MTD Products
 |
|
| Private | |
| Industry |
Lawn maintenance Forestry equipment Landscape maintenance. |
| Founded | 1932 |
| Headquarters | Cleveland, OH, USA |
|
Key people
|
Rob Moll, CEO |
| Products | Consumer and Commercial Lawn equipment |
| Revenue | $1.961 billion USD (2015) |
|
Number of employees
|
6,800 (as of 2006[update]) |
| Divisions | Cub Cadet, Troy-Bilt, Columbia, Yard Machines, Remington Power Tools, Arnold, Bolens |
| Website | MTD Products Inc. |
MTD Products is an American manufacturer of outdoor power equipment for the mass market. Headquartered in Cleveland, Ohio, USA, the company began in 1932 and is a family-owned, private company. It originated as a tool and die maker (Modern Tool and Die Company). MTD's main competitors are Stihl, Ariens, Snapper Inc., John Deere and Husqvarna.
Over the years, MTD acquired the Troy-Bilt, Bolens, Cub Cadet, and Yard-Man brands and/or companies.
Theo Moll, Emil Jochum and Erwin Gerhard formed a partnership to purchase the assets of Modern Tool and Die Company located on Power Avenue in Cleveland. The initial capital investment was $4500. MTD’s first products were perforating dies and a rolling machine for making window channels for Standard Products. MTD employed 12 employees in 1933. By 1934 there were 60 employees.
In 1936 the company produced its first automotive stampings products, grilles for Graham-Paige automobiles.
In 1952 the controlling interest in Midwest Industries Inc. was purchased. With this MTD began to manufacture pedal bikes, velocipedes, kiddie cars and playground equipment.
In 1954 MTD entered the garden equipment industry with its introduction of a line of wheelbarrows.
In 1958 MTD entered the lawn and garden power equipment industry with the production of an 18" power rotary mower.
In 1959 MTD began manufacturing self-propelled lawn mowers, garden tractors and other power equipment.
In 1962 MTD purchased Sehl Engineering Ltd. of Canada which would later become MTD Products, Ltd. and then MTD Canada.
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Wikipedia