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#42
Posted to rec.woodworking
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will they stand behind the tools still
On Sun, 15 Jan 2017 14:13:38 -0500
woodchucker wrote: Don't know if you realize it. But sears/craftsman has been selling the evolve line which is HF stuff. But at a higher price. Sometimes much higher. did not know that and did not know about evolve line of tools now i wonder if sears will continue to sell the tools i am guessing they will they just won't make them they will probably make more selling them now then when they made them |
#43
Posted to rec.woodworking
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will they stand behind the tools still
On Sun, 15 Jan 2017 16:20:58 -0500
Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell |
#44
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 13:10:12 -0500, wrote:
On Mon, 16 Jan 2017 00:22:48 -0500, "J. Clarke" wrote: In article h5lo7cl6aikmvmihqjfelrl61l30tj8orm@ 4ax.com, says... On Sun, 15 Jan 2017 21:35:15 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 8:46 PM, wrote: On Sun, 15 Jan 2017 17:48:10 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 5:12 PM, Bill wrote: Leon wrote: On 1/15/2017 3:20 PM, Bill wrote: Electric Comet wrote: birds of a feather flock together so now craftsman stanley and black decker will all become equally crappy but i wonder if the craftsman tools with lifetime guarantee will still be honored or will they just throw that out and go for complete mediocrity If you just spent 900 million on the company, what would you do? What you paid for a company has nothing to do with whether you honor old guarantees/warranties or not. You may or may not be obligated to honor those warranties. You are simply the new owner of the company, the company still has legal obligations. How do you think that the shareholders of S felt after the bankruptcy and reorganization? I would suppose that any legal liability for old tools would have ended there. The new owner may feel it is in there best interest to maintain the warranties, but they may also not. My point was that as the new owner, I think you get to "call the tune", especially on a tools sold before the reorganization--which represents almost "pure liability" to you (I am not a lawyer). How about those folks who collect old tools and turn them in for new ones? They are angle shooters, and, IMO, everyone deserves protection from people who would seek to profit from "loopholes" (that are "out of the spirit" of the warranty). S and SHLD have both treated them more charitably than I would have... It all has to do with the details of what they buy but unless the company simply disappears some one is still going to be liable to uphold the warranty. As far as people taking advantage of the warranty, Craftsman could simply ask for proof of purchase or a copy of the warranty that they received. Except they cannot unilaterally change the requirements for the warranty, and no "copy of the warranty" was recieved wit the tools at purchace, other than "lifetime warranty" on the packaging - which I, for one, have not kept for 48 years over numerous moves and life changes Exactly, that would be their out. But I have photo copied packaging showing the warranty in the even that this comes up. Much easier to do now than in the past. Virtually impossible in 1968/69. What, photocopying packaging? Maybe you didn't work anywhere that there was a Xerox but a lot of people did. We had Thermofax. The school in 1973 had a spitit duplicator. Try copying the warranty off the label of a set of tools with that. You could take a picture. Mabee even a polaroid, which will have faded to un-readable by now. Make that spitit duplicater a SPIRIT duplicator. |
#45
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 11:51:40 -0800, Electric Comet
wrote: On Sun, 15 Jan 2017 14:13:38 -0500 woodchucker wrote: Don't know if you realize it. But sears/craftsman has been selling the evolve line which is HF stuff. But at a higher price. Sometimes much higher. did not know that and did not know about evolve line of tools now i wonder if sears will continue to sell the tools i am guessing they will they just won't make them they will probably make more selling them now then when they made them Sears NEVER made Craftsman tools. All they did is design (specify) and sell them. Not a lot will change at Sears as far as Craftsman Tools is concerned, at the store level. Even Stanley /Black and Decker doesn't make all of their own tools. Much of their production is "farmed out" to the far east. Husky tools are made by Stanley. Stanley also owns MAC tools. Until 1994 Stanley made much of the Craftsman tool line. Proto is also made by Stanley and is actually the highest quality line of tools Stanley makes. Stanley owns production in Taiwan as well - so technically I guess you COULD say Stanley produces virtually all of their own tools - but not necessarily in North America. They got raked over the coals real good recently for marking toold "made in America" when they were really "assembled in America fron Globally Supplied Parts" |
#46
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet
wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. |
#47
Posted to rec.woodworking
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will they stand behind the tools still
"Electric Comet" wrote in message news On Sun, 15 Jan 2017 14:13:38 -0500 woodchucker wrote: Don't know if you realize it. But sears/craftsman has been selling the evolve line which is HF stuff. But at a higher price. Sometimes much higher. did not know that and did not know about evolve line of tools now i wonder if sears will continue to sell the tools i am guessing they will they just won't make them they will probably make more selling them now then when they made them They never made them. |
#48
Posted to rec.woodworking
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will they stand behind the tools still
Electric Comet wrote:
On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago To my mind, it still means something, perhaps more than it should. And, I suppose, that's what they paid for--a decent amount of "goodwill". sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell |
#49
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 16:14:51 -0500
"dadiOH" wrote: They never made them. this deal just keeps getting better and better for sears but they sold more than the name they must be selling the designs and molds and any intellectual properties |
#50
Posted to rec.woodworking
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will they stand behind the tools still
On Sun, 15 Jan 2017 23:20:59 -0600, Leon lcb11211@swbelldotnet
wrote: On 1/15/2017 10:36 PM, wrote: On Sun, 15 Jan 2017 21:55:36 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 9:40 PM, Unquestionably Confused wrote: On 1/15/2017 9:33 PM, Leon wrote: On 1/15/2017 7:16 PM, Larry Blanchard wrote: On Sun, 15 Jan 2017 17:48:10 -0600, Leon wrote: It all has to do with the details of what they buy but unless the company simply disappears some one is still going to be liable to uphold the warranty. I don't think that's necessarily true, Leon. As someone said, it depends on the terms of the sale. I do remember reading about one or two corporate sales where the seller kept the responsibility for old warranties but I don't remember the details. Absolutely and I'm sorry if I did not make that clear. Arbitrarily the new owner cannot just decide to stop honoring the warranty, it will be governed by the terms of the agreement/sale. The new owner may or may not have to honor the new warranty depending on the agreement. That will/was decided before the sale. If their, the new owners, acquisition does not require them to honor the warranty, I suspect that Sears will have to continue to honor the warranties up to that point. Sort of like a bank being sold and the banking company selling the bank saying the new owners don't have to pay the former bank's depositors? LOL! I suspect this did happen in the past, pre depression era time. But there are regulations that prevent this and in the case of default, FDIC. It's one thing when a company goes under, another thing entirely when a company sells it's interests. The purchasing company also assumes, by law, the liabilities and debts of that company and the warranty would be one such debt or liability. Yes, but the new owner does not necessarily have to assume the liability on past sales, know as the warranty. But some one does, and that may be a required acquisition of a third party insurance to cover that detail. Not necessarily. In a banruptcy, the assets may be sold off without selling the company itself and any liabilities killed with the business. It's not only the debtors that get screwed. The conversation is about the sale of Craftsman and the liabilities that go with it, not bankruptcy. Sure, if Sears continues to sell Craftsman tools, they'll have to honor their warranty. It doesn't transfer to Stanley, even if they use the "Craftsman" name (which one would suppose they will). |
#51
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 15:56:14 -0500, wrote:
On Mon, 16 Jan 2017 13:10:12 -0500, wrote: On Mon, 16 Jan 2017 00:22:48 -0500, "J. Clarke" wrote: In article h5lo7cl6aikmvmihqjfelrl61l30tj8orm@ 4ax.com, says... On Sun, 15 Jan 2017 21:35:15 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 8:46 PM, wrote: On Sun, 15 Jan 2017 17:48:10 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 5:12 PM, Bill wrote: Leon wrote: On 1/15/2017 3:20 PM, Bill wrote: Electric Comet wrote: birds of a feather flock together so now craftsman stanley and black decker will all become equally crappy but i wonder if the craftsman tools with lifetime guarantee will still be honored or will they just throw that out and go for complete mediocrity If you just spent 900 million on the company, what would you do? What you paid for a company has nothing to do with whether you honor old guarantees/warranties or not. You may or may not be obligated to honor those warranties. You are simply the new owner of the company, the company still has legal obligations. How do you think that the shareholders of S felt after the bankruptcy and reorganization? I would suppose that any legal liability for old tools would have ended there. The new owner may feel it is in there best interest to maintain the warranties, but they may also not. My point was that as the new owner, I think you get to "call the tune", especially on a tools sold before the reorganization--which represents almost "pure liability" to you (I am not a lawyer). How about those folks who collect old tools and turn them in for new ones? They are angle shooters, and, IMO, everyone deserves protection from people who would seek to profit from "loopholes" (that are "out of the spirit" of the warranty). S and SHLD have both treated them more charitably than I would have... It all has to do with the details of what they buy but unless the company simply disappears some one is still going to be liable to uphold the warranty. As far as people taking advantage of the warranty, Craftsman could simply ask for proof of purchase or a copy of the warranty that they received. Except they cannot unilaterally change the requirements for the warranty, and no "copy of the warranty" was recieved wit the tools at purchace, other than "lifetime warranty" on the packaging - which I, for one, have not kept for 48 years over numerous moves and life changes Exactly, that would be their out. But I have photo copied packaging showing the warranty in the even that this comes up. Much easier to do now than in the past. Virtually impossible in 1968/69. What, photocopying packaging? Maybe you didn't work anywhere that there was a Xerox but a lot of people did. We had Thermofax. The school in 1973 had a spitit duplicator. Try copying the warranty off the label of a set of tools with that. You could take a picture. Mabee even a polaroid, which will have faded to un-readable by now. Make that spitit duplicater a SPIRIT duplicator. There's a difference? |
#52
Posted to rec.woodworking
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will they stand behind the tools still
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#53
Posted to rec.woodworking
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will they stand behind the tools still
On 1/16/2017 7:47 PM, Leon wrote:
On 1/16/2017 6:40 PM, wrote: We had Thermofax. The school in 1973 had a spitit duplicator. Try copying the warranty off the label of a set of tools with that. You could take a picture. Mabee even a polaroid, which will have faded to un-readable by now. Make that spitit duplicater a SPIRIT duplicator. There's a difference? TIT and RIT ;!) But I never checked at a pair of RITS on a woman. Am I missing something? |
#54
Posted to rec.woodworking
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will they stand behind the tools still
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#55
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 19:37:14 -0500, wrote:
On Sun, 15 Jan 2017 23:20:59 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 10:36 PM, wrote: On Sun, 15 Jan 2017 21:55:36 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 9:40 PM, Unquestionably Confused wrote: On 1/15/2017 9:33 PM, Leon wrote: On 1/15/2017 7:16 PM, Larry Blanchard wrote: On Sun, 15 Jan 2017 17:48:10 -0600, Leon wrote: It all has to do with the details of what they buy but unless the company simply disappears some one is still going to be liable to uphold the warranty. I don't think that's necessarily true, Leon. As someone said, it depends on the terms of the sale. I do remember reading about one or two corporate sales where the seller kept the responsibility for old warranties but I don't remember the details. Absolutely and I'm sorry if I did not make that clear. Arbitrarily the new owner cannot just decide to stop honoring the warranty, it will be governed by the terms of the agreement/sale. The new owner may or may not have to honor the new warranty depending on the agreement. That will/was decided before the sale. If their, the new owners, acquisition does not require them to honor the warranty, I suspect that Sears will have to continue to honor the warranties up to that point. Sort of like a bank being sold and the banking company selling the bank saying the new owners don't have to pay the former bank's depositors? LOL! I suspect this did happen in the past, pre depression era time. But there are regulations that prevent this and in the case of default, FDIC. It's one thing when a company goes under, another thing entirely when a company sells it's interests. The purchasing company also assumes, by law, the liabilities and debts of that company and the warranty would be one such debt or liability. Yes, but the new owner does not necessarily have to assume the liability on past sales, know as the warranty. But some one does, and that may be a required acquisition of a third party insurance to cover that detail. Not necessarily. In a banruptcy, the assets may be sold off without selling the company itself and any liabilities killed with the business. It's not only the debtors that get screwed. The conversation is about the sale of Craftsman and the liabilities that go with it, not bankruptcy. Sure, if Sears continues to sell Craftsman tools, they'll have to honor their warranty. It doesn't transfer to Stanley, even if they use the "Craftsman" name (which one would suppose they will). They will, and so will Stanley. Something better than 90% of Stanley-Produced mechanics tools carry lifetime warrantees today. |
#56
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 20:03:33 -0500, wrote:
On Mon, 16 Jan 2017 19:37:14 -0500, wrote: On Sun, 15 Jan 2017 23:20:59 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 10:36 PM, wrote: On Sun, 15 Jan 2017 21:55:36 -0600, Leon lcb11211@swbelldotnet wrote: On 1/15/2017 9:40 PM, Unquestionably Confused wrote: On 1/15/2017 9:33 PM, Leon wrote: On 1/15/2017 7:16 PM, Larry Blanchard wrote: On Sun, 15 Jan 2017 17:48:10 -0600, Leon wrote: It all has to do with the details of what they buy but unless the company simply disappears some one is still going to be liable to uphold the warranty. I don't think that's necessarily true, Leon. As someone said, it depends on the terms of the sale. I do remember reading about one or two corporate sales where the seller kept the responsibility for old warranties but I don't remember the details. Absolutely and I'm sorry if I did not make that clear. Arbitrarily the new owner cannot just decide to stop honoring the warranty, it will be governed by the terms of the agreement/sale. The new owner may or may not have to honor the new warranty depending on the agreement. That will/was decided before the sale. If their, the new owners, acquisition does not require them to honor the warranty, I suspect that Sears will have to continue to honor the warranties up to that point. Sort of like a bank being sold and the banking company selling the bank saying the new owners don't have to pay the former bank's depositors? LOL! I suspect this did happen in the past, pre depression era time. But there are regulations that prevent this and in the case of default, FDIC. It's one thing when a company goes under, another thing entirely when a company sells it's interests. The purchasing company also assumes, by law, the liabilities and debts of that company and the warranty would be one such debt or liability. Yes, but the new owner does not necessarily have to assume the liability on past sales, know as the warranty. But some one does, and that may be a required acquisition of a third party insurance to cover that detail. Not necessarily. In a banruptcy, the assets may be sold off without selling the company itself and any liabilities killed with the business. It's not only the debtors that get screwed. The conversation is about the sale of Craftsman and the liabilities that go with it, not bankruptcy. Sure, if Sears continues to sell Craftsman tools, they'll have to honor their warranty. It doesn't transfer to Stanley, even if they use the "Craftsman" name (which one would suppose they will). They will, and so will Stanley. Something better than 90% of Stanley-Produced mechanics tools carry lifetime warrantees today. I meant, Stanley. My point is that it's highly unlikely that Stanley bought the "Craftsman" warranty liability from Sears. Sears is still on the hook for that, if it means anything at all. |
#57
Posted to rec.woodworking
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will they stand behind the tools still
On 1/16/2017 6:55 PM, Ed Pawlowski wrote:
On 1/16/2017 7:47 PM, Leon wrote: On 1/16/2017 6:40 PM, wrote: We had Thermofax. The school in 1973 had a spitit duplicator. Try copying the warranty off the label of a set of tools with that. You could take a picture. Mabee even a polaroid, which will have faded to un-readable by now. Make that spitit duplicater a SPIRIT duplicator. There's a difference? TIT and RIT ;!) But I never checked at a pair of RITS on a woman. Am I missing something? Yeah! Rots of stuff. ;~) |
#58
Posted to rec.woodworking
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will they stand behind the tools still
Electric Comet wrote:
On Mon, 16 Jan 2017 16:14:51 -0500 "dadiOH" wrote: They never made them. this deal just keeps getting better and better for sears but they sold more than the name they must be selling the designs and molds and any intellectual properties I'll bet if they knew how much interest there was, that they would post a copy of their contract here! ; ) Maybe the details are public (but Stanley, B&D is an closed foreign corp, right?) |
#59
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 19:55:23 -0500, Ed Pawlowski wrote:
On 1/16/2017 7:47 PM, Leon wrote: On 1/16/2017 6:40 PM, wrote: We had Thermofax. The school in 1973 had a spitit duplicator. Try copying the warranty off the label of a set of tools with that. You could take a picture. Mabee even a polaroid, which will have faded to un-readable by now. Make that spitit duplicater a SPIRIT duplicator. There's a difference? TIT and RIT ;!) But I never checked at a pair of RITS on a woman. Am I missing something? I initially typed SPITIT duplicator in place of SPIRIT duplicator |
#60
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 20:01:25 -0500, wrote:
On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. |
#61
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 21:58:14 -0500, Bill
wrote: Electric Comet wrote: On Mon, 16 Jan 2017 16:14:51 -0500 "dadiOH" wrote: They never made them. this deal just keeps getting better and better for sears but they sold more than the name they must be selling the designs and molds and any intellectual properties I doubt that Sears has any of the above. I'll bet if they knew how much interest there was, that they would post a copy of their contract here! ; ) Maybe the details are public (but Stanley, B&D is an closed foreign corp, right?) Sears isn't but your point is right on. |
#62
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 22:01:46 -0500, wrote:
On Mon, 16 Jan 2017 19:55:23 -0500, Ed Pawlowski wrote: On 1/16/2017 7:47 PM, Leon wrote: On 1/16/2017 6:40 PM, wrote: We had Thermofax. The school in 1973 had a spitit duplicator. Try copying the warranty off the label of a set of tools with that. You could take a picture. Mabee even a polaroid, which will have faded to un-readable by now. Make that spitit duplicater a SPIRIT duplicator. There's a difference? TIT and RIT ;!) But I never checked at a pair of RITS on a woman. Am I missing something? I initially typed SPITIT duplicator in place of SPIRIT duplicator Sure, but thread has taken a left turn (right into the gutter ;-). |
#63
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 22:03:41 -0500, wrote:
On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. |
#64
Posted to rec.woodworking
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will they stand behind the tools still
wrote:
On Mon, 16 Jan 2017 22:03:41 -0500, wrote: On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. I think from the perspective of most folks, and myself, "quality" has to do with how well a tool lives up to doing what it is supposed to do, without falling apart or breaking along the way. We don't really give a dern what the specifications say and price has little to do with the matter either. The tool either satisfies or it doesn't. Admittedly, I've got a couple of Craftsman tools that were disappointing, out of the box. |
#65
Posted to rec.woodworking
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will they stand behind the tools still
GE buys competition all of the time, take who/what is good and Promise
to upgrade, then several months later - sell the building materials off and scrap the building. They loose the purchase price, get some this and that and write off the costs. Martin On 1/15/2017 4:18 PM, Leon wrote: On 1/15/2017 3:20 PM, Bill wrote: Electric Comet wrote: birds of a feather flock together so now craftsman stanley and black decker will all become equally crappy but i wonder if the craftsman tools with lifetime guarantee will still be honored or will they just throw that out and go for complete mediocrity If you just spent 900 million on the company, what would you do? What you paid for a company has nothing to do with whether you honor old guarantees/warranties or not. You may or may not be obligated to honor those warranties. You are simply the new owner of the company, the company still has legal obligations. |
#66
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 22:26:31 -0500, wrote:
On Mon, 16 Jan 2017 22:03:41 -0500, wrote: On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. Sears gave the same specs to Danaher as they gave to Stanley - and Danaher undercut Stanley on price, getting the contract. The Danaher manufactured tools likely MEET the spec, but don't excede - while Stanley likely exceded the specs. Most of the Danaher production is off-shore - as is a fair amount of Stanley's production. |
#67
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 23:15:08 -0500, Bill
wrote: wrote: On Mon, 16 Jan 2017 22:03:41 -0500, wrote: On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. I think from the perspective of most folks, and myself, "quality" has to do with how well a tool lives up to doing what it is supposed to do, without falling apart or breaking along the way. We don't really give a dern what the specifications say and price has little to do with the matter either. The tool either satisfies or it doesn't. Admittedly, I've got a couple of Craftsman tools that were disappointing, out of the box. Some tools are poorly designed - others are poorly built - and some are both. The feel of a tool generally has to do with design - as (generally) does the look. How long or well it performs is more oftem how they are built, although design also comes into it. |
#68
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 21:58:14 -0500
Bill wrote: post a copy of their contract here! ; ) Maybe the details are public (but Stanley, B&D is an closed foreign corp, right?) dunno anything about them both are publically traded swk and shld so the info is out there |
#69
Posted to rec.woodworking
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will they stand behind the tools still
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#70
Posted to rec.woodworking
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will they stand behind the tools still
On Mon, 16 Jan 2017 23:15:08 -0500, Bill
wrote: wrote: On Mon, 16 Jan 2017 22:03:41 -0500, wrote: On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. I think from the perspective of most folks, and myself, "quality" has to do with how well a tool lives up to doing what it is supposed to do, without falling apart or breaking along the way. We don't really give a dern what the specifications say and price has little to do with the matter either. The tool either satisfies or it doesn't. Admittedly, I've got a couple of Craftsman tools that were disappointing, out of the box. There's a lot in that paragraph, but... The specification is what directs the manufacturer how to make the quality (or not so) tool. It has everything to do with its performance and durability. Of cost isn't your concern, I"m sure you have an all-green workshop, right? |
#71
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will they stand behind the tools still
On Mon, 16 Jan 2017 15:32:57 -0800, Electric Comet
wrote: they must be selling the designs and molds and any intellectual properties The molds would be made of sand and binder, so nothing to sell there. The patterns are limited in the number of molds you will make, not likely to economic the ship them any where. Nope all the Sears has to sell is the Craftsman name, they are already selling the wrenchs, rachets sets through Ace hardware and others. |
#72
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will they stand behind the tools still
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#73
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will they stand behind the tools still
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#74
Posted to rec.woodworking
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will they stand behind the tools still
wrote in message ... On Mon, 16 Jan 2017 22:26:31 -0500, wrote: On Mon, 16 Jan 2017 22:03:41 -0500, wrote: On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. Sears gave the same specs to Danaher as they gave to Stanley - and Stanley likely exceded the specs. Most of the Danaher production is off-shore - as is a fair amount of Stanley's production. According to the news story in the paper about the purchase, Stanley plans to add manufacturing capacity in the US for the Craftsman tools. |
#75
Posted to rec.woodworking
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will they stand behind the tools still
On Tue, 17 Jan 2017 15:56:19 -0500, "John S" wrote:
wrote in message ... On Mon, 16 Jan 2017 22:26:31 -0500, wrote: On Mon, 16 Jan 2017 22:03:41 -0500, wrote: On Mon, 16 Jan 2017 20:01:25 -0500, wrote: On Mon, 16 Jan 2017 16:12:10 -0500, wrote: On Mon, 16 Jan 2017 11:55:55 -0800, Electric Comet wrote: On Sun, 15 Jan 2017 16:20:58 -0500 Bill wrote: If you just spent 900 million on the company, what would you do? would not have paid that for the name which is all they did so i cannot enter the mindset of an idiot that paid 900 mil for the craftsman name it used to mean something a long time ago sears must be laughing their butt off and now they will continue to sell the tools and make more then they were making i am surprised they pulled it off because i did not think sears had a brain cell The Craftsman name is one of the most valuable brands in North America that Stanley did not already own. They didn't stand a chance of buing Snap-On and they already own or produce most of the rest. They produced Craftsman up untill at least the mid '90s so they know the market - - - - They CAN make a better Craftsman tool than Danaher has been making for the last roughly 20 years, as according to most users the pre-'95 Craftsman tools were better than the later ones.. "Can" isn't the issue. Sears offered the tools they thought would make them the most money. I don't see anything changing in that regard. IMO, the pre '80 (varied) hand tools were better than later tools. The power tools were always the pits. The rebadged ones were, in most cases, more expensive than their equivaents. The hand tools before 1995 were made BY STANLEY and they were better than the later tools, so STANLEY made Craftsman tools will likely be better quality tools than the latest Craftsman tools. I understood the logic but don't agree with it. To come to that conclusion you have to assume the quality is determned by who makes the tool and has nothing to do with specifications or the price points set by Sears. Sears gave the same specs to Danaher as they gave to Stanley - and Stanley likely exceded the specs. Most of the Danaher production is off-shore - as is a fair amount of Stanley's production. According to the news story in the paper about the purchase, Stanley plans to add manufacturing capacity in the US for the Craftsman tools. I suspect Craftsman will be one of Stanley's "premium" lines. - along with Proto and MAC |
#76
Posted to rec.woodworking
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will they stand behind the tools still
On Tue, 17 Jan 2017 14:39:48 -0500, Bill
wrote: wrote: Of cost isn't your concern, I"m sure you have an all-green workshop, right? To my mind, the green brand is a boutique item. Snap-On too. Craftsman is not. YMMV. So you're saying that cost does concern you. |
#77
Posted to rec.woodworking
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will they stand behind the tools still
wrote:
On Tue, 17 Jan 2017 14:39:48 -0500, Bill wrote: wrote: Of cost isn't your concern, I"m sure you have an all-green workshop, right? To my mind, the green brand is a boutique item. Snap-On too. Craftsman is not. YMMV. So you're saying that cost does concern you. I certainly did not say that, but I concede I have been loyal to the brand--as far as hand tools goes. I avoid buying tools at a lower level than Craftsman, even if it costs me a few bucks. Whether they charge me $15 or $20 for a wrench, I probably won't notice the difference--I'll be in a bigger hurry to get back to the reason I bought the wrench in the first place. At least they have a very nice selection...and tools I would never have thought of (and mostly don't need for the time being). I bought some ratchet extensions which "turn corners" not to long ago, just in case I ever need them. 1/4, 3/8, and 1/2" for about $15. If I die before I use them it will have been a waste of money! ; ) Does it concern me? Not the cost... |
#78
Posted to rec.woodworking
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will they stand behind the tools still
wrote in
: I suspect Craftsman will be one of Stanley's "premium" lines. - along with Proto and MAC If they position it at the same level as Kobalt, I think they'll really have something. Decent tools, decent price. All my screwdrivers are Kobalt (except for the 4 that are Craftsman), and I guard them! Precision Phillips aren't to be destroyed by guys who have been turning screws for years, go beat up your own screwdrivers! I hate the noise of a screwdriver bit slipping in a screw head. Shows the operator is screwy in the head. Puckdropper -- http://www.puckdroppersplace.us/rec.woodworking A mini archive of some of rec.woodworking's best and worst! |
#79
Posted to rec.woodworking
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will they stand behind the tools still
On Tue, 17 Jan 2017 22:49:29 -0500, Bill
wrote: wrote: On Tue, 17 Jan 2017 14:39:48 -0500, Bill wrote: wrote: Of cost isn't your concern, I"m sure you have an all-green workshop, right? To my mind, the green brand is a boutique item. Snap-On too. Craftsman is not. YMMV. So you're saying that cost does concern you. I certainly did not say that, but I concede I have been loyal to the brand--as far as hand tools goes. Now I'm totally confused. First you indicate that it doesn't matter, then it does, and now it doesn't again. Exactly what *are* you saying? I avoid buying tools at a lower level than Craftsman, even if it costs me a few bucks. Whether they charge me $15 or $20 for a wrench, I probably won't notice the difference--I'll be in a bigger hurry to get back to the reason I bought the wrench in the first place. At least they have a very nice selection...and tools I would never have thought of (and mostly don't need for the time being). I bought some ratchet extensions which "turn corners" not to long ago, just in case I ever need them. 1/4, 3/8, and 1/2" for about $15. If I die before I use them it will have been a waste of money! ; ) Does it concern me? Not the cost... I don't buy very many tools when I need them - too late, rather when I see one that may be useful. I may buy specialized plumbing tools when I have a job coming up but that's about it. Fasteners and such I keep stock of whatever I may need in the next year. I don't want to stop what I'm doing for the "lack of a nail". I don't buy much of anything at Sears anymore (just parts for my tractor), mainly because there are none around but also because HF wrenches are just as good and a whole lot cheaper and I was never a real big fan of any of their other tools (I do have some screwdrivers and a couple of hammers from 30 and 40 years back). It didn't used to be that way. For "expendibles" (I can't even count the number of wrenches I've lost in my lifetime) HF is plenty good. The cost of han tools matters some but a lot less with power tools. That may sound backwards but I'm done being stuck with with what I don't really want. Buying what I really want only hurts once and I can wait. |
#80
Posted to rec.woodworking
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will they stand behind the tools still
On 1/17/2017 11:46 PM, Puckdropper wrote:
wrote in : I suspect Craftsman will be one of Stanley's "premium" lines. - along with Proto and MAC If they position it at the same level as Kobalt, I think they'll really have something. Decent tools, decent price. All my screwdrivers are Kobalt (except for the 4 that are Craftsman), and I guard them! Precision Phillips aren't to be destroyed by guys who have been turning screws for years, go beat up your own screwdrivers! I hate the noise of a screwdriver bit slipping in a screw head. Shows the operator is screwy in the head. Puckdropper From what I understand Lowe's handles two levels of tools. Kobalt is the lower line and I forget the other brand. It is speculated they, Lowe's, might take on Craftsman and it will be the middle grade brand. I invested in Wera Screwdrivers, they have laser etched tips and really grab tightly, even the straight drive ones. I understand that the Craftsman diamond coated tips hold very well also. |
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