No, Craftsman tools have not gone out of business. Craftsman is a brand of tools and equipment owned by Stanley Black & Decker, who purchased it from Sears Holdings in 2017. The Craftsman brand is still selling its full selection of tools and equipment through physical retailers, online stores, and on the official Craftsman website.
The quality and reliability of Craftsman tools remain the same, as Stanley Black & Decker continues to invest in product development to ensure quality craftsmanship. So while the ownership and distribution of Craftsman products may have changed, the brand’s commitment to quality has not.
What happened to the Craftsman brand?
The Craftsman brand was created by Sears in 1927 as a line of tools made to be reliable and durable. However, in 2017 the brand was sold by Sears to Stanley Black & Decker for $900 million in a cash acquisition.
While products still can be purchased from the Craftsman brand, with a few exceptions, the company is no longer registered with the US Patent and Trademark Office. Because of this, other brands may produce tools and products with the “Craftsman” name, though Sears retains the exclusive rights to use the Craftsman brand in its stores.
Although the Sears holding company still has a long history of producing reliable products, these are generally not sold under the Craftsman brand, but rather the DieHard or Kenmore label. Even so, a number of Craftsman-branded products are still made and sold today, including power tools, tool storage solutions, hand tools, and a slew of accessories.
Who makes Craftsman tools now?
The Craftsman brand is now owned and operated by Stanley Black & Decker. In 2017, Stanley Black & Decker acquired the Craftsman brand from Sears Holdings, which had previously owned and operated the brand since 1927.
Since being acquired by Stanley Black & Decker, the Craftsman brand has been modernized and updated with a range of new tools, including products in the Core, Pro and Exclusives lines. The Core line includes the essentials for DIY work, the Pro line is designed for those who use their tools on a daily basis in the garage or out in the field, and the Exclusives line offers limited edition products.
All Craftsman products are designed and manufactured with the craftsmanship and attention to detail customers expect from the brand.
Is there a lifetime warranty on Craftsman tools?
No, there is not a lifetime warranty on Craftsman tools. The Craftsman warranty only covers any defects in material or workmanship for one year from the date of purchase. This means any repair or replacement due to a defect in material or workmanship of your tool is free of charge during this time.
However, even if a repair or replacement is covered, an applicable service fee may still be charged. It’s also important to note that the Craftsman warranty does not cover products which have been abused or used for any other purpose than that intended by the manufacturer.
Who took over Craftsman warranty?
In March 2017, Stanley Black & Decker acquired Craftsman from Sears Holdings (previously Kmart and Sears, Roebuck and Co). As part of the agreement, Stanley Black & Decker was granted the right to manufacture and sell Craftsman products worldwide, and Sears would continue to offer Craftsman products exclusively through its retail locations.
Under Stanley Black & Decker’s ownership, Craftsman continues to honor its longstanding warranties. Tools purchased on or after March 1, 2017 remain eligible for the Craftsman’s Forever Guarantee, which provides a full refund for Craftsman tools for up to one year from the date of purchase.
While warranties for prior purchases of Craftsman tools remain with Sears, customers must register with Stanley Black & Decker to take advantage of the Forever Guarantee and other warranty options.
Where are Craftsman Tools currently made?
Craftsman tools are currently manufactured by Stanley Black & Decker. They are made at various locations around the world, including the United States, Canada, Mexico, China, and Taiwan. The majority of Craftsman tools sold in the United States are produced in O’Fallon, Missouri, while the majority of Craftsman hand tools sold in Canada are produced in their facility in Marysville, Ontario.
Craftsman power tool products sold in Canada are mostly produced in the United States. Craftsman products sold in Mexico are produced in two factories located in Matamoros and Acuña, Mexico. Craftsman tools made in China and Taiwan are primarily used outside of North America.
However, some Craftsman products manufactured in China and Taiwan may be found in North American stores.
Is Craftsman Lowes or Home Depot?
Craftsman is a brand owned by Lowe’s, a chain of home improvement and construction stores. Although Lowe’s and Home Depot are both home improvement stores, Craftsman is not available in Home Depot stores.
Lowe’s took over the Craftsman brand in 2017 from Sears, and since then, has offered Craftsman products exclusively in Lowe’s stores.
Craftsman produces a wide range of products, from tools and hardware to lawn and gardening products. These products are all sold exclusively in Lowe’s stores and online.
At Lowe’s, shoppers can find everything from Craftsman hand tools and basic power tools to more specialized tools, such as air compressors, weed trimmers, and air impact wrench kits. The Craftsman lawn and garden section also offers mowers and trimmers, as well as snow blowers and chainsaws, ideal for a variety of projects.
Is Kobalt owned by Lowe’s?
No, Kobalt is not owned by Lowe’s. Kobalt is a tool brand owned by the Stanley Black & Decker Corporation, a Delaware-based company which was created in 2010 through the merger of Stanley Works and Black & Decker.
Lowe’s is a retail chain headquartered in Mooresville, North Carolina. Lowe’s does, however, sell Kobalt products, as well as products from other tool brands like Craftsman, DeWalt, and Milwaukee.
Is Lowe’s owned by Walmart?
No, Lowe’s is not owned by Walmart. Lowe’s is a home improvement and appliance retailer based in North Carolina and is publicly traded on the New York Stock Exchange. The company was founded in 1946 and is the second largest retailer of its type in the United States.
Walmart is a mega-retailer based in Arkansas and is also publicly traded on the New York Stock Exchange. Walmart was founded in 1962 and is the largest retailer in the United States. Walmart does not currently own any stakes in Lowe’s.
Who builds Milwaukee tools?
Milwaukee Tools are built by Milwaukee Tool, a manufacturer of power tools and accessories. Founded in 1924, the company is headquartered in Brookfield, Wisconsin and has locations in USA, Canada, Mexico, and Europe.
The brand has become known for its durability and performance, with many professional tradespeople relying on it for their work. Milwaukee Tool makes a wide range of products, including drills, drivers, saws, sanders, rotary hammers, grinders, and more.
Additionally, compatible accessories are available for each product, such as bits, blades, and drilling heads. Every product is designed and built to provide long-lasting performance, while their RedLithium battery packs are specifically designed to provide greater power and runtime.
Who bought out Craftsman?
In 2017, Stanley Black & Decker, Inc. purchased Craftsman from Sears Holdings for approximately $900 million. The transaction was completed in March of 2018 and changed the Craftsman brand from a house brand to a nationally-selling standalone brand.
Craftsman tools are now available in more than 11,000 retail stores and also online. Since the acquisition, Stanley Black & Decker has continued to expand the Craftsman brand and invested in new products and marketing campaigns.
In 2018, the company announced a new line of Craftsman Pro Series tools that were designed and manufactured in the United States. Additionally, the company has partnered with NASCAR, launched a Tool School workshop series, and launched a new e-commerce website.
Will Craftsman Be made in USA again?
At this time, Craftsman products are not currently made in the USA. The majority of Craftsman tools are now manufactured in China and other countries outside of the United States. However, there are still some Craftsman tools and products that are made in the USA.
The Craftsman website provides a helpful “Made in the USA” filter on the product page so customers may easily identify those products that are made in the United States.
Unfortunately, it is unclear whether or not Craftsman tools will be made in the USA again in the near future. Despite ongoing negotiations, the rights to the Craftsman brand were sold to Stanley Black & Decker in 2017, allowing Stanley Black & Decker to largely control the manufacturing process for all Craftsman products.
Therefore, it is difficult to predict if or when Craftsman tools will again be made in the USA.
Overall, the majority of Craftsman tools and products presently on the market are manufactured overseas. The Craftsman website provides customers with a helpful filter to easily identify and purchase those few products that are made in the United States.
It remains uncertain whether more Craftsman tools and products will be made in the USA in the future.
Where can I buy Craftsman tools after Sears closes?
Craftsman tools can now be found at multiple retailers both in-store and online since Sears closed its doors. Home Depot and Lowe’s both offer a selection of Craftsman tools as well as other hardware stores.
There are also multiple other online retailers such as Amazon, Walmart, Target and eBay that carry Craftsman tools. Additionally, many of the original Craftsman tools and parts can still be found on the Craftsman website and can be purchased directly from them.
