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American Woodworker magazine, A New Track Media publication, has been the premier publication for woodworkers all across America for 25 years. We are committed to providing woodworkers like you with the most accurate and up-to-date plans and information -- including new ideas, product and tool reviews, workshop tips and much, much more.
This is a reprint of "When the Machine Stopped: A Cautionary Tale from Industrial America", with a new title. It traces the life and death of a small tool company to illustrate how speculation trumps enterprise