One year later, they also sold their European branch, and in 2002, they let go of their power tools business in Oceania as well. At the turn of the century in the year 2000, Ryobi sold its North American power tools business. In the 2000s, big changes came for Ryobi. Ryobi introduced their corporate identity system in 1975, which was later reviewed in 1994, when a new corporate logo and company colors were chosen giving us the bright-green Ryobi tools that we’re used to now. It wasn’t until 1968 that Ryobi started to produce power tools, which is what they’re mainly known for today. Then, in 1961, Ryobi was listed on the Tokyo Stock Exchange and started to create offset printing presses.įor the first few decades of the company, Ryobi was creating die-cast products, door closers, and even fishing tackle. A decade later, Ryobi began producing plastic die-cast products as well. In 1944, they held their opening ceremony and began the manufacture and sale of die-cast products. The company was first started in 1943 as the Ryobi Seisakusho Company, Ltd. Ryobi’s history isn’t quite as deep as Makita’s. The year 2015 marked the company’s 100 th anniversary. By 2010, they were producing their new brushless line of power tools. Throughout the 2000s, Makita continued to grow and expand its reach by opening branches across the globe. They made the first nickel hydride battery tool in the late 90s, exhibiting the 6213D rechargeable driver-drill at the Chicago Hardware Show in 1997. The entire company changed its name to the Makita Corporation in 1991 the same year they started producing power tools in Europe. In 1984, Makita Corporation of America was created in the US, and they began producing power tools in America one year later. Makita continued to expand its international branches over the years, creating Makita companies in many major countries. Makita went on to create their first rechargeable power tool in 19D battery-powered drill. The next year, Makita became entirely debt-free-two years before their 50 th anniversary as a company. In 1962, the company changed its name from Makita Electric Works to Makita Electric Works, Ltd., and went public on the Nagoya Stock Exchange. One year later, in 1959, they became a full-fledged electric power tool manufacturer and began exporting power tools with a major shipment of 1,300 planers to Australia. Their first tool was a portable electric planer, and they were the first company in Japan to produce one. It wasn’t until 1958 that they started manufacturing tools, which they continue to do today. Makita was originally founded as a company that sold and repaired electric motors in 1915.
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