score0matic
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- Jun 7, 2008
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Here is some News http://www.reuters.com/article/newsOne/idUSTRE5A154W20091103
Looks like De Walt has a new owner.
Craig
Looks like De Walt has a new owner.
Craig
Inner10 said:I hate stanley with a passion...
What about all the other brands owned by Black and Decker such as: Delta, Porter Cable, and Dewalt? Do you hate all them too?Inner10 said:I hate stanley with a passion...I don't care for B&D either.
I'l drink to that. [big grin]
Peter HS said:At the time, the DeWalt dealer I used to buy from was also concerned that quality would be affected. He said "perhaps the only difference will be the colour of the tools." I don't think that happened .......
Alex said:DeWalt took over Elu about 15 years ago. The colour of the tools sure did change at that moment. DeWalt took all Elu's patents and designs, killed off Elu and then brought Elu's products on the market under the DeWalt name. Of course Elu was of an outstanding (German) quality and at the start those yellow repainted Elu tools were excellent too, but now 15 years later DeWalt's quality has severely deteriorated.
So what's your grieve with Stanley then?
What about all the other brands owned by Black and Decker such as: Delta, Porter Cable, and Dewalt? Do you hate all them too?
Peter HS said:When I first heard that B&D had taken over DeWalt I formed an idea that B&D would seek to use components from a remodelled production line to save on inventory and production costs. At the time, the DeWalt dealer I used to buy from was also concerned that quality would be affected. He said "perhaps the only difference will be the colour of the tools." I don't think that happened but it makes me draw parallels from the UK car industry. One of the great UK car successes is Land Rover which was a profitable cash-cow whose profits were used to shore-up the failings of other less profitable lines. Land Rover has been sold on (possibly more than once since then but I don't know). In the process, quality has deteriorated and the name of the illustrious marque has been tarnished. It's like a rich relative who is always being called upon to put up bail for other family members nicked by the cops.
I see the same with DeWalt now that Stanley is the owner. Stanley tools in the UK is a range that caters to the less discerning. A tape measure is a tape measure and no amount of window dressing will improve the concept. Each time I go to my local hardware stores, I've generally avoided Stanley products unless it solves a problem I can't address elsewhere. I almost see DeWalt and Land Rover exchanging similarly upsetting tales over a polystyrene cup of lukewarm coffee when they were used to drinking from the finest bone china.
I'm glad I switched to Festool. Mark my words, Festool, do not ever sell yourselves cheaply to anyone else. A lot of us now depend on the name and trust no other. [smile]
Inner10 said:.......So what's your grieve with Stanley then?
Prybars are worse then the no-name ones that you ca get for 30% less.
jeffinsgf said:Editorializing a bit here.
As a tool consumer, my BS detector goes off anytime that a company (Black & Decker) spends more effort running the financial side of the business than they do the development and manufacturing side. The business of Black & Decker and Stanley is business, not making and selling tools. That gobbledygook at the end of the article should be enough to convince anyone who works with their hands every day that all of these brands are to be avoided.
jeffinsgf said:It appears to me that Festool is in the business of making and selling power tools. They don't seem to be either looking for acquisitions or flirting with "acquire-ers". Could be wrong. Hope I'm not.
peter halle said:Festool is part of a holding company that also owns other companies. It appears that those other companies are symbiotic to Festool. The holding company, if I am not wrong, is still privately held by heirs of the founders. Evolution is inevitable, but based on history, the company concentrates on what is their core business. That being said, every business should have a business end other than its manufacturing and selling end. For example, Lil Bubba - the greatest cabinet maker in the world - better be able to handle the non cabinet making aspects or hire someone to or else he won't need to worry about that sale sometime in the future.
Consolidating can make sense if the companies are similar in nature. Eliminating redundancy is a way to increase profitability without the need to increase sales. When I was in the construction end of a major retailer years ago, if I could do something in the construction end that saved 10 dollars - someone had to not sell 200 dollars worth of stuff.
Just something to think about.
Peter
peter halle said:Neil,
I thought that was "Mini Bubba". Secret Service code name "Tiny".
I could be wrong of course.
Peter