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Lowe's and manufacturing partner J.H. Williams launched Kobalt in 1998, [1] with the intention of competing against rival retailers Sears and The Home Depot and their respective Craftsman and Husky tool brands. [2] In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4]
Shop it: Dewalt XR 2-Tool 20-Volt Max Brushless Power Tool Combo Kit with Soft Case, $249 (was $299), lowes.com More power tool deals: Craftsman 2000 Series 40.5-in W x 24.5-in H 6-Drawer Steel ...
In 1991, Milwaukee released the Milwaukee Super Sawzall, a reciprocating saw with built-in counterbalance, a gear-protecting clutch, and five different patents. In the later 1990s, Milwaukee Electric Tool Corporation released a new range of miter saws and a lineup of 18-volt contractor cordless tools. [7]
As of Oct. 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America. [ 5 ] Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by Home Depot in 1989) behind rival the Home Depot and ahead of Menards . [ 6 ]
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