Type Public K.K. Area served Worldwide Number of employees 13,845 | Industry Power tools Founded 21 March 1915 | |
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Romanized name Makita Kabushiki-gaisha Traded as TYO: 6586
OTC Pink: MKTAY Key people Masahiko Goto (Chairman)
Shiho Hori (President) Stock price 6586 (TYO) JP¥ 7,690 -80.00 (-1.03%)17 Mar, 3:00 PM GMT+9 - Disclaimer Headquarters Anjo, Aichi Prefecture, Japan Subsidiaries Dolmar, Makita Werkzeug Gmbh Profiles | ||
Makita corporate outline video
Makita Corporation (TYO: 6586, OTC Pink: MKTAY) is a manufacturer of power tools. Founded on March 21, 1915, it is based in Anjō, Japan, and operates factories in Brazil, Canada, China, Japan, Mexico, Romania, the United Kingdom, Germany and the United States. Annual sales were equivalent to $2.9 billion in 2012. Makita assembles a significant amount of their tools sold in North America in their Buford, Georgia factory.
Contents
Makita celebrates 100 years of innovation
History
In March 1915, Mosaburo Makita founded Makita Electric Works (proprietorship) in Nagoya, Aichi, Japan and began selling and repairing lighting equipment, motors, and transformers. In April 1969, they introduced the 6500D battery-powered drill (the first rechargeable power tool). In December 1978, they launched the 6010D re-chargeable drill (the first nickel cadmium battery tool). In August 1997, the 6213D rechargeable driver-drill was exhibited at the Chicago Hardware Show (the first nickel hydride battery tool). In February 2005, the TD130D (the first lithium-ion battery tool) was made available.