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13 Largest Power Tool Brands in the World (in 2024)

Power Tools

Power Tools_shutterstock_Andrey_Popov We’ve all got our favorite tool companies that we automatically turn to when we need a new tool. Many people are very loyal to their favorite brands, believing them to be superior to others in performance, price, warranty, or other factors. But you might be surprised to find out that many tool brands that seem to be in competition with each other are actually owned by the same company. It’s even possible that your favorite and least favorite tool brands are owned and produced by the same corporation.

While there are hundreds of tool manufacturers, there are only a few major companies that own all of these brands. Some umbrella companies have many heavy hitters under their belt, and you might be shocked to see some of the companies that are affiliated with each other.

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Who Are the Big Names?

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Before naming each of the smaller tool manufacturers, let’s first list the main umbrella companies that own these smaller brands. It might come as a revelation that big names in the tool industry, like DeWalt, Milwaukee, Ryobi, Ridgid, and Irwin, are all owned by larger companies.

One of these larger corporations could own more than 15 of these smaller companies. It might be hard to look at companies like DeWalt and Milwaukee as smaller c, but compared to the big conglomerates that own them, they’re not very big.

So, who are these large umbrella corporations that own so many smaller businesses? There are several we’ll cover:

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The 13 Largest Power Tool Brands

1. Stanley Black & Decker

Company Stanley Black & Decker
Number of companies owned 15
Estimated Annual Revenue $15.61 Billion (USD)
Country of Origin USA
Founded 1910

Most people have heard of Stanley tools or Black & Decker. While each of these is its own company, they’re under the umbrella company of Stanley Black & Decker. But that’s not all that’s under the Stanley Black & Decker label. Some of the most prominent tool names are owned by this mega-corporation headquartered in New Britain, Connecticut, USA.

DeWalt is one of the brands most trusted by professionals across a wide range of industries, and they’re a subsidiary of Stanley Black & Decker. Porter-Cable, which is often considered to be DeWalt’s most direct competition, is also owned by Stanley Black & Decker. And don’t forget Craftsman, another massive name in tools trusted by professionals in industries like automotive and construction.

As if that’s not enough major companies under one roof, Stanley Black & Decker is also the parent company of IRWIN, which they acquired in 2017. IRWIN has multiple companies, including VISE-GRIP, STRAIT-LINE, Speedbor, and Quick-Grip.

Bostitch and MAC Tools are also under the Stanley Black & Decker banner, as well as several other smaller companies, including Vidmar, Lenox, Sidchrome, Powers, Proto, Lista, and Facom.

Companies Owned or Produced by Stanley Black & Decker

  • Stanley
  • Black + Decker
  • DeWalt
  • Porter-Cable
  • Bostitch
  • Proto
  • MAC Tools
  • Facom
  • Vidmar
  • Powers Fastening Innovations
  • Lista
  • Sidchrome
  • Craftsman

2. Techtronic Industries/TTI

Company Techtronic Industries/TTI
Number of companies owned 13
Estimated Annual Revenue $9.8 Billion (USD)
Country of Origin Hong Kong
Founded 1985

You may have never heard of Techtronic Industries, but if you have a large tool collection, you’ve likely purchased from its subsidiaries in the past. This is another corporation with some huge names under its belt. Techtronic Industries is based in Hong Kong, China, though its customers are scattered across the globe, along with their 30,000 employees.

You’re almost guaranteed to know some of the biggest names under the Techtronic Industries banner, such as Milwaukee Power Tools, which has its headquarters in Brookfield, Wisconsin. Milwaukee is known for producing high-end tools, but Techtronic Industries also makes tools under several other well-known names that aren’t quite as renowned for their high quality.

Ryobi is one of the names that Techtronic Industries produces tools under, though they don’t own the entire Ryobi company. Instead, they have a licensing deal that allows them to produce and distribute Ryobi tools in Australia, North America, New Zealand, the UK, and Europe. Ryobi tools sold elsewhere are produced by an independent Ryobi tool company.

Similarly, Techtronic Industries has a licensing agreement with Emerson that allows them to produce Ridgid power tools, which are essentially a Home Depot-exclusive brand.

There are a few more tool companies under Techtronic Industries, including Hart, AEG, Empire Level, Stiletto, and Imperial Blades. They also own several brands of home appliances, particularly vacuums. They are the parent company of Dirt Devil, Hoover, Oreck, Vax, and Homelite. So, even if you’ve never purchased a tool through Techtronic Industries indirectly, you’ve likely used one of their vacuums.

Companies Owned or Produced by Techtronic Industries

  • Milwaukee Power Tools
  • Ryobi
  • AEG
  • Empire Level
  • Hart
  • Imperial Blades
  • Ridgid
  • Stiletto
  • Dirt Devil
  • Hoover
  • Oreck
  • Vax
  • Homelite

3. Bosch

Company Techtronic Industries/TTI
Number of companies owned 13
Estimated Annual Revenue €78.7 Billion (EUR)
Country of Origin Germany
Founded 1886

If you’ve been around tools for a long time, you almost certainly know of Bosch. But you might not realize that Bosch is a giant conglomerate with multiple manufacturers under its name. Bosch Tools is one of the biggest names under the Bosch banner, producing tools for various industries.

Bosch also owns some more specialized companies, such as Dremel, which is known for their small rotary tools. RotoZip is also a Bosch subsidiary, and they’re known for rotary tools as well, though on a larger scale. Freud and Diablo are the same company, and they’re known for making excellent saw blades.

There are also several companies in the Bosch stable that produce automotive tools and equipment, such as Accu-turn, Beissbarth, Robinair, OTC, and Sunpro. Bosch used to own gardening tool brands Gilmour and Nelson but sold them to Fiskars in 2014.

Companies Owned or Produced by Bosch

  • Bosch
  • CST/Berger
  • Dremel
  • RotoZip
  • Vermont American
  • Freud and Diablo
  • OTC
  • Accu-turn
  • Beissbarth
  • Actron
  • Robinair
  • Sunpro
  • Sia Abrasives

4. Chervon

Company Techtronic Industries/TTI
Number of companies owned 8
Estimated Annual Revenue $1.76 Billion (USD)
Country of Origin China
Founded 1993

No, not Chevron, this is Chervon. They own some pretty well-known tool companies, including Skil and Skilsaw, which were purchased from Bosch back in 2017. Those are two of the biggest names in the Chervon family, but Chervon is more than just a parent company. They also produce cordless power tools for other popular companies that you definitely know, like the Kobalt 24V MAX Brushless line of power tools at Lowes.

Other companies that are owned by Chervon include EGO, which makes a potent line of cordless outdoor power equipment, and Devon, which makes professional power tools for metalworking, woodworking, and stoneworking, plus high-end DIY tools.

Furthermore, they own FLEX, which manufactures various power tools. Hammerhead, Calmdura, and X-Tron are also part of the Chervon family.

Companies Owned or Produced by Chervon

  • EGO
  • Devon
  • FLEX
  • Skilsaw
  • Skil
  • X-Tron
  • Hammerhead
  • Calmdura

5. JPW Industries

Company Techtronic Industries/TTI
Number of companies owned 8
Estimated Annual Revenue $103 Million (USD)
Country of Origin USA
Founded 1875

JPW Industries, based in La Vergne, Tennessee, sells products in 20 countries worldwide. They offer U.S.-based technical support and service for all the brands under their name, which includes such brands as JET Tools. Though JPW Industries is the parent company, they’re owned by a private equity firm named Gamut Capital Management, which is based in New York and manages over $1 billion in assets.

JET is a respected and trusted industrial tool brand, but it’s not the only good name on the roster. JPW Industries subsidiaries include other trusted brands like Wilton, which has been producing work holding equipment and striking tools since 1941. Powermatic has been making woodworking tools for hobbyists and master professionals alike for 100 years now. And Edwards Manufacturing, an American company, has been producing tools for ironworking since 1875.

Also included on the JPW Industries roster are companies that make air compressors, fans, pumps, and dehumidifiers, like Tool Aire, and companies that produce welding equipment, such as GYS. ProMac creates powerful tools like arbor presses, bandsaws, lathes, and hoists for commercial and household use. And Baileigh Industrial, a newer company founded in 1999, has over 500 woodworking and metalworking products for sale across Europe and America.

Companies Owned or Produced by JPW Industries

  • JET Tools
  • Powermatic
  • Edwards Manufacturing
  • Baileigh Industrial
  • ProMac
  • Tool Air
  • GYS

6. Werner Co.

Company Techtronic Industries/TTI
Number of companies owned 15
Estimated Annual Revenue $503.9 Million (USD)
Country of Origin USA
Founded 2007

Werner Co. is headquartered in Greenville, Pennsylvania. This conglomerate owns a total of 15 companies that specialize in the manufacture and distribution of fall protection equipment, storage equipment for job sites, trucks, vans, access systems, and climbing products. They sell and distribute in many countries, including the US, Mexico, China, the UK, Australia, and Canada.

One of the premier companies in the Werner Co. stable is WERNER, which is the number one brand of ladders in North America. If you look at any job site where ladders are being used, there’s a high probability of finding a WERNER.

Also under the Werner Co. banner is Weather Guard, known for making utility storage systems for trucks and vans. You might also know KNAACK, which is the leading producer of storage equipment for job sites. They make a wide range of storage options, such as workstations, rolling workbenches, hand toolboxes, and storage chests of all sizes.

Companies Owned or Produced by Werner Co.

  • ABRU
  • Bailey
  • Better Built
  • BOSS
  • Centaure
  • Daurib
  • Green Bull
  • Haemmerlin
  • Keller
  • Oldfields Ladders
  • Weather Guard
  • Youngman
  • Zarges

7. Emerson

Company Techtronic Industries/TTI
Number of companies owned 79
Estimated Annual Revenue $18.24 Billion (USD)
Country of Origin USA
Founded 1890

Emerson is an international corporation that produces professional tools for the mechanical, electrical, utility, and plumbing trades. They own several companies, including Greenlee, which has been making top-quality products for storage, material handling, testing, fabrication, hole making, bending, and more for over 150 years.

There’s one name on the Emerson lineup you’ll almost certainly know—Ridgid. But if you recall, we already mentioned that Techtronic Industries produce most Ridgid tools under a licensing agreement. It’s a bit tricky, but essentially, the Ridgid power tools that are exclusive to Home Depot are entirely made, sold, and distributed by Techtronic Industries.

But all the other Ridgid tools, including hand tools, plumbing tools, and other professional industry tools, are not licensed to Techtronic Industries; they’re still produced by Ridgid under the Emerson banner.

Major Power Tool Companies Owned or Produced by Emerson

  • Ridgid
  • Greenlee
  • Klauke

8. ITW

Company Techtronic Industries/TTI
Number of companies owned 11
Estimated Annual Revenue $14.85 Billion (USD)
Country of Origin USA
Founded 1912

ITW stands for Illinois Tool Works, and as you might guess, they’re headquartered in Illinois, in the city of Glenview. They own several companies that produce fasteners, such as Buildex E-Z Ancor, Red Head, Tapcon, and Ramset. These companies all specialize in different fasteners, but they all manufacture fasteners of some kind.

Also under the ITW name is a big name in welding, Hobart. If you’ve welded before, or even if you’ve only read about welding, you’ll likely have heard of Hobart or seen their tools. As if that’s not enough of the welding market, ITW owns Miller Welding as another of their subsidiaries. And you might also know of Paslode, a company that focuses primarily on creating nail guns.

Altogether, ITW is a company that brought in more than $14.85 billion in 2022. About half of that comes from North American markets.

Companies Owned or Produced by ITW

  • Alpine
  • Buildex
  • Paslode
  • Ramset
  • Red Head
  • Spit
  • Tapcon
  • Miller
  • Hobart
  • Bernard
  • Tregaskiss

9. Fortive

Company Techtronic Industries/TTI
Number of companies owned 6
Estimated Annual Revenue $5.25 Billion (USD)
Country of Origin USA
Founded 2016

Fortive is the parent company of several prominent brands that produce testing and measurement equipment. You’ve most likely heard of the more well-known names on their roster, such as Amprobe or Fluke. Other testing and measurement tool companies owned by Fortive include Keithley, Pomona Electronics, and Tektronix.

Matco is a well-known company that produces quality hand, power, and automotive tools, such as socket wrenches, impact wrenches, ball joint presses, fuel pressure test kits, and more.

Companies Owned or Produced by Fortive

  • Amprobe
  • Fluke
  • Matco
  • Tektronix
  • Pomona Electronics
  • Keithley

10. Delta Power Equipment

Company Techtronic Industries/TTI
Number of companies owned 2
Estimated Annual Revenue $53 Million (USD)
Country of Origin USA
Founded 1919

Delta Power Tools used to be owned by Stanley Black & Decker, but in 2011, it was sold to a Taiwan-based company, and a new company was created—Delta Power Equipment Corp. Delta is now operating as its own company, with Chang Type, the Taiwan-based company that purchased Delta Power Tools, manufacturing the tools.

Chang Type also produces tools for some of the biggest tool brands in the world, including companies owned by Stanley Black & Decker and Techtronic Industries.

Companies Owned or Produced by Delta Power Equipment

  • Delta Tools
  • Biesemeyer

11. Snap-on

Company Techtronic Industries/TTI
Number of companies owned 26
Estimated Annual Revenue $4.33 Billion (USD)
Country of Origin USA
Founded 1920

Snap-on tools is one of the most trusted and loved brands of automotive tools around. You might have seen the big Snap-on tool trucks driving around, delivering their tools to different shops. But you probably didn’t realize that Snap-on is an umbrella company with quite a few businesses. These fall under several Snap-on companies, including Snap-on, Snap-on Industrial, Snap-on Specialty Tools, and SNA Europe.

Some of the biggest names under the Snap-on brand include Sioux, which makes some of the best pneumatic power tools in the world. Snap-on also owns SUN, the brand that many automotive dealers and repair shops trust for their automotive service equipment.

Companies Owned or Produced by Snap-on

  • ATI Tools
  • Auto Crib
  • Bahco
  • Blackhawk
  • Blue-Point
  • Cartec
  • Car-O-Liner
  • CDI Torque Products
  • Challenger Lifts
  • EcoTechnics
  • Hofmann
  • Rimo
  • JohnBean
  • Kansas Jack
  • Lindstrom
  • Mitchell1
  • Nexiq Technologies
  • Norbar Torque Tools
  • Power Hawk
  • Pro-Cut Rotor Matching Systems
  • Sioux
  • Sturtevant Richmont
  • SUN
  • Truck Cam
  • Williams

12. Makita

Company Techtronic Industries/TTI
Number of companies owned 1
Estimated Annual Revenue $3.98 Billion (USD)
Country of Origin Japan
Founded 1915

Makita is a Japan-based company, though they have branched out across the world. Makita USA, for example, is headquartered in La Mirada, California, with distribution centers in Texas, Illinois, and Georgia. Across the world, Makita has 10 manufacturing plants and is sold in over 40 countries. In 2015, Makita celebrated its 100th anniversary.

Most brands that make up Makita’s main competition are owned by larger conglomerates. Makita, however, is its own company. There are many smaller companies within Makita, such as Makita USA, but they all fly the Makita flag and go by the Makita name.

13. Metabo HPT

Company Techtronic Industries/TTI
Number of companies owned 1
Estimated Annual Revenue $74.4 Million (USD)
Country of Origin USA (Metabo) Japan (Hitachi)
Founded 2017 (Metabo) 1948 (Hitachi)

You might have used Hitachi tools in the past. They were a popular company for many years that produced quality tools for various industries. Hitachi was a subsidiary of Koki Holdings Co., Ltd. When Koki Holdings partnered with the US-based investment firm KKR in 2017, Hitachi Power Tools changed to Metabo HPT in North America. Despite the name change, the company is producing the same tools and continues Hitachi’s legacy of quality tools.divider 1


While some tool brands have managed to remain independent and see tremendous growth worldwide, most well-known and trusted brands are subsidiaries of larger corporations that own many other tool brands as well. Sometimes, two brands in direct competition are owned by the same parent company! At the end of the day, this information won’t affect the tools you’re using, so stick with your favorite brands, even if you were surprised to find out they’re in the same family as other brands you don’t prefer.

Featured Image Credit: Andrey_Popov, Shutterstock


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