Counterfeit tools a growing concern
August 16th, 2013 by
Purchasing tools is not for the faint of heart — or light of wallet. While tools technically fall into the “overhead” category, simply put, you cannot build a without them. They make our lives easier and our work better.
So it’s understandable why anyone would try to find a good deal. Tools are commonly lost, damaged and stolen. But be wary of your source if tool prices appear inexplicably low. There exists a global counterfeit market for anything you might find on the job site. Purchasing these products not only harms the company being misrepresented, it means you’re probably not getting the best product.
Just last week, Qatar’s Ministry of Economy and Trade announced its anti-fraud unit seized more than 15,000 fake Stanley-branded tools and appliances. That’s a As John Caulfield at Builder Online writes,
Last year, the U.S. Department of Customs and Border Protection seized the equivalent of $1.26 billion in counterfeit products. But the government’s efforts sometimes seem like it’s trying to bail out a flooded boat with a teaspoon.
The takeaway: Always purchase your tools from trusted vendors. If a deal seems too good to be true, well, you know how it goes.