The Milwaukee Electric Tool Corporation is an American company that develops, manufactures, and markets power tools. It is a brand and subsidiary of

Techtronic Industries Techtronic Industries Company Limited (TTI Group or TTI) is a Hong Kong-based, multinational company that designs, produces, and markets power tools; outdoor power equipment; hand tools, and floor care appliances. It pioneered cordless power too ...

. Since 2016 it has been the largest supplier by volume of cordless power tools in North America. Red_and_black_Milwaukee_tape_measure_on_white_backgroundpng

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History

In 1918, the firm introduced a one-handed operation, 1/4" capacity drill that was significantly lighter than others then available. A.H. Petersen and Albert F. Siebert founded the A. H. Petersen Company in 1922. The following year, the factory was destroyed by a fire and the assets of the closed business were sold. In 1924, Siebert formed the Milwaukee Electric Tool Corporation. During the 1930s, Milwaukee began producing tools for the US Navy. The company developed sanders, polishers, electric hammers and hand grinders. In 1935, they introduced a handheld drill that could be used with a hammer action or without. Milwaukee Electric Tool Corporation benefitted from the

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...

manufacturing boom and its position as a supplier to the US Navy. In 1949, Milwaukee added a spring clutch to hand held sanders, grinders and circular saws which reduced their recoil. The Sawzall reciprocating saw was introduced in 1951. It was the first portable reciprocating hacksaw.

Ownership

* 1924: The Milwaukee Electric Tool Corporation was established by A. F. Siebert in

Milwaukee Milwaukee ( ), officially the City of Milwaukee, is both the most populous and most densely populated city in the U.S. state of Wisconsin and the county seat of Milwaukee County. With a population of 577,222 at the 2020 census, Milwaukee i ...

Wisconsin Wisconsin () is a state in the upper Midwestern United States. Wisconsin is the 25th-largest state by total area and the 20th-most populous. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake M ...

. * 1975: Sold to Amstar. * 1986: Sold to

Merrill Lynch Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment ba ...

. * 1995: Sold to

Atlas Copco Atlas Copco (Copco from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. It manufactures industrial tools and equipment. The Atlas Copco Group is a global industrial group of companies ...

. * 2005:

Awards

* Glassdoor's Employees' Choice Awards - #25 best place to work, 2022

References

External links

* {{- Power tool manufacturers Tool manufacturing companies of the United States Electrical equipment manufacturers Manufacturing companies based in Wisconsin Waukesha County, Wisconsin American companies established in 1924 Manufacturing companies established in 1924 1924 establishments in Wisconsin Companies based in Wisconsin Automotive tool manufacturers Goods manufactured in Mexico