Fred Bohl
Retired Engineer
Nat,
Yes Crucible Materials Corp. filled for bankruptcy May 6, 2009 and shut down shortly there after. The Syracuse operations were purchased and reopened as Crucible Industries LLC on November 18, 2009 with the former products becoming available based on the demand. They announced a 3% increase in the price of stainless steel bar products April 23rd "due to increased demand as restocking to former inventory levels continues".
Back last May their Milwaukee service center told me that they had a large inventory of 416R bar to support the barrel makers and further that the barrel makers had significantly increased their own inventories in light of the announced bankruptcy.
It concerns me that the long idle period and slow ramp-up could lead to quality issues for a while. However I am not a barrel maker and would also like to see the comments on the situation from the barrel makers. Particularly John Krieger (Krieger Barrels) and Frank Green (Bartlein barrels).
Yes Crucible Materials Corp. filled for bankruptcy May 6, 2009 and shut down shortly there after. The Syracuse operations were purchased and reopened as Crucible Industries LLC on November 18, 2009 with the former products becoming available based on the demand. They announced a 3% increase in the price of stainless steel bar products April 23rd "due to increased demand as restocking to former inventory levels continues".
Back last May their Milwaukee service center told me that they had a large inventory of 416R bar to support the barrel makers and further that the barrel makers had significantly increased their own inventories in light of the announced bankruptcy.
It concerns me that the long idle period and slow ramp-up could lead to quality issues for a while. However I am not a barrel maker and would also like to see the comments on the situation from the barrel makers. Particularly John Krieger (Krieger Barrels) and Frank Green (Bartlein barrels).