Doosan closed the DIA Engineering Center in Plymouth, MI last week and let all of the employees go. This group was responsible for all of the turnkey systems in N. America.
I am fairly certain that they've also closed their Western Technical Center in Orange, CA, and possibly their office in Memphis, TN as well.
We can only hope that this is not the harbinger of things to come for the machine tool industry in N. America.
Hope all you want Paul but it is for the time being. AMTBA reported a total of just over 650 machine tools sold in N. America in February. That's about what HAAS builds, or can build, in a single week in Oxnard IIRC.
JC
John,
It never hurts to hope & pray, right? My understanding is that Doosan hadn't sold one machine this year in the U.S.. Forget the fact that we're ( in conjunction w/Doosan) still installing a $3.5M system in Mexico, with the promise of more to come.
I suppose not, as long as that's not the end of the effort.
I can easily believe that and wouldn't be surprised to see them go three full quarters before they do. They will have a lot of company.
How would you like to have a $3.5M invested smack in the middle of a drug war? LOL
Good luck Paul. Sincerely.
JC
I got a flyer today from pmi-auction.com. Fadal in Chatsworth is having a sale on the 23rd to sell "assets no longer needed in the continuing operations". What will be left in the building afterwards???
Unfortunately..for the foreseeable future..it is.
Westec...I saw it last Wed.
500 displays..about 10% were "efficency" companies Several of the big players didnt even show up Most of the big players had huge displays..and help that was desperate to talk to anyone.It was on (1) floor, and in one room. First time Ive ever seen it that small.
Middle of the day..and most of the displays were looking helpless.
Not good..not good at all....
Gunner
-------------- ;-( For a possible back-up plan for our professionals in this NG click on
Unka' George [George McDuffee]
------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).
--------- If you have read the WSJ over time, you will note that these "happy" stories started about the time that the paper was sold to Rupert Murdoch [other papers , and have become more pronounced over time starting in May 2008 when he took full editorial control.
Note that Murdoch is also the big Kahuna of Faux News.
Unka' George [George McDuffee]
------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).
Daewoo made some decent rifles and pistols.
Cliff wrote in news:av86u4h4rgl4upp03flp2l0pqtvbefqu6v@
4ax.com:
I doubt it.
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