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Wally
 
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Default Another great tool company (Milwaukee) going down the drain

To all,

Just got the following email from Milwaukee (I'm part of their Heavy
Duty Club)... Well, it all depends on how this new acquisition will
affect their operations but I hope it won't affect the quality of
their producs...

Arrrgh, I bet in a few years from now, they will be all from the same
company...


Wally




To all Milwaukee Heavy Duty Club Members:

We have great news to share!

Milwaukee Electric Tool is being acquired by Techtronic Industries Co.
Ltd. (TTI), the world's fastest growing power tool manufacturer.
Although you may not have heard about TTI, you're probably familiar
with some of the brand name products owned by TTI, like Ryobi power
tools, Homelite outdoor power equipment and Royal and Dirt Devil
vacuum cleaners and floor care appliances.

Joining forces with TTI will allow us to share TTI's research and
development facilities. That means we'll have even more engineering
and manufacturing expertise to draw on in order to produce the
innovative products that you've come to expect from Milwaukee.

We currently employ more than 2,000 people and have four manufacturing
plants in Wisconsin, Mississippi and Arkansas, making Milwaukee the
only power tool manufacturer with the majority of its tool production
in the U.S. Our team will now join forces with TTI North America,
which employs 1,800 people in Ohio and South Carolina.

Our products will continue to carry the familiar Milwaukee brand and
you'll be able to buy the tools and accessories you need from your
favorite retailer or distributor.

At Milwaukee, we're proud of our 80 years of dedicated service to
professional power tool users. The product and service levels that
you've come to expect from Milwaukee will be the same - if not better
- in the years ahead. As we begin this next chapter, we thank you for
your continued support and invite you to keep sending us ideas on how
to make Milwaukee power tools and accessories even better.

We fully expect to become a stronger company as a result of this
acquisition. This should translate into even more high-quality,
innovative power tool and accessory systems from Milwaukee.

Thank you for owning and using Milwaukee Electric power tools.

Sincerely,

Dan Perry, President
Milwaukee Electric Tool