- Stanley Black & Decker built a $90 million factory in Texas to bring Craftsman mechanics' tools manufacturing back to the US.
- The highly automated system had equipment problems and slow production, leading to the closure of the factory.
- The Craftsman plant was a high-profile example of US manufacturers' efforts to reshore plants.
- Automation was crucial due to the high cost of American labor, but it posed its own challenges.
- Stanley blamed Covid-related events, supply chain challenges, and technology that didn't meet expectations for the closure.
Why America’s Largest Tool Company Couldn’t Make a Wrench in America
Stanley Black & Decker's highly automated factory in Texas, intended to bring Craftsman mechanics' tools manufacturing back to the US, was closed due to equipment problems and slow production.