The U.S. Consumer Product Safety Commission, in cooperation with One World Technologies has announced the recall of 4.0 Ah 18-volt lithium-ion Ryobi tool batteries after several reports of packs busting into flames on the charger.
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.
Newell Rubbermaid, the parent company of Irwin and Lenox, is launching a new brand of tools aimed at the professional HVAC mechanic.
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.
