Techtronic Industries Company Limited (TTI) history, profile and corporate video
Techtronic Industries Company Limited (TTI), also known as TTI Group, produces and markets power tools, accessories, hand tools, outdoor power equipment, floor care, and cleaning products. It is headquartered in Hong Kong.
The company’s products are used by professional and industrial users in the home improvement, repair, maintenance, construction, and infrastructure industries.
TTI HISTORY
Techtronic Industries (TTI) was founded in 1985 by Mr. Horst Julius Pudwill and Prof Roy Chi Ping Chung GBS BBS JP.
In 1990, TTI was listed on the Stock Exchange of Hong Kong.
In 1999, the VAX brand and Floorcare business were acquired.
In 2000, the RYOBI brand license and businesses for Power Tool and Outdoor Power Equipment were acquired.
In 2002, the HOMELITE brand and business for Outdoor Power Equipment were acquired.
In 2003, the ROYAL and DIRT DEVIL Floorcare brands and businesses were acquired.
In 2005, TTI acquired MILWAUKEE, AEG brand license and DreBo brands and businesses for Power Tool and Accessories.
In 2007, TTI acquired the HOOVER brand and Floorcare business. The company also acquired the STILETTO Hand Tool brand and business.
In 2013, the ORECK brand and Floorcare business were acquired.
In 2014, the EMPIRE Level, Layout and Measuring Tools brand and business were acquired.
In 2018, the Imperial Blades was acquired.
OPERATIONS
Techtronic Industries (TTI Group) operates through the following business segments: Power Equipment, Accessories, Hand Tools and Storage, Outdoor Products, and Floorcare and Cleaning.
Power Equipment, Accessories, Hand Tools and Storage
The Power Equipment segment consists of industrial power tools, accessories, hand tools, storage, layout and measuring tools, outdoor products, and professional, consumer, and trade power tools.
Outdoor Products
The Outdoor Products segment involves gas, corded, and cordless equipment.
Floorcare and Cleaning
The Floorcare and Cleaning segment includes upright vacuums, canisters, bagged and bagless vacuums, stick vacuums, broom vacuums, and a complete line of carpet and floor cleaners.
TTI’S BRANDS
- MILWAUKEE
- AEG
- RYOBI
- HOMELITE
- EMPIRE
- IMPERIAL BLADES
- STILETTO
- KANGO
- HART
- HOOVER
- ORECK
- VAX
- DIRT DEVIL
In addition to their own brand names, TTI also designs, manufactures, and supplies products under a contract manufacturing basis for other brands, distributors and retailers worldwide.
With more than 48,000 employees, Techtronic Industries Company Limited (TTI) is considered one of the Largest Public Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and www.ttigroup.com.
**Video published on YouTube by “TTI Recruiting“.