Hilti

Hilti

Type	Société anonyme
Industry	Manufacturing
Headquarters	Schaan, Liechtenstein
Key people	Martin and Eugen Hilti
Products	Power Tools, Anchors, Diamond Drills, Laser Products, Firestops
Revenue	CHF 4.34 bn (2013)
Number of employees	20,000 + (worldwide)
Website	www.hilti.com

Headquarter of Hilti Corporation in Schaan, Liechtenstein

Hilti Corporation (Hilti Aktiengesellschaft or Hilti AG, also known as Hilti Group) is a Liechtenstein-based company that develops, manufactures, and markets products for the construction, building maintenance, and mining industries, primarily to the professional end-user. It concentrates primarily on anchoring systems, hammer drills, firestops, and installation systems, but manufactures and markets an array of tools (including cordless electric drills, heavy angle drills, laser levels, power saws, and fasteners). Hilti, a registered trademark of the various Hilti corporate entities, is the family name of the company's founders.

History

In 1941, the Hilti company was founded by Martin and Eugen Hilti, with the opening of a mechanical workshop in Schaan, Liechtenstein. Martin Hilti was trained in mechanical engineering and automotive design at the Wismar Engineering College and was 26 at the time of founding the company. The Martin Hilti Family Trust holds all of Hilti's registered shares as of 2003.

Hilti OHG began as a company that produced equipment and components on contract for the German industry during World War II. The exports went largely to Maybach Motorenbau in Friedrichshafen and Robert Bosch in Stuttgart. The products included tank parts and ammunition components for the Nazi war effort. After the war the company repositioned itself and began producing fasteners and other construction material.

Basics

Hilti is based in Schaan, Liechtenstein, and is the principality's largest employer. The company employs more than 20,000 people worldwide with over 2,500 employees in the United States. Hilti's North American headquarters had been located in Tulsa, Oklahoma, since 1979, although it employs account managers, engineers and specialists in all fifty states. In October 2014, Hilti announced plans to move its corporate headquarters (and about 250 jobs) from Tulsa to Plano, Texas by June 2015. The move is now complete.

Hilti North America

New York shop

Hilti North America (HNA) uses the Internet, Hilti retail stores, and local Sales Account Managers to drive growth. HNA developed an employee corporate culture that was later adopted by the entire company worldwide. Employees who are hired are put through a Basic Training Seminar in Tulsa, OK for 3 weeks, and on a yearly basis employees complete a survey called GEOS (Global Employee Opinion Survey) in which they give feedback about the company.

Awards

Product Engineering awarded Hilti its highest honor in 2005, judging Hilti's hand-held diamond core drill, the DD-EC1, best in class for its "Top Spin" coring technology. Hilti had previously won the award for its "Speed Lock" clevis hanger. Hilti's rotary hammers and combi hammers have been consistently named Best in Class by Tools of the Trade Magazine.

See also

• Economy of Liechtenstein
• Forst Hilti railway station

External links

• The main Hilti site
• HILTI Foundation
• Franck Goddio Society