theoldwizard1 wrote:
keymastr wrote:
I thought Craftsman was bought by Ace Hardware? Were they sold again? Have to admit I don't trust them much anymore.
The "Craftsman" brand name was bought by Stanley-Black & Decker (SBD) last year. They have recently "relaunched" the brand. They are sold at Sears, Ace and Lowes.
Sears/Craftsman NEVER owned any manufacturing facilities. All most all of the Craftsman tools were built to Sears specification. SOme were just re-branded. For the past 15-20 (?) most of the tools were made off shore. Quality varied depending on who the manufacturer was (that year !).
Many of the "new" Craftsman tools, are other SBD brands with different colors and labels (SBD owns several tool companies including DeWalt). SBD has said that they will bring much of the manufacturing back to the US over the next few years.
If you are shopping for hand tools, don't overlook Harbor Freight. The hand tools are better than they used to be. The "jury is still out" on power tools, but I have not heard of any major complaints about the newer Predator generators. I think I would buy one of theirs (with an extended warranty) before I would buy some of the "other" brands.
...this info is true. "Sears" is basically done and of no value itself. The only thing they had of value were the Craftsman, Kenmore, and Die Hard trademarks and their respective product lines. I don't know what they sold for but an article I read a few years ago said they could be worth over a Billion dollars.
As to the hand tools, the Craftsman tools I have are over 30 years old and where all stamped Made in USA and have held up well.
Few months ago I was looking for an inexpensive torque wrench on Amazon and checked out the offerings under the Craftsman brand; a common review was, "CHEAP CHINA JUNK, BROKE THE FIRST TIME I USED IT".
I ended up with a brand out of Taiwan that had over 1,000 reviews which were very positive. Turns out to be a great little wrench for about $40. The quality and finish seem to be outstanding.