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.
For the past few years, tool manufacturers have been making cordless tools possible that no one thought could be done. We now have battery powered table saws, 12” miter saws, even battery powered pipe threaders. But one thing that no one has done yet, until now, is a battery powered worm drive circular saw.
If you are looking for the right scaffolding for your construction project, you will need to consider the choice of scaffolding available to you. However, there is one type of scaffolding that is chosen for a number of different projects because of the benefits that come with it. This kind of scaffolding is Mobile Scaffolding and regardless of whether you are working on a roof or working on the brickwork of a building, they are often a great choice.
For years, Milwaukee has made it very clear that they will continue to keep their M18 platform as their core system. Cordless tool users spend a ton of money into batteries these days, and the company’s goal is to not force them into investing into a new cordless system. That means that Milwaukee has to come up with innovative ways to provide the tools users want while being limited to 18 volts.
In 2015, Milwaukee announced the release of their digital tool tracking platform: ONE-KEY. The company has since released dozens of ONE-KEY enabled tools to manage them using Bluetooth, an inventory management system, and tool reporting functionality. Yesterday, the company announced several enhancements to the platforms inventory and reporting interfaces.
The team at Tool Box Buzz (TBB) is at it again with another super comprehensive tool comparison video and, this time, their focus is on 4-1/2” to 6” angle grinders.
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.