Makita

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Makita Corporation
Native name
マキタ株式会社
Makita Kabushiki-gaisha
Public
Traded as TYO: 6586
OTC Pink: MKTAY
Headquarters Anjō, Aichi Prefecture, Japan
Area served
Worldwide
Number of employees
12,746 (2013)
Makita Impact screwdriver

Makita Corporation (TYO: 6586, OTC Pink: MKTAY) is a manufacturer of professional and consumer power tools. Founded on March 21, 1915, it is based in Anjō, Japan, and operates factories in Brazil, Canada, China, Japan, Mexico, Romania, the United Kingdom, Germany and the United States. Annual sales were equivalent to $2.9 billion in 2012.[1][2]

History

In March 1915 Mosaburo Makita founded Makita Electric Works (proprietorship) in Nagoya, Aichi, Japan and began selling and repairing lighting equipment, motors, and transformers.[3][4] In April 1969 they introduced the 6500D battery-powered drill (the first rechargeable power tool). In December 1978 they launched the 6010D rechargeable drill (the first nickel cadmium battery tool). In August 1997, the 6213D rechargeable driver-drill was exhibited at the Chicago Hardware Show (the first nickel hydride battery tool). In February 2005, the TD130D (the first lithium-ion battery tool) was made available.

References

  1. Company Profile
  2. Global Network
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External links