Finn-Power was originally formed in 1969 by founder and CEO, Jorma Lillbacka. Hydraulic hose crimping and cutting machines were the first products manufactured by the company under the trade name Finn-Power. Each year Lillbacka Powerco Oy manufactures thousands of portable, benchtop and production model crimping machines, as well as hose cutting and nut crimping machines. Approximately 95% of Powerco's production is exported through an international distributor network to more than 60 countries from the company's factory in Finland.