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Milwaukee Tool was last sold in 2005 for $626.6 million to the Hong Kong–based Techtronic Industries, also known as TTI Group. [2] [3] The company is now a subsidiary of TTI Group alongside brands like AEG, Ryobi, Hoover, Dirt Devil, and Vax. [4] In 2022, $206 million was invested in Wisconsin research and development facilities. [5]
Nordberg's distinctive design of diesel pancake engine, used for pumping. The company was founded by Bruno V. Nordberg and Jacob Elias Friend in 1886 in Milwaukee. Nordberg had previously been working at steam engine and sawmill maker E. P. Allis & Co. [2] Friend became the company's president, [3] and later his son, Robert E. Friend, was president and chief executive officer.
In 1987, it began to produce Craftsman cordless power tools for Sears followed by cordless, handheld vacuum cleaners for Bissell. [ 6 ] [ 1 ] [ 7 ] In 1990, TTI listed on the Hong Kong Stock Exchange under stock code 0669 by initial public offering .
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Similar design to the DC30/31/34 but with detachable extension tube, modified electronics and motorised brush head. Launched in 2009. It was replaced by the DC44 and DC59. [33] DC44 2012 The Dyson Digital Slim DC44 is a cordless handstick vacuum cleaner which uses the same motorised brush head as the DC35 as well as the Radial Root Cyclone ...
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