I got my start in this business by doing TIG welding for SP Tools. They supplied Snap-On with all of their specialty automotive hand tools (bearing pullers, special brake tools, belt tensioners, etc.) and I did almost all of their welding - at an effective rate of $20 per hour. 10 hours a day, 6 days a week. If you bought any Snap-On specialty automotive tool from 2001 through 2003 I welded it.
I knew the owners of SP Tools personally for years before that and had raced with and against them at tracks all over the west coast. Mark and Paul are great people and are very proud of their business and this country. Starting in 2003 they kept getting price pressure from Snap-on due to lower cost import products being sold by Miller Tools and others. In the professional tool market, mechanics are like any other consumer - they shop price first and Snap-On was getting killed in the market.
Eventually, even at $20 per hour, I was too expensive and SP Tools had to start outsourcing production overseas and stopped sending business my way. No one at Snap-On, SP Tools, or BetaMotorsports wanted to do this. It was driven completely by the consumer - the professional mechanic.
The quality of the tools SP Tools gets from overseas are pretty much equal to what they were producing here. They carry the same warranty and warranty costs are equal or less then they were when the parts were made here. This is neither a good or bad thing, its just the way things are. I moved on and focused on motorsports fabrication (which is what I wanted to do anyway). Adapt or die as the saying goes.