Albert J. Dremel was the inventive genius who founded the Dremel Company back in 1932. The company was and still is famous for its rotary tools. In 1993, the company was sold to Robert Bosch GmbH and is now a division of the Robert Bosch Tool Corporation located in Mount Prospect, Illinois. Today there are more than 17 million rotary tools currently in use, and Dremel is still the leading provider. With numerous attachments and more than 150 available accessories, it truly is one of the most versatile tools anyone can own.