In 1985, Mr. Horst Julius Pudwill and Prof Roy Chi Ping Chung GBS BBS JP founded Techtronic Industries (TTI) with the clear vision of owning and building a portfolio of globally recognized brands. Today, their passion and commitment has resulted in products that have become household names in the commercial construction, home improvement, and industrial power tool markets as well as the home maintenance and commercial floor care markets.
Their steadfast dedication to unsurpassed quality and core strategies of driving continuous innovation, operational improvement, and leadership development have propelled all of TTI’s brands, including Milwaukee Power Tool, a 150-year-old company and now a billion dollar worldwide brand annually.
TTI is proud of the history we are creating with our portfolio, knowing that our devotion to excellence will continue to lead us to greater heights.
Mr. Horst Pudwill founded Techtronic Industries with Prof Roy Chi Ping Chung
Began supplying cordless power tools to a major US distributor
Opened first manufacturing facility in Dongguan, China
Listed on the Stock Exchange of Hong Kong (stock code: 669)
Established Level 1 American Depository Receipt (“ADR”) program in US (ADR symbol: TTNDY)
Acquired VAX brand and Floor Care business
Acquired RYOBI brand license and businesses for Power Tool and Outdoor Power Equipment
Acquired HOMELITE brand and business for Outdoor Power Equipment
Acquired ROYAL and DIRT DEVIL Floor Care brands and businesses
Acquired MILWAUKEE, AEG brand license and DreBo brands and businesses for Power Tool and Accessories
Acquired HOOVER brand and Floor Care business. Acquired STILETTO Hand Tool brand and business
Asia Industrial Park commenced operation in Dongguan, China
Asia Innovation Center opened in Dongguan, China
Acquired ORECK brand and Floor Care business
Acquired EMPIRE Level, Layout and Measuring Tools brand and business
Marked TTI’s 30th Anniversary.
Acquired Imperial Blades brand and business
TTI (stock code: 669) becomes one of the fifty constituent stocks of the Hang Seng Index