality.

          “This new partnership and business model will further enhance an innovative line of power tools that already has the respect of end users everywhere,” said Pat Sly, Emerson executive vice president and Emerson Professional Tools business leader. “RIDGID tools have long been recognized as superior products within the industry, and this agreement will strengthen that position.”
          The Home Depot is and will remain the exclusive hardware home center retailer of RIDGID bench and stationary woodworking power tools, as well as wet/dry vacs, hand tools, pumps and plumbing/pipefitting tools.

          With a well-established reputation in the power tool industry, OWT will leverage its record of innovation, product development and leading capabilities in manufacturing logistics and distribution. Strict adherence to RIDGID quality standards will be maintained as the companies transition production.

          “This is quite an honor for One World Technologies to manufacture these bench top and stationary tools,” said Bob Freitag, Executive Vice President of OWT. “In fact, the new line will include improved features and benefits consistent with RIDGID’s reputation for meeting and exceeding the needs of professional contractors. This is a win-win for all parties, and we’re excited to help ensure that the RIDGID brand continues to be a success for The Home Depot,” Freitag continued.

          Tool users can expect the new line of bench top and stationary power tools from the partnership to begin appearing in The Home Depot stores this August.

          Emerson will continue supporting the full RIDGID line and will remain a significant manufacturer of RIDGID wet/dry vacuums, hand tools, and other products for The Home Depot.

          The new partnership also impacts technical and after-sales service for the bench top and stationary woodworking power tools. RIDGID has always enjoyed an excellent reputation for service, and this agreement will expand and improve performance in that area. New services include nationwide two-day UPS part service for faster turn-around, triple the number of available local service centers, and a dedicated, full-time staff to answer technical woodworking tool-related questions.

          As always, customers can call 1-800-4-RIDGID (1-800-474-3443) to speak with a RIDGID technical service representative and obtain service part ordering information or visit www.ridgid.com. An additional toll free number, 1-866-539-1710, is also available to further facilitate customer inquiries.

          Emerson Professional Tools brings together technology and engineering to design and produce some of the highest quality tools and equipment in the world. From wet/dry vacs to the industry's best-selling pipe diagnostic system, key brands include RIDGID, Knaack and Weatherguard. Emerson Professional Tools is a business of St. Louis-based Emerson (www.gotoemerson.com), a global leader in providing innovative solutions to customers in electronics and telecommunications; process control; industrial automation; heating, ventilating and air conditioning; and appliance and tools. Sales in fiscal 2002 were $13.8 billion.

          Founded in 1985, TTI is one of the largest and fastest growing manufacturers of professional and do-it-yourself home improvement products. The company manufactures power tools, gas and cordless outdoor power equipment and floor care products such as vacuums and deep cleaning extractors. The products manufactured by TTI are sold under its own industry leading brands and under other internationally recognizable brand names under an OEM basis. The company employs over 12,000 employees worldwide. The company has enjoyed continuous growth since its listing on the Hong Kong Stock Exchange in 1990, achieving double-digit growth for the past eight years.
          [/QUOTE

          Well, Norm,

          I'm having a hard time sitting down after hearing the news. All I can bring myself to utter is: Big Whoopty ****.

          You mean us dumb *** construction workers will finally have the opportunity to buy quality Chinese tools with a Ridgid decal affixed to them.

          Hold-on, let me contain my excitment.

          Who is in charge of running Ridgid? You're turning one of the great American tool makers into a joke.

          As a long time plumber, I'm sad. I came up with Ridgid.
          the dog

          Comment


          • #6
            plumbdog10, did you happen to check the date on Norms' original thread? Most of the tools he is talking about have been in the marketplace for around 19 months now.

            As far as Made in China tools are concerned, most of the major tool manufacturers have at least some of their tools made there. FWIW, not all of the Ridgid tools are made in China.
            Teach your kids about taxes..........eat 30 percent of their ice cream.

            Comment


            • #7
              Originally posted by badgerdave:
              plumbdog10, did you happen to check the date on Norms' original thread? Most of the tools he is talking about have been in the marketplace for around 19 months now.

              As far as Made in China tools are concerned, most of the major tool manufacturers have at least some of their tools made there. FWIW, not all of the Ridgid tools are made in China.
              Badgerboy,

              I hope most of your work is in Asia, because that's where the work is going.
              the dog

              Comment

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