Craftsman Portable Table Saws Sold Only At Sears Recalled Due To Risk Of Injury

By Ciara Linnane Markets MarketWatch Pulse

Craftsman portable table saws made by Rexon Industrial Corp. of Taiwan and sold exclusively at Sears Holdings Inc. have been recalled because of the danger of laceration and impact injuries, the U.S. Consumer Product Safety Commission said Tuesday. About 46,000 saws are impacted, according to the CPSC. So far, there have been 11 reports of the table saw collapsing, including nine reports of injured fingers and hands. The injuries include broken bones, lacerations, shoulder strain and a partial fingernail amputation. The CPSC is urging consumers to stop using the saws and to contact Rexon for a free replacement. The saws were sold by Sears for about $200 a piece in the period stretching from April 2014 through October 2016. Shares of Sears, which announced the sale of Craftsman to Stanley Black & Decker Inc. in January, were down 1.7%, and have fallen 60% in the last 12 months, while the S&P 500 has gained 19%.

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