[/quote]
FWIW...The only manufacturing group that is vertically integrated is the mechanical watch industry. Rolex in particular, which means each and every part is produced in-house so that they have total control over every part that hits the production floor. This is an extremely costly process and thus why 99% of the manufacturing facilities do not follow this example.
[/quote]
Don't forget Grand Seiko, even more in-house than Rolex, down to producing their own lubricants and ink to print their manuals. But in any event, highly vertical integration only works on either a massive scale or very high margin items like Veblen goods. Rolex is somewhat both since they produce more mechanical watches than any other manufactrer (save possibly the Chines cheapy market) and GS is most likely a halo product sold at very low or no margin. The higher end watches can't support this level of vertical integration.
Honestly, if it weren't for the "motor issue" I would probably own a Kapex but not making a living with it and mainly using a CSMS to break down lumber it would be a mere luxury, while not against that sort of thing in my shop the niggling of a potential motor meltdown keeps me from replacing my Milwaukee when the Kapex can't do the jobs I ask of a CSMS any better. Now if I made a living with it making precision cuts on site I think I would probably roll the dice, just the difference in weight hauling it in and out would be enough to pay the roughly 50 cents a work day over the course of the 3 year warranty.