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It’s often hard to know who owns which tool brands anymore. Don’t worry, I’ve got you. If you’ve ever wondered who owns Craftsman Tools, Milwaukee Tool, Mac Tools, Skil, or any other major tool manufacturing brand, this article should answer most of your questions.
Makita Corporation株式会社マキタ. Makita Corporation (株式会社マキタ, kabushiki gaisha Makita) (TYO: 6586) is a Japanese manufacturer of power tools. Founded on March 21, 1915, it is based in Anjō, Japan and operates factories in Brazil, China, Japan, Mexico, Romania, the United Kingdom, Germany, United Arab Emirates, Thailand ...
Makita Corporation. 2020 tool sales: YEN 492.6 Billion / $4.6 Billion Headquarters: Anjo, JAPAN. Makita is a well-known Japanese power tool manufacturer. They mainly sell corded and cordless tools, power tool batteries, petrol equipment, and accessories such as blades or carrying cases.
Clint DeBoer over at Pro Tool Reviews wrote up an exhaustive list of just who owns who, who makes the in-house brands for Home Depot & Lowes, and names the only two power tool manufacturers (Makita and Hilti) that are truly independent entities with neither owners nor subsidiaries.
Quick Summary. Makita Corporation is still independently owned and operated. It remains a publicly traded company on the Tokyo Stock Exchange, with the founding Makita family holding a significant stake in the business. Table of Contents. The History Of Makita: From Humble Beginnings To Global Success.
Makita Corporation was founded in 1915 as an electric motor sales and repair company. Today, as a global brand in over 40 countries, Makita is an innovation leader, manufacturing best-in-class products at 10 plants operating in 8 countries.
Across the world, Makita has 10 manufacturing plants and is sold in over 40 countries. In 2015, Makita celebrated its 100 th anniversary. Most brands that make up Makita’s main competition are owned by larger conglomerates. Makita, however, is its own company.
What About Hilti and Makita? Hilti and Makita are just Hilti and Makita. Hilti doesn’t have any subsidiary companies underneath them or a parent company over them. Makita, on the other hand, did acquire the Dolmar brand, bolstering its already-impressive line of outdoor power equipment tools.
In 1915, Makita was founded as an electric motor sales and repair company. In 1958, Makita became the first company in Japan to manufacture and sell electric planers.
I have researched the most trusted power tool brands, who owns them and information on the ‘parent companies’. I’ve also shown the market share of the largest parent companies of power tool brands.