Economic Conditions

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Declutter Your Work Area with a Hinged Overhead Boom

This cheap home-made shop accessory keeps tools at the ready but cords and hoses out of the way. More

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What's Good for US Housing is Good for Horst Pudwill

According to a recent article in Forbes, the recovering US housing market and reconstruction of areas hit by Hurricane Sandy have made the chairman of tool manufacturer TTi into a billionaire. More

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Chinese plywood is about to go up in price

In response to an unfair trade petition by U.S. manufacturers of hardwood plywood, the U.S. Commerce Department is going to impose up to a 27% duty on imported Chinese plywood. More

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Apex Tool to Close Its North Carolina Plant

The Apex Tool Group announced it will be closing its Gastonia, NC, plant in June 2013 and moving those jobs to facilities in Texas and China. Among the tools made at the plant are sockets sold under the Craftsman brand label. More

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Wages on Hold

Most of the remodeling company owners we spoke with for this article had to cut wages during the recession. But many are reporting that in the past two years they have started to increase pay. As Craig Huseby, owner of Huseby Homes, in Nashville, Tenn., put it, 'You can only go so long without giving a man a raise.' More

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2010 Site Commander: On the Road to Recovery

If there's one thing we learned over the past year of touring with the Site... More

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New Place for Pride

I remember riding some pretty wild ups and downs during my 20-plus years of... More

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Truck Report 2009

The latest word from the world of pickup truck manufacturing is either very bad or... More

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Truckin' Around: Sales Down, Value UP

The economy has brought truck sales to a near standstill, but there is opportunity amid the damage. If they buy now, contractors can get great deals on pickups brimming with mechanical sophistication (see Truck Report). More

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Toolmakers Face 'Difficult' Year

The ongoing slump in housing credit and sales is affecting every sector of the home building industry, including manufacturers of tools and other products used in construction. More


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