Stanley Sells Off Delta

[Rita and Neil Ward]

More info here:

[Lee Michaels]

This is either a very good thing or a very bad thing. Time will tell.

[Swingman]

It was buried in the WSJ about a week ago. IIRC, the parent company is Chinese, but it appears there are also some American partners involved. The CEO looks to be a beancounter, and was in upper management marketing in previous companies, so you can almost bet who's going to benefit first ... the mantra will probably be corporation before consumer.

Hope its not another one of those Rockwell moves ... buy an old respected name in the tool business and direct the new "price point engineered" crapola to the DIY market.

I got a kick out of the press release from the State they will be headquartered in ... basically welcoming this old established manufacturing company to their state ... yeah right, all of two weeks old. :(

BS is getting stacked higher and higher ...

[Larry Jaques]

If it's a bad thing, will Delta machinery be built in a DIFFERENT Chinese noodle factory, or what?

-- A paranoid is someone who knows a little of what's going on. -- William S. Burroughs

[Lew Hodgett]

------------------------------------- BS, MS (More of the same), PhD (Piled Higher & Deeper).

Lew