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Quality cast iron tools are made in China with recycled American scrap
With the EPA regulations in effect, it is not cost effective to produce cast iron in the states anymore. This is why alot of large cast iron parts are "Made in China". They are using US scrap iron to cast the components to the specifacations of the American based manufacturers.
I work as a mechanic (heavy equipment) for a living and own just about every tool brand out there. The one thing I always tell people when they ask what kind of tools to get for home use is too look at warrenty. I ussually recommend Craftsman or Mastercraft (a direct competitor in Canada) for home use as they are the only tool that you can get warrenty on during the weekend. All tools eventually break and if its saturday afternoon and your working on your car getting it ready for the sunday show and shine and your ratchet breaks its nice to run over to sears fro a replacement instead of trying to borrow one from your neighbour cause there is no snap-on guy around on the weekend. This is not about tool quality, its about service and most home guys work on their trucks on weekends. Think about it.
Hope this helps
Andy
Last tip, you can never, repeat, never have too many hammers.
You have that right my friend. My wife likes to "borrow" my stuff, especially my hammers to hang stuff up. I quoted borrow since that would imply she would return them to where she found them. Not the case...
As far as the original question goes, I think that it depends on how much you can afford, and location. I have always loved Crafstman tools, and I just received a few tools that my grandfather used many moons ago, and still look and work great. I have 2 kids, and 2 adopted (1966 Mustang and 1963 (?) Ford 4x4) so I have to watch my funds. Craftsman gives me an excellent variety, good quality tool that my wife will allow me to buy. Just 2 cents from a shadetree (at best) mechanic...