Festool

{{Short description|German power tool manufacturer}}

{{Infobox company

| logo = Festool.svg

| logo_size = 250px

| name = Festool GmbH

| type = GmbH

| foundation = {{Start date and age|1925}}

| location = Wendlingen, Germany

| key_people =

| industry = Manufacturing

| products = Power tools and accessories

| revenue = €340 million

| operating_income =

| net_income =

| num_employees = 3,300

| parent = TTS Tooltechnic Systems

| subsid =

| homepage = [http://www.festool.com/ www.festool.com]

| footnotes =

}}

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File:Cleantex Festool CTL 36 IMG 2485 antistatic vacuumcleaner (cropped).JPG]]

Festool is a brand of high-end power tools from Germany. Festool Group GmbH & Co. KG is based in Wendlingen and is a subsidiary of the TTS Tooltechnic Systems holding company. It is known for its system-based approach to power tools and its focus on dust extractors.

The company was founded by Gottlieb Stoll and Albert Fezer in 1925 under the name Fezer & Stoll. The company manufactured the world's first portable chainsaw in 1927. The company's name was shortened to Festo in 1933. Festo founded Festo Tooltechnic in 1992, and the power tool division was spun off into an independent company, Festool, in 2000.{{Cite web |url=http://www.woodcraft.com/Articles/Articles.aspx?ArticleId=557 |title=Festool History and Innovations |website=www.woodcraft.com |language=en |access-date=2018-05-10 |archive-date=24 October 2014 |archive-url=https://web.archive.org/web/20141024063911/http://www.woodcraft.com/Articles/Articles.aspx?ArticleId=557 |url-status=dead}}{{Cite web |url=http://www.festoolusa.com/contact/about/ |title=About Festool |website=www.festoolusa.com |language=en |access-date=2018-05-10}}{{Cite web |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22989001 |archive-url=https://archive.today/20141015204627/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22989001 |url-status=dead |archive-date=15 October 2014 |title=Festool GmbH: Private Company Information - Bloomberg |website=investing.businessweek.com |access-date=2018-05-10}} The company remains privately owned by the family of co-founder Gottlieb Stoll.{{Cite web |url=https://www.festool.co.uk/company/typically-festool/family-run |title=Family-run |website=www.festool.co.uk |language=en |access-date=2018-05-10}}

As of October 2017, Festool operates subsidiaries in 26 countries including the United Kingdom, the United States, Canada, France, the Netherlands, and Russia.{{Cite web|url=https://www.festool.co.uk/company/facts-and-figures|title=Festool Facts and figures from Exports to Staff!|website=www.festool.co.uk|language=en|access-date=2018-05-10}} In late 2017, it set up its first Asian subsidiary in South Korea. Festool products are primarily manufactured in Neidlingen (Germany), Illertissen (Germany), and Česká Lípa (Czech Republic).{{Cite web |url=https://www.festoolusa.com/company/facts-and-figures |title=Facts and figures |website=www.festoolusa.com |language=en |access-date=2018-05-10}} In July 2017, Festool opened its first North American production line at its Lebanon, Indiana, facility, where it produces mainly guide rails for its track-saw system.{{Cite news|url=http://www.woodworkersjournal.com/festool-begins-guide-rail-production-america/|title=Festool {{!}} Guide Rail {{!}} Lebanon {{!}} Indiana {{!}} Track Saw {{!}} Woodworker's Journal|date=2017-08-01|work=Woodworking {{!}} Blog {{!}} Videos {{!}} Plans {{!}} How To|access-date=2018-05-10|language=en-US}}

Festool's system-based power tool design includes the use of modular plastic containers, called "systainers", that are produced by its sister company TANOS, and multi-function parts such as guide rails for stationary work and power tools.{{cite web |title=Home - Welcome to the TANOS GmBH |url=http://tanos.de/default.asp?lid=En |website=www.tanos.de |publisher=Tanos |access-date=15 October 2014 |url-status=dead |archive-url=https://web.archive.org/web/20150107182627/http://www.tanos.de/default.asp?lid=En |archive-date=7 January 2015 }}{{Cite web|url=http://www.thisiscarpentry.com/2014/08/08/festool-ct-wings/ |title=Festool CT Wings {{!}} THISisCarpentry|website=www.thisiscarpentry.com |language=en |access-date=2018-05-10}} It also produces a workbench system involving Multifunction tables (MFTs). https://www.festool.com/accessory/accessories-for-equipment/work-benches/work-benches/495315---mft3#Overview