Power tools are the must-have tool for carpenters, DIY’ers, woodworkers, and others to accomplish tasks ranging from general to professional level. You may own one or more power tools yourself, and if you’re in the market, you may find that some of the most renowned brand tools come with the same features, design, functions, and other specs.
But have you ever wondered who owns these brands? You may become surprised to know that most of the brands fall under the same umbrella! That’s right; most tool brands fall under a parent company that also controls additional brands. In this article, we break it down for you & talk about some of the most prominent power tool brands in the industry.
Did you know Craftsman & Dewalt are owned by the same company? Yes, Stanley Black & Decker is the parent company of Craftsman & Dewalt. Back in 1843, Frederick Stanley formed its roots, and in 2010 it merged with one of the famous brands, Black & Decker.
Duncan Black & Alonzo Decker opened a small machine shop and named it Black & Decker. Their first invention was a hand-held electric drill with a pistol grip and a trigger switch. In the year 2017, when SBD bought Craftsman, the brand portfolio also expanded & included more than 15 companies under Black & Decker.
Now let’s talk about another popular brand, Milwaukee. Founded in 1985 in Hong Kong, TTi or Techtronic Industries Company Limited bought Milwaukee Tool and an adequate number of other power tool companies. The brand also licenses the RIDGID (Orange) and RYOBI names for cordless power tools.
Milwaukee gained publicity for its portable yet powerful tools which were powered by lithium-ion batteries. This system had an extensive range of options with support for more than 150 tools for its M18 System. Even their new generation of M18 FUEL set and the vast quantity of classic corded devices are also well-known among homeowners to professionals.
When it’s all about professional jobs, or the longevity of a tool, nothing can beat Makita, a brand that produces the best-performing, long-lasting brushless power tools in its class. They may have started their power tools journey after Dewalt and Milwaukee, but their tools, gear, machines, home improvement tools, and other tremendous product lines lead them to reach the top of the power tool industry.
Though Makita doesn’t have tons of subsidiary brands like its top competitors, it still acquired the Dolmar brand, bolstering its already impressive line of outdoor power equipment tools.
Back in 1993, Chevron started its power tools business and launched the EGO brand of cordless outdoor power equipment in 2013. Four years later, the company acquired Skil Power Tools from Bosch, which added two big brothers to the company’s portfolio: Skilsaw and Skil. Chevron is also the manufacturer of the following brands: Flex, Devon, Xtron, and more.
So now a question may arise, if Skill and Skilsaw are owned by Chevron then what brands does Bosch own? First off, Bosch Tools only represents part of the Bosch Group, including Robert Bosch GmbH and over 440 subsidiaries across 60 countries.
In 2003 Robert Bosch GmbH combined its North American power tool and power tool accessory divisions into one organization, forming Robert Bosch Tool Corporation in North America. The company designs manufacture and sells power tools, rotary and oscillating tools, power tool accessories, laser, and optical leveling devices, and range-finding tools all over the globe.
With that being said we’re at the end of our article. I hope you have a better understanding of which brands you should look out for when buying power tools. Lastly, make sure to do some research online before you decide which power tool you are going with. You will find a lot of information regarding your brand of choice and its products which can help you make the right decision.
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