Buzz from Chris Elsworthy, designer of the Power8 Workshop, is that the cordless multi-tool workstation is currently being refreshed with Li-Ion PowerHandles and a new smart charger. The revised model is due to hit store shelves soon, and may include additional upgrades. I wrote about the Power8’s design before, and while I don’t think it looks too good on paper, user reviews seem […]
Popular Woodworking has reported that Stanley Black & Decker is set to sell its Delta brand to TOTY, a Taiwanese company that currently produces many benchtop power tools for Black & Decker, Craftsman, and Ryobi. The new company, Delta Power Equipment, will be run by Bryan Whiffen, who is currently listed as a senior VP for […]
Entrepreneur Magazine recently placed Matco and Snap-on high in their 2011 Franchise 500 Rankings. Matco earned itself the #19 spot, with Snap-on not too far away at position #25. According to a recent Matco press release, franchisors are judged by an independent auditor according to a set of objective criteria such as financial strength and […]
Bosch’s new System Specialist (BSS) program is being launched at Ohio Power Tool and 19 other small tool dealers around the country. The BSS program is about new product introductions, smart retail layouts, loaner tools, certified repairs, and so much more. You can read more about this new initiative at Coptool and HCI, and check […]
An older model Ryobi cordless drill has just been recalled. Sold at Home Depot from January 2001 to July 2003, drill model HP 1802M is being recalled due to a flawed switch that can potantially overheat causing a fire and burn hazard. If you have a drill that looks like the one shown above with […]
We’re told that Perceptron and Bosch have entered into a partnership to jointly develop new optical inspection devices. Perceptron is known for their non-contact measurement and inspection solutions, and as you should already know Bosch is a strong competitor in the power tool market. Details are very vague at this point, but it looks like […]
Ideal/SK Hand Tool posted new warranty information on their website. As expected, it states that they are not obligated to fulfill warranty requests but will do so anyways starting in March. At that time you can bring your warranty claims to a local SK distributor at no charge, or mail them to SK along with […]
We have heard additional word about some of Ideal’s short-term plans for SK Hand Tools. As you may recall, Ideal recently purchased SK Hand Tools after their bankruptcy, and has been working to revitalize the brand.
Ideal Industries purchased the bankrupt SK Hand Tools last month, but at the time it was uncertain where the tools would be manufactured. Construction on a new facility has since began at Sycamore, IL.
The first ever Craftsman Experience store opened this evening in Chicago. Designed to be a DIY and enthusiast haven, the Craftsman Experience will feature Craftsman tools as far as the eye can see, with most if not all tools available for hands-on demos. There will be a workshop and space for projects, how-to clinics, demonstrations, restorations, […]
Official word just came out that Ideal Industries has entered into a definitive agreement to purchase certain assets of SK Hand Tools. The headline of the press release is also very reassuring: Ideal expands its commitment to its Made in America mission by keeping manufacuring of iconic tool brand in the United States. This may […]
If you recall, SK Hand Tools recently declared bankruptcy. It was rumored that Ideal Industries would make a bid to buy the debt-stricken hand tool manufacturer. This rumor has turned out to be true, although the sale has not yet been finalized
It’s official, SK Hand Tools has declared bankruptcy. Rumor of the bankruptcy was relayed by a GarageJournal forum member, and then confirmed by another after receiving an email from an SK distributor. It is also rumored that Ideal Industrials, who recently acquired Pratt-Read and Western Forge, is interested in buying up the company. We have our fingers crossed. If […]
Yesterday we mentioned a judgement against Home Depot for copying a patented saw design that they refused to pay the inventor for. I searched for additional information about this online, but without pulling the court documents, we have no choice but to rely on secondary sources. After scouring the web a bit, a few additional […]
Just saw this on the Consumerist – Home Depot lost a lawsuit and was ordered to pay $25 million for copying a saw guard invention that it refused to buy for use in its stores. Home Depot Called Arrogant and Ordered to Pay Inventor Millions