OTC makes alot of tools relabeled by Snap On, Mac, Matco, Cornwell, Napa, Craftsman, etc.
Blue point is a line of tools by Snap On, how would Snap On buy Blue point and relabel?
I do know Blue point stuff was hard to get warrantied, even worse than Snap On. Some years back I ran a toolroom with a several million dollar inventory.
It got so bad on even getting a $20 screwdriver replaced that we completely switched to Matco.
Anyhow, the MT308 looks exactly like my Craftsman/OTC tester I bought maybe 10-12 years ago for around $50-60. I have no complaints, though I don't use it too often, mostly on saws that seem low on compression just to confirm.