Milwaukee Electric Tool Corp. said home improvement giant Lowe Co.'s Inc. owes the manufacturer more than $1.2 million. The payments at issue are for tools that Milwaukee Electric said it shipped before the two companies ended their partnership in 2008.
Editor's note: Check out our Lowes vs Home Depot article for our thoughts on these two behemoth home improvement stores.
Milwaukee Electric sued Mooresville-based Lowe's (NYSE: LOW ) and Madison, Wisconsin-based Lowe's Home Centers Inc. in Waukeeshire County (Wisconsin) Circuit Court this month.
Milwaukee Electric signed an agreement in September 2006 to supply power tools to Lowe's stores. It shipped tools in 2007. The two companies did not renew their supplier relationship in 2008.
At the end of the agreement, the retailer owed Milwaukee Electric more than $1.2 million, the lawsuit said. Lowe's issued its own payment credit for that amount, which Milwaukee Electric said was unauthorized and inappropriate.
The company demanded payment, but Lowe's declined, the lawsuit said. Milwaukee Electric seeks payment of the balance plus attorney's fees and other costs.
A Lowe's spokesman declined to comment.
about the author
Clint De Boer
When he's not playing with the latest power tool, Clint DeBoer enjoys life as a husband, father, and avid reader—especially the Bible. He loves Jesus, has a degree in recording engineering, and has been involved in multimedia and/or online publishing in one form or another since 1992.
Clint's career spans nearly the entire spectrum of audio and video production. After graduating top of his class with an Associate Degree in Recording Engineering, he began working in 1994 at the renowned Soundelux Studios, one of the largest post-production houses specializing in feature film and television audio. Clint has worked on countless feature films, honing his skills as a dialogue editor, foley editor and sound designer. Years later, he moved into the ever-expanding field of video editing as a senior AVID video editor for three years.
Clint DeBoer has worked extensively with clients including Universal Pictures, Hollywood Pictures, Paramount Home Entertainment, NASA, Universal Studios, Planet Hollywood, SEGA, NASCAR, as well as film and video editing, color correction and digital video and MPEG compression. He also holds several THX certifications (Technician I and II, THX Video) and is ISF Level II certified.
After founding the publishing company CD Media, Inc. in 1996, he went on to help launch or grow several successful online publications, including Audioholics (where he was editor-in-chief for 12 years), Audiogurus, and AV Gadgets. In 2008, Clint founded Pro Tool Reviews, followed by OPE Reviews in 2017 with a focus on landscape and outdoor power equipment. He also leads the Pro Tool Innovation Awards, an annual awards program that recognizes innovative tools and accessories across industries.
The success of what is now the industry's largest power tool review is a credit to God and his wonderful staff, and Clint DeBoer hopes to see the company continue to grow as it rapidly expands its reach. Pro Tool Reviews rigorously reviews hundreds of hand tools, power tools, and accessories each year to help users stay abreast of the best and newest products in the industry. Targeting everyone from construction industry professionals and tradespeople to serious DIYers, Pro Tool Reviews helps tool consumers shop better, work smarter, and learn which tools and products can help them stay ahead of their game .