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Craftsman is a line of tools, lawn and garden equipment, and work wear.Originally a house brand established by Sears, the brand is now owned by Stanley Black & Decker.. As with all Sears products, Craftsman tools were not manufactured by Sears during the company's ownership, but made under contract by various other companies.
In 1958 MTD entered the lawn and garden power equipment industry with the production of an 18-inch (46 cm) power rotary mower. In 1959 MTD began manufacturing self-propelled lawn mowers, garden tractors and other power equipment. In 1962 MTD purchased Sehl Engineering Ltd. of Canada which would later become MTD Products, Ltd. and then MTD Canada.
DieHard is an American brand of automotive battery and parts owned by Advance Auto Parts and sold exclusively at Advance, Carquest and Sears stores. Advance bought the DieHard brand from Sears in December 2019. [1] The brand dates to 1967, having been developed by Globe-Union Battery for Sears.
2017 – Stanley Black & Decker purchases Craftsman from Sears (Sears, Roebuck & Company). [17] 2017 – Stovekraft entered a licensing agreement with Black+Decker to sell the latter's products in the Indian market. [18] [19] 2025 - Indkal Technologies Pvt. Ltd. manufacturers and sells Black+Decker branded smart televisions in India. [20]
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail-order catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
2017: On January 5, news reports indicated that it would acquire the Craftsman brand from KCD, LLC (a Sears Holdings subsidiary). [25] Subsequent reports by Bloomberg indicated that the company would pay $525 million initially, an additional $250 million after three years, as well as annual payments on new Craftsman sales for 15 years. [26]
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