- Joined
- May 24, 2012
- Messages
- 302
This is true. I hear when LF&C closed Albert agent and purchased all the steel and brass for pennies on the dollar. Right before or at the beginning if WW2..
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I was lead to believe that the demise of Schrade was due to the employees demanding more money, and not that they didn't deserve it, but things were getting worse with the onslaught of cheap Chinese knives coming into the country. Most people seemed to be concerned with price over quality. At least this is the way I understood what I read about the closure.They were essentially hamstrung by the heir/heirs.
Well, this is apparently more than I knew before. I did try and read everything I could about the closure. I was in total disbelief about it as Schrade was my chosen brand that I clung loyally to. I'm still saddened and will only buy knives made in the U.S.A. because of this.It was a perfect storm. A disinterested owner, rising material and energy prices, a very demanding, manipulating customer (always lower prices), an outside turnaround specialist who didn't know the industry, a too broad product lineup*, nonprofitible overseas operations, etc.
From what I have gleened, the employees were the least of the problems. And yes, there had been multiple layoffs. There was no one single issue, nor anyone with the knowledge, foresight and, most importantly, the power to make needed changes before it was too late.
Found some notes that I made.
11-8-70 stock# 21649 golden spike Bowie
SW# 138-b-6 estimate 7500
Ah, You were part of management at the old Schrade Ellenville, weren't you?![]()
Oh, My Bad.I believe he said that his notes were made from reading a file/notebook belonging to someone else who did not agree to allow them to be reproduced.
I as well as the others here I'm sure, appreciate your input.That's what I found. My contribution to the few of us who care. Take it as you will.