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The Ridge Tool Company and the "Ridgid" brand are owned by Emerson Electric Company. In 2003, Emerson Electric licensed One World Technologies (OWT) to manufacture Ridgid bench top and stationary woodworking power tools. Only the orange Ridgid power tools are manufactured by OWT. The Ridge Tool Company still manufactures the red Ridgid tools.

OWT is a subsidiary of a Hong Kong company named TechTronic Industries (or TTI). TTI now also owns the Milwaukee, Ryobi and AEG brands. OWT has also manufactured tools for Metabo, Fein and Senco.

Ridgid power tools are now manufactured by OWT in Asia (mostly China or Taiwan). As recently as 2006, a few Ridgid corded power tools (e.g., grinders, hammer drills, and jigsaw) were manufactured at the Metabo factory in Germany.

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