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Looks like General International is no more

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Forum topic by gotnonickname posted 10-15-2017 03:17 PM 1528 views 0 times favorited 19 replies Add to Favorites Watch
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gotnonickname

29 posts in 1410 days


10-15-2017 03:17 PM

Talked to a Saw-Stop Rep and he confirmed that General International`s router table and lift business was purchased by them. He said that in 2018 we should start seeing that product line from them. Anyone have any information what has happened to GI and is the rumor true that they have shutdown. If true, does anyone know if others have purchased the rights to build their current products.


19 replies so far

View Andre's profile

Andre

1493 posts in 1643 days


#1 posted 10-15-2017 03:53 PM

I believe rebranded under Magnum International, KMS tools here in Canada carry them. Checked out the 18” Band saw and was quite impressed.

-- Lifting one end of the plank.

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jtdon

12 posts in 344 days


#2 posted 10-15-2017 03:57 PM

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gotnonickname

29 posts in 1410 days


#3 posted 10-15-2017 09:06 PM

jtdon,
that information is from 2014. My information from SaAw Stop was yesterday. I have tried calling GI numerous times and have not received a callback. Looks like to me the holding company is starting to liquidate assets and selling lines that made money. I will checkout and contact Magnum International next.

View ksSlim's profile

ksSlim

1263 posts in 2727 days


#4 posted 10-15-2017 10:00 PM

Find out who just acquired SAWSTOP, what ever holding company that owns Festool.

-- Sawdust and shavings are therapeutic

View ohtimberwolf's profile

ohtimberwolf

730 posts in 2189 days


#5 posted 10-15-2017 10:29 PM

I just read this. It may be old news to some but it is new to me. Makes me wonder if a fellow ought to buy a saw now before all this happens and i can’t afford to buy a new saw.

http://toolguyd.com/cspc-proposed-rulemaking-on-table-saws-and-active-injury-avoidance-tech/

-- Just a barn cat, now gone to cat heaven.

View ArtMann's profile

ArtMann

686 posts in 653 days


#6 posted 10-15-2017 10:30 PM

It doesn’t make sense to me that one company would buy another with the intent of closing it down.

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Manitario

2563 posts in 2720 days


#7 posted 10-15-2017 10:32 PM

I guess that explains Sawstop putting out an Excalibur clone for their TS overhead dust collection. Also CWI spraypainting GI machines and importing them through Canadian Woodworker under a different name.

I feel sad that we’ve lost GI; I’ve owned a lot of different tools from them, the majority were well made and designed (except their drill press, which was/is crap: http://lumberjocks.com/reviews/8866 ). I figured after they closed down their Quebec plant a few years ago and stopped making General tools, their days were numbered. Just too many companies making the same basic designed machines to compete.

-- Sometimes the creative process requires foul language. -- Charles Neil

View jbee's profile

jbee

61 posts in 533 days


#8 posted 10-15-2017 11:47 PM

Here is the press release for the sale of SawStop—

Press Release

SawStop to be Acquired by TTS Tooltechnic Systems
06.26.2017

​Tualatin, Oregon – June 26, 2017: SawStop today announced the acquisition of SawStop, LLC by TTS Tooltechnic Systems, a third-generation family-owned company based in Wendlingen, Germany. The TTS family of companies includes Festool, Tanos, Cleantec and others, and employs more than 2,500 people around the globe.

“We are proud to join a company with a shared passion for customer safety, product quality and meticulous engineering,” said SawStop’s President, Dr. Stephen Gass. “Speaking for our entire team in Tualatin, Oregon and across North America, we are excited to join with TTS to bring safer woodworking to more people through new tools and in new markets around the world. With a family like TTS at our side, I can’t wait to see what we will accomplish together.”

The acquisition is expected to be completed in July 2017. SawStop’s current management team will continue to operate the company out of its Oregon headquarters.

-- Life is good! Make the most of it.

View bigblockyeti's profile

bigblockyeti

4697 posts in 1558 days


#9 posted 10-15-2017 11:50 PM

If the table saw regulation really does come to fruition the price of used table saws, especially good ones, will skyrocket! There are a few people other than myself that realize the world is a dangerous place and you have to employ some reason and personal accountability instead of continuing the march toward a 99% tax rate with various layers of government legislating more freedoms away everyday!

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Richard Lee

56 posts in 612 days


#10 posted 10-16-2017 12:02 AM



It doesn t make sense to me that one company would buy another with the intent of closing it down.

- ArtMann


To eliminate competition.

View MJCD's profile

MJCD

505 posts in 2208 days


#11 posted 10-16-2017 12:38 AM

“Every now an then, a revolution is a good thing….” Sawstop has been chipping away at all of table saw manufacturers. Powermatic sells few of the PM1000, somewhat more of the PM2000, and their largest seller is the PM3000 – to light industrial applications. The market north of the PM3000 is quite expensive, and Powermatic owns the light-industrial marketspace.

That Sawstop has been purchased, to me, is a sign that a larger company wants to expand the marketing and customer support, and tap a broader audience. Also, Sawstop seems unwilling to license its technology, and is taking this fully to market, rather simply getting licensing fees. I hope they don’t cheapen the product…

MJCD

-- Lead By Example; Make a Difference

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bigblockyeti

4697 posts in 1558 days


#12 posted 10-16-2017 12:45 AM



It doesn t make sense to me that one company would buy another with the intent of closing it down.

- ArtMann


That tactic worked pretty well for John Rockefeller.

View gotnonickname's profile

gotnonickname

29 posts in 1410 days


#13 posted 10-16-2017 01:47 AM

Saw Stop also bought the rights for the Excaliber overhead table saw dust collector system. That is why it looked familiar. Having worked for a company that was purchased by a holding company, it does not surprise me that this happened to GI. Holding company’s buy low, and then sell off the highest value assets to maximize their original purchase. We used to call these Corporate Raiders. Will be interesting to see where more of the excellent product line they used to manufacture will end up. Hopefully other strong companies will see products that are built in the same Taiwan factories as their current products and may carry GI stuff under their name. When you see a holding company purchasing a company, you generally see the end of the line. Delta has gone through this as well and lucky for them the name still counts, but for how long.

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gotnonickname

29 posts in 1410 days


#14 posted 10-16-2017 02:05 AM

One item to remember. Bosch came out with their own technology for a safe table saw. The lawsuits went out and it looks like to me the European union just bought out the rights for Saw Stop. I bet we see more Bosch safe saw technology now. The Bosch design is, IMO, just better. You get 2 cartridge trips and no blade loss. We will see what happens next year. The Saw Stop rep said the old Excaliber/GI products they bought will start hitting the market early next year after all the paperwork is complete. If you need the GI lift`s and router table stuff, I found WoodTek labled version at https://woodworker.com The Saw Stop rep said they have added a lock to the lift mechanism on the great GI 4 post router lift. Again we will see that early next year. As for Woodworker Supply, they still have lifts and tables, but for how long. I have the lift and it performs great.

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gotnonickname

29 posts in 1410 days


#15 posted 10-16-2017 02:12 AM

excuse me, but the WoodTek is already using the lift lock. Me bad. So if Woodworker Supply is selling the updated lift, then who are they buying it from? This getting interesting. I have the original designed lift without the lock.

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