Milwaukee Electric to TTI

Wow! It has been incredible to watch, but today's news about Ryobi (TTI) buying the ATlas Copco power tool business including Milwaukee Electric Tool Company signals aonther huge step in the changing of an industry. This news is another huge step in the movement of the U.S. Tool business off-shore. There will be lots of fall-out from this acquisition and the Black & Decker acquisition of the Pentair Tool Group. It is going to be interesting to see what brands stay and what brands go as well as how they are positioned in the markets. STAY TUNED!