I have spoken to Myford this morning (Thursday 14th July) and it seems
that RGD have gone in and bought the entire spares and accessory
stock.
No complete machines and none of the manufacturing plant.
Anyone aiming to go for a stock up on spares at the clearance sale is
going to be dissapointed.
I hope they put this up on the web site soon to prevent wasted trips.
The website still says "all spares" available, not so now I think.
Richie
Also spoke to them today. They had no choice about selling to RDG, the
liquidators have the only and final say about things. The office folks are
less than happy about selling the stock to RDG due to their past practice of
selling fake Myford stuff. Oh well.
The plant/machinery and any un-sold second hand machines are still available,
but spares are all spoken for.
Mark Rand
RTFM
ISTR that when working at a sunrise company (which all-too-quickly became
a sunset company) that although the liquidators are typically appointed from
a nationally-known accountancy firm, that the individual liquidators are
acting as sole traders themselves with unlimited liability in their roles
as liquidators.
Therefore, under the various consumer protection laws, the liquidators
will be personally responsible to you for any goods sold to you as a
consumer.
If the business is sold, and it you buy from the successors, then you'll
rely
on the normal processes.
I would imagine that you would be buying as seen and there will be no
guarantee given.
My conversation this morning with Myford leads me to think that there
will be no more from the company as we know it now, they had some hope
before all the spares and accessories went in one lump to RGD.
Some of the plant was also heading onto lorries this morning but I
don't know who bought that.
I'm sorry to see them go, I bought my 254s in 1986'ish I wonder who
will get the original drawings for all the lathes etc?
Will the manufacturing rights be sold as well... who knows, time will
tell all I suppose.
Rich
I have just got back from Myfords, spoke to Chris Moore and RDG who
are there in force clearing out.
Bottom line is that RDG have bought all the spares and anything other
than machines that is not bolted down, this includes the contents of
the fitting shop, inspection and other departments. They have also
bought all the jigs and fixtures.
They have also purchased the drawings and intellectual rights of the
company.
They have bought / rented another 3,000 sq ft warehouse to put all
this in and will be running this as a separate company. They will
still sell the Indian imports but as imports and run a two tiered
system to supply all needs. This direct face to face from RDG this
morning.
What is on sale to the public are all the Myford lathes, millers and a
few drilling machines plus the contents of the shop and secondhand
accessories, vises, boxes of cutters odd collets etc.
The items are all priced up as of 12:30 today but not the machines but
I was told these will be priced up by tomorrow.
The bits and pieces are reasonable £30 for a 6" vise, used and not
pristine, indexers from £30, various chucks etc.
On the machines there are quite few new lathes and some early ML7's
and S7's that are untouched as bought in for refurb.
Only pricing I saw was for a couple of ML10's at £2,322 and £2,554
each and a VMA attachment for a series 7 at £2,000
Two shots of the machines for sale.
http://www.stevenson-engineers.co.uk/files/myfordsale4.jpg
I was told by the asset sales guy that machines will be sold at market
value as there are the last to be produced and sold, there will be no
more, his words, not mine.
There are some machines included in the plant like modified Myfords
and couple of tatty 254's and one Mini-Kop and a couple of Mg12
grinders. You will have to see one of the asset guys over these to get
a price.
All the good plant has already been sold. [ Hence my trip today <g> ]
John S.
So does that mean that you now have a clapped out Churchill grinder and a gear
slotter?
Decided not to go, since the Mytholmroyd lads had got all the useful stuff.
Mark Rand
RTFM
# Only pricing I saw was for a couple of ML10's at £2,322 and £2,554
# each and a VMA attachment for a series 7 at £2,000
No bargains to be had, then (but only punters to be had?)?
In the US, South Bend Lathe landed in the hands of an importer who
apparently hopes to retain at least some of the quality.
http://en.wikipedia.org/wiki/South_Bend_Lathe_Works
They ain't cheap:
http://www.grizzly.com/products/South-Bend-10K-28-Bench-Lathe/SB1002
That's the Light Ten. The original South Bend was charging ~$12,000
for a Heavy Ten (10" diameter, 5C collets) like mine before they
folded.
The only feedback I've seen was about a defective Woodstock
International lathe that they apologized for and gladly replaced. But
it had slipped in unnoticed.
China can make a very good product if the importer keeps close watch
on their quality control. I see that with OEM components for medical
equipment etc.
So can India.
jsw
--Yeowzers those prices are gruesome! Is this an indication of
scarcity to come or were they really selling at this price when they closed
the doors? Methinks I'll get some more insurance on my own Super 7!
--And now that you mention it, just how healthy are the other UK
manufacturers of machine tools? Is Warco doing well? How about Boxford? Hope
Myford isn't the tip of the iceberg..
Welding!
Warco is an importer / reseller, albeit rather better than most. At
one time Roger Warren had a QA setup overseas to check that his
imports were up to standard.
AWEM
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