Hong Kong-based global floor care and power equipment company Techtronic Industries Co. Ltd. was named the Best Medium Cap Company - Hong Kong. It was a part of the Best Managed Company in Hong Kong Awards by Asiamoney, a regional financial magazine.
"We are delighted that TTI's business strategies and corporate management have received wide recognition from the investment community across Asia," said TTI Chairman Horst Pudwill. "Our four Strategic Drivers of Powerful Brands, Innovative Products, Exceptional People, and Operational Excellence continue to be the foundation for strong performance and will help us achieve the goal of being number one in the industries we serve."
TTI was founded in 1985 but now owns a number of appliance/power tools brand names that have been existence for decades. Among its floor care appliance brands are Hoover, Dirt Devil, and Vax. TTI also recently acquired the Oreck floor care business.
TTI power tools/outdoor products brands include Milwaukee, AEG, Homelite, and Ryobi.
to Daily News