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Unread 04-03-2016, 07:22 AM   #33
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Craig Larter
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It seems to me the long term lack of capital investment killed all of the SxS manufacturers. They were starved for capital. They had to compete in a market dominated with simpler to manufacturer pumps and autos after 1895. In that market there was never enough profit to invest in the business, they were all doomed with outdated equipment and processes. In that period the logistics of moving off shore to lower costs was not a option and flexible manufacturing equipment and processes were not yet developed. It's a sad story and has affected many great US manufacturers and quality products.
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