"First of all you assume that Sears was making a profit in the first place on Craftsman... It was not it was in the Red. That means by sending the MFG overseas it has only started making a profit not increased it. But My Craftsman tools (the Wrenches and Sockets)I think still say "Made in America". "
Go to a store, and look at a bunch of wrenches, the few made in the usa ones are still mixed in there, but the majority are Chinese. As for if they were or weren't making a profit on the craftsman line, I don't know, but I think that was most likely the only profit making part of sears for the last number of years. Sears/Kmart was in the red agreed, but the hand tools part is a small portion of sears. And, for a company that's going in the crapper, they still had plenty to sponsor racing. I don't know how much profit that returns them,maybe its a lot, maybe not, and really I don't care. My point is, everyone knew they could count on a craftsman wrench being an American staple, and even though priced more than a china special, still managed to keep a good following,yet either greed, or mismanagement resulted in the overseas switch. think what you want, but that's my opinion and I'm stickin to it.