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Dremel then developed the high-speed lightweight rotary tool, later named the Dremel Multitool, for which the company continues to be known. That invention was successful in the hobby and craft market. In 1948, Dremel gave his employees a 3% year-end share of profits, seen as a radical idea at the time. Dremel died on 18 July 1968 at the age of 81.
Website www.kobalttools.com Kobalt is a line of hand and mechanics' tools , power tools , and tool storage products owned by the American home improvement chain Lowe's .
The company now focuses more on the do-it-yourself consumer, but at one time made professional construction-grade power tools, which are now being sold under their subsidiary, SKILSAW. SKIL can trace its heritage to the invention of the circular saw by Edmond Michel in 1924, which led to the development of the SKILSAW circular saw Model 77 in 1937.
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