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Category Archives: News
New SK Hand Tools Facility is Under Construction
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.
Posted in Hand Tools, News
Tagged Ideal Industries, SK Hand Tools, SK-Ideal Purchase
4 Comments | September 29th, 2010
First Craftsman Experience Store Opens in Chicago
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 … Continue reading
It’s Official – Ideal Industries Purchases SK Hand Tools!
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 … Continue reading
Posted in Made in USA, News
Tagged Ideal, SK Hand Tools, SK-Ideal Purchase
14 Comments | August 23rd, 2010
SK Files for Sale to Ideal Industries
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 … Continue reading
Posted in Made in USA, Mechanics' Tools, News
Tagged Ideal Industries, SK Hand Tools, SK-Ideal Purchase
4 Comments | July 14th, 2010
SK Hand Tools Declares Bankruptcy!!
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 … Continue reading
Posted in Made in USA, News
Tagged Ideal Industries, Pratt-Read, SK Hand Tools, SK-Ideal Purchase, Western Forge
3 Comments | June 29th, 2010
Update About Home Depot Patent Infringement Suit
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 … Continue reading
Home Depot Duplicates Invention, Loses $25M Lawsuit
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 … Continue reading
Sears Blue Tool Crew to Offer Hitachi Power Tools
Sears Blue Tool Crew just announced that Hitachi power tools will be added to their product catalog. From the sounds of it, there will be some heavy sales to promote the Hitachi brand at Sears as Father’s Day approaches.
Yet Another Table Saw Safety Lawsuit
Breaking News: Man buys $600 saw, injures self, sues over lack of features included in $1600 saw. Although you cannot see it, I am rolling my eyes and sighing dramatically. Following a recent lawsuit where an injured man won a … Continue reading
Stanley Black & Decker Merger Complete
The anticipated merger between Stanley and Black & Decker was finalized about two weeks on 3/12. I don’t think that the new company will start joint branding their existing product lineup, at least not anytime soon, but one thing is … Continue reading
Craftsman Rewards Program Major Changes
Well, it appears that the Craftsman Rewards Program is undergoing major changes as it is absorbed into the Sears Shop Your Way rewards program. This is both good and bad, depending on how you look at it.
Update and Comments About Craftsman Tools at Ace Hardware
There are a few updated details about the new partnership between Sears, Craftsman, and Ace Hardware that we thought you would find interesting. That, and we cannot keep our thoughts about this to ourselves for any longer.
Sears to Sell Craftsman Tools at Ace Hardware
To help improve sales, Sears has agreed to sell Craftsman branded tools through Ace Hardware. Early reports are saying that the partnership will start with 100 Ace stores carrying about 10% of the Craftsman product line by May. It has not … Continue reading
Gearwrench Tool Wall at Advance Auto Parts
I stopped by Advance Auto the other day and noticed a rather prominent and huge Gearwrench tool display. Screwdrivers, sockets, pliers, ratchets and adapters, sets, oh my! I believe I also saw a “Danaher Tools” banner in a corner of the store window as … Continue reading
USS New York Arrives in NYC
The USS New York has arrived in NYC and is awaiting her commissioning ceremony on the 7th. Public visitation of the ship is permitted on the following dates and times: Wed Nov 4th: 10am-4pm Thurs Nov 5th: 1pm-4pm Sun Nov … Continue reading









