Power Equipment Direct

Power Equipment Direct Partners with Kaishan USA to Bring Shorter Lead Times, Higher-Efficiency Rotary Screw Compressors

Retrieved on: 
Tuesday, March 5, 2024

BOLINGBROOK, Ill., March 5, 2024 /PRNewswire/ -- Power Equipment Direct has partnered with Kaishan USA to offer a wide breadth of high-performing commercial and industrial air compressors.

Key Points: 
  • BOLINGBROOK, Ill., March 5, 2024 /PRNewswire/ -- Power Equipment Direct has partnered with Kaishan USA to offer a wide breadth of high-performing commercial and industrial air compressors.
  • The partnership promises to streamline costs and lead times for end users while providing some of the most efficient rotary screw air compressors on the market.
  • Kaishan and Power Equipment Direct will collaborate to bring top-of-the-line, efficient rotary screw air compressors to a wide assortment of industries, including machining, metalworking, food production, packaging, automotive, and many more.
  • "Kaishan has a stellar reputation in the air compressor industry, which is why I'm thrilled about this partnership," says Drew Dudek, category manager at Power Equipment Direct.

DK2 Launches ELITE ENERGY Lineup, Its First Electric Vehicle-Inspired Line of Outdoor Power Equipment

Retrieved on: 
Tuesday, September 12, 2023

BURLINGTON, ON, Sept. 12, 2023 /PRNewswire/ -- DK2, a residential outdoor power equipment industry leader, today introduces ELITE ENERGY™ , its first line of large scale battery powered outdoor power equipment featuring a proprietary combination of LiFePO4 batteries and electronic vehicle (EV)-grade motors resulting in 50% more power and convenience. This advanced design delivers consumers clean, quiet, and reliable power. In addition, the battery may be used as an expandable backup power for the home and is easily transferable into other ELITE ENERGY tools. Priced $1539.99 to $2499.99, the line includes a disk chipper shredder, a hydraulic log splitter, a pressure washer and a walk-behind leaf blower and will be available through these online retailers: Amazon, Do It Best, Lowe's, Menards, Power Equipment Direct, The Home Depot, and Tractor Supply Co. beginning September 12, 2023.

Key Points: 
  • BURLINGTON, ON, Sept. 12, 2023 /PRNewswire/ -- DK2 , a residential outdoor power equipment industry leader, today introduces ELITE ENERGY™ , its first line of large scale battery powered outdoor power equipment featuring a proprietary combination of LiFePO4 batteries and electronic vehicle (EV)-grade motors resulting in 50% more power and convenience.
  • "ELITE ENERGY is the next generation of outdoor equipment giving users an easy, planet- friendly solution for their homes and yards," said Curtis Neuman, brand marketing specialist for DK2.
  • "Not only can the battery provide a backup power solution for the home in addition to powering all ELITE ENERGY equipment, but also, the storage is significantly cleaner.
  • With this launch, DK2 establishes itself as the premier destination for top-quality electric outdoor power equipment."

Power Equipment Direct Partners with ABAC on Exclusive Air Compressor Launch

Retrieved on: 
Tuesday, June 13, 2023

BOLINGBROOK, Ill., June 13, 2023 /PRNewswire/ -- Power Equipment Direct has partnered with ABAC Air Compressors to lead the launch of its innovative rotary screw machines in the United States.

Key Points: 
  • BOLINGBROOK, Ill., June 13, 2023 /PRNewswire/ -- Power Equipment Direct has partnered with ABAC Air Compressors to lead the launch of its innovative rotary screw machines in the United States.
  • "We're going to utilize Power Equipment Direct as our partner to launch this brand into the entire North American marketplace," explains Dave North, national sales manager for ABAC.
  • Power Equipment Direct now carries a wide assortment of ABAC rotary screw compressors ranging from 3-20 horsepower.
  • Drew Dudek, category manager for Air Compressors at Power Equipment Direct, is equally excited.

Power Equipment Direct Unveils 2023 Lawn Mower Trends

Retrieved on: 
Thursday, March 23, 2023

BOLINGBROOK, Ill., March 23, 2023 /PRNewswire/ -- Power Equipment Direct has released a report that analyzes the major trends expected to impact the lawn mower industry in 2023. The report is based on interviews with experts and executives from Husqvarna, Positec, and Power Equipment Direct.

Key Points: 
  • BOLINGBROOK, Ill., March 23, 2023 /PRNewswire/ -- Power Equipment Direct has released a report that analyzes the major trends expected to impact the lawn mower industry in 2023.
  • The report is based on interviews with experts and executives from Husqvarna, Positec, and Power Equipment Direct.
  • The major lawn mower industry trends expected in 2023 include:
    Beyond this, the report also discusses recent improvements to battery technology and increasing acceptance of battery equipment in the professional lawncare market.
  • To read the full report, please visit: https://www.powerequipmentdirect.com/Mower-Industry-Powers-Up-for-2023/n...

Power Equipment Direct Partners with DR Power Equipment Amid Rising Spring Lawncare Demand

Retrieved on: 
Tuesday, March 7, 2023

BOLINGBROOK, Ill., March 7, 2023 /PRNewswire/ -- Power Equipment Direct has partnered with DR® Power Equipment, a manufacturer that first made its mark by inventing the walk-behind string trimmer and now offers a full suite of outdoor labor-saving technologies.

Key Points: 
  • BOLINGBROOK, Ill., March 7, 2023 /PRNewswire/ -- Power Equipment Direct has partnered with DR® Power Equipment, a manufacturer that first made its mark by inventing the walk-behind string trimmer and now offers a full suite of outdoor labor-saving technologies.
  • "The DR Power product assortment consists of outdoor power equipment that is primarily used in the spring, summer and fall seasons, which makes launching the program ahead of the spring season ideal," explains Reinhart.
  • Among the best representatives of the DR Power commitment to quality and performance is the company's line of trimmer mowers.
  • The Power Equipment Direct and DR partnership will strengthen both companies' positions as leading providers for outdoor power equipment in 2023 and beyond."

Techtronic Industries Delivers Solid 2022 Annual Results

Retrieved on: 
Wednesday, March 1, 2023

*For the year ended December 31, 2022

Key Points: 
  • *For the year ended December 31, 2022
    Gross margin improved for the 14th consecutive year, from 38.8% in 2021 to 39.3% in 2022.
  • Net Profit declined 2.0% to US$1.1 billion due to higher interest expense.
  • Earnings per share declined 2.0% to US58.86 cents.
  • The Group generated free cash flow of US$329 million, with a tremendous improvement in the second half.

TECHTRONIC INDUSTRIES DELIVERS SOLID 2022 ANNUAL RESULTS

Retrieved on: 
Wednesday, March 1, 2023

HONG KONG, March 1, 2023 /PRNewswire/ -- Global power equipment and floorcare & cleaning company Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, ADR symbol: TTNDY) is pleased to announce the audited consolidated results of the Company and its subsidiaries for the year ended December 31, 2022. TTI demonstrated the resilience of its business model in 2022 in a more challenging operating environment.  After nearly doubling the revenue base from 2018 to 2021, the Group delivered 2.8% local currency sales growth in 2022 due to the extraordinary growth of the MILWAUKEE business.

Key Points: 
  • *For the year ended December 31, 2022
    Gross margin improved for the 14th consecutive year, from 38.8% in 2021 to 39.3% in 2022.
  • Net Profit declined 2.0% to US$1.1 billion due to higher interest expense.
  • The Group generated free cash flow of US$329 million, with a tremendous improvement in the second half.
  • We are highly confident in our ability to continue driving market share gains and to outperform the market in 2023."

Ground Support Equipment To Grow USD 3588.1 million by 2028 with a CAGR of 5.3% | Valuates Reports

Retrieved on: 
Tuesday, November 1, 2022

Ground Support Equipment market size is estimated to be worth USD 2632 million in 2022 and is forecast to a readjusted size of USD 3588.1 million by 2028 with a CAGR of 5.3% during the review period.

Key Points: 
  • Ground Support Equipment market size is estimated to be worth USD 2632 million in 2022 and is forecast to a readjusted size of USD 3588.1 million by 2028 with a CAGR of 5.3% during the review period.
  • Increased air traffic and cargo, increased airport focus on improving operational efficiency, high service standards, and leasing of ground support equipment are some of the important factors influencing the growth of the ground support equipment market.
  • This factor is expected to drive the growth of the Ground Support Equipment Market.
  • Get Your Sample Report Today: https://reports.valuates.com/request/sample/QYRE-Auto-0145/Global_Ground...
    GROUND SUPPORT EQUIPMENT MARKET SHARE ANALYSIS:
    North America is expected to be the most lucrative region.

Ground Support Equipment To Grow USD 3588.1 million by 2028 with a CAGR of 5.3% | Valuates Reports

Retrieved on: 
Tuesday, November 1, 2022

Ground Support Equipment market size is estimated to be worth USD 2632 million in 2022 and is forecast to a readjusted size of USD 3588.1 million by 2028 with a CAGR of 5.3% during the review period.

Key Points: 
  • Ground Support Equipment market size is estimated to be worth USD 2632 million in 2022 and is forecast to a readjusted size of USD 3588.1 million by 2028 with a CAGR of 5.3% during the review period.
  • Increased air traffic and cargo, increased airport focus on improving operational efficiency, high service standards, and leasing of ground support equipment are some of the important factors influencing the growth of the ground support equipment market.
  • This factor is expected to drive the growth of the Ground Support Equipment Market.
  • Get Your Sample Report Today: https://reports.valuates.com/request/sample/QYRE-Auto-0145/Global_Ground...
    GROUND SUPPORT EQUIPMENT MARKET SHARE ANALYSIS:
    North America is expected to be the most lucrative region.

TTI DELIVERS STRONG 2022 FIRST HALF RESULTS

Retrieved on: 
Wednesday, August 10, 2022

US cents)

Key Points: 
  • US cents)
    *For the six-month period ended June 30, 2022
    The Group is delighted that all of its geographic regions delivered solid sales growth in the first half.
  • TTI's Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.
  • Now the global leader in professional cordless, TTI's flagship MILWAUKEE business continued to flourish with 25.8% local currency sales growth in the first half.
  • Mr. Horst Pudwill, Chairman of TTI, said, "Our world-class team is well prepared to manage the business through challenging macroeconomic environments and continue to deliver above market results.