I have a bunch of the old Kobalt tools and like them. I found this on another board:

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On Feb. 6, 2003; I received the following email from Dave Johnson with an update on Kobalt tools:

Just to update on the Lowe's Kobalt line, Kobalt is no longer going to be made by J.H. Williams (a division of Snap On). The new tools are to be made by Danaher. I have been told that the majority of the tools will be made to the exact same specifications as the older tools made by Williams. The new tools boxes are to be made by Waterloo. The tools boxes hit the stores next month. The tools arive sometime around april. I learned this when I called there customer service number, 1-888-3KOBALT.

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Danaher owns Matco and is the maker of the new Craftsman tools.

Jim