Craftsman Warranty

[Bill G]

150-Year-Old Vaughan Plant Closing after Nixed Buyout

Local media cited financial troubles leading to buyer backing out of purchasing the hand tool maker's Bushnell, IL plant.

www.mdm.com

I remember the sounds of this plant very well.

 

[Bill G]

My ‘new’ Craftsman, replacement socket looks identical to a ‘DeWalt’ (slso owned by Stanley) socket I saw.

Both made in Taiwan.

Philbert

The big box farm store here sells "Craftsman". A couple years ago I had a Craftsman 8 inch crescent wrench wrench that I could not get to adjust worth a damn. I tried several different things with no success. I took it to the box store and asked if they got ored the lifetime warranty. The nice woman at the service counter told me to get either a Craftsman or DeWalt and they would honor it. When I went to checkout the young kid wanted to give me the old one back. I could have been dishonest and took it with me and had one of my sons exchange it again but I didn't

 

[OnlyStihl]

Buy quality. I've socket sets now over 40 years old, and they get used a lot. Amazing, cause sometimes I will use my old regular Husky sockets with the impact driver cause I'm to lazy to get up and get a proper impact socket.

 

[Bill G]

I remember when something 40 years old seemed ancient. Today 40 years old was yesterday......1986.

 

[Wilhelm]

It is the stock market that skyrockets product prices and causes production cost cuts to make the shareholders happy!
And CEO paychecks and bonuses, obviously.

The rich won't ever have enough, and the working class isn't unanimous enough to fight their greed.

 

[Bill G]

I would still like to hear from someone that worked in the US auto, agriculture, or construction equipment manufacturing business om the 1970's and 1980's

 

[OnlyStihl]

It is the stock market that skyrockets product prices and causes production cost cuts to make the shareholders happy!
And CEO paychecks and bonuses, obviously.

The rich won't ever have enough, and the working class isn't unanimous enough to fight their greed.

I watch a video the other day on the history of Ford. Henry Ford was pro-workers and was helping to make their lives better at the expense of the company's profits. Shareholders and investors sued Ford and Henry and it went all the way to the Supreme Court. The court ruled in favor of the shareholders, and in summary "making lives better for employees is good, but a company's No. 1 is to make a profit, i.e. money".

Therefore: Greed is the Law. So, say it the highest court in the land.

 

[Philbert]

Henry Ford was pro-workers

Only to a point . . .

Ford realized that he needed to pay a rate that would attract good workers ($5/day) and allow them to buy his products. Eventually, he was a leader in the 40 hour work week.

But he was a S.O.B. in many other ways, including his ‘Service Department’, and the use of violent thugs to quash union activities.

Example:

Battle of the Overpass - Wikipedia

en.wikipedia.org

Philbert

 

[Bill G]

Only to a point . . .

Ford realized that he needed to pay a rate that would attract good workers ($5/day)....................

What year was that?

 

[bwalker]

I would still like to hear from someone that worked in the US auto, agriculture, or construction equipment manufacturing business om the 1970's and 1980's

My entire family worked in the auto industry, including myself. I didnt start until the 90's though.

 

[Wilhelm]

I watch a video the other day on the history of Ford. Henry Ford was pro-workers and was helping to make their lives better at the expense of the company's profits. Shareholders and investors sued Ford and Henry and it went all the way to the Supreme Court. The court ruled in favor of the shareholders, and in summary "making lives better for employees is good, but a company's No. 1 is to make a profit, i.e. money".

Therefore: Greed is the Law. So, say it the highest court in the land.

Lawyers are worse than shareholders as they get paid no matter the outcome, but they get paid more when the outcome favors their client!

 

[Bill G]

My entire family worked in the auto industry, including myself. I didnt start until the 90's though.

What year and for what company in what capacity? I believe I remember you saying you worked for the oil industry not auto.