Are Milwaukee and Craftsman the same company?

No, Milwaukee and Craftsman are not the same company, they are separate tool brands owned by different parent companies and with different histories and market positions. Milwaukee Tool is owned by Techtronic Industries, TTI, a Hong Kong-based company that also owns Ryobi, and is headquartered in Milwaukee, Wisconsin, founded in 1924, known for professional-grade power tools, especially cordless tools with REDLITHIUM batteries, targeting professional contractors and tradespeople with premium pricing and high performance. Craftsman is owned by Stanley Black & Decker, which bought Craftsman from Sears in 2017 for 900 million dollars, and is headquartered in Towson, Maryland, founded in 1927 as Sears house brand, known for hand tools, mechanics tools, and mid-range power tools targeting DIYers and homeowners with lifetime warranty and sold at Lowe's, Ace Hardware, and Sears. While both make tools, Milwaukee focuses on professional cordless power tools and heavy-duty equipment, while Craftsman focuses on affordable hand tools and entry-level power tools. They are competitors in tool market, not same company, though both are American heritage brands now owned by different corporations, Milwaukee by TTI and Craftsman by Stanley Black & Decker, with distinct product lines, pricing, and distribution channels, Milwaukee at Home Depot and professional supply, Craftsman at Lowe's.