# Würth forms joint venture with TTI to manufacture cordless tools

Würth entered into a joint venture with Techtronic Industries Co. Ltd. (TTI) named WÜRTH MASTER POWER TOOLS LTD, based in Hong Kong. Würth owns a majority interest. The joint venture will develop and manufacture cordless tools.

- Type: Partnership
- Announced: 2018-12-13
- Where: Hong Kong, China, Hong Kong SAR China
- Status: announced
- Products: cordless tools, cordless screwdrivers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Würth](https://endata.com/companies/19357.md)
- [Techtronic Industries Co. Ltd.](https://endata.com/companies/19358.md) (partner)

## Sources

- [news.wuerth.com](https://news.wuerth.com/based-on-ideas-from-the-trades-wurth-to-manufacture-cordless-tools/), 2018-12-13: "We look forward to our collaboration with TTI and to the opportunity of manufacturing our very own cordless tools."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.