It also allows construction managers to set limits on how power tools are used - including preset torque and speed settings for specific jobs. Milwaukee Tool, a 92-year-old company that is now a subsidiary of Hong Kong-based Techtronics Industries, says its new ONE-KEY program does much more than track missing tools. "As more users get in the program, it will expand the tracking network," Matson said. If a tool is stolen, the owner would get a notification of its location, should the item be near someone who has the tool-tracking app. ![]() "A lot of tools that go missing are just in the hands of someone else who works for your company, or the tool is inside someone else's storage container on a job site," said Steve Matson, a Milwaukee Tool senior product manager. Instead, the tools emit a constant Bluetooth signal that can be received from up to 300 feet by anyone with a Milwaukee Tool app on their smartphone. ![]() The Brookfield-based company, also known as Milwaukee Tool, says Integrated Tool Tracking is built into its new ONE-KEY products such as power drills and drivers. has launched a tool-tracking system that allows contractors to find missing or stolen items with the help of a phone app.
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