Tool brand ownership - Router Forums
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post #1 of 18 (permalink) Old 09-26-2017, 02:49 PM Thread Starter
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Default Tool brand ownership

Spotted this on a facebook group I belong to. Shows the different brands owned by the various tool companies. No way to verify it's authenticity, but I don't think it's that far off.
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post #2 of 18 (permalink) Old 09-26-2017, 03:57 PM
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All my tools are owned by me. As long as they work, and they have been for years, I do not plan on replacing any of them. I do plan on another tool or so, but I won't be buying, I'll just make what I need, then I get just what I want.

Well, let me modify that statement just a bit. If I run across any old tool that I can use, and it still works, may buy that, but nothing new. And when I say old, I mean antique, not just a used tool. Would love to find a usable wall mount hand crank drill, for example. One that I can find for a reasonable price.

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post #3 of 18 (permalink) Old 09-26-2017, 04:33 PM
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Looking at the brands by reputation, I see a lot of the Stanley companies now have deteriorating to iffy reputations whereas Bosch owned brands are pretty good. I was also surprised to see Emerson making a couple of respected brands--It is pretty much a Chinese owned company today. I couldn't blow the picture up enough to read some of the logos, but this is pretty interesting. There are a few completely independent brands our there, generally top of the line tools with engineering done in house to very high standards.

US corporate rules and other regulations work against a company growing beyond a certain size. Too expensive to comply with the 70,000 plus regulations, so at about 50 million, most companies sell out. A small number get to 500 employees and can't handle the legal and tax issues, so they sell out. And of course, having the highest corporate tax rate in the world almost forces corporations to sell to an overseas entity, and ship out their manufacturing, jobs and profits. In fact, SEC regulations on corporate responsibility to place the interest of stockholders first, more or less makes it a firing offense for a CEO NOT to sell out, and go offshore. It's not political, its economics.
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post #4 of 18 (permalink) Old 09-26-2017, 07:10 PM
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One question mark is Makita for me. When I was looking for blades for my Makita 1900B model 3 1/8" power planer on eBay I found some that fit it, and 22 other brands. Six were identical, including a Hitachi which happens to also be a 1900B model.

I didn't see Walther/Metabo in the list. I have a Walther jig saw and I haven't used anything else that comes close to it. I handled a Metabo 6" ROS today and there was an obvious difference between it and the Boschs and Milwaukees next to it. It was also 2 1/2 times more money.

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post #5 of 18 (permalink) Old 09-26-2017, 08:49 PM
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I think in some cases it was a matter of buy out the competition if you can't beat them, in other cases it was merging to survive. Just like every other industry.

I do hate it when companies like JET industrial machinery get bought out, and then you can't get parts for a $30,000 lathe that is only 7 years old...., and customer service doesn't really seem that interested in helping you out.
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post #6 of 18 (permalink) Old 09-26-2017, 11:36 PM
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Here is the web page I found:

Four Companies Sell 48 Percent of Power Tools

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post #7 of 18 (permalink) Old 09-27-2017, 07:22 AM
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Same with paint. Sherwin Williams owns everything from their own brand to Minwax and a whole bunch in between.

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post #8 of 18 (permalink) Old 09-27-2017, 07:25 AM
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DRT is correct- economics. Cleveland, TN used to be a big furniture town 40 years ago. Most of the companies are gone due to production taken over by foreign manufacturers; not bought out but out of business. I know of an established company that the third generation owner said it is cheaper to buy the furniture from China, pay shipping and import duties than to make it here in town. The company is now mainly an importer and warehouse facility. Why pay someone $500 a week when you have people making $500 a month and making the same item? FWIW, my son's employer buys several things from China. He had been there for three trips in the past. He's learned a lot that they didn't teach in college!
I sold ceiling fans, cabinetry, and lighting for 2-1/2 years- the owner told me that all ceiling fans are made in five factories in China. Next time you are at one of the stores that sells ceiling fans, look where they are made.
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post #9 of 18 (permalink) Old 09-27-2017, 11:53 AM
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Quote:
Originally Posted by Cherryville Chuck View Post
One question mark is Makita for me. When I was looking for blades for my Makita 1900B model 3 1/8" power planer on eBay I found some that fit it, and 22 other brands. Six were identical, including a Hitachi which happens to also be a 1900B model.

I didn't see Walther/Metabo in the list. I have a Walther jig saw and I haven't used anything else that comes close to it. I handled a Metabo 6" ROS today and there was an obvious difference between it and the Boschs and Milwaukees next to it. It was also 2 1/2 times more money.
Its not unusual for brands to share the engineering and manufacturing for tools. Look at the traditional 14" band saw from each of the major manufacturers, it is obvious that they are all built in the same factory from the same molds. Another example, look at the Grizzly lathes and compare them to lathes from Jet and Powermatic. Heck, nearly all of Harbor Freight tools are direct copies of other brand's tools.

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post #10 of 18 (permalink) Old 09-27-2017, 03:01 PM
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Wen tools did not make the list, too small a share of the market I guess.

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