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Ryobi North America Inc history
Ryobi North America Inc company history timeline
In 1988, Techtronic's new facility opened in Dongguan.
TTi is a firm with a robust portfolio within the manufacturing industry, and the company emerged in the Stock Exchange of Hong Kong in 1990.
By 1992, Gimelli had become profitable.
By the end of 1997, the Superbroom had helped propel the group's sales past HKD 2.36 billion.
In 1998, the company expanded its production capacity again, opening a new production facility in Indonesia.
Also in 1998, the company launched a new type of cutter, featuring a revolving blade magazine.
"Techtronic Gears Up on Ryobi," South China Morning Post , June 2, 2000.
In November 2001, the company acquired John Deere's Homelite brand of garden and lawn care tools and equipment, paying $24 million.
Techtronic next expanded its floor care business, when it reached an agreement at the end of 2002 to acquire the Royal Appliances Mfg.
In 2004, the company added to its Ryobi branded range when it acquired the North American rights to Ryobi's outdoor power equipment products line.
"Atlas Copco Completes Sale," Australasian Business Intelligence , March 15, 2005.
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