Positec Tool
Highly Engaged Employees
Highly Engaged EmployeesHand, Power & Lawn-care Tools · China · 1K - 5K Employees
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Overview
Headquarters
18 Dongwang Road Suzhou Industrial Park,...Phone Number
+86 7045993711Website
www.positecgroup.comRevenue
$681.6 MillionIndustry
ZI Rank: 2
Signal Type
Dec
Jan
Feb
Mar
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May
ZI Rank
4
4
1
1
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2
About Positec Tool
Positec Tool Corporation is a tool company based in Suzhou, China, with North American headquarters in Charlotte, NC. Positec has been designing, engineering and manufacturing lawn and power tools since 1994. Positec makes Worx and Rockwell branded tools, among others, selling the retailers world-wide. The corporation is committed to converting the world to battery powered lawn equipment to reduce emissions and conserve fossil fuels.Explore more
Positec Tool Org Chart
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Company Profile Activity
Activity Insights
Positec Tool is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Positec Tool is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Positec Tool.
Positec Tool financials insights
Gather financial insights about Positec Tool, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2025
Private Equity
$250M
Positec Tool Tech Stack
Most Recent Scoops
Project
, according to a front-line source in accounting, has completed initiatives related to cash collection automation within the last twelve months.
Automation, Accounting, Billing & Invoice, Financial Reporting, Finance
Project
, according to a front-line source in accounting, has completed initiatives related to accounts receivable within the last twelve months.
Accounting, Billing & Invoice, Financial Reporting, Finance
Pain Point
Project
, according to a front-line source in accounting, is planning to remediate challenges related to expense tracking. Positec Tool is planning to update workflow. The organization is currently evaluating Concur. The organization plans to improve ease of expense submittals and tracking to support reporting efforts.
Pain Point, Accounting, Financial Planning, Audit, Financial Reporting, Finance
Project
, according to a front-line source in accounting, is planning to leverage AI-driven automated bookkeeping and data entry over the next six to twelve months.
Automation, Accounting, Financial Reporting, Artificial Intelligence, Finance
Project
Accounting, Billing & Invoice, Financial Reporting, Finance
Positec Tool News & Media
Global Technology Leader Positec Group Secures $250 Million in Equity Financing
International leader in battery, power tool and robotics technology will leverage funding for continued innovation and global expansion CHARLOTTE, N.C., Jan. 14, 2025 /PRNewswire/ -- Positec Group Ltd., a global leader in manufacturing and innovation, today announced that it has secured...Positec bolsters Leadership Team with addition of global brands veteran Sid Levy, Jr.
Levy joins team as Vice President of Human Resources CHARLOTTE, N.C., June 8, 2023 /PRNewswire/ -- Positec Tool Corporation today announced that Sid Levy, Jr. has been appointed Vice President of Human Resources, effective June 12. Levy joins Positec in a critical role managing human...Positec names industry luminary Hanna Huffman as new senior vice president of marketing and e-commerce
CHARLOTTE, N.C., April 24, 2023 /PRNewswire/ -- Positec Tool Corporation today announced that Hanna Huffman has been appointed senior vice president of marketing and e-commerce, effective April 24. Huffman joins Positec after serving as senior vice president of marketing at Dotdash...Positec welcomes Dave Luczynski as new vice president of retail and business development
Industry expert brings four decades of expertise to Charlotte, North Carolina-based Positec. CHARLOTTE, N.C., April 12, 2023 /PRNewswire/ -- Positec Tool Corporation has announced that Dave Luczynski will join the organization as vice president of retail and business development effective...
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Frequently Asked Questions Regarding Positec Tool
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Positec Tool Corporation is a tool company based in Suzhou, China, with North American headquarters in Charlotte, NC. Positec has been designing, engineering and manufacturing lawn and power tools since 1994. Positec makes Worx and Rockwell branded tools, among others, selling the retailers world-wide. The corporation is committed to converting the... Read More
