</font><font color="blue" class="small">( heard they're spec'ed out overseas and imported, but don't know for sure )</font>
I'm afraid that's true of just about all the air tools. All the later model IR, CP, Snap-On, MAC, Matco, etc. have something somewhere that says "Made in Japan" or just "Japan" on them. Some of the cheaper tools may say "Taiwan" instead. Last I knew, Sioux tools were about the only ones made in the USA (great tools, but expensive). I've noticed some of their prices have come down a bit; don't know whether they've started having them made in Asia or not.
And I don't know who made your particular Craftsman. It "appears" much like some CP models. I didn't like to work on Craftsman air tools simply because I had to order parts directly from Sears, pay retail price for the parts, wait too long to get them, and sometimes had orders messed up. For instance, rotor blades are generally sold in sets of 4, 5, or 6 depending on how many the tool uses. The first time I ordered a set from Sears (and listed on their price list as a "set of 6"), they sent one, but charged for the 6, called them, they agreed it was a mistake and sent one more; 6 phone calls to get one rotor blade at a time. /forums/images/graemlins/frown.gif
There are many many air tools that you can take apart, look at the parts, and swear two tools are the same thing, but then find that one or two pieces that are only 1 or 2 mm difference in size means the parts are not interchangeable and will not work. /forums/images/graemlins/frown.gif