

3:28 PM

January 4, 2009

A lot of family run companies fail when a younger generation take over their management. I hope Harbor Freight isn't going to be one of them. I don't like buying Chinese-made tools but I often don't have a choice. Because you either can't find alternatives or they're unaffordable.
Prices at HF have probably gone up 40-60% in the last few years. It's hard to say how much of it is because products have been getting much more expensive to manufacture in China and how much is due to the son's "improvements" to Harbor Freight. But they still have the best prices around. I've often seen the exact same merchandise being sold by other stores for 50-250% more. I also find shopping at our two local stores much more pleasant than at Sears or Lowes. The stores aren't as fancy but their employees are much friendlier and more helpful.
2:00 PM

January 4, 2009

This is kind of old (July 2010) but it's interesting story about the family feud between Harbor Freight's founder and his son.
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  http://www.vcstar.com/news/201.....f-looting/
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It looks like some of the issues were settled in April 2011, but there aren't too many details available.
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