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Default Stanley Sells Off Delta

More info he
http://blogs.popularwoodworking.com/editorsblog/Stanley+Sells+Off+Delta+Will+Move+To+SC.aspx?et_mi d=65372&rid=3208882

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Default Stanley Sells Off Delta



"Rita and Neil Ward" wrote in message
...
More info he
http://blogs.popularwoodworking.com/editorsblog/Stanley+Sells+Off+Delta+Will+Move+To+SC.aspx?et_mi d=65372&rid=3208882


This is either a very good thing or a very bad thing. Time will tell.



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Default Stanley Sells Off Delta

On 1/13/2011 5:02 PM, Lee Michaels wrote:


"Rita and Neil Ward" wrote in message
...
More info he
http://blogs.popularwoodworking.com/editorsblog/Stanley+Sells+Off+Delta+Will+Move+To+SC.aspx?et_mi d=65372&rid=3208882



This is either a very good thing or a very bad thing. Time will tell.


It was buried in the WSJ about a week ago. IIRC, the parent company is
Chinese, but it appears there are also some American partners involved.
The CEO looks to be a beancounter, and was in upper management marketing
in previous companies, so you can almost bet who's going to benefit
first ... the mantra will probably be corporation before consumer.

Hope its not another one of those Rockwell moves ... buy an old
respected name in the tool business and direct the new "price point
engineered" crapola to the DIY market.

I got a kick out of the press release from the State they will be
headquartered in ... basically welcoming this old established
manufacturing company to their state ... yeah right, all of two weeks
old.

BS is getting stacked higher and higher ...

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Default Stanley Sells Off Delta

On Thu, 13 Jan 2011 18:02:30 -0500, "Lee Michaels"
leemichaels*nadaspam* at comcast dot net wrote:



"Rita and Neil Ward" wrote in message
...
More info he
http://blogs.popularwoodworking.com/editorsblog/Stanley+Sells+Off+Delta+Will+Move+To+SC.aspx?et_mi d=65372&rid=3208882


This is either a very good thing or a very bad thing. Time will tell.


If it's a bad thing, will Delta machinery be built in a DIFFERENT
Chinese noodle factory, or what?

--
A paranoid is someone who knows a little of what's going on.
-- William S. Burroughs
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