worâ¢thy. 1. having adequate or great merit, character, or value: a worthy successor. 2. of commendable excellence or merit; deserving; meritorious: an effort worthy of praise. 3. a person of eminent worth, merit, or position.
Japanâs Sumitomo Forestry bought out American house builder. Sumitomo Forestry Co., Ltd. (Tokyo) announced that it bought 60% of share of DRB Enterprises, which owns Dan Ryan Builders (DRB) group in Maryland. DRB is a major house builder on the East Coast and South of the United States. Purchase amount is about 10 billion yen (US$ 90 million).
Contrary to popular belief, Home Depot does not own Ridgid, Ryobi, or any other brand. They just have a marketing contract. As far as I know, all the Ridgid plumbing tools are still made in USA. TTI also has Dirt Devil, Hoover, and some other vacuum brands. They just acquired the Milwaukee brand last spring, as I recall. Hitachi is a huge conglomerate in itself. The power tool division is actually one of the smaller operations, though it's one of the oldest tool makers. Did you know they invented the SCMS? They're into everything from semiconductors,electronics, and appliances to heavy equipment, elevators and power plants.