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Craftsman is a tool brand owned by Stanley Black & Decker, formerly a house brand of Sears. Learn about its origins, quality tiers, customer loyalty program, and how it is made by different manufacturers over the years.
MTD Holdings is an American subsidiary of Stanley Black & Decker that produces lawn and garden equipment, bicycles, and other products. It was founded in 1932 and has acquired several brands such as Cub Cadet, Troy-Bilt, Craftsman, and Remington.
Easco Hand Tools was an American manufacturer of hand tools, best known for supplying Craftsman brand. It was acquired by Danaher Corporation in 1990 and later merged with Cooper Tools to form Apex Tool Group.
2017: On January 5, news reports indicated that it would acquire the Craftsman brand from KCD, LLC (a Sears Holdings subsidiary). [25] Subsequent reports by Bloomberg indicated that the company would pay $525 million initially, an additional $250 million after three years, as well as annual payments on new Craftsman sales for 15 years. [26]
Western Forge was a subsidiary of Ideal Industries that produced screwdrivers, wrenches, pliers and other tools for brands like Craftsman and Husky. It closed in 2020 after losing a contract with Sears and facing competition from Asian suppliers.
SK Hand Tools is a tool company that sells sockets, wrenches, air tools and more. It was founded in Chicago in the 1900s and invented the round-head ratchet wrench in 1933.
Chamberlain Group is a subsidiary of Blackstone that designs and engineers perimeter access products, such as garage door openers and security cameras. It also distributes Controlled Products Systems Group, the largest wholesale distributor of perimeter access control equipment in the US.
Husky is a line of hand tools, pneumatic tools, and tool storage products owned by The Home Depot. It was founded in 1924 and has changed hands several times before becoming the exclusive house brand of The Home Depot in 1992.
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