TTI sales up 5.1 percent
Hong Kong based global power equipment and floor care company Techtronic Industries Co. Ltd. said its 2012 sales rose by 5.1% to $3.9 billion.
The maker of power tool brands including Milwaukee Electric and Ryobi said profits grew by 32.2% to $201 million.
"I am pleased to announce that in 2012 TTI delivered record sales, record profit and record cash flow. Our disciplined implementation of the TTI strategic plan is yielding outstanding results across all of our business units and geographic regions," said Horst Pudwill, TTI chairman.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
