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Stock impact report

Hoover, Dirt Devil maker to relocate to Anderson [Yahoo! Finance]

TECHTRONIC INDUS LTD ADR (TTNDY) 
NASDAQ:AMEX Investor Relations: ttigroup.com/en/investor_relations
Company Research Source: Yahoo! Finance
Techtronic Industries Co. Ltd., announced on Wednesday plans to move its North American floorcare and cleaning appliance business, TTI Floorcare North America to Anderson. The company's portfolio includes multiple name brands used by professional and household consumers. The company said in a news release the move “reflects TTI's plan to accelerate disruptive innovation and leverage synergies between its consumer businesses.” The company said it has invested more than $500 million in South Carolina since 2019, and it currently employs over 1,500 people at an innovation center and warehouse in Anderson. “This relocation marks a significant milestone for TTI. By expanding our presence in Anderson, we're beginning a new journey to accelerate innovation, strengthen our synergies to drive profitability, and deliver new consumer solutions,” said Steven Richman, TTI CEO in a release. The company expects to fully transition to the Anderson location by June 2026. Copyright 2025 Show less Read more
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