Lew Hodgett wrote:


"Robatoy" wrote:
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Oh, and NO powertool manufacturer has truckloads of cash. Hell,
they're beating the crap out of each other. Let them, and we benefit.
But to get into the fray? That would be asking for trouble.
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Small power tools is definitely not what you would call a growth
business, IMHO.

Terms like "Mature market", "Too many participants", "No dominant
provider", "Commodity market", "Limited growth", "Small market
(probably less than $1 billion world wide)", are terms that come to
mind come when describing the small power tool business.


Would agree with most of the above except the $1 billion worldwide.
Assuming about $125 per tool (some higher, some lower), that's only about 8
million sales. Even if that were the US only, that would be only 160,000
power tools per state per year -- worldwide that's an awfully small number.
Would think the sales figure to be more on the $10 to $50 billion
worldwide. Not huge, but still not tiny.


Lew

--
If you're going to be dumb, you better be tough