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Blue Chip Growth

Stock Report: () Report Updated: Sep 14, 2014 | Print This Page

Get more stock ratings by Louis Navellier

(MKTAY)

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Company Profile

Makita Corporation manufactures and sells a range of electric power tools worldwide. It offers drills that are used to drill metals, woods, and plastics, which include pistol-grip drills, D-handle drills, spade-handle drills, and angle drills, as well as cordless drills and cordless driver drills; grinders comprising portable disc grinders and bench grinders used for smoothing and finishing on metal; sanders that include disc sanders, orbital sanders, and belt sanders for smoothing and finishing on metal, wood, stone, and concrete; and rotary hammers for the construction industry. The company also provides hammer drills that are used as conventional drills on metal and masonry in the civil engineering and electrical contracting industries; demolition hammers and electric breakers for shattering hard surfaces; cordless impact drivers; cordless power tools, including circular saws, cordless angle grinders, cordless nailers, cordless hammer drills, and cordless reciprocal saws; pneumatic and air nailers; slide compound saws; and cutters and cutting machines for cutting metals and stones. In addition, Makita offers gardening products comprising brush-cutters, chain-saws, sprayers, blowers, and hedge trimmers for agricultural and forestry operations; household products, including vacuum and cordless cleaners for housekeepers and professional cleaners; small, light, and high-suction cordless cleaners for home users; electric/engine-powered hedge trimmers, grass cutters, chain saws, and lawn mowers; and gardening tools, as well as provides parts and accessories, and repair services. It sells its products to commercial and professional users, including timber and metal processing, carpentry, forestry, and concrete and masonry works through distributors under the Makita or Maktec brand name. The company was formerly known as Makita Electric Works, Ltd. and changed its name to Makita Corporation in 1991. Makita was founded in 1915 and is based in Anjo City, Japan.

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