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Why America’s Largest Tool Company Couldn’t Make a Wrench in America

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'Forged in Texas' was supposed to be a major selling point for new Craftsman tools. Instead, the brand's $90 million Fort Worth factory is closed and up for sale.

A Texas-made Craftsman ratchet from Stanley Black & Decker. The company said it was closing the Fort Worth factory 3½ years after breaking ground.

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