Is Metabo HPT going out of business?

Hitachi Power Tools will be known as Metabo HPT from starting October 17th, 2018 as the company transitions away from the rest of the Hitachi group. Back in 2017, Hitachi bought out Metabo to bring the German manufacturer on board. Shortly after, investment firm KKR purchased the power tool division of Hitachi.

Is Metabo HPT any good?

The Bottom Line. Without a doubt, the Metabo HPT compact cordless drill is the best compact drill available. It has the performance to give Pros plenty of versatility with a price that’s well within range of DIYers. While it might not be the most compact or the fastest in the class, it’s certainly the most capable.

What does Metabo HPT stand for?

Hitachi Power Tools
Metabo HPT (was Hitachi Power Tools) Steel Miter Saw Stand.

Is Metabo and Metabo HPT the same?

There is already a Metabo brand but both brands, Metabo and Metabo HPT, are owned by the partnership of KKR and Hitachi Koki Co., Ltd. The brands will stay stand-alone and will not be interchangeable.

Where are Metabo tools made?

Every Metabo tool encompasses true German engineering and ingenuity. We have been developing innovative ideas in our plant located in Nürtingen, Germany since 1924, then turning them into pioneering tools and accessories for professional users across the globe.

Why is Hitachi Metabo now?

The reason for the name change is that they are no longer part of the large corporation known as Hitachi, which sells everything from consumer products to automotive equipment. Hitachi acquired Metabo a few years ago, and last year both brands were sold by Hitachi to KKR, a private equity firm.

Why is Hitachi now Metabo?

Is Metabo a Chinese company?

Metabo Powertools (China) Co. manufactures power tools. The Company produces circular saw, screwdriver, hand drill, and other products. Metabo Powertools (China) markets its products throughout the world.

Where can I find parts for my Hitachi HPT?

Looking for parts for your Hitachi or Metabo HPT tools. Click the following link to search for official parts to fit your tools. If you are interested in service on your Hitachi or Metabo HPT tools, please visit our search for a service center near you.

Is the Hitachi HPT the same as Metabo?

Yet the logos will be identical, except for that inverse “HPT” after “Metabo” on the formerly-known-as-Hitachi tools. “At a glance,” the company writes, “customers will easily understand that this is the same brand just under the new name, Metabo HPT.”

Is the Hitachi Power Tool Company still in business?

While it’s true that Hitachi the power tool company no longer has anything to do with Hitachi the conglomerate, the former still has a decent reputation and more importantly, brand awareness among consumers.