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.
Summer is officially upon us and beating the heat will keep you healthy and productive. There are many summer dangers on construction sites, but OSHA maintains that water, rest, and shade are the most important factors to avoiding heat illness. Here are a few products to help keep you and hydrated on your jobsites this summer.
Last week, Milwaukee Tool hosted dozens of construction media representatives at their headquarters for their yearly New Product Symposium (NPS). Over 100 new products were announced in the one day event and Construction Junkie was there to catch a glimpse of what is to come from the red brand over the next year.
Father’s Day 2019 is June 16, so you better get started on gift ideas if you want to impress dad this year. Whether your father is contractor, handyman, or DIYer, we’ve got a lot of great ideas for him this year.
One of the most highly used and versatile pieces of equipment on any construction site is a compact loader, also known as a skid steer, or by the name of one of its common manufacturers, “Bobcat.”
Late last year, CAT Phones released their first ever smartphone on a US carrier network, the S48c. The phone is currently available on both the Sprint and Verizon Networks and I was recently able to test out the phone to get some better insight into how it operates. Overall, it offers the toughness to hold up to a jobsite at a reasonable price, but continue reading to hear about all of the details.
It seems weird to be talking about new step ladder designs. Other than moving from wood to aluminum to fiberglass, the form and function of a stepladder hasn’t really ever changed. One of the biggest opportunities has always been the gap between how step ladders were designed to be used as opposed to how people actually use them. 3 major manufacturers now have a solution to at least some of those problems.
The World of Concrete is a massive industry event hosted annually at the Las Vegas Convention Center. For those who have never been, it’s an endless sea of exhibitor booths, training sessions, and even a bricklaying competition. Every Year, Concrete Construction Magazine organizes a Most Innovative Product competition for many of the new products that are highlighted at the show.
When it comes to head to head tool battles, I can’t think of anyone that does a more comprehensive job than the team over at Tool Box Buzz. In the past, the TBB Crew has tackled in-depth comparisons ½” cordless hammer drills, portable jobsite table saws, and tape measures, among several others. Most recently, the team compared 8 different benchtop thickness planers in a variety of tests and determined the overall winner.
Having an inflator can be a real lifesaver in any car or truck, you’ll never know when you’ll need it, but you’ll be happy you have it when you do. Since I’ve been driving, I’ve kept a 12V DC corded inflator in my trunk, which has saved me a tow several times. Recently, several major tool manufacturers have released their own versions of inflators and DeWalt is one of them.
Welcome to the first edition of Tool Junkie, which will be a regularly occurring feature on Construction Junkie in 2019. It’s important for everyone in the construction industry to keep up with new tool developments, from the trades to those in charge of purchasing. Our goal is to better highlight noteworthy tools throughout the year. We’ll start with a familiar brand to our readers: Milwaukee Tool.