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TTI acquires Milwaukee Elec. Tool

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  • TTI acquires Milwaukee Elec. Tool

    Received this today as a member of the Milwaukee Tool club

    "Subject: SPECIAL NEWS from the Milwaukee Electric Tool
    Date: Sat, 4 Sep 2004 16:54:50 +0000


    To all Milwaukee Heavy Duty Club Members:

    We have great news to share!

    Milwaukee Electric Tool is being acquired by Techtronic Industries Co. Ltd.
    (TTI), the world's fastest growing power tool manufacturer. Although you
    may not have heard about TTI, you're probably familiar with some of the
    brand name products owned by TTI, like Ryobi power tools, Homelite outdoor
    power equipment and Royal and Dirt Devil vacuum cleaners and floor care
    appliances.

    Joining forces with TTI will allow us to share TTI's research and
    development facilities. That means we'll have even more engineering and
    manufacturing expertise to draw on in order to produce the innovative
    products that you've come to expect from Milwaukee.

    We currently employ more than 2,000 people and have four manufacturing
    plants in Wisconsin, Mississippi and Arkansas, making Milwaukee the only
    power tool manufacturer with the majority of its tool production in the
    U.S. Our team will now join forces with TTI North America, which employs 1,
    800 people in Ohio and South Carolina.

    Our products will continue to carry the familiar Milwaukee brand and you'll
    be able to buy the tools and accessories you need from your favorite
    retailer or distributor.

    At Milwaukee, we're proud of our 80 years of dedicated service to
    professional power tool users. The product and service levels that you've
    come to expect from Milwaukee will be the same - if not better - in the
    years ahead. As we begin this next chapter, we thank you for your continued
    support and invite you to keep sending us ideas on how to make Milwaukee
    power tools and accessories even better.

    We fully expect to become a stronger company as a result of this
    acquisition. This should translate into even more high-quality, innovative
    power tool and accessory systems from Milwaukee.

    Thank you for owning and using Milwaukee Electric power tools.

    Sincerely,

    Dan Perry, President
    Milwaukee Electric Tool"

  • #2
    Yeah, great f'n news. I got that email too.

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    • #3
      So either the Milwaukee stuff will go to $h1t like the DeWalt/Black and Decker or the Ryobi junk will get better?

      Comment


      • #4
        So that means Milwaukee tools will be made by Ryobi? [img]tongue.gif[/img]
        Hey, somebody had to start it! [img]tongue.gif[/img]
        Lorax
        "Did you put the yellow key in the switch?" TOD 01/09/06

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        • #5
          The sky is falling! The sky is falling!!! [img]smile.gif[/img] [img]tongue.gif[/img]
          I decided to change calling the bathroom the "John" and renamed it the "Jim". I feel so much better saying I went to the Jim this morning.

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          • #6
            After hearing that I was a little disheartened. I have always liked milwaukee tools and the way they performed...
            eliminate excuses and make things happen!

            Comment


            • #7
              yes. Actually Milwaukee and Sioux were sister companies, Snap on sells Sioux products and a few milwaukee items through one of their other divisions.

              One thing to keep in mind, is that Milwaukee has a certain level of quality. Hopefully that will not be comprimized. TTI hopefully will continue to build milwaukee tools to milwaukee specs, then we have nothing to worry about. I own several milwaukee items, not dissapointed in one of them
              \"A SHIP OF WAR IS THE BEST AMBASSADOR\"<br /><br />OLIVER CROMWELL

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