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Sears: The Chinese Employment Agency
#1
http://www.cnbc.com/id/49754903

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The shift at Sears [SHLD 62.51 0.67 (+1.08%) ] from a tool invented and manufactured in the United States to a very similar one made offshore has already led to a loss of American jobs and a brewing patent battle.

The story of the Bionic Wrench versus Craftsman, which bills itself as “America’s most trusted tool brand,” also raises questions about how much entrepreneurs and innovators, who rely on the country’s intellectual property laws, can protect themselves. For the little guy, court battles are inevitably time-consuming and costly, no matter the outcome.
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Mr. Roberts told the court that Sears had played down the value of his invention, paid him $10,000 for the rights, and then made tens of millions of dollars. He eventually received settlements of less than $10 million, according to news reports.

In another, more recent case led by Lee Grossman, Mr. Brown’s lawyer, a judge awarded $25 million to the maker of a tool called the Rotozip who said he had disclosed trade secrets to Sears in an attempt to get the store to carry a new version of the tool.

Sears, a jury decided, took the trade secrets and had the tool made abroad for Craftsman.

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The company that makes the Max Axess wrench and other tools for Craftsman, the Apex Tool Group, is being acquired by Bain Capital, the company founded by Mitt Romney, in a $1.6 billion deal.

The Bionic Wrench by the way is manufactured in Pennsylvania.
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#2
I have not bought a single craftsman tool since they started making them in China. It's been years since i bought one.

I still have thousands of dollars worth of 80s-90s era US made Craftsman tools.
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#3
Valorius;40429 Wrote:I have not bought a single craftsman tool since they started making them in China. It's been years since i bought one.

I still have thousands of dollars worth of 80s-90s era US made Craftsman tools.

The problem with that is, when you break a socket or wrench, it will be replaced with a chinese made tool. Dont use a standard socket on an impact gun like i do...Wink
Shrug Ive got my eyes on you
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#4
Wow Sears' PR+Legal team is up on the weekends. They sent me this after I pushed the CNBC article to Twitter...

[Image: 10fdm9t.png]
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#5
ArcticSplash;40447 Wrote:Wow Sears' PR+Legal team is up on the weekends. They sent me this after I pushed the CNBC article to Twitter...

[Image: 10fdm9t.png]

So their saying they dont make chinese tools?
Shrug Ive got my eyes on you
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#6
bogey1;40444 Wrote:
Valorius;40429 Wrote:I have not bought a single craftsman tool since they started making them in China. It's been years since i bought one.

I still have thousands of dollars worth of 80s-90s era US made Craftsman tools.

The problem with that is, when you break a socket or wrench, it will be replaced with a chinese made tool. Dont use a standard socket on an impact gun like i do...Wink

I just got a letter from Sears this weekend that my 33gallon air compressor has a safety recall. Should be interesting trying to get that resolved.
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#7
streaker69;40568 Wrote:
bogey1;40444 Wrote:The problem with that is, when you break a socket or wrench, it will be replaced with a chinese made tool. Dont use a standard socket on an impact gun like i do...Wink

I just got a letter from Sears this weekend that my 33gallon air compressor has a safety recall. Should be interesting trying to get that resolved.

keep us posted..
Shrug Ive got my eyes on you
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#8
I don't buy new Craftsaman tools so I could care less, however it sounds like the Roberts guy was just a dumbass for selling his rights so cheaply and the Rotozip guy was as well for divulging information in an attempt to make a buck.

Play stupid games...
Some people need to read this book: http://www.amazon.com/dp/1936976021/ref=cm_sw_r_awd_bs5jwbZH1GAZF

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#9
Most of their hand tools, such as wrenches and sockets, are still made in America.

However, assuming that won't be, eventually, what other choice is there? As far as I can tell, even Snap On is made in China.

Jstin
[Image: pafoasig.png]
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#10
JustinHEMI;40597 Wrote:Most of their hand tools, such as wrenches and sockets, are still made in America.

However, assuming that won't be, eventually, what other choice is there? As far as I can tell, even Snap On is made in China.

Jstin
I haven't bought any new Snap-On tools in a couple years, but I'm pretty sure all the hand tools are still made in the US.
Blue Point branded ones may not be and their power tools are imports, at least the ones I have are.

Pretty sure all the boxes are as well.


I only have been buying older tools as of late when i come across them, I'm pretty much set with what I need.
I recently picked up a couple sets of Bonney Wrenches, good stuff.
Some people need to read this book: http://www.amazon.com/dp/1936976021/ref=cm_sw_r_awd_bs5jwbZH1GAZF

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