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Steve Cockerham
 
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Default An opinion article on Asian machine tools-----

How about an opion on the new Jet lathes?



"turnitdown" wrote in message
hlink.net...
The ENCO story was a classic- they got started much like JET by buying low
cost Japanese stuff after the war, then expanded to Taiwanese and Chinese.
However the children of the ENCO founder had no interest in tools and the
company stagnated for some time until the founder died and the kids sold

out
to MSC and took their cash off to some rich kids paradise where latte's

are
served 24/7.

Please note the date at the end of the article (mar 96) a lot has
changed since then including (i believe) the ownership of Enco.
Regards
Bob


Correct Enco was purchased by MSC in 1998 when the owner of
Enco died.

Best Regards
Tom.