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  3. Festool - Wikipedia
Festool - Wikipedia
From Wikipedia, the free encyclopedia

Festool GmbH
Company typeGmbH
IndustryManufacturing
Founded1925; 101 years ago (1925)
HeadquartersWendlingen, Germany
ProductsPower tools and accessories
Revenue€340M
Number of employees
3,300
ParentTTS Tooltechnic Systems
Websitewww.festool.com Edit this at Wikidata
Festool random orbital sander
Festool cordless drill
Festool dust extractor with attached systainer

Festool is a brand of high-end power tools from Germany. Festool Group GmbH & Co. KG is based in Wendlingen and is a subsidiary of the TTS Tooltechnic Systems holding company. It is known for its system-based approach to power tools and its focus on dust extractors.

The company was founded by Gottlieb Stoll and Albert Fezer in 1925 under the name Fezer & Stoll. The company manufactured the world's first portable chainsaw in 1927. The company's name was shortened to Festo in 1933. Festo founded Festo Tooltechnic in 1992, and the power tool division was spun off into an independent company, Festool, in 2000.[1][2][3] The company remains privately owned by the family of co-founder Gottlieb Stoll.[4]

In 2005, the company introduced a loose mortise and tenon joining tool called Domino joiner.

As of October 2017, Festool operates subsidiaries in 26 countries including the United Kingdom, the United States, Canada, France, the Netherlands, and Russia.[5] In late 2017, it set up its first Asian subsidiary in South Korea. Festool products are primarily manufactured in Neidlingen (Germany), Illertissen (Germany), and Česká Lípa (Czech Republic).[6] In July 2017, Festool opened its first North American production line at its Lebanon, Indiana, facility, where it produces mainly guide rails for its track-saw system.[7]

Festool's system-based power tool design includes the use of modular plastic containers, called "systainers", that are produced by its sister company TANOS, and multi-function parts such as guide rails for stationary work and power tools.[8][9] It also produces a workbench system involving Multifunction tables (MFTs). [10][full citation needed]

References

  1. ^ "Festool History and Innovations". www.woodcraft.com. Archived from the original on 24 October 2014. Retrieved 10 May 2018.
  2. ^ "About Festool". www.festoolusa.com. Archived from the original on 30 March 2017. Retrieved 10 May 2018.
  3. ^ "Festool GmbH: Private Company Information - Bloomberg". investing.businessweek.com. Retrieved 10 May 2018.{{cite web}}: CS1 maint: deprecated archival service (link)
  4. ^ "Family-run". www.festool.co.uk. Retrieved 10 May 2018.
  5. ^ "Festool Facts and figures from Exports to Staff!". www.festool.co.uk. Retrieved 10 May 2018.
  6. ^ "Facts and figures". www.festoolusa.com. Retrieved 10 May 2018.
  7. ^ "Festool | Guide Rail | Lebanon | Indiana | Track Saw | Woodworker's Journal". Woodworking | Blog | Videos | Plans | How To. 1 August 2017. Retrieved 10 May 2018.
  8. ^ "Home - Welcome to the TANOS GmBH". www.tanos.de. Tanos. Archived from the original on 7 January 2015. Retrieved 15 October 2014.
  9. ^ "Festool CT Wings | THISisCarpentry". www.thisiscarpentry.com. 8 August 2014. Retrieved 10 May 2018.
  10. ^ https://www.festool.com/accessory/accessories-for-equipment/work-benches/work-benches/495315---mft3#Overview [bare URL]


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