Grizzly Is Reducing List Prices

[Renegade1LI]

Read an email from Grizzly tools this morning that said they are reducing list prices as there costs are coming down. I think that’s the first company I’ve heard do that and send an email explaining it. Wether you like them or not that’s positive sign, a little good news.

 

[Jakemedic]

Hello! I got that email and explanation as well. Now I have never purchased anything from them, I would just due to that email. Good news? Yes!

 

[dogdog]

I unsubscribed from their mailing list after their price got ridiculous, but I did remember an email explain why they have to raise their price last year or two ago as well.

 

[NUTTSGT]

Step dad used to order his wood working tools from them. He never had an issue with them. I always took them for a stand up company.

 

[tarbellb]

A smart and classy move by Grizzly


Wonder how long these other mfgs are going to try'n ride the inflation wave...

 

[jptbay]

Still waiting for the price of garage doors to come back to earth. I refuse to pay triple pre wooflu prices.

 

[corn chip]

well all their stuff is china so they probly were hit extra hard with price increases

 

[seber]

well all their stuff is china so they probly were hit extra hard with price increases

Last I heard, Grizzly was all Korean with US oversight.

 

[Madjik Man]

Still waiting for the price of garage doors to come back to earth. I refuse to pay triple pre wooflu prices.

I ordered my new garage door in Dec 2020. It cost me $2700.

That same exact garage door is now selling for $7200.

That's not inflation.... that's just insane.

 

[darkzero]

Wow! That's very surprisinging to me & great on them. I never did buy much from them, nothing big either, but yeah I stopped buyi g from them when their prices went up. They also charge some stupid CA shipping surcharge, no one else I have ever ordered from charges that.

Wonder how long these other mfgs are going to try'n ride the inflation wave...

Probably indefinitely or until it hurts their sales.

 

[darkzero]

Last I heard, Grizzly was all Korean with US oversight.

Where did you hear that? If you're talking about Grizzly Tools, their machinery is made in China or Taiwan. Not sure about all the other non metalworking & woodworking stuff they sell.

Founder/owner of Grizzly is from Kenya. It's said that he & his brother had some differences so his brother went on to create Busy Bee Tools in Canada & Grizzly would sell only in the US (vise versa).

 

[Firebrick43]

Last I heard, Grizzly was all Korean with US oversight.

Where did you pull this out of?

 

[dogdog]

Where did you pull this out of?

There was a rumor about that faintly remembered when grizzly was in financial problems sometime way back 2000 or late 1990s…. Korean yakuz, thought I was the only one that heard those unconfirmed rumors, lol

They were successful enough to bought out their competitor brands like shop Fox and and old American lathe brand also smithy lathes brand I think.

*** south bend

Dunno how much truth is this

Indians in Kenya - Wikipedia

en.wikipedia.org

 

[darkzero]

So I have 2 replacement parts from Grizzly that I eventually want to buy. Since I bookmarked them (I always make a note of the price), one of them has gone up $4 & the other one $10.

I'm hoping this price reduction hasn't taken into effect yet.

 

[tarbellb]

At least we can still count on the Costco hotdog holding firm

 

[Firebrick43]

Someone said made in China

Yes some of grizzly's machines are made in china. Some of their better ones are made in Tiawan. Hence "made in china or tiawan".

That statement doesn't mean they are one in the same.

Grizzly doesn't make their machines, they have them made for them to their specifications.

 

[darkzero]

Someone said made in China

Ok, yes that is true. Much of their machinery is made in China and Taiwan. Taiwanese made models are usually better quality so they cost more. Many of their accessories are made in China, Taiwan, & India.

 

[southalabama]

Back when I was looking at Grizzly they were all Taiwanese. Wasn’t any Chinese that I recalled seeing. It’s been a while. Time flies.

 

[Firebrick43]

Back when I was looking at Grizzly they were all Taiwanese. Wasn’t any Chinese that I recalled seeing. It’s been a while. Time flies.

They have had Chinese machines when I started looking at their catalog about the time I graduated in 99

 

[Snapped-off]

Are they comparable to Jet?

 

[Firebrick43]

Are they comparable to Jet?

Some are better, some are worse, some are about the same. Depends on the machine type, depends on the Jet to as they don't make most of their own stuff either, and some it it ok and some is plain junk.

 

[Sumboodie]

At least we can still count on the Costco hotdog holding firm

Sure if you need 50lbs of hotdogs!

 

[southalabama]

They have had Chinese machines when I started looking at their catalog about the time I graduated in 99

I was looking late 80’s early 90’s. Don’t recall any Chinese stuff then. May have been but I’ve been a lot of miles since then.

***** getting old. Seems like yesterday except you can’t remember.

 

[Renegade1LI]

I bought a Griz G4003 metal lathe, made in china, zero issues, I have a G0613 bandsaw made in taiwan, zero issues, same with my G0513 wood bandsaw. I will continue to buy their products.

 

[mike93lx]

This is an interesting move and one that will certainly get them a lot of press in the right places.

Container shipping did get to a special level of stupid for a while and is better, although no where close to what it used to be.

 

[rharman]

This is an interesting move and one that will certainly get them a lot of press in the right places.

Container shipping did get to a special level of stupid for a while and is better, although no where close to what it used to be.

They noted that, just over a year ago, they were paying about $3500/container.
At one point since then, their cost went as high as $25,000/container.

 

[corn chip]

Are they comparable to Jet?

specifically what jet machine are you asking about ? the drill presses are terrible but thats to be expected given the price. a HF hand drill would likely make a straighter hole

 

[mike93lx]

They noted that, just over a year ago, they were paying about $3500/container.
At one point since then, their cost went as high as $25,000/container.

Yeah, that's why I was mentioning it

 

[Snapped-off]

specifically what jet machine are you asking about ? the drill presses are terrible but thats to be expected given the price. a HF hand drill would likely make a straighter hole

Nothing specific. Ive never heard of Grizzly Tools before. I thought the price of tobacco went down when I saw the thread title.

They sound similar to jet though. Both sell offshore equipment.

 

[tarbellb]

Grizzly is like Jet just without the mark up and likely a better tool

 

[genog]

At least we can still count on the Costco hotdog holding firm

Can we?
I sure hope so!
$1.50 for a hotdog and soda is most probably unbeatable

I went over for a hotdog once and darn near left with a big screen tv
I think I'm going back for that tv..... and another hotdog

 

[mike93lx]

Can we?

Yes

If Costco Raises Hot Dog Prices, Its Founder Might Have to Kill Someone

Some Costco food court items are getting more expensive. Are its precious hot dogs next?

thetakeout.com

 

[Ton ton]

Read an email from Grizzly tools this morning that said they are reducing list prices as there costs are coming down. I think that’s the first company I’ve heard do that and send an email explaining it. Wether you like them or not that’s positive sign, a little good news.

Thank you for sharing. I don't seem to hear much about grizzly on garage journal.

 

[GeoBruin]

Thank you for sharing. I don't seem to hear much about grizzly on garage journal.

I think part of that is that nobody brags about their Grizzly tools. Probably a lot more people own them than let on. For my part, I own or have owned several Grizzly machines and I have no complaints. Fit and finish can be hit or miss but they have always functioned as intended and the price has allowed me to dip my toe into things that I might not otherwise have tried.

This is of course purely anecdotal but I have dealt with a local guy that buys machines at auctions and estate sales and rebuilds them to resell. Of all the fancy old American Iron he comes up with, he insists that Grizzly machines are some of his favorites. I think part of it is they actually do a decent job with their documentation so he can probably easily track down manuals and potentially parts for machines where I'm sure he struggles with older US built machines that are long out of production.

 

[dscheidt]

I think part of that is that nobody brags about their Grizzly tools. Probably a lot more people own them than let on. For my part, I own or have owned several Grizzly machines and I have no complaints. Fit and finish can be hit or miss but they have always functioned as intended and the price has allowed me to dip my toe into things that I might not otherwise have tried.

This is of course purely anecdotal but I have dealt with a local guy that buys machines at auctions and estate sales and rebuilds them to resell. Of all the fancy old American Iron he comes up with, he insists that Grizzly machines are some of his favorites. I think part of it is they actually do a decent job with their documentation so he can probably easily track down manuals and potentially parts for machines where I'm sure he struggles with older US built machines that are long out of production.

Grizzly's part support is great. they clearly document stuff, including dimensions of some things, so you can figure out if it's the right part. And they have stock of parts, reasonably priced. I've used parts from them to repair a couple machines sold by others, because the manuals made it clear their part would fit.

The only grizzly sold machine I own (a small hollow chisel mortiser) is a bit trashy. But I expected that, it was half the price of anything else.

 

[jar944]

This is of course purely anecdotal but I have dealt with a local guy that buys machines at auctions and estate sales and rebuilds them to resell. Of all the fancy old American Iron he comes up with, he insists that Grizzly machines are some of his favorites. I think part of it is they actually do a decent job with their documentation so he can probably easily track down manuals and potentially parts for machines where I'm sure he struggles with older US built machines that are long out of production.

I'd argue the other way with old American iron being better but it's a bit of apples to oranges. If parts availability is a concern there's no contest that new(ish) tools with a parts depth are much better than old tools from companies they went out of business in the 1950s.

If you dont need parts...

 

[Renegade1LI]

I have no issue talking about the griz stuff I have, I have had good luck with all the machines. I have had a pm66 griz knock off in the shop for 15 years, mostly for refacing conc forms, still cuts great & parts are still available.

 

[PugetDude]

Very interesting video interview with the founder of Grizzly. Guy is a great American success story, IMO.

 

[GeoBruin]

Very interesting video interview with the founder of Grizzly. Guy is a great American success story, IMO.

Didn't click on the link expecting to watch the whole thing but I'll be darned if I didn't. Great story.

 

[DocsMachine]

Thank you for sharing. I don't seem to hear much about grizzly on garage journal.

-I've had a Grizzly Bridgeport clone as my main milling machine for coming up on twenty years. It's one of their earlier Taiwanese makes, made by the same people (I'm pretty sure) that Hardinge themselves licensed to make Bridgeport copies, and is, near as I can tell, a bolt-for-bolt clone.

It's never given me a lick of trouble, has needed zero repairs, can hold a thou all day long if I do my job, and has been used very close to daily since I set it up in early 2003.

And I started this biz with a Jet mill-drill, and a Griz 9x20 lathe. Worst problem I had with the lathe was one of the plastic pulleys walked on the shaft a bit and ate the little drive belt. Griz sent me a new one, and I ordered two more. Still had the unused two when I sold it.

I'll gladly admit I'm a fan of older American lathes, and prefer them if I have the opportunity, but if I had to start a new shop from scratch, and be back up and running as soon as possible? I'd have no issues at all with getting a set of midrange Grizzlies.

Doc.