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Techtronic Industries Strong Growth Momentum to Continue
16 August 2018 Hong Kong EQUITIES Techtronic Industries 669 HK Outperform Strong growth momentum to continue Price (at 08:50, 16 Aug 2018 GMT) HK$40.50 Valuation HK$ 50.00-70.00 Key points - PER Reiterate Outperform and lift TP from HK$60.0 to HK$62.0. 12-month target HK$ 62.00 Sustainable strong growth from continuous investment in OPEX. Upside/Downside % +53.1 12-month TSR % +55.5 Mgmt believes potential tariff change will not impact its gross margin. Volatility Index Low GICS sector Event Consumer Durables & Apparel Market cap HK$m 74,196 After attending TTI’s analyst meeting, we have higher confidence on the Market cap US$m 9,452 sustainability of its double-digit earnings growth in the long run. Free float % 75 Impact 30-day avg turnover US$m 19.4 Number shares on issue m 1,832 Strong growth to sustain. Mgmt emphasized the 1H18 strong growth is purely organic, not at expense of 2H18 growth, and its single digit % revenue Investment fundamentals guidance appears conservative. The impressive Milwaukee revenue growth of Year end 31 Dec 2017A 2018E 2019E 2020E 30% was thanks mainly to innovative products, such as third generation of Revenue m 6,063.6 6,948.7 7,712.9 8,565.3 brushless motors, and powerful products that are replacing corded products EBIT m 519.2 613.2 713.1 821.1 EBIT growth % 15.3 18.1 16.3 15.2 and M12 compact tools; as well as strong growth in Europe (+43% YoY), Reported profit m 470.4 558.8 659.5 769.4 Canada and Australia, in addition to continuous strength in US. -
ET0001 Ryobi Cordless String Trimmer
ET Tool Image Number Ryobi Cordless String Trimmer ET0001 (Includes battery and charger) Ryobi Cordless Cultivator ET0002 (Includes battery and charger) Dremel Rotary Tool Kit (8220) (Includes 30 ET0003 accessories, battery, charger & carrying case) Ryobi Driving ET0004 Kit (68-piece) Page 1 ET Tool Image Number Ryobi Wood ET0005 Drilling Kit (11- piece) Ryobi Impact ET0006 Driving Kit (26- piece) Ryobi Black ET0007 Oxide Drill Kit (21-piece_ Electrician's Tool Set (22- ET0008 piece, includes bag) Page 2 ET Tool Image Number Steel Single ET0009 Painter's Pole (5 ft) Wood Extension Pole ET0010 with Metal Tip (4 ft) Light Bulb Changer Kit ET0011 with Attachments (11 ft) ET0012 Torch Kit Page 3 ET Tool Image Number ITEM NO ITEM NO LONGER ET0013 LONGER AVAILABLE AVAILABLE P3 Kill A Watt EZ ET0014 Electricity Usage Monitor P3 Kill A Watt EZ ET0015 Electricity Usage Monitor P3 Kill A Watt EZ ET0016 Electricity Usage Monitor Page 4 ET Tool Image Number Ryobi One+ 18V 4 1/2 in. Angle Grinder ET0017 (Includes bag, battery and charger) Ryobi One+ 18V Compact Drill/Driver Kit ET0018 (Includes bag, battery and charger) ITEM NO ITEM NO LONGER ET0019 LONGER AVAILABLE AVAILABLE Ryobi One+ 18V Orbital Jigsaw (Includes bag, ET0020 battery, charger and 1 blade) Page 5 ET Tool Image Number Ryobi One+ 18V Belt Sander (Includes bag, ET0021 battery, charger and dust bag) Ryobi One+ 18V Drain Auger ET0022 (Includes bag, battery and charger) Ryobi One+ 18V Base with Multi- tool ET0023 Attachments (Includes bag, battery and charger) Ryobi One+ 18V Impact Driver ET0024 (Includes bag, battery and charger) Page 6 ET Tool Image Number ITEM NO ITEM NO LONGER ET0025 LONGER AVAILABLE AVAILABLE Ryobi One+ 18V 6-1/2 in. -
Tool Test: Benchtop Planers
TOOLTOOL TEST TEST Benchtop Planers Small machines offer big performance BY ROLAND JOHNSON thickness planer, used in conjunction with a jointer, is a necessary addition to a wood- Aworking shop. While a jointer flattens one side of a board, it’s the planer that makes the other side parallel and customizes the thickness. Planers allow you to mill rough lumber, so there is no need to rely on more expensive presurfaced lumber. Processing rough-sawn lumber also optimiz- es the yield from each board because you can work around warped or twisted wood. In addition to saving you money when buying lumber, a planer offers you CRAFTSMAN 21759 D E WALT 735 O O TH R’ TH R’ THOR THOR U S U S U ’ S U ’ S A A A A C C E E C E C E H O I C H O I C H O I C H O I C This Craftsman is a strong machine that leaves an excellent surface. This powerful planer has a compact, low-profile design and leaves It has a consistent, repeatable digital depth gauge and impressive a great finish surface. It had no problem cutting 3⁄32 in. off an 8-in.- dust collection. The turret-style depth stop broke on the first model wide white-oak board. The side crank handle for height adjustment is we tested, but Craftsman provided us with another planer, and the awkward compared to the top-mounted models. There is good access stop didn’t break on that one (we tried). In any case, the stops on all to the knives for changing. -
Industrial Line Card
Industrial Line Card 1 Sykes Supply YOUR BEST SOURCE FOR MOTORS & GEARBOXES Motors Gearboxes High Quality, Low Cost Extended Warranties Quick Turnaround on Quotes To request a quote Call 336-967-6937 (336-96POWER) Email [email protected] Visit SykesSupply.com Sykes Supply – Burlington Sykes Supply – Asheboro 1015 Stokes Street 210 West Kivett Street Burlington, NC 27215 Asheboro, NC 27203 Phone: (336) 227-2723 Phone: (336) 629-9104 Fax: (336) 227-0715 Fax: (336) 629-4977 2 Line Card Abrasives • Ridge Tool Company • WD-40 Company • Desmond Stephan • Formax Manufacturing Corporation Communication • Norton Abrasives (Saint-Gobain) • Motorola • Pferd • Random Products • Superior Abrasives Cutting Tools • Weiler • Alvord Polk Tool • American Carbide Tool Adhesives, Sealants & Tape • Apex Tool Group, LLC • Alvin Products (division of Dampney) • Armstrong • GearWrench • Nicholson • CRC Industries • Crescent • Jacobs • Weller • Delta • Jobox • Wiss • Federal Process • Dotco • Lufkin • Xcelite • Gorilla Glue Company • Intertape Polymer Group • Bahco • Loctite • Champion Cutting Tool • ORS Nasco • Clauss • Shurtape Tech, Inc. • DoAll Sawing Products • Dykem Batteries • General Tools & Instruments • Energizer Industrial • Greenfield Industries • UPG - Universal Power Group • Bassett • Cleveland • Greenfield • Chicago-Latrobe • Cle-Force Threading Cleaning Supplies • Huot Manufacturing Company • CRC Industries • G.L. Huyett • Kimberly-Clark • Hyde Tools • Loctite • Irwin Industrial Tool • ORS Nasco • Klein Cutlery Burlington (336) 227-2723 | Asheboro -
Professional Power Tool Accessories OCKINGBIRD
Proposed 4th Edition Research for The North American Market Winter 2021 ©2020 Ciprus LLC All Rights Reserved ©2020 Ciprus LLC Professional Power Professional Accessories Tool Ciprus LLC • 9027 MOCKINGBIRD DRIVE • SUITE 201 • P.O. BOX 321 • SANIBEL, FL 339570321 • 860.767.7685 WWW.CIPRUS.COM The 2021 North American for Professional Power Tool Accessories Introduction Covid-19 has affected virtually all facets of our lives from how we live, & Research work and purchase our everyday needs. Many of these changes are im- pacting contractors as well. While traditional channels remain the Background mainstay of power tool accessory purchases, digital channels continue to grow in importance. Digital channels are time saving and convenient, but in the age of Covid-19 they may also be safer. Distributor consoli- dations are also playing a role in how professional contractors obtain their power tool accessories. Contractor distributor chains have contin- ued to grow often through acquisition. Contractor purchase data will be valuable in understanding the impact of these changes. Ciprus LLC is pleased to announce the 4th Edition of the North Ameri- can Market for Power Tool Accessories. Past Editions were published in 2004, 2011 and 2016 along with proprietary research in 1994 and 1998 The 2021 report, the most comprehensive of its type, will present a com- prehensive analysis of professional power tool accessory purchase ac- tivity in both the commercial and residential markets by 7 contractor types. The research will target 15 Professional Power Tool Accessories including all of the accessories shown in the chart below. I47.F?581?.I+J47.G++9.=,,422+7P. -
Product Guide Compatibility List Collated Nails
PRODUCT GUIDE COMPATIBILITY LIST COLLATED NAILS WWW.DUCHESNE.CA TABLE OF CONTENTS TABLE OF CONTENTS Presentation of the guide ................................................................................................................................................. 3 Available shanks and finishes ........................................................................................................................................... 4 GENERAL CONSTRUCTION & FRAMING ........................................................................................................................... 5 ■ 34° Paper strip nails ....................................................................................................................................................5-6 ■ 34° Paper strip joist hanger nails .................................................................................................................................. 7 ■ 28° Wire strip nails .......................................................................................................................................................... 8 ■ 21° Plastic strip nails ....................................................................................................................................................... 9 ■ 15° Wire collated coil nails ....................................................................................................................................10-11 ■ 15° Wire collated siding coil nails ............................................................................................................................. -
Hand Tools Market
+44 20 8123 2220 [email protected] Hand Tools Market - Global Outlook and Forecast 2020-2025 https://marketpublishers.com/r/H0D6A08854D7EN.html Date: September 2020 Pages: 312 Price: US$ 3,500.00 (Single User License) ID: H0D6A08854D7EN Abstracts In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Hand Tools Market Report The global hand tools market by revenue is expected to grow at a CAGR of over 4% during the period 2019–2025. The global hand tools market is expected to grow 1.3X times during the forecast period. The market is expected to witness a considerable growth post-2020. Rapid industrialization and increasing applications in household and commercial sectors are primarily driving the market. Automobile, aerospace, construction, electronics, and shipbuilding are the major end-use of these devices. The tool industry landscape is moving toward sophistication and customization that can determine market leadership in a competitive scenario. Advancements in technology and the extensive usage of battery-driven devices have fueled the adoption of cordless power tools and related accessories that are light and durable. This growth factor for the substitutes is expected to challenge the potential of hand tools. The DIY culture can be one of the major drivers for these devices in the coming years with a high scope for penetration in growing economies. The global hand tools market suffered a downfall during the COVID-19 crisis as most economic activities were halted during Q1 and Q2 in 2020. Most major revenue- generating end-users such as construction, automotive, commercial renovation, and home improvement activities were affected, leading to a decline in the market sales. -
Exceptional People
EXCEPTIONAL PEOPLE Working At TTI About TTI TTI is a world-class leader in the design, manufacturing and marketing of Power & Hand Tools, Outdoor Power Equipment, and Floor Care Appliances for consumers, professional and industrial users in the repair and construction industries, home improvement, and home and commercial cleaning. Our powerful brand lineup includes: l Power & Hand Tools — Milwaukee, Empire, Stiletto, Ryobi, Hart, AEG l Outdoor Products — Homelite, Ryobi l Floor Care — Hoover, Dirt Devil, Oreck, Vax At TTI we focus on four key principals: l Powerful Brands l Innovative Products l Operational Excellence l Exceptional People We pride ourselves on attracting and retaining Exceptional People. It is the 24,000 employees of TTI that have propelled us to be a world class leader in power tool, hand tool, outdoor and floor care products. www.TTIGroup.com TTI has been listed on The Stock Exchange of Hong Kong since 1990 (HKEx: 669) and maintains a Level 1 American Depositary Receipt (ADR) program through the Bank of New York (ADR: TTNDY). TTI Employees Fuel Innovation & Success In 1991 TTI had revenues of $300 million. 2017 reported $6.1 revenues were $6.1 billion. billion $300 million 1991 –––––––––––––––––––––2017 Working At TTI TTI offers tremendous career growth opportunity to our employees at all levels of the organization. Driven by the growth of our business, throughout TTI employees are given the opportunity to learn, develop and grow. Employees earn outstanding benefits and compensation packages. TTI is a fast paced, results driven environment where the sky is the limit. Compensation & Benefits At TTI TTI is proud to offer an outstanding package that includes: SALARY—Each employee receives competitive annual cash compensation. -
Best Mro Brands for State & Local Government
NASPO LINE CARD ABRASIVES/GRINDING ELECTRICAL EQUIPMENT FASTENERS HAND TOOLS HARDWARE HVAC JANITORIAL EQUIPMENT & SUPPLIES LAMPS, LIGHTING, & BALLASTS LUBRICATION MATERIAL HANDLING OUTDOOR/GARDEN PAINT PLUMBING POWER SOURCES POWER TOOLS SAFETY SANITATION/CLEANING CHEMICALS SECURITY WELDING BEST MRO BRANDS FOR STATE & LOCAL GOVERNMENT READY TO GET Noble streamlines procurement for state and local government, providing the supplies you need to get the job done. Noble’s participation in the NASPO ValuePoint program STARTED? ensures each state the ability to leverage the combined buying power of all states. Noble delivers rapid requisition services that save customers time and money. By 1.844.248.9077 offering innovative, reliable logistics solutions, remarkable customer service, and access to over one million products, Noble will become your trusted source! www.noble.com Product offerings may vary per state. Please check with your state for contract details. ABRASIVES & EQUIPMENT ATD Tools WIHA Tools GRINDING Bessey Wilton Blackhawk by Proto Yankee Bil-Jax Bondhus YG-1 Tool 3M Dewalt C.H. Hanson AbilityOne Ingersol-Rand Channellock HARDWARE Aeroquip Little Giant Cleveland ALC Louisville Ladder Cooper Hand Tools Abus Lock Ali Industries Mi-T-M Corp Dasco Pro Amerock Arc Abrasives Weather Guard DeWalt Bradley Bee Line Abrasives Werner Dorian Chicago Hardware CGW Abrasives Dynabrade Hager Dewalt FASTENERS Eklind Knape & Vogt Diamond Vantage Enerpac Kwikset Dremel Facom LCN Econoline Accurate Mfd Products Fiskars Master Lock Finish 1ST All-America -
Fastening Systems Fastening Systemscollated TRAINING COLLATED TRAINING
Fastening Systems Fastening SystemsCOLLATED TRAINING COLLATED TRAINING COLLATED FASTENERS | TOOLS | COMPRESSORS | ACCESSORIES 1 COLLATED FASTENERS | TOOLS | COMPRESSORS | ACCESSORIES TABLE OF CONTENTS FASTENING SYSTEMS Label Color System ...................................................4 Fastener Packaging Features ..................................5 Fastener Packaging Offering ...................................5 Collated Fastener Icon System................................6 Icon Key .....................................................................6 Icon Key (cont.)..........................................................7 Types Of Fasteners ...................................................8 Types Of Nail Shanks ...............................................8 Types Of Nail Heads .................................................8 Types Of Collation ....................................................8 Fastener Coatings And Finishes ..............................9 Label Color System ...................................................9 COLLATED CATEGORIES Collated Framing Fasteners ................................. 10 Collated Joist Hanger Fasteners ........................... 11 Collated Roofing Fasteners .................................. 12 Collated Siding And Fencing Fasteners ............... 13 Collated Finish And Trim Fasteners ..................... 14 Collated Wide Crown Staples ............................... 15 Collated Medium Crown Staples ......................... 16 Collated Narrow Crown Staples .......................... -
Stanley Black and Decker Techtronic Industries Co Ltd (TTI) Chevron
Who Owns What? Andrew Davis May, 2019 This is a redacted version of an article II found on protoolreviews.com. I remember growing up when General Motors offered different brands at different price points (until they all the brands started to overlap before GM collapsed) – Cadillac at the top end, followed by Oldsmobile, Buick, Pontiac, and Chevy. We have a similar situation in woodworking tools (also in kitchen appliances) except that in the case of tools, the multi-brand company is more often a case of acquisitions rather than organic development. Anyway, for those readers interested in the business side of tools, this column, which is a departure from my usual thread, may be of interest. Stanley Black and Decker Stanley Black & Decker (SBD) turned heads when it bought Craftsman Tools in 2017 after Sears closed 235 stores in 2015. Dating back to 1843 with a man named Frederick Stanley, the company merged in 2010 with Black and Decker. As of 2017, the company maintains a $7.5 billion business in tools & storage alone. SBD brands include: DeWalt Stanley Black + Decker Bostitch Craftsman Vidmar Mac Tools Irwin Lenox Proto Porter-Cable Powers Fasteners Lista Sidchrome Emglo USAG Techtronic Industries Co Ltd (TTI) TTI owns Milwaukee Tool and a host of other power tool companies. It also licenses the RIDGID and RYOBI names for cordless power tools (Emerson actually owns RIDGID and makes the red tools). Founded in 1985 in Hong Kong, TTI sells tools all over the world and employs over 22,000 people. TTI had worldwide annual sales of over US$6 billion in 2017. -
Used Drills, Batteries and More Auction (August 31)
09/27/21 11:56:55 Used Drills, Batteries and more Auction (August 31) Auction Opens: Fri, Aug 28 7:00am PT Auction Closes: Mon, Aug 31 6:30pm PT Lot Title Lot Title K0280 DeWalt Tool K0313 DeWalt Tool K0281 DeWalt Tool K0314 DeWalt Tool K0282 DeWalt Tool K0315 Craftsman 19.2 v K0283 Ridgid tool K0316 DeWalt Tool K0284 Ryobi Saw K0317 DeWalt Tool 18 v K0285 DeWalt Tool K0318 18Volt K0286 DeWalt Tool K0319 DeWalt Tool K0287 DeWalt Tool K0320 Milwaukee tool K0288 DeWalt Tool saw K0321 DeWalt Tool K0289 Skilsaw 2.5 hp K0322 DeWalt Tool K0290 DeWalt Tool K0323 DeWalt Tool cordless drill driver K0291 Skilsaw tested K0324 DeWalt Tool K0292 DeWalt Tool tested K0325 DeWalt Tool Drill driver K0293 Milwaukee tool K0326 DeWalt Tool K0294 Craftsman tool K0327 Milwaukee drill/driver K0295 Ridgid 18v K0328 DeWalt Tool18v K0296 DeWalt Tool K0329 Craftsman tool K0297 DeWalt Tool 18v K0330 Bosch tool K0298 DeWalt Tool K0331 DeWalt Tool K0299 DeWalt Tool 14.4 v K0332 DeWalt Tool 14.4 volt K0300 DeWalt Tool K0333 DeWalt Tool K0301 DeWalt Tool K0334 DeWalt Tool K0302 DeWalt Tool K0335 Hitachi drill K0303 DeWalt Tool 18 v K0336 18 Volt K0304 DeWalt Tool K0337 DeWalt Tool K0305 18 volt K0338 DeWalt Tool K0306 Milwaukee driver drill K0339 Makita driver drill K0307 Porter cable 18V K0340 Makita 12v K0308 Porter Cable K0341 Ryobi K0309 DeWalt Tool light K0342 Makita tool K0310 DeWalt Tool 18 v K0343 Electric impact gun K0311 DeWalt Tool 18 v K0344 Panasonic drill driver K0312 DeWalt Tool K0345 DeWalt Tool cordless drill driver 1/11 09/27/21 11:56:55 Lot Title