FORT LAUDERDALE, FL –Techtronic Industries (TTI), a global leader in the design, manufacturing and marketing of quality professional, industrial, and consumer products, is moving its U.S. headquarters to Fort Lauderdale. The move will bring approximately 75 executive and other new jobs to the area.
Since 1985, TTI has continuously expanded globally through organic growth and strategic acquisitions. TTI now boasts among its portfolio some of the world’s most famous and iconic brands, including MILWAUKEE, RYOBI, HOOVER, AEG, EMPIRE, IMPERIAL, STILETTO, HART, ORECK, VAX, and DIRT DEVIL. As a global leader in the home improvement, construction and consumer product markets, the company employs more than 20,000 people worldwide.
TTI’s office at 450 East Las Olas Boulevard in Fort Lauderdale will be the U.S. headquarters location for its CEO and other executives as well as corporate functions such as finance, legal, and human resources.
The facility is expected to be up and running by the beginning of the third quarter of 2019. For more information on Techtronic Industries, visit www.ttigroup.com.
“We are excited to be moving into such a dynamic and growing area for our U.S. corporate headquarters. The new location will allow us to recruit and retain top talent, and we look forward to continuing to expand our presence in the area. We’d also like to thank our State of Florida, Broward County, and Fort Lauderdale partners – Governor Ron DeSantis, the Greater Fort Lauderdale Alliance, and the City of Fort Lauderdale– for helping this project come to fruition,” said TTI CEO Joseph Galli, Jr.
“The City of Fort Lauderdale is thrilled to welcome Techtronic Industries’ U.S. headquarters and its portfolio of dynamic and well-known brands to the heart of our city,” said City of Fort Lauderdale Mayor Dean Trantalis.
“The Alliance welcomes Techtronic Industries’ U.S. headquarters to Fort Lauderdale. This powerhouse group of companies, including brands like Milwaukee, Hoover and more, is a significant addition to our community,” said Bob Swindell, President & CEO of the Greater Fort Lauderdale Alliance, Broward County’s official public/private partnership for economic development.
“We’re delighted Techtronic Industries, a group of highly regarded companies has chosen Broward County as the home of its new U.S. headquarters,” said Broward County Mayor Mark Bogen.
- Techtronic Industries (TTI) is moving its US headquarters to Fort Lauderdale, bringing approximately 75 high-paying executive and other jobs to the area.
- TTI was founded in 1985 and is headquartered in Hong Kong.
- TTI is one of only fifty blue chip stocks included in the Hang Seng Index.
- As a global leader, TTI employs more than 20,000 people worldwide.
About Techtronic Industries (TTI)
Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is a world leader in cordless technology spanning Power Tools, Outdoor Power Equipment, Floor Care Appliances and Accessories for the consumer, professional, and industrial users in the home, construction, maintenance, industrial and infrastructure industries. The Company has a foundation built on four strategic drivers – Powerful Brands, Innovative Products, Exceptional People and Operational Excellence - reflecting a long-term expansive vision to advance cordless technology. The global growth strategy of the relentless pursuit of product innovation has brought TTI to the forefront of its industries. TTI's powerful brand portfolio includes MILWAUKEE, AEG and RYOBI power tools, accessories and hand tools, RYOBI and HOMELITE outdoor products, EMPIRE layout and measuring products, IMPERIAL accessories, STILETTO and HART hand tools as well as HOOVER, ORECK, VAX and DIRT DEVIL Floor Care and Appliances.
TTI is one of the fifty constituent stocks of the Hang Seng Index. The company is also constituent stocks of the MSCI All Country World Index (ACWI), FTSE Developed Index and Hang Seng Composite LargeCap Index under the Hang Seng Composite Size Index. For more information, please visit www.ttigroup.com.
All trademarks listed other than AEG and RYOBI are owned by the Group. AEG is a registered trademark of AB Electrolux (publ.), and is used under license. RYOBI is a registered trademark of Ryobi Limited, and is used under license.