There's some parallel between steel tools and bike frames with regards to things moving to Taiwan. Both things like wrenches/ratchets/sockets and steel bike frames moved largely to Taiwan 20+ years ago.

Guess what? Taiwan got really good at making both. So in the tool community, you have lots of comparisons drawn between the US and Taiwan and China, with the narrative that as far as Asian manufactured tools, the "good stuff" comes out of Taiwan, and the not-usually-as-good out of China.

There's a similar narrative on bike frames. The interesting thing is that Taiwan didn't just get good at steel bike frames, but on the aluminum and carbon fiber successors as well.

I would frankly rather Craftsman be a sustainable brand manufactured out of Taiwan with a warranty and continuity of product to back it, but unfortunately the collapse of Sears and the subsequent trading of the Craftsman label has made it more of a liability.