Craftsman's $90M 'Made in USA' manufacturing plan FLOPS
In March of this year, just three and a half years after breaking ground on the 45,000 square foot factory, the company announced it was closing the plant.
www.dailymail.co.uk
Stanley had predicted the factory would make 60 million tools annually, but ex-employees said in the weeks after the shutdown that they weren’t sure if anything had made it to store shelves.
Even the guys who really know how to make tools, Malco Eagle Grip (the old Vise Grip tools) failed to succeed at USA production.
You can still purchase these superbVice Gripslocking pliers on Amazon, so there is that.
I love the Malco locking pliers.Even the guys who really know how to make tools, Malco Eagle Grip (the old Vise Grip tools) failed to succeed at USA production.
You can still purchase these superb Vise Grips on Amazon, so there is that.
WSJ had a similar article. Great intentions. $90 million invested.Craftsman's $90M 'Made in USA' manufacturing plan FLOPS
In March of this year, just three and a half years after breaking ground on the 45,000 square foot factory, the company announced it was closing the plant.www.dailymail.co.uk