Hi,

As far as I can tell on the Leatherman website, all tools are made in Portland Oregon, USA http://www.leatherman.com/products/tools/default.asp

I have an original WAVE from 1999, I like the new model WAVE (2004) better because of the interchangeable driver bits and stronger blades. Doug Ritter did a comparison in the Shot Show Review of of 2004, http://www.equipped.org/shot_show_2004_knives.htm .

Mike