lgrande
 Advanced Beginner MT USA Member since 1/18/12 Posts: 1053 |
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Date: 1/14/13 3:07 PM Schmetz files for bankruptcy ------ Linda
Bernina 830LE
Bernina B530
Janome 6600P
Pfaff 1209
Babylock Evolution
Janome 644D |
quiltingwolf
Advanced MD USA Member since 12/15/02 Posts: 5026 |
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 1 member likes this.
Date: 1/14/13 3:17 PM Did you see the date on the article, 2 years ago and their needles are still in the stores. So maybe the recovered or someone brought them and kept the name? These are the only needles I've used for years. -- Edited on 1/14/13 3:18 PM -- ------ quiltingwolf.blogspot.com |
lgrande
 Advanced Beginner MT USA Member since 1/18/12 Posts: 1053 |
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In reply to quiltingwolf <<  1 member likes this.
Date: 1/14/13 3:25 PM I did see that. Just thought it was so interesting.
I have loads of their needles and they've always worked well for me too.
I just hope that the company has resolved their issues and will continue.
Since viewing the Superior Thread Therapy DVD, I've begun exclusively using their Organ Topstitch Needles.
According to them, all you need for your machine are four sizes of the Totstitch needles.
I've had excellent results with them. I love when things are simplified. ------ Linda
Bernina 830LE
Bernina B530
Janome 6600P
Pfaff 1209
Babylock Evolution
Janome 644D |
andye
 Beginner VA USA Member since 5/9/09 Posts: 1534 |
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Date: 1/14/13 3:29 PM It's been a couple of years, and schmetz needles are still being sold. |
PattiAnnJ
 Advanced OH USA Member since 12/3/06 Posts: 5000 |
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 1 member likes this. Date: 1/14/13 5:26 PM There are different types of bankruptcy. One provides restructuring the company. |
SandiMacD
 Intermediate FL USA Member since 2/8/09 Posts: 1055 |
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Date: 1/15/13 4:31 AM Yea, the restructuring is fairly common. They merge, buy cheap parts outside US, lower costs, make inferior product under same name, customer grows wary, they go under, restructure, move labor overseas, change parts again, etc.
So confusing... ------ re-living my youth through sewing... |
andye
 Beginner VA USA Member since 5/9/09 Posts: 1534 |
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 1 member likes this. Date: 1/15/13 12:52 PM underhanded companies may also use bankruptcy to void a union contract. |
rfsews
Beginner CA USA Member since 11/21/06 Posts: 140 |
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Date: 1/15/13 1:54 PM Are Schmetz needles still made in Germany? I noticed that the older batches I had were all German made but the newer ones from last few years were made in Mexico. I wonder if the company restructure changed the manufacturing plants? |
PattiAnnJ
 Advanced OH USA Member since 12/3/06 Posts: 5000 |
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Date: 1/15/13 6:18 PM No one said the co restructured, just that it is one of several types of bankruptcy. |