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Ryobi Limited (リョービ株式会社, Ryōbi Kabushiki-gaisha, Japanese: [ɾʲoːꜜbi]; English: / r aɪ ˈ oʊ b i / or / r i ˈ oʊ b i /) is a Japanese manufacturer of components for automobiles, electronics, and telecommunications industries.
In 2000, a Hungarian manufacturing facility was opened with expanded capacity for electrical products. MTD acquired Ryobi Limited's North America outdoor products business, giving them the capacity to produce 1.5 million engines and related hand-held garden products. In 2001, MTD acquired Garden Way including the Troy-Bilt and Bolens brands.
By 1935, Milwaukee Electric Tool Corporation developed a lightweight 3/4" electric hammer drill. This power tool was designed to drill and sink anchors into concrete. This drill could also be converted into a standard 3/4" drill. Milwaukee also designed an easy-to-handle, single-horsepower sander/grinder that weighed only 15 pounds. [7]
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In August 2001 TTI acquired European Ryobi power tools business and in March 2002 TTI acquired two subsidiaries of Ryobi Limited, Ryobi Australia Pty Limited and Ryobi New Zealand Limited. [ 14 ] Techtronic purchased Milwaukee Electric Tool from Atlas Copco in 2005 and began integrating lithium-ion batteries into their lineup.
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