Industrial Tools
5 articles
Makita launches new industrial tools subsidiary after Panasonic deal
Makita Industrial Tools Corporation, formally renamed on September 1, 2026, from its initial April 2026 incorporation as NEXRA Field Works Co.
Snap-on Acquires Hi-Force Group Holdings Ltd.
On April 30, Snap-on Incorporated spent $58 million in cash to acquire Hi-Force Group Holdings Ltd.
Behind the Power: How Cordless Tool Evolution Drives the Power Tool Gears Market
The relentless push for untethered power on the job site is creating a parallel demand for the sophisticated internal components that make it possible, fundamentally reshaping the power tool gears market.
Global Wood Sanding Machine Market Faces Structural Shift Through 2035
The global wood sanding machine market is poised for a significant structural transformation between 2026 and 2035, driven by the need for greater manufacturing efficiency and rising labor costs. This shift will segment the market into high-volume, price-sensitive operations and a premium tier focused on automation and precision.
Automotive Investment Drives Projected HSS Tools Market Growth Through 2035
The global High-Speed Steel (HSS) tools market is projected for steady growth through 2035, largely influenced by sustained investment in global automotive manufacturing. This growth is expected to evolve with the shift towards electric vehicles.