The ridgid 700 pipe threader ( AKA power pony ) is a tool that I have been using for the past 20 years . Just lately they have came up with a replacement cord retainor that allowing the cord to keep pulling out .Even when you try to be realy carefull not to pull on the cord , it slowly works it way out .According to the directions the cord retainor is installed properly (so I'm told ) . I checked the parts list on this web site , it shows the cord retainor going in in that direction . For 20 + years the cord insulation would break befor it would pull out . Whats diferent now ? How can this problem be resolved ?