USX:MKTAY - Makita Corp Makita Corp
Sector: Industrials, Industry: Industrial Machinery
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USD 27.1761    +0.416 (+1.55%)

26 Apr 2024


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General

CEO: Mr. Munetoshi Goto

IPO: 1962-08-01

Headquarters: US

Employees: 18,290

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Description

Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

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