By continuing to use this site, you agree to our use of cookies. Find out more
Forum sponsored by:
Forum sponsored by Forum House Ad Zone

What happened to the Myford sale thread?

All Topics | Latest Posts

Search for:  in Thread Title in  
KMP20/07/2011 13:32:12
73 forum posts
2 photos
Ian, I’m sure that the workforce would not have jumped at the prospect of major change, not many do without the right leadership and sense of involvement in the process.
The issue I’m sure is one of lack of foresight and major investment. Not in the last few years either, major investment in new tooling and a move to increase their production numbers was required 25 years ago at least. The sad thing to me is that a Myford with a couple of “improvements” and built on the modern production machinery could retain the quality and cost much less to produce. In fact he final workforce size (20 or so?) could be a major player with the right tooling even based in the UK. The reason I say that is the power of the Myford name before this last week; an updated S7 selling for £3 - 4K and with the possibility of a CNC retro fit pack, would still have sold very well in today’s market. Great pity but there we go. Hindsight is easy of course.
 
Best regards Keith
Chris Trice20/07/2011 14:14:43
avatar
1376 forum posts
10 photos
I'm a great fan of Myford as most have probably gathered but there were at least three things that as a customer, I found irritating. Firstly, if you ordered something, even though it was in stock (and I would ask), it would still often take over a week before it was shipped. As a semi pro user, I often couldn't wait that long. Secondly, and this is a throwback to the 19th century, the whole factory would close as everyone went on holiday at the same time. Again this meant waiting too long for anything ordered around that period, an often intolerable situation not often encountered in modern times. Thirdly, at least twice I made a special trip to the factory on a Saturday morning to buy things and the stores were closed when they were supposed to be open. On the second occasion, I found a fitter in the main building who said that the stores guy had gone early because he had some shopping he wanted to do. I was not amused. The product was good but the customer service could definitely have done with a good shake up.
Robbo20/07/2011 19:23:49
1504 forum posts
142 photos
Re Bed and Saddle re-grinding. There is a chap advertises on the www.homeworkshop.org.uk website, hasn't got an ad on at present, so you'll have to look for it, and I can't remember his name either. Come on, I am 70 years old!
 
Phil
David Clark 120/07/2011 19:25:10
avatar
3357 forum posts
112 photos
10 articles
Hi There
5 brand new Myfords on Ebay at the moment.
regards David
 
Chris Trice20/07/2011 21:52:07
avatar
1376 forum posts
10 photos
A lot more now, milling machines too. The big sell off has started.
John Stevenson20/07/2011 23:07:23
avatar
5068 forum posts
3 photos
Anything that doesn't sell will be going into a public auction in about 4 weeks.
This from the asset management people on Monday when I was down there.
 
John S.
Robbo20/07/2011 23:13:30
1504 forum posts
142 photos
I see that these are all from a new ebay seller called "myfordlathes" who joined ebay on Monday 18th Jul and hasn't yet sold anything. All the pictures are of the machines in the hall at Wilmott Lane.
See John S post above
Phil
Chris Trice21/07/2011 09:37:50
avatar
1376 forum posts
10 photos
News of when and where the public auction is happening would be welcome.
Andrew Evans21/07/2011 09:41:33
366 forum posts
8 photos
Going by the capitalist premise that an item is worth what a person is willing to pay. It would be interesting to work out the true value of a new Myford lathe by letting these items sell on eBay as an auction with no reserve rather than ' buy it now'.

If that did happen any guesses on the final sale price?
Carl O'Brian21/07/2011 09:45:01
7 forum posts
Just noticed lots of lathes appearing on Ebay for 'Buy it Now' or 'Best Offer'.
Here is the link.
KWIL21/07/2011 09:56:50
3681 forum posts
70 photos
This site is displaying the "Myford" logo which I understand is the property of RGD since RDG bought the IP rights.
 
If "myfordlathes" is not RGD, "myfordlathes" is guilty of passing off, the very offence that the real original Myford was legally attacking others recently.
Martin W21/07/2011 10:27:08
940 forum posts
30 photos
Hi
 
Of course it may be perfectly above board and it is only the disposal company trying to get 'best value' for Myford's prior to the public auction by offering the stock to a much wider audience than would attend a local auction at Myfords.
 
Just a thought.
 
Cheers
 
Martin
David Clark 121/07/2011 10:56:47
avatar
3357 forum posts
112 photos
10 articles
Hi Andrew
That would only work if the auctions were for one at a time.
regards David
 
WALLACE21/07/2011 12:20:52
304 forum posts
17 photos
Just wonder how much MyFord.co.u.k might be worth to a large car maker of a similar name !
 
Certainly worth the effort of changing to Myfordlathe.co.uk I would have thought . . . .
 
W.
David Clark 121/07/2011 12:30:49
avatar
3357 forum posts
112 photos
10 articles
I think the asset management copy are negotiating.
I would want a couple of million for it.
regards David
 
Bob Lamb21/07/2011 16:49:50
avatar
140 forum posts
51 photos
It seems to me that the people selling the Myford lathes on ebay would be far more likely to achieve the best prices if they included rather more detail than there is at present. 1 or 3 phase would be a start together with whether the machines are metric or imperial. Just a thought. Bob
Carl O'Brian21/07/2011 16:52:42
7 forum posts
Posted by Bob Lamb on 21/07/2011 16:49:50:
It seems to me that the people selling the Myford lathes on ebay would be far more likely to achieve the best prices if they included rather more detail than there is at present. 1 or 3 phase would be a start together with whether the machines are metric or imperial. Just a thought. Bob

Hi Bob
 
I asked a couple of questions on a few items and they have replied providing me with the details I needed so might be worth a go?
 
 
Bob Lamb21/07/2011 17:11:25
avatar
140 forum posts
51 photos
I'll give it a go tomorrow Carl - thanks
Chris Trice21/07/2011 19:09:43
avatar
1376 forum posts
10 photos


Posted by KWIL on 21/07/2011 09:56:50:

This site is displaying the "Myford" logo which I understand is the property of RGD since RDG bought the IP rights.

If "myfordlathes" is not RGD, "myfordlathes" is guilty of passing off, the very offence that the real original Myford was legally attacking others recently.


It would be for RDG to take offence and any legal action, which under the circumstances would seem a little uncharitable given that it's not going to be an ongoing thing or competing with them in the future. In fact it'll put more lathes out there and the opportunity for RDG to sell more spares and accessories. IP owners aren't obliged to press home their rights and keeping a good working relationship with "Myfordlathes" may be beneficial during this sale period than getting all uptight about it.
Chris Trice21/07/2011 19:11:36
avatar
1376 forum posts
10 photos
.... and welcome to the forum Alan.

All Topics | Latest Posts

Please login to post a reply.

Magazine Locator

Want the latest issue of Model Engineer or Model Engineers' Workshop? Use our magazine locator links to find your nearest stockist!

Find Model Engineer & Model Engineers' Workshop

Sign up to our Newsletter

Sign up to our newsletter and get a free digital issue.

You can unsubscribe at anytime. View our privacy policy at www.mortons.co.uk/privacy

Latest Forum Posts
Support Our Partners
cowells
Sarik
MERIDIENNE EXHIBITIONS LTD
Subscription Offer

Latest "For Sale" Ads
Latest "Wanted" Ads
Get In Touch!

Do you want to contact the Model Engineer and Model Engineers' Workshop team?

You can contact us by phone, mail or email about the magazines including becoming a contributor, submitting reader's letters or making queries about articles. You can also get in touch about this website, advertising or other general issues.

Click THIS LINK for full contact details.

For subscription issues please see THIS LINK.

Digital Back Issues

Social Media online

'Like' us on Facebook
Follow us on Facebook

Follow us on Twitter
 Twitter Logo

Pin us on Pinterest

 

Donate

donate