Re: CRAFTSMAN TOOLS

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Posted by Farmer Dan on December 19, 2018 at 11:35:24 [URL] [DELETE] :

In Reply to: CRAFTSMAN TOOLS posted by Tim Daley(MI) on December 19, 2018 at 09:42:34:

I think you can buy them most anywhere now, even Ace hardware

Wikipedia:

On January 5, 2017, Stanley Black & Decker announced its intent to acquire the Craftsman brand in a deal with a total value of $900 million (with an up-front payment of $525 million, and a payment of $250 million after three years). Sears will hold a royalty-free license to the Craftsman brand for a 15-year period after the completion of the sale, and will receive a royalty on all new Craftsman sales over this period. Afterwards, Sears will pay Stanley Black & Decker a 3% licensing fee.[15] The deal was closed on March 9, 2017.[16] Sears maintains the right to manufacture and sell tools using existing supply channels under the Craftsman name for 15 years.[17]


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