Stanley announced back in October that they were in the process of building a new US factory to shift production back stateside. They also announced a deal they cut with Lowes to begin selling Craftsman tools in mid to late 2018. The CEO of Stanley Black & Decker was quoted as saying "Craftsman is still an incredibly strong brand, albeit one that is largely manufactured overseas and basically situated within one major retailer,", "We believe this is an excellent opportunity to invest in, re-Americanize and revitalize this legendary brand, ramp-up product innovation and broaden its distribution.","We already manufacture many products cost effectively in this country and, in some cases, we've been able to bring manufacturing back to the U.S. at a lower cost than producing overseas,"