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The future of Craftsman tools

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WWheeler

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Interesting

Craftsman Warranties

We understand the Craftsman warranties are important to existing customers and intend to honor existing and offer similar warranties going forward. Craftsman branded products will continue to be covered under their existing warranties. In the immediate term, there are no changes to how you will get service regarding your warranty.
 

Farmall450

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Interesting to see Farm & Fleet is about the only other retailer besides Ace and Sears subsidiaries to carry it, I figured when they got craftsman more larger chains would too.

Craftsman products sold by Stanley Black & Decker will once again be Made in the USA with global materials.

Interesting, figured that would constitute assembled in the USA, though I'm not sure how you assemble a socket or combination wrench.
 

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outdoorspace

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No offense, but since it does not look like an official Stanley URL, it could be a great way to start receiving spam.

I was also suspicious but the domain has been mentioned on Stanley Black and Decker's main corporate site and Twitter account. I'm not sure why Stanley would want to mask the domain's ownership.
 

WWheeler

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I was also suspicious but the domain has been mentioned on Stanley Black and Decker's main corporate site and Twitter account. I'm not sure why Stanley would want to mask the domain's ownership.

I'd guess it's likely the page was created by a PR firm hired by Stanley, rather than someone working directly for the company. in the wake of all the 'Sears has 'substantial doubt' that it can survive' news I'd figure Stanley would want to pretty quickly try to get the word out that they plan to keep the Craftsman brand going regardless.
 

Brownsfan

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Good news for the craftsman name overall. But in my mind Craftsman=Sears and Sears=Craftsman. I for one will miss Sears if they go away. Where else am I going to go when board at the mall with the wife? I do miss the Sears of old. I remember a time not to long ago where I could walk into a Sears and get just about anything I needed tool wise and not at a bad price either. It seems like just yesterday when I started out and needed tools for my job I applied for a Sears card ,got approved and went shopping for just about EVERYTHING I needed. Bought a 250 piece set of sockets ratchets and extensions. Plus everything else .
 

kythri

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You looked it up same time I did - looks like the same one Hilary Clinton used.

Perfect Privacy is simply Network Solutions private registration company.

It's becoming pretty common practice for entities to purchase the service when registering domains. I do it with all of the domains I manage for my company, via NSI.
 

kythri

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It's not the information given - which anyone can to, it's the "enter your email address", that is the tip off, or at least should be, IMO.

Feel free to sign up.

Just did! :thumbup:

Beyond the fact that it's a legitimate website, it's not like I'm going to avoid getting spam in the first place.
 

7th Kahuna

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Interesting to see Farm & Fleet is about the only other retailer besides Ace and Sears subsidiaries to carry it, I figured when they got craftsman more larger chains would too.

I have wondered if ACE and the others paid for some sort of exclusivity. I remember when Orchard started carrying Craftsman. For the most common tools, it was kind of good news. Today, they maintain better stock than my local Sears store. Not as wide an assortment perhaps, but unlike Sears, the shelves aren't half empty.

When Lowes bought Orchard a couple years back, I rather expected that either Craftsman would disappear from Orchard or would appear in Lowes. Neither has happened.

It will be interesting to see what happens to the brand now. Is there a large enough market to support a higher end (i.e. 1960's -v-) tool line for the common man, or will it just be an alternative to Harbor Freight's PRO line tools, sold by any vendor who will offer the shelf space? Perhaps something in between.
 

LB-1911

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Farmall450

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I have wondered if ACE and the others paid for some sort of exclusivity. I remember when Orchard started carrying Craftsman. For the most common tools, it was kind of good news. Today, they maintain better stock than my local Sears store. Not as wide an assortment perhaps, but unlike Sears, the shelves aren't half empty.

When Lowes bought Orchard a couple years back, I rather expected that either Craftsman would disappear from Orchard or would appear in Lowes. Neither has happened.

It will be interesting to see what happens to the brand now. Is there a large enough market to support a higher end (i.e. 1960's -v-) tool line for the common man, or will it just be an alternative to Harbor Freight's PRO line tools, sold by any vendor who will offer the shelf space? Perhaps something in between.

I'd agree, Farm & Fleet doesn't have as big of an area dedicated to Craftsman but what they have is well stocked. It'll be great to see a wave of US tools since they dropped US-made Allen for Craftsman. :beer:
(with that said, I bet the DeWalt across the aisle will be stiff competition).
 
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jakemac

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Interesting to see Farm & Fleet is about the only other retailer besides Ace and Sears subsidiaries to carry it, I figured when they got craftsman more larger chains would too.

Craftsman products sold by Stanley Black & Decker will once again be Made in the USA with global materials.

Interesting, figured that would constitute assembled in the USA, though I'm not sure how you assemble a socket or combination wrench.


It's still early in the transition. It will take time for Stanley to develop a marketing plan, negotiate contracts, and stock new outlets. I fully expect to see Craftsman products in the big box stores eventually.
 

woody 73

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Interesting to see Farm & Fleet is about the only other retailer besides Ace and Sears subsidiaries to carry it, I figured when they got craftsman more larger chains would too.

Craftsman products sold by Stanley Black & Decker will once again be Made in the USA with global materials.

Interesting, figured that would constitute assembled in the USA, though I'm not sure how you assemble a socket or combination wrench.

LOL you made me spit out my morning tea, made in the USA with global materials...so true!:bowdown::lol_hitti
 

7th Kahuna

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There's also a very real possibility of the sale being reversed in bankruptcy court if the court finds it was an "illegal conveyance."

Perhaps you know something I don't, but to me this seems unlikely. As I understand it, Craftsman, DieHard, and Kenmore were separated into their own company quite some time ago. More importantly however, Sears really is a real estate company that happens to have a retail division. Retail operations could shut tomorrow and the company's real estate holdings would continue to generate income. (For example, about 25% of one local Sears store recently became a chain fitness center.) I can't imagine their debt would exceed the value of the real estate. Then again :headscrat

I fully expect to see Craftsman products in the big box stores eventually.

I wonder. The big box stores around here have all been moving to house brands (even if they don't sound like house brands). I don't see HomeDepot carrying Craftsman if they are going to have to compete with ACE, Orchard, Lowes, or :shocking: Walmart :shocking:. Remember HomeDepot used to carry Stanley. They asked Stanley for a unique brand (Husky) and eventually bought the brand outright. Where they do have to carry national brands, they ask for some measure of exclusivity, through unique accessories, cases, colors, etc.

I just don't see Craftsman holding much value for HomeDepot or Lowes. I should clarify that I don't see '1960's Craftsman' holding much value for HomeDepot or Lowes. Of course, if Stanley runs it into the ground, that's another thing all together. If they are just milking the name, then maybe.

I grew up thinking Millers Falls tools were trash. It wasn't until I started digging through my late grandfather's garage that I realized the name used to mean something. I had the same experience with Black and Decker. I just can't see Stanley doing this to Craftsman. Why spend the money. They have plenty of brands in their stable.
 

Farmall450

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LOL you made me spit out my morning tea, made in the USA with global materials...so true!:bowdown::lol_hitti

I copied that right off their webpage! I can certainly understand that for the electric tools (which will hopefully become DeWalt clones :drool:) ((and use the same battery, not a locked out PC or B&D one)).
 

7th Kahuna

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Kenmore, Diehard and Craftsman were not their own company.

I didn't realize the real estate was getting sold off, not properties of value anyhow. That changes things. At least as far as the suppliers and banks are concerned, no one is going into this blind.

With respect to Kenmore, Craftsman and DieHard, this is what I was referring to:

KCD IP, LLC, doing business as Craftsman, manufactures and distributes hand tools, power tools, lawn and garden tools, as well as storage and garage tools. Its hand tools category of products include hammer pull sets, brake service kits, sensor socket sets, mechanic tool sets, homeowner tool sets, wrenches, ratchets, screwdrivers, pliers, nut drivers, hammers, clamps, and tool carriers. The company’s power tools category includes corded and cordless handheld power tools, bench power tools, saw blades, batteries, chargers, power tool accessories, compressors, miter saws, rivets, and riveters. Its lawn and garden tools category includes lawn mowers and tractors, yard power equipment, snow equipment, and grills. The company’s storage and garage tools category includes ball bearing workstations, rolling cabinets, garage shelving solutions, and sheds. It also offers smart garage door openers, job site radios, flashlights, and workwear solutions. The company was founded in 1927 and is based in Hoffman Estates, Illinois. KCD IP, LLC operates as a subsidiary of Sears Holdings Corporation.

I copied that from Bloomberg. As I remember from an article several years ago, KCD was created specifically to hold the non-real estate assets and shield them in the possibility that the retail operations should one day wind down. The above description interestingly fails to mention Kenmore or DieHard. Not sure why.
 
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dogdog

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No offense, but since it does not look like an official Stanley URL, it could be a great way to start receiving spam.

Most people who like Cman tools, will figure out, where to get them, especially since it is discussed - non-stop, here.

and yes, I looked it up.

https://whois.icann.org/en/lookup?name=thefutureofcraftsman.com

I just looked up the same too... it looks like a spamlist generator. normal company don't need to hide ownership facts.


Domain Name: THEFUTUREOFCRAFTSMAN.COM
Registry Domain ID: 2102120405_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.networksolutions.com
Registrar URL: http://networksolutions.com
Updated Date: 2017-03-05T14:46:32Z
Creation Date: 2017-03-03T05:00:00Z
Registrar Registration Expiration Date: 2018-03-03T05:00:00Z
Registrar: NETWORK SOLUTIONS, LLC.
Registrar IANA ID: 2
Registrar Abuse Contact Email: [email protected]
Registrar Abuse Contact Phone: +1.8003337680
Reseller:
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: PERFECT PRIVACY, LLC
Registrant Organization:
Registrant Street: 12808 Gran Bay Parkway West
Registrant City: Jacksonville
Registrant State/Province: FL
Registrant Postal Code: 32258
Registrant Country: US
Registrant Phone: +1.5707088780
Registrant Phone Ext:
 

M_George

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Until we get the steel mills back up and running, nothing else to use but global materials. So much industry has left this country, not much left. Just Trump can come through on his campaign promises.
 

WWheeler

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I was also suspicious but the domain has been mentioned on Stanley Black and Decker's main corporate site and Twitter account. I'm not sure why Stanley would want to mask the domain's ownership.

OK after having initially taken you at your word accepting the site is legit, I got to wondering, so I took a look at the SBD site and twitter accounts and couldn't find the site, thefutureofcraftsman.com, listed anywhere on either. Care to share where you saw this?

http://www.stanleyblackanddecker.com/
https://twitter.com/stanleytools?lang=en
 

jjkrjh

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WWheeler

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Your first link at bottom of page without scrolling.

Thanks. Don't know how I missed that before.

2a4oay9.jpg
 

7th Kahuna

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Until we get the steel mills back up and running, nothing else to use but global materials.

I know the owner a construction equipment manufacturer who can no longer get the specific alloy of steel they want, not from the US and not internationally. No one makes it anymore. The substitute comes from China and a few years back, China was refusing to export any of it, claiming they needed it for their own purposes. Interestingly, he could have imported parts made of the material, just not the raw material itself. They redesigned rather than outsource the production but ended up with a cutter that they considered to be inferior to either of the two previous versions. His frustration was palpable.

There is no US production without global materials.
 

M_George

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Hope your right, the ones I know of in Pa just make sheet rolls. I have family in Ohio that work at Werton steel and all they make now is sheet. Same with US Steel as far as their Web site shows.
 

Brownsfan

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We still have a couple steel mills running here in Cleveland and Elyria. Not to the levels they once were but still going.
 
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