Sears' iconic brand, Craftsman, is leaving the mothership and being bought by Stanley Black & Decker for around $900 million. This announcement comes on the heals of Sears planning to close 150 Sears and Kmart stores nationwide this year. The deal for the 89-year-old Craftsman brand allows Stanley Black & Decker to manufacture and sell Craftsman products in non-Sears stores. Sears will also continue to sell the Craftsman brand in its dwindling retail stores.
Stanley Black & Decker CEO James Loree in a statement said "We intend to invest in the brand and rapidly increase sales through these new channels, including retail, industrial, mobile and online. To accommodate the future growth of Craftsman, we intend to expand our manufacturing footprint in the U.S. This will add jobs in the U.S., where we have increased our manufacturing headcount by 40 percent in the past three years."
We love to hear about jobs being created, but it is still yet to be seen how many jobs will be lost from Sears due to the selling of Craftsman and what happens to those Lifetime Warranties. One of the major selling points of Craftsman is the lifetime warranties and quality that the tools offer. or used to offer. Stanley Black & Decker already owns and operates DeWalt, Porter Cable, Mac Tools, and some others, so it will be interesting to see how all the brands will play nice with each other after another tool icon joins the ranks.
Craftsman has been dabbling in more technologically advanced tools recently, even exhibiting a Bluetooth riding lawnmower and a Bluetooth smart lock tool storage chest at CES 2017, according to CNET. The new Craftsman smartphone app will connect to the mower to allow the user to track maintenance concerns and allows the user to search for and order replacement parts. The app will also be able to lock and unlock the smart tool chest if you'r in Bluetooth range. Users can still use a key to lock and unlock the chest, but it shows the brand is still attempting to innovate.
OSHA's new crystalline silica dust exposure regulations officially went into effect on September 23, 2017. Over the past 10 months, there has been plenty of confusion about the lung disease causing material. In the first 6 months after the effective date, OSHA's inspectors yielded 116 violations across the country.
Proper lighting is one of the most overlooked things on a construction site. Sure, most sites have some overhead lighting, but with a minimum of only 5 loot candles required by OSHA in general construction areas, there’s a lot left to be desired. Milwaukee Tool is, by far, the leader in the construction lighting category based on shear volume and quality of their lighting solutions.
Each year, Milwaukee Tool invites members of the media to join them at their annual New Product Symposium (NPS). At NPS, the company shows off most of the new tools they will release throughout the year and shares their most exciting news. At last year’s event, Milwaukee previewed that big things were planned for the 2018 show.
Did they deliver? We were in attendance at NPS 2018 just a couple weeks ago to find out. Below are the what we thought were the 7 biggest storylines of the even...
Last week, Milwaukee Tool hosted their annual media event, the New Product Symposium (NPS), at which they offer sneak peaks of all of the new tools they’ll be releasing throughout the year. The biggest news of the show was the release of their new M18 12.0Ah battery, which uses new 21700 cells and is more powerful and efficient.
In the ever evolving power struggle for the major tool manufacturers, converting users to their personal cordless battery powered platform is paramount. With new battery technology hitting the market, we’ve seen tools that we never imagined would ever be able to be run off of a battery platform even outperform their corded version. DeWalt has recently made another huge advancement in battery technology with the announcement of a new 12.0Ah battery.
Construction workers rely on power tools to do their jobs every day. Working with power tools is also inherently dangerous, but compounding that risk with a manufacturers defect could be a recipe for disaster. Product recalls on tools, thankfully, don’t happen very often, but it’s extremely important to find out about them before you put yourself at risk for potential injury.
Avenger Work Boots, by Footwear Specialties International (FSI), was a brand that I was previously unfamiliar with until the company reached out to me to do a review of their product. The Avenger brand is FSI's outdoor construction work boot category, which they say focuses of extreme affordability, high quality, and comfortability. When asked what differentiated the brand from other manufacturers, FSI told me that their boots "come with more features and benefits for the dollar, than any other shoe."
Over the years, the World of Concrete has become one of the premier construction events across the country. The name may make you think it’s strictly related to concrete, but the truth is that anyone in the industry can find value in attending the massive event. Each year, the Most Innovative Products featured at the World of Concrete are chosen and Hanley Wood, a construction information and marketing company, recently announced the winners.
Caterpillar, a company known for their rugged heavy construction equipment, made headlines in the construction technology world in 2016 when they released the first ever smartphone with a built-in thermal imaging camera, the CAT S60. The company announced on Thursday that its ultra-rugged flagship smartphone would be getting an upgrade with the upcoming release of the new CAT S61.