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Re: robtewms post# 1234

Tuesday, 05/16/2017 7:01:19 AM

Tuesday, May 16, 2017 7:01:19 AM

Post# of 37346
Lawsuit problems...

>>>>>>>>>>>>>>>>>

Techtronic Industries Co. is the brand owner and manufacturer of Hoover and Dirt Devil vacuums and Milwaukee and AEG power tools. Through a subsidiary called One World Technologies Inc., it is contracted to make the Craftsman power tools sold by Sears in its retail stores.

In its lawsuit, Sears accused One World of trying to change the terms of their supply agreement so that One World could cut back the number of tools it makes for Sears.

The move came after Sears raised doubts about its ability to continue as a going concern in a regulatory filing earlier this year. The language spooked suppliers such as Techtronic, which are often the last to be paid after retailers go bankrupt.

>>>>>>>>

As a 35+ year licensed contractor/owner I can tell you Milwaukee and other tools now owned by this same Chines Corp are SH!!T today. Lower grade parts than how they used to be mfgrd in USA for decades before...

Sears has no room to do anything, as they are pulling at strings. This is what ahs come of a former major brand name and tool supplier (craftsman) today, as they sold all that to this new org who now controls the product and how (poorly) they are made.

I think people need to realize, other tools they think are USA made today, are NOT, and owned by Asian Majors just selling the old brand name...

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