Hilti Corporation (Hilti Aktiengesellschaft or Hilti AG, also known as Hilti Group) is a Liechtenstein multinational company that develops, manufactures, and markets products for the construction, building maintenance, and mining industries, primarily to the professional end-user. Hilti has a presence in more than 120 countries around the world, with production plants and research and development centres in Europe, Asia and Latin America. It concentrates primarily on anchoring systems, hammer drills, firestops, and installation systems, but manufactures and markets an array of tools (including cordless electric drills, heavy angle drills, laser levels, power saws, and fasteners). Hilti, a registered trademark of the various Hilti corporate entities, is the family name of the companys founders. In 1941, the Hilti company was founded by Martin and Eugen Hilti, with the opening of a mechanical workshop in Schaan, Liechtenstein. Martin Hilti was trained in mechanical engineering and automotive design at the Wismar Engineering College and was 26 at the time of founding the company. The Martin Hilti Family Trust holds all of Hiltis registered shares as of 2016.