What Does TTI Company Stand For?
TTI is a Hong Kong-based company that was founded in 1985. The company went public in 1990 and is now listed on the Hong Kong Stock Exchange. Today, the company has a global manufacturing and product development footprint and maintains a robust financial position. It has forecasted sales of US$13.2 billion by 2021, and employs over 51,000 people worldwide.
TTI
If you’re wondering what the TTI company stands for, then you’ve come to the right place. Here you’ll learn the full meaning of TTI, and what it means in the Business and Companies & Firms fields. Then, you can use this information to understand what this company’s name actually stands for.
TTI was founded in 1985, and it is a global manufacturing and product development company. It has a healthy financial position, an impressive brand portfolio, and a strong business model. Its projected global sales by 2021 are US$13.2 billion and it employs over 51,000 people.
Techtronic Industries
Techtronic Industries Company Limited designs and manufactures a wide range of power tools and outdoor power equipment. Its products also include hand tools and floor care appliances. It is a leading innovator of cordless power tools and lithium-ion rechargeable batteries. Techtronic’s products are used in construction, farming, mining, and other industries.
In 1990, Techtronic went public and was listed on the Hong Kong Stock Exchange. This move helped the company diversify its business and improve its bottom line. In 1991, Techtronic acquired 51 percent of Gimelli Productions AG, a company that specialized in the production of dental and healthcare appliances. This acquisition widened Techtronic’s product line, and the new subsidiary became profitable in 1992.
Mouser Electronics
If you’re in the electronics industry, chances are you have come across the name TTI. The TTI company stands for Trans-Tech International, and it is a supplier of a wide range of electronic components. The company has a global headquarters in the DFW Metroplex, Texas. Its one-million-square-foot distribution center handles tens of thousands of orders a day, and ships to over 650,000 customers in 223 countries.
Founded in 1971, TTI, Inc. is a leading global distributor of passive and interconnect components. The company’s subsidiaries include Mouser Electronics, a global authorized distributor of semiconductors.
Tex-Tronics
Tex-Tronics was founded in 1973 by Anthony Andrews. The company was later renamed to TTI in 1974 and passed $1 billion in sales by the year 2000. Andrews initially rejected offers to sell the company but in 2006 he sold it to Berkshire Hathaway, a multinational conglomerate founded by Warren Buffett. Today, TTI is a global distribution giant.
Andrews saw a need for a company that could specialize in low-tech parts, such as resistors. He found that resistors were the most difficult to find, so he cold-called buyers who were in dire need of these components. Using his knowledge of electronic components, he developed a successful business and grew the company into what it is today.
Cordless technology
TTI is a global leader in cordless tools and equipment. Its products include power tools, floorcare, industrial cleaning products, and outdoor power equipment. TTI is committed to revolutionizing industries with superior, environmentally friendly cordless technology. The company has a rich heritage and a strong commitment to quality and safety.
The company has distribution centers in Asia and seven proximity warehouses in Mexico. The company’s distribution network spans over three million square feet and 16 offices in 11 countries. It also has a global workforce of more than 8,000 employees. Its corporate headquarters is located in Fort Worth, Texas.
Quality construction services
Founded in Hong Kong, TTI has continued to grow throughout the world, acquiring some of the most well-known brands in the industry. Its diverse range of products now includes Milwaukee, Ryobi, AEG, Homelite, Hoover, Oreck, and others. The company now employs more than 20,000 people worldwide and is constructing a 300,000-square-foot Innovation Center. In addition, TTI recently completed a $85 million expansion project in Anderson County, South Carolina.
