Dewalt is a brand of power tools for the construction and woodworking industries. The initial company was started in 1924 by Raymond E. the inventor of the radial arm saw. The company grew rapidly and was reorganized in 1947, manufacturing radial arm saws and other stationary woodworking machines. After buying the company in 1949, the American Machine & Foundry Co. Inc. sold it to Black & Decker in 1960. Black & Decker divested itself of the radial arm saw manufacturing branch in 1989, selling it for two. executives. Today, manufactures and markets more than 200 different mechanical hand tools and 800 accessories.
In 1994 the German manufacturer of high-tech woodworking tools ELU was acquired by DeWalt. Consequently was able to expand its range of wireless equipment and other instruments with the revolutionary ELU technology.
Dewalt Tools has sponsored driver Matt Kenseth from 1999 to 2009 in the NASCAR Cup. Currently, since 2011, the brand has sponsored Marcos Ambrose in the category.