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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.<ref>{{Cite web|url=http://www.woodcraft.com/Articles/Articles.aspx?ArticleId=557|title=Festool History and Innovations|website=www.woodcraft.com|language=en|access-date=2018-05-10}}</ref><ref>{{Cite web|url=http://www.festoolusa.com/contact/about/|title=About Festool|website=www.festoolusa.com|language=en|access-date=2018-05-10}}</ref><ref>{{Cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22989001|title=Festool GmbH: Private Company Information - Bloomberg|website=investing.businessweek.com|access-date=2018-05-10}}</ref> The company remains privately owned by the family of co-founder Gottlieb Stoll.<ref>{{Cite web|url=https://www.festool.co.uk/company/typically-festool/family-run|title=Family-run|website=www.festool.co.uk|language=en|access-date=2018-05-10}}</ref>
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.<ref>{{Cite web|url=http://www.woodcraft.com/Articles/Articles.aspx?ArticleId=557|title=Festool History and Innovations|website=www.woodcraft.com|language=en|access-date=2018-05-10}}</ref><ref>{{Cite web|url=http://www.festoolusa.com/contact/about/|title=About Festool|website=www.festoolusa.com|language=en|access-date=2018-05-10}}</ref><ref>{{Cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22989001|title=Festool GmbH: Private Company Information - Bloomberg|website=investing.businessweek.com|access-date=2018-05-10}}</ref> The company remains privately owned by the family of co-founder Gottlieb Stoll.<ref>{{Cite web|url=https://www.festool.co.uk/company/typically-festool/family-run|title=Family-run|website=www.festool.co.uk|language=en|access-date=2018-05-10}}</ref>


As of October 2017, Festool operates subsidiaries in 26 countries including the [[United Kingdom]], the [[United States]], [[Canada]], [[France]], the [[Netherlands]], and Russia.<ref>{{Cite web|url=https://www.festool.co.uk/company/facts-and-figures|title=Festool Facts and figures from Exports to Staff!|website=www.festool.co.uk|language=en|access-date=2018-05-10}}</ref> In late 2017 they also set up their first Asian subsidiary in South Korea. Festool products are primarily manufactured [[Neidlingen]] (Germany), [[Illertissen]] (Germany), and [[Česká Lípa]] (Czech Republic).<ref>{{Cite web|url=https://www.festoolusa.com/company/facts-and-figures|title=Facts and figures|website=www.festoolusa.com|language=en|access-date=2018-05-10}}</ref> In July 2017 Festool opened its first North American production line at its [[Lebanon, Indiana]] facility, where they produce mainly guide rails for their track saw system.<ref>{{Cite news|url=http://www.woodworkersjournal.com/festool-begins-guide-rail-production-america/|title=Festool {{!}} Guide Rail {{!}} Lebanon {{!}} Indiana {{!}} Track Saw {{!}} Woodworker's Journal|date=2017-08-01|work=Woodworking {{!}} Blog {{!}} Videos {{!}} Plans {{!}} How To|access-date=2018-05-10|language=en-US}}</ref>
As of October 2017, Festool operates subsidiaries in 26 countries including the [[United Kingdom]], the [[United States]], [[Canada]], [[France]], the [[Netherlands]], and Russia.<ref>{{Cite web|url=https://www.festool.co.uk/company/facts-and-figures|title=Festool Facts and figures from Exports to Staff!|website=www.festool.co.uk|language=en|access-date=2018-05-10}}</ref> In late 2017 it set up its first Asian subsidiary in South Korea. Festool products are primarily manufactured [[Neidlingen]] (Germany), [[Illertissen]] (Germany), and [[Česká Lípa]] (Czech Republic).<ref>{{Cite web|url=https://www.festoolusa.com/company/facts-and-figures|title=Facts and figures|website=www.festoolusa.com|language=en|access-date=2018-05-10}}</ref> 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.<ref>{{Cite news|url=http://www.woodworkersjournal.com/festool-begins-guide-rail-production-america/|title=Festool {{!}} Guide Rail {{!}} Lebanon {{!}} Indiana {{!}} Track Saw {{!}} Woodworker's Journal|date=2017-08-01|work=Woodworking {{!}} Blog {{!}} Videos {{!}} Plans {{!}} How To|access-date=2018-05-10|language=en-US}}</ref>


Festool's system-based power tool design includes the use of modular plastic containers, referred to as "[[Systainer|systainer]]s", that are produced by their sister company TANOS and to have multi-function parts such as guide rails usable for stationary work and guiding the motion of power tools.<ref>{{cite web |title=Home - Welcome to the TANOS GmBH |url=http://tanos.de/default.asp?lid=En |website=www.tanos.de |publisher=Tanos |accessdate=15 October 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20150107182627/http://www.tanos.de/default.asp?lid=En |archivedate=7 January 2015 |df= }}</ref><ref>{{Cite web|url=http://www.thisiscarpentry.com/2014/08/08/festool-ct-wings/|title=Festool CT Wings {{!}} THISisCarpentry|website=www.thisiscarpentry.com|language=en|access-date=2018-05-10}}</ref>
Festool's system-based power tool design includes the use of modular plastic containers, referred to as "[[Systainer|systainers]]", that are produced by its sister company TANOS and to have multi-function parts such as guide rails usable for stationary work and guiding the motion of power tools.<ref>{{cite web |title=Home - Welcome to the TANOS GmBH |url=http://tanos.de/default.asp?lid=En |website=www.tanos.de |publisher=Tanos |accessdate=15 October 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20150107182627/http://www.tanos.de/default.asp?lid=En |archivedate=7 January 2015 |df= }}</ref><ref>{{Cite web|url=http://www.thisiscarpentry.com/2014/08/08/festool-ct-wings/|title=Festool CT Wings {{!}} THISisCarpentry|website=www.thisiscarpentry.com|language=en|access-date=2018-05-10}}</ref>


==References==
==References==

Revision as of 09:10, 18 August 2019

Festool GmbH
Company typeGmbH
IndustryManufacturing
Founded1925; 99 years ago (1925)
HeadquartersWendlingen, Germany
ProductsPower tools
Revenue€340 million
Number of employees
700
ParentTTS Tooltechnic Systems
Websitewww.festool.com

Festool is a brand of 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 on power tools and focus on dust extraction.

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]

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 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, referred to as "systainers", that are produced by its sister company TANOS and to have multi-function parts such as guide rails usable for stationary work and guiding the motion of power tools.[8][9]

References

  1. ^ "Festool History and Innovations". www.woodcraft.com. Retrieved 2018-05-10.
  2. ^ "About Festool". www.festoolusa.com. Retrieved 2018-05-10.
  3. ^ "Festool GmbH: Private Company Information - Bloomberg". investing.businessweek.com. Retrieved 2018-05-10.
  4. ^ "Family-run". www.festool.co.uk. Retrieved 2018-05-10.
  5. ^ "Festool Facts and figures from Exports to Staff!". www.festool.co.uk. Retrieved 2018-05-10.
  6. ^ "Facts and figures". www.festoolusa.com. Retrieved 2018-05-10.
  7. ^ "Festool | Guide Rail | Lebanon | Indiana | Track Saw | Woodworker's Journal". Woodworking | Blog | Videos | Plans | How To. 2017-08-01. Retrieved 2018-05-10.
  8. ^ "Home - Welcome to the TANOS GmBH". www.tanos.de. Tanos. Archived from the original on 7 January 2015. Retrieved 15 October 2014. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  9. ^ "Festool CT Wings | THISisCarpentry". www.thisiscarpentry.com. Retrieved 2018-05-10.
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