Home Industries Manufacturing Milwaukee Tool continued strong growth in first half of the year

Milwaukee Tool continued strong growth in first half of the year

Milwaukee Tool’s downtown office is located at 551 N. 5th St.
Milwaukee Tool’s downtown office is located at 551 N. 5th St. Credit: Ashley Smart

Brookfield-based power tool brand Milwaukee Tool, which has posted impressive sales growth for years, has continued to do so this year. Milwaukee Tool had a sales increase of 11.9% during the first half of the year, according to a report from its parent company, Hong Kong-based Techtronic Industries. That’s a slight increase in growth pace

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a five-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. BizTimes Milwaukee has won 45 AABP awards for design and journalism during his time as editor. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
Brookfield-based power tool brand Milwaukee Tool, which has posted impressive sales growth for years, has continued to do so this year. Milwaukee Tool had a sales increase of 11.9% during the first half of the year, according to a report from its parent company, Hong Kong-based Techtronic Industries. That's a slight increase in growth pace for Milwaukee Tool, which had sales growth of 11.6% in 2024, and 11.2% during the first half of 2024. Milwaukee Tool has annual revenue of about $9.9 billion, based on prior disclosures. In addition to Milwaukee Tool, Techtronic Industries’ brand portfolio includes Ryobi, Hoover, Dirt Devil and Oreck. Techtronic Industries had sales growth of 7.5% during the first half of 2025, for a total of $7.8 billion, and its net profit grew 14.2% during the first half of the year, for a total of $628 million. For all of 2024, Techtronic Industries recorded sales of $14.6 billion, up 6.8% from 2023. In a news release, Techtronic Industries described Milwaukee Tool as a “high margin business” and said the brand is “at the forefront of (Techtronic’s) professional tool portfolio.”

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