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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.
Lowe's and manufacturing partner J.H. Williams launched Kobalt in 1998, [1] with the intention of competing against rival retailers Sears and The Home Depot and their respective Craftsman and Husky tool brands. [2] In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4]
Easco continued the Craftsman contract with Sears. By 1969, the parent company was known as Easco Corporation. [1] Tools made by MDF for Sears have a "V" maker's mark on them, those by Danaher had a "V^" (V and upside down V, sometimes a right-side up V). Variations of the "VV" exist including three digit codes on tools such as ratchets.
Modern drill presses can, however, use a variable-speed motor in conjunction with the stepped-pulley system. Medium-duty drill presses such as those used in machine shop (tool room) applications are equipped with a continuously variable transmission. This mechanism is based on variable-diameter pulleys driving a wide, heavy-duty belt.
Drill presses are available from small sizes for hobby workshops to heavy-duty versions for industrial use. They can be operated manually with a handle to raise or lower the drill, and/or can be computer numerically controlled (CNC). Often they have an adjustable depth stop [2] and the ability to lock the handle at a given height.