1915年に牧田茂三郎氏が名古屋市で個人創業した牧田電機製作所が起源。
1958年に国産第一号の携帯用電気カンナを発売し、1959年にモーターの生産をやめて電動工具の専業となった。電動工具の大手で、販売網は55カ国に及び、売上の半分を欧州が占める。
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