Is Shopsmith Breathing its Final Breath?
A while back, in a previous post, I talked about the news that Shopsmith was in financial trouble. The news today confirms it. Robert Folkerth, the president was quoted as saying,
“…the company ‘significantly reduced’ its reliance on sales representatives who often travel to shows to sell Shopsmith’s tools and accessories.”
Wait a minute. Did he say they cut their sales force? What that tells me is that they don’t see much hope for the Shopmith product that we’ve known and loved since the mid-70′s. Has the competition for lower-priced standalone woodworking machinery pushed the Shopsmith out of the market? Sadly, I think it’s just a matter of time before Shopsmith goes the way of other woodworking machine manufacturers. Soon, the only place you’ll be able to read about them will be on the Old Woodworking Machines web site.





Gilbert Jagot said,
I’m surprised a company hasn’t come out with a ‘Chinese’ version (inferior metal, loser tolerances, etc.) yet. I’m sure it’ll happen eventually and I wouldn’t be surprised if it ended up being sold at Harbor Freight.
Gil
(posted on May 18th, 2007 at 2:50 pm)