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Pentair to sell tool division: Delta, Porter-Cable
Pentair has hired Goldman Sachs to sell its tool division. Brand names
include Delta, Porter-Cable, DeVilbiss Air Power, and Oldham Saw. Pentair is selling because the tool divison only generates 10% margins vs 13% for their water systems. I'll bet this will be the last gasp for Made in the USA Delta and Porter-Cable products. A new buyer would probably move Unisaw production overseas to increase margins. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
"Brian Elfert" wrote in message ... Pentair has hired Goldman Sachs to sell its tool division. Brand names include Delta, Porter-Cable, DeVilbiss Air Power, and Oldham Saw. Pentair is selling because the tool divison only generates 10% margins vs 13% for their water systems. I'll bet this will be the last gasp for Made in the USA Delta and Porter-Cable products. A new buyer would probably move Unisaw production overseas to increase margins. Man that sucks. I hate to see changes coming like this since I really like Delta and Porter Cable products. On the positive side, they may be able to offer the same quality of tools at a lower price and still get a better margin for themselves with oversees production. Frank |
Pentair to sell tool division: Delta, Porter-Cable
On the positive side, they may be able to
offer the same quality of tools at a lower price and still get a better margin for themselves with oversees production. Ya true and the hell with the folks working the Delta PC production lines, they never bought what you had to sell anyway. (I really should throw in a smiley face with my comment, but this is all too serious.) -- Rumpty Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start - - - - - - - - - - - - - - - - - - - - - |
Pentair to sell tool division: Delta, Porter-Cable
"Frank Ketchum" wrote in message link.net... "Brian Elfert" wrote in message ... Pentair has hired Goldman Sachs to sell its tool division. Brand names include Delta, Porter-Cable, DeVilbiss Air Power, and Oldham Saw. Pentair is selling because the tool divison only generates 10% margins vs 13% for their water systems. I'll bet this will be the last gasp for Made in the USA Delta and Porter-Cable products. A new buyer would probably move Unisaw production overseas to increase margins. Man that sucks. I hate to see changes coming like this since I really like Delta and Porter Cable products. On the positive side, they may be able to offer the same quality of tools at a lower price and still get a better margin for themselves with oversees production. Frank Pigs might fly Jon~ |
Pentair to sell tool division: Delta, Porter-Cable
More jobs heading over seas. I'd like to see one of these presidential
candidates push for a buy American movement. Remove the 'remove' in my address to e:mail me. |
Pentair to sell tool division: Delta, Porter-Cable
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Pentair to sell tool division: Delta, Porter-Cable
On Wed, 4 Feb 2004 08:38:06 -0500, "Rumpty"
wrote: |On the positive side, they may be able to |offer the same quality of tools at a lower price and still get a better |margin for themselves with oversees production. | |Ya true and the hell with the folks working the Delta PC production lines, |they never bought what you had to sell anyway. (I really should throw in a |smiley face with my comment, but this is all too serious.) Maybe the employees should consider buying the company themselves. They get to keep their jobs and it might even increase their market share. |
Pentair to sell tool division: Delta, Porter-Cable
"Brian Elfert" wrote in message ... emove (SteveC1280) writes: We all need to become auto or truck mechanics. They can't exactly send a car or truck to India for repair. They can fly airplanes overseas for overhaul, so don't become an airplane mechanic. Even though manufacturing is leaving this country at an alarming rate, some say not to worry since the services sector is growing so fast. The implication is that the GDP can remain at the same level even though more and more manufacturing is lost. This kind of thinking troubles me. Do we really want to be a country that is incapable of manufacturing anything? Just how much potential is there in the services sector? Frank |
Pentair to sell tool division: Delta, Porter-Cable
If Bush REALLY wanted to help the economy, he would ONLY give us a tax
cut when we submit PROOF that we bought that much in American Made products. Not "assembled" but MADE in the USA. That would help. I have been looking for a job for almost a year. I am a college graduate and am having to compete with people who have written grants and published for $22,000 a year jobs. When they show up (rarely). That's a "good" economy? Of course, this is Arkansas. On 04 Feb 2004 14:41:04 GMT, emove (SteveC1280) wrote: More jobs heading over seas. I'd like to see one of these presidential candidates push for a buy American movement. Remove the 'remove' in my address to e:mail me. |
Pentair to sell tool division: Delta, Porter-Cable
Does this mean there may be more Indians than Chiefs? Unbelieveable.
On Wed, 04 Feb 2004 16:03:50 GMT, "Frank Ketchum" wrote: "Brian Elfert" wrote in message m... emove (SteveC1280) writes: We all need to become auto or truck mechanics. They can't exactly send a car or truck to India for repair. They can fly airplanes overseas for overhaul, so don't become an airplane mechanic. Even though manufacturing is leaving this country at an alarming rate, some say not to worry since the services sector is growing so fast. The implication is that the GDP can remain at the same level even though more and more manufacturing is lost. This kind of thinking troubles me. Do we really want to be a country that is incapable of manufacturing anything? Just how much potential is there in the services sector? Frank |
Pentair to sell tool division: Delta, Porter-Cable
I believe that has already happened... Import automobiles have a heavy tax
burden that brings the prices more in line with the American built cars. "SteveC1280" wrote in message ... More jobs heading over seas. I'd like to see one of these presidential candidates push for a buy American movement. Remove the 'remove' in my address to e:mail me. |
Pentair to sell tool division: Delta, Porter-Cable
"Frank Ketchum" writes:
We all need to become auto or truck mechanics. They can't exactly send a car or truck to India for repair. They can fly airplanes overseas for overhaul, so don't become an airplane mechanic. Even though manufacturing is leaving this country at an alarming rate, some say not to worry since the services sector is growing so fast. The implication is that the GDP can remain at the same level even though more and more manufacturing is lost. This kind of thinking troubles me. Do we really want to be a country that is incapable of manufacturing anything? Just how much potential is there in the services sector? I don't like all the manufacturing jobs going overseas, but it is happening. I try to buy USA made where possible but some stuff is almost impossible to find made in the USA. I can't always afford to spend a day or two trying to find an item made in the USA. In another decade or so, we won't have any IT jobs left in the USA. Everything will be farmed out to India. With the Internet, all the servers will get moved to India. The only computers left in the USA will be desktops that are maintained by a very small workforce. I fully expect to be out of a job in 5 to 10 years as server administration gets farmed out overseas to save money. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
"Leon" writes:
I believe that has already happened... Import automobiles have a heavy tax burden that brings the prices more in line with the American built cars. Even if there is a tax burden, Korean built cars are still less expensive than USA built cars, at least on the low end. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
On 04 Feb 2004 15:24:02 GMT, Brian Elfert wrote:
We all need to become auto or truck mechanics. They can't exactly send a car or truck to India for repair. They can fly airplanes overseas for overhaul, so don't become an airplane mechanic. Brian Elfert hell, if they're sending handsaws to japan to be sharpened,(apparently 'cause us 'murricanz is too dumb to do it) sending your car to singapore for a tune up can't be far off. Bridger |
Pentair to sell tool division: Delta, Porter-Cable
Bridger writes:
hell, if they're sending handsaws to japan to be sharpened,(apparently 'cause us 'murricanz is too dumb to do it) sending your car to singapore for a tune up can't be far off. Yes, sir, we can get your car tuned up in India for only $5. The bad news is that shipping will be $600 and your car will be gone for five weeks. I doubt anyone is sending a handsaw to Japan for sharpening to save money. Wages there are as just as high as here. The Japanese can probably do a better job and shipping a hand saw is pretty darn cheap compared to a car. Brian Ekfert |
Pentair to sell tool division: Delta, Porter-Cable
On 04 Feb 2004 17:42:54 GMT, Brian Elfert wrote:
Bridger writes: hell, if they're sending handsaws to japan to be sharpened,(apparently 'cause us 'murricanz is too dumb to do it) sending your car to singapore for a tune up can't be far off. Yes, sir, we can get your car tuned up in India for only $5. The bad news is that shipping will be $600 and your car will be gone for five weeks. I doubt anyone is sending a handsaw to Japan for sharpening to save money. Wages there are as just as high as here. The Japanese can probably do a better job and shipping a hand saw is pretty darn cheap compared to a car. Brian Ekfert yeah, but for the tune up all we have to ship are the engine and brakes. the rest gets parked in a container somewhere.... G |
Pentair to sell tool division: Delta, Porter-Cable
Don't forget the USA 14" Bandsaw. I was thinking of eventually
selling my Jet and buying that one, since they take the same blades and my Jet has broken down and doesn't seem as well built. Joe Pentair is selling because the tool divison only generates 10% margins vs 13% for their water systems. I'll bet this will be the last gasp for Made in the USA Delta and Porter-Cable products. A new buyer would probably move Unisaw production overseas to increase margins. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
I guess the point I was trying to make is that if people are forced to
choose one product over another, they will resent it. Build a better product at a competitive price and you will not need the government to heavily tax items that we want to buy. "Brian Elfert" wrote in message ... "Leon" writes: I believe that has already happened... Import automobiles have a heavy tax burden that brings the prices more in line with the American built cars. Even if there is a tax burden, Korean built cars are still less expensive than USA built cars, at least on the low end. Brian Elfert |
Shipping job oversears & bringing workers here??
If Bush doesn't care about keeping jobs in America, why is he opening up the
gates so foreigners can take the jobs we have left? "Lawrence A. Ramsey" wrote in message ... If Bush REALLY wanted to help the economy, he would ONLY give us a tax cut when we submit PROOF that we bought that much in American Made products. Not "assembled" but MADE in the USA. That would help. I have been looking for a job for almost a year. I am a college graduate and am having to compete with people who have written grants and published for $22,000 a year jobs. When they show up (rarely). That's a "good" economy? Of course, this is Arkansas. On 04 Feb 2004 14:41:04 GMT, emove (SteveC1280) wrote: More jobs heading over seas. I'd like to see one of these presidential candidates push for a buy American movement. Remove the 'remove' in my address to e:mail me. |
Shipping job oversears & bringing workers here??
"Walker" wrote in message ... If Bush doesn't care about keeping jobs in America, why is he opening up the gates so foreigners can take the jobs we have left? What jobs? Picking crops, mowing lawns that most of us here don't want to do? |
Pentair to sell tool division: Delta, Porter-Cable
Brian, as a professional programmer I will echo your sentiments. Things
I've made my living on the past 25 years are now being done in India. If you'd have told me back then that I was making a bad career choice, I'd have ask you what planet you're from. Back on topic - I like Wes's idea a few posts back. Isn't there at least a couple of employee owned airlines that are doing pretty well? Why not a tool company ? jim bailey "Brian Elfert" wrote in message ... "Frank Ketchum" writes: In another decade or so, we won't have any IT jobs left in the USA. Everything will be farmed out to India. With the Internet, all the servers will get moved to India. The only computers left in the USA will be desktops that are maintained by a very small workforce. I fully expect to be out of a job in 5 to 10 years as server administration gets farmed out overseas to save money. Brian Elfert |
Shipping job oversears & bringing workers here??
On Wed, 04 Feb 2004 19:27:31 GMT, "Edwin Pawlowski"
wrote: "Walker" wrote in message ... If Bush doesn't care about keeping jobs in America, why is he opening up the gates so foreigners can take the jobs we have left? What jobs? Picking crops, mowing lawns that most of us here don't want to do? hate to burst your bubble here BUT they are and have been over the past few years taking jobs from plummers, electritions, framers, trim people, hardware installers, firemen, policemen, tile setters, flooring installers, ect. ect. ect..........all forms of construction are being performed by illegals and our manufacturing and textile jobs are being moved overseas because of our gov. doing away with tariffs and greedy execs seeing larger profit margins for themselves. oh BTW lets not forget all the HIGH TECK jobs leaving for dirt cheep wages too! sorry but they aint just mowing lawns and picking crops anymore. skeez |
Pentair to sell tool division: Delta, Porter-Cable
On Wed, 04 Feb 2004 16:03:50 GMT, "Frank Ketchum"
wrote: "Brian Elfert" wrote in message m... emove (SteveC1280) writes: We all need to become auto or truck mechanics. They can't exactly send a car or truck to India for repair. They can fly airplanes overseas for overhaul, so don't become an airplane mechanic. Even though manufacturing is leaving this country at an alarming rate, some say not to worry since the services sector is growing so fast. The implication is that the GDP can remain at the same level even though more and more manufacturing is lost. This kind of thinking troubles me. Do we really want to be a country that is incapable of manufacturing anything? Just how much potential is there in the services sector? Frank they wont worry bout it till its thier jobs that are lost and they have to downsize that great big high dollar house they bought. does anyone realy think they will be able to afford to live here in the style they have become accustomed to on the wages that are paid for services????? i think not. skeez |
Pentair to sell tool division: Delta, Porter-Cable
On Wed, 04 Feb 2004 19:54:49 GMT, "Jim Bailey"
wrote: Brian, as a professional programmer I will echo your sentiments. Things I've made my living on the past 25 years are now being done in India. If you'd have told me back then that I was making a bad career choice, I'd have ask you what planet you're from. Back on topic - I like Wes's idea a few posts back. Isn't there at least a couple of employee owned airlines that are doing pretty well? Why not a tool company ? jim bailey "Brian Elfert" wrote in message m... "Frank Ketchum" writes: In another decade or so, we won't have any IT jobs left in the USA. Everything will be farmed out to India. With the Internet, all the servers will get moved to India. The only computers left in the USA will be desktops that are maintained by a very small workforce. I fully expect to be out of a job in 5 to 10 years as server administration gets farmed out overseas to save money. Brian Elfert i will second that! i am not in the IT feild. I am in construction so its different. my job is not going overseas but all the imigrants are taking the construction jobs now because they are willing to work cheap. wages are dropping because of this but the cost of living is not dropping is it? i dont pretend to have the answers but at this rate WE will be the poor country and the poor countries will be the rich ones. think about it. skeez |
Pentair to sell tool division: Delta, Porter-Cable
" writes:
i will second that! i am not in the IT feild. I am in construction so its different. my job is not going overseas but all the imigrants are taking the construction jobs now because they are willing to work cheap. wages are dropping because of this but the cost of living is Some immigrants do great work, but some of them produce crap. My friend owns a house in Atlanta built mostly by immigrants. It is the shoddiest work you have ever seen. Almost everything has been redone at least once. My friend has spent 10s of thousands on repairs to a new house. Last I heard, the stucco was being replaced because no expansion joints were used. I worked with a group of Hmong cutting grass in the 80s. They expended more effort figuring out how not to do work than actually working. Luckily, it was a drought year and there wasn't any grass to cut. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
I just read about this too.
Check out these links to see the full story... http://www.startribune.com/stories/535/4357008.html and... http://www.smartmoney.com/bn/ON/inde...04-000662-0923 I am curious to see what develops from here. Dusty "A man without a wife is like a fish without a bicycle." unknown |
Pentair to sell tool division: Delta, Porter-Cable
On 04 Feb 2004 20:43:44 GMT, Brian Elfert wrote:
" writes: i will second that! i am not in the IT feild. I am in construction so its different. my job is not going overseas but all the imigrants are taking the construction jobs now because they are willing to work cheap. wages are dropping because of this but the cost of living is Some immigrants do great work, but some of them produce crap. My friend owns a house in Atlanta built mostly by immigrants. It is the shoddiest work you have ever seen. Almost everything has been redone at least once. My friend has spent 10s of thousands on repairs to a new house. Last I heard, the stucco was being replaced because no expansion joints were used. I worked with a group of Hmong cutting grass in the 80s. They expended more effort figuring out how not to do work than actually working. Luckily, it was a drought year and there wasn't any grass to cut. Brian Elfert yeh BUT for the most part contractors today arent realy interested in quality. the main concern seems to be how fast can you do it and how much is it gonna cost? when 5 illegals can go in and knock it out in 1 1/2 - 2 hours and it will take me most of a day to do it right by myself and they cut my prices by 40% chances are they will get the work. the prospective home buyer wont see all the crap because he or she wont know what to look for so quality doesnt count. its a sad state of affairs but that seems to be the way the industry is going. skeez |
Pentair to sell tool division: Delta, Porter-Cable
"Brian Elfert" wrote in message Some immigrants do great work, but some of them produce crap. My friend owns a house in Atlanta built mostly by immigrants. It is the shoddiest work you have ever seen. Brian Elfert Your family makes crap? Unless you are an American Indian, your forefathers were immigrants. The head of our space program that put a man on the moon is an immigrant. More examples available if needed. Ed |
Pentair to sell tool division: Delta, Porter-Cable
"Edwin Pawlowski" writes:
"Brian Elfert" wrote in message Some immigrants do great work, but some of them produce crap. My friend owns a house in Atlanta built mostly by immigrants. It is the shoddiest work you have ever seen. Brian Elfert Your family makes crap? Unless you are an American Indian, your forefathers were immigrants. I think everyone knows what I meant. I guess I should have said illegal immigrants or recent immigrants. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
It seems to me that we in the US are getting very close to being a
colony of Asia. Or are we already? RB Brian Elfert wrote: Pentair has hired Goldman Sachs to sell its tool division. Brand names include Delta, Porter-Cable, DeVilbiss Air Power, and Oldham Saw. Pentair is selling because the tool divison only generates 10% margins vs 13% for their water systems. I'll bet this will be the last gasp for Made in the USA Delta and Porter-Cable products. A new buyer would probably move Unisaw production overseas to increase margins. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
RB writes:
It seems to me that we in the US are getting very close to being a colony of Asia. Or are we already? I'm positive the value of everything manufactured in the USA far, far exceeds the value of everything manufactured in Asia that is imported. It just seems like everything is being made in Asia because so many household goods are made there. You and I don't see the made in the USA labels on lots of things because they are buried inside other things we buy. There isn't a made in the USA label on a Boeing jet, yet they are made right here in the USA. Brian Elfert |
Pentair to sell tool division: Delta, Porter-Cable
Brian Elfert wrote:
RB writes: It seems to me that we in the US are getting very close to being a colony of Asia. Or are we already? I'm positive the value of everything manufactured in the USA far, far exceeds the value of everything manufactured in Asia that is imported. It just seems like everything is being made in Asia because so many household goods are made there. You and I don't see the made in the USA labels on lots of things because they are buried inside other things we buy. There isn't a made in the USA label on a Boeing jet, yet they are made right here in the USA. I thought they had large sections of fuselage sub contracted out to China? -Bruce Brian Elfert -----= Posted via Newsfeeds.Com, Uncensored Usenet News =----- http://www.newsfeeds.com - The #1 Newsgroup Service in the World! -----== Over 100,000 Newsgroups - 19 Different Servers! =----- |
Pentair to sell tool division: Delta, Porter-Cable
So were theirs. Purely a case of date.
"Edwin Pawlowski" wrote in message ... Your family makes crap? Unless you are an American Indian, your forefathers were immigrants. |
Pentair to sell tool division: Delta, Porter-Cable
BruceR writes:
Brian Elfert wrote: RB writes: It seems to me that we in the US are getting very close to being a colony of Asia. Or are we already? I'm positive the value of everything manufactured in the USA far, far exceeds the value of everything manufactured in Asia that is imported. It just seems like everything is being made in Asia because so many household goods are made there. You and I don't see the made in the USA labels on lots of things because they are buried inside other things we buy. There isn't a made in the USA label on a Boeing jet, yet they are made right here in the USA. I thought they had large sections of fuselage sub contracted out to China? Assembled in America. Something better than 50% of the 777 and probably more like 65% of the 7E7 are/will be built by foreign contractors (Japan and Europe being the largest). scott |
Pentair to sell tool division: Delta, Porter-Cable
Not so sure about other employee-owned outfits, but I do know that the state
employee unions and our teachers' union members would rather see their "brothers" laid off than forego their raises in a time of tight money. What was it the beggar said to Tev'e in Fiddler on the roof, when given one kopeck? "One kopeck, last week you gave me two kopecks." "I had a bad week." "Because you had a bad week, I should suffer?" "Jim Bailey" wrote in message news:d6cUb.16258 Back on topic - I like Wes's idea a few posts back. Isn't there at least a couple of employee owned airlines that are doing pretty well? Why not a tool company ? |
Pentair to sell tool division: Delta, Porter-Cable
Brian Elfert wrote:
I think everyone knows what I meant. I guess I should have said illegal immigrants or recent immigrants. Well Hell then, why not jump to the chase and just say spics, greasers, or wetbacks? "Then" we'd all know what it is "you" meant. UA100 |
Pentair to sell tool division: Delta, Porter-Cable
I'm wondering, Nahmie sponsored by Jet?
UA100 |
Shipping job oversears & bringing workers here??
Walker wrote:
If Bush doesn't care about keeping jobs in America, why is he opening up the gates so foreigners can take the jobs we have left OOOOOOOOOOOOOOOOOOOO!!!! I know this one! PURPLE!!! UA100 |
Pentair to sell tool division: Delta, Porter-Cable
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