Yes some of the tooling is rebranded, but what I have found is that Tormach seems to have selected quality tools. I too was a little disappointed when I received the obvious rebranded drill chucks but when I tested the runout I was very satisfied. I have forgotten what it was, but I was very happy . The runout was much better than a Chinese chuck I had and for a price not much more.
It seems that every item Tormach sells, they have selected it on quality as well as price, a philosophy that rewards them with much praise on this forum.
In regard to painted over shavings, I guess Tormach QA guys in China can't check every little detail.
Good luck with your projects.