Has The Economy Tempered Your Tool Addiction?
comments (22) November 10th, 2010 in blogs
I recently read that Stanley Black & Decker, the largest tool maker in the United States, had a great third quarter this year, more than doubling its profit. The company owns a few brands familiar to woodworkers, such as Delta, Porter-Cable, Bostitch, and DeWalt.
Analysts say the increased profits are a result of a small rebound in the housing market, with most of the profits coming from the construction and do-it-yourself division, according to the report.
So it seems builders are buying tools, but what about furniture makers? Has the economy put a damper on your own tool purchases? Are you spending money on new tools and machines, or are you holding back and using your money for materials to make furniture? Let us know.
By the way, this year I had only one “major” tool purchase: a dust collector. And now I’m saving to buy a brad nailer and a compressor, as well as a new router to put in a table.
posted in: blogs, woodworking, Tools, furniture, Delta, dewalt, black & decker, Porter-Cable, stanley
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If you enjoy woodworking then you probably also suffer from an addiction to tools. Whether you collect hand planes or seek out the latest and greatest in power tools, our expert tool addicts will keep you in the loop with news, reviews, and commentary on the latest in woodworking tools.
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Comments (22)
It seems that the more cost effective a tool is the less you can expect the manufacturer to stand behind it. I love my Steel City planer but a piece of pot metal used to secure the depth stop to the frame just snapped and they dont want want to know me. The service person quipped that since I only paid 399 or 499 for the planer that it wasnt worth the trouble to repair and told me he had a call coming in from Australia and hung up!I may very well replace it with a more expensive planer but not from Steel City.
Posted: 5:24 pm on February 23rd
Posted: 1:47 pm on February 5th
Posted: 1:11 pm on December 8th
tools already. Not able due to age to horse 4x8 panels around like I used to, so I
invested in a festool circular saw complete with 102 inch track. This has been a
mixed blessing, because it introduced me to Festool. At two or three times the cost of competing lines, I can't afford it, but it's such a delight to use that I've been hooked. Now I have five of them, and don't open catalogues anymore. Thinking of starting a chapter of Festool users anonymous.
Posted: 5:16 pm on December 3rd
tools already. Not able due to age to horse 4x8 panels around like I used to, so I
invested in a festool circular saw complete with 102 inch track. This has been a
mixed blessing, because it introduced me to Festool. At two or three times the cost of competing lines, I can't afford it, but it's such a delight to use that I've been hooked. Now I have five of them, and don't open catalogues anymore. Thinking of starting a chapter of Festool users anonymous.
Posted: 5:16 pm on December 3rd
tools already. Not able due to age to horse 4x8 panels around like I used to, so I
invested in a festool circular saw complete with 102 inch track. This has been a
mixed blessing, because it introduced me to Festool. At two or three times the cost of competing lines, I can't afford it, but it's such a delight to use that I've been hooked. Now I have five of them, and don't open catalogues anymore. Thinking of starting a chapter of Festool users anonymous.
Posted: 5:16 pm on December 3rd
Posted: 9:36 am on December 3rd
Posted: 7:29 pm on December 1st
I have owned a Unisaw for over 25 years. In recent months have been replacing most of my cordless drills, drivers etc. Panasonic, Milwaukee and Bosch. Wish I could afford the new Bosch chop saw.
Am not impressed iwth the Sawstop. In talking with reps, cost of recovery is way too great. What happened to good common sense and due diligence in using tools. In almost 60 years have never been injured. BUT, one must be careful.
Posted: 3:23 pm on December 1st
You have chance to by them and you are going to use them that is luck of this days. Where are the money that we needed to bay the tools, isn't it sad that people can't make the difference just because the money is not there???
Posted: 11:04 pm on November 30th
Posted: 10:31 pm on November 30th
Posted: 6:40 pm on November 30th
Posted: 11:23 am on November 30th
Posted: 10:36 am on November 30th
Posted: 10:16 am on November 30th
So money being an issue I will fall back on Grizzly tools. A lot of bang for the buck to be had there and from what I have seen all tools are made in Taiwan or China just the labels have changed.
The Delta uni-saw is made in America or Assembled here? I don't know; so hard to find anything made in America these days.
Posted: 8:12 am on November 30th
Posted: 8:07 am on November 30th
My first project was dining room wainscoting last year. I bought a router, table, and a table saw (Bosch contractor), and a compressor/nail gun.
This lead to my big project for this year-- a workbench. In that process-- I purchased a bandsaw, planer, hand planes, chisels, sanders-- which started a Festool addiction (hard on the wallet), circular saw (yup, Festool there, too), and my last purchase-- the much needed jointer.
"Just doing my bit for the economy, honey!"
Posted: 3:01 am on November 30th
Posted: 12:25 am on November 30th
Posted: 11:49 pm on November 29th
Posted: 10:04 pm on November 16th
Posted: 5:42 pm on November 11th
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