How hard can it be to make a wrench?

A promotional display produced by Gray Tools forty or so years ago, showing how a wrench is forged from billet (bottom) to plated and polished finished product (top).  Somewhere over the years, the second stage in the process has gone missing from the plaque.  Gray Tools continue to be made entirely in Canada, and this year marks their centenary.

As a remarkable testimony to the quality of their tools, see below: