This is just my opinion, so please, don't set me on fire.
I think some here need to ease up. While I think it stinks that old favorite name are being recycled, it isn't because I am swinging the sword of moral righteousness. It's much easier than that.
I don't want anyone crowding out my favorite memories or experiences with a "pretender" product, no matter how well it is made.
I first faced this in the mid/late 70s when Rockwell tools (NOT the corporation) when out of business. Rockwell was the standard of its day, all of us professionals either used them or lusted after their tools. A low end line of junk was outsourced by an investment group, and it failed badly. So we thought that was the end of Rockwell. But thirty years later, Rockwell pops up again... NOPE, not
that Rockwell. Sure they make hand tools, but it isn't the same. These aren't the same tools I learned my trade on.
The same thing happened to the DeWalt hand tool (not radial saw) brand. It collapsed about 25 years ago when Black and Decker bought it, then was revitalized and stamped on everything imaginable tool that would make a buck. The original DeWalt never made screwdrivers, hand carts, saw horses, cheap levels, or any of the other gemcracks that fill a hardware store these days.
The same goes for Porter Cable. That's a sore subject as I had a lot of PC tools in the 70s and early 80s. One of my "vintage" drills just quit! They were that good. PC went away for a while after being purchased by a giant conglomerate. Then they came back with a huge line of medium to lower grade tools that took advantage of the name recognition, and of the ability to use the international manufacturing community. I won't comment on their quality as it is spotty.
One of my favorite tools to buy when I finally started making money in the trades was Milwaukee. I am not positive, but I don't think Milwaukee makes ANY of their own product anymore. It used to be made in Milwaukee (or nearby) by them, and it was all damn fine products. You knew you had a helluva tool in your hand with them. Now they job everything out, and have moved (all?) of their manufacturing overseas. They are a shell here, owned by one of the monsters that are slapping a Milwaukee sticker on a jobbed out product made somewhere else. They are just another manufacturer, now.
Out of all the fine old tool companies that used to make tools for us tradesmen, I don't know of one major manufacturer left here that makes tools here and more importantly isn't owned by one of the the three huge investment conglomerates. Tools these days aren't even made by tool guys or for tool guys. They are like knives for the most part, simply manufactured widgets.
Now when I buy a new or replacement tool, I just have think about something else when I start waxing poetic about the good old days. But.... those good old days are good and gone. Have been for some time.
Still stings a bit to see those old names/memories out there, though. Especially when you know what they were years ago.
Robert