Dd

"DGDevin"

22/02/2010 9:37 AM

Lawrence-McFadden bankrupt

http://www.acousticguitar.com/ubbcgi/ultimatebb.cgi?ubb=get_topic;f=12;t=004145

"The LaurenceMcFadden paint company, in business since 1885 and supplier of
the finest lacquer, polyurethane, and polyester finishes to much of the
fretted instrument business has shut down as of this week. The company is in
bankruptcy and are negotiating to sell their formulas to other entities.
This is going to hit our industry like a bomb...they supply Fender, Guild,
Ovation, Martin, Taylor, and countless smaller makers."

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=53842264

"The Lawrence-McFadden Co. manufactures wood products. The company was
founded in 1875 and is based in Philadelphia, Pennsylvania. On February 26,
2009, The Lawrence-McFadden Co. filed a voluntary petition for
reorganization under Chapter 11 in the US Bankruptcy Court for the Eastern
District of Pennsylvania, Philadelphia."


This topic has 20 replies

LH

"Lew Hodgett"

in reply to "DGDevin" on 22/02/2010 9:37 AM

01/03/2010 12:41 AM


"DGDevin" wrote:

> You've probably heard the joke about when Budweiser sent a sample of
> what they figured was their best beer ever to the British (or
> German, or Belgian etc., take your pick) brewer's organization and
> then waited for a reply on the quality. Long weeks pasted, finally
> an envelope arrived and the Budweiser execs tore it open and read:
>
> Your horse has diabetes.
----------------------------------------------
Not this one but similar versions.

Mutterings:

"Greasy Dick" in St Louis is gone, but "Yuengling" in Eastern PA still
survives.

Maybe I'll try to find it here on the left coast.

Lew


LH

"Lew Hodgett"

in reply to "DGDevin" on 22/02/2010 9:37 AM

28/02/2010 3:24 PM


"DGDevin" wrote:

> They can come up with a dozen names for carbonated goat piss, none
> will make it worth drinking. ;~)

If it's sold by Budweiser, Millers or Coors, it's a step up to qualify
as goat piss.

Lew


sS

[email protected] (Scott Lurndal)

in reply to "DGDevin" on 22/02/2010 9:37 AM

26/02/2010 6:03 PM

"DGDevin" <[email protected]> writes:
>
>"Leon" <[email protected]> wrote in message
>news:[email protected]...
>>
>
>>> Huh, I just ordered eight cans from Grizzly, hope they all show up, I
>>> really like that stuff.
>>>
>>
>> Don't be suprised if they send you one of their other branded products.
>> That is what I got and the rep indicated that if I was not pleased he
>> would take it back. I was very pleased.
>
>Package arrived and all seven varieties are L-M, not a substitute. What is
>the other brand they sent which you're happy with?
>
>

Note that LM is in chapter 11. That generally means they are still doing
business, just reorganizing their credit picture.

scott

Ll

"Leon"

in reply to "DGDevin" on 22/02/2010 9:37 AM

28/02/2010 11:50 AM


"DGDevin" <[email protected]> wrote in message
news:[email protected]...
>
> "Leon" <[email protected]> wrote in message
> news:[email protected]...
>
>>>>> Huh, I just ordered eight cans from Grizzly, hope they all show up, I
>>>>> really like that stuff.
>>>>>
>>>>
>>>> Don't be suprised if they send you one of their other branded products.
>>>> That is what I got and the rep indicated that if I was not pleased he
>>>> would take it back. I was very pleased.
>>>
>>> Package arrived and all seven varieties are L-M, not a substitute. What
>>> is the other brand they sent which you're happy with?
>>
>> Whitewood Master Finish is what they sent me. According to them it is
>> exactly the same thing. I was pleased. There was another label however
>> I do not recall the name.
>
> I can find Whitewood Masterfinish (formerly Mastercraft?) mentioned in
> various places online--looks like they're owned by an unfinished furniture
> company--but not on Grizzly's site. Perhaps Grizzly is bringing it in as
> a substitute for L-M while they see if L-M is going to survive or not.

I think the different branded names were for the purpose of offering the
same product on a wholesale level to those in the trades. The LMF brand was
probably the most expensive of the offerings. This probably was working
like Budweiser beer and Bush beer, both the same beer but each had different
angles of attack concerning marketing and advertising.



Sk

Swingman

in reply to "DGDevin" on 22/02/2010 9:37 AM

22/02/2010 12:33 PM

On 2/22/2010 11:37 AM, DGDevin wrote:
> http://www.acousticguitar.com/ubbcgi/ultimatebb.cgi?ubb=get_topic;f=12;t=004145
>
> "The LaurenceMcFadden paint company, in business since 1885 and supplier of
> the finest lacquer, polyurethane, and polyester finishes to much of the
> fretted instrument business has shut down as of this week. The company is in
> bankruptcy and are negotiating to sell their formulas to other entities.
> This is going to hit our industry like a bomb...they supply Fender, Guild,
> Ovation, Martin, Taylor, and countless smaller makers."
>
> http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=53842264
>
> "The Lawrence-McFadden Co. manufactures wood products. The company was
> founded in 1875 and is based in Philadelphia, Pennsylvania. On February 26,
> 2009, The Lawrence-McFadden Co. filed a voluntary petition for
> reorganization under Chapter 11 in the US Bankruptcy Court for the Eastern
> District of Pennsylvania, Philadelphia."

Damn shame, but this has been going on for some time now ... you haven't
been able to buy their Mission Oak stain from Rockler's for a good
while. I believe Leon may have finally received an order of gel stain,
but a few months back it didn't look good for getting it.

--
www.e-woodshop.net
Last update: 10/22/08
KarlC@ (the obvious)

Sk

Swingman

in reply to "DGDevin" on 22/02/2010 9:37 AM

06/03/2010 12:50 PM


Local Rockler had their last quart, and two pints, of their "Mission
Oak" gel stain on clearance yesterday, which Lawrence-McFadden made for
them. May well be the last of the mohicans ...

--
www.e-woodshop.net
Last update: 10/22/08
KarlC@ (the obvious)

Dd

"DGDevin"

in reply to "DGDevin" on 22/02/2010 9:37 AM

01/03/2010 12:23 AM


"Lew Hodgett" <[email protected]> wrote in message
news:[email protected]...

>> They can come up with a dozen names for carbonated goat piss, none will
>> make it worth drinking. ;~)
>
> If it's sold by Budweiser, Millers or Coors, it's a step up to qualify as
> goat piss.
>
> Lew

You've probably heard the joke about when Budweiser sent a sample of what
they figured was their best beer ever to the British (or German, or Belgian
etc., take your pick) brewer's organization and then waited for a reply on
the quality. Long weeks pasted, finally an envelope arrived and the
Budweiser execs tore it open and read:

Your horse has diabetes.

Sk

Swingman

in reply to "DGDevin" on 22/02/2010 9:37 AM

08/03/2010 3:23 PM

On 3/8/2010 3:01 PM, Scott Lurndal wrote:

> Update: looks like they're selling off the coatings, From Michael Dresdner:
>
> Q: Any word on the Lawrence McFadden Seagrave deal?
> A: The decision of the bankruptcy court that must approve Seagrave's purchase
> of Lawrence McFadden has been postponed until February first. I will get back to
> you via this blog once that is finalized, but in the meantime, I spoke at some length
> to Peter Tepperman, the owner of Seagrave Coatings, this morning and he told me he has
> every intention of continuing to offer the McFadden formulas for instrument finishes,
> gel urethanes, and other standard line products for which McFadden has developed a fine
> reputation over the years. The conversation left me very confident that I can now
> recommend Seagrave Coatings with the same fervor and assurance as I always did with
> McFadden in the past. I think we have a winning situation. Here's a link to Seagrave
> so you can see what they are all about.
>
> www.seagravecoatings.com

Thanks, Scott ...

--
www.e-woodshop.net
Last update: 10/22/08
KarlC@ (the obvious)

sS

[email protected] (Scott Lurndal)

in reply to "DGDevin" on 22/02/2010 9:37 AM

08/03/2010 9:01 PM

Pat Barber <[email protected]> writes:
>This is really sad... Do you have any other known
>products to replace these with ???
>
>Leon turned me onto these products just couple years back.
>
>Swingman wrote:
>>
>> Local Rockler had their last quart, and two pints, of their "Mission
>> Oak" gel stain on clearance yesterday, which Lawrence-McFadden made for
>> them. May well be the last of the mohicans ...
>>


Update: looks like they're selling off the coatings, From Michael Dresdner:

Q: Any word on the Lawrence McFadden Seagrave deal?
A: The decision of the bankruptcy court that must approve Seagrave's purchase
of Lawrence McFadden has been postponed until February first. I will get back to
you via this blog once that is finalized, but in the meantime, I spoke at some length
to Peter Tepperman, the owner of Seagrave Coatings, this morning and he told me he has
every intention of continuing to offer the McFadden formulas for instrument finishes,
gel urethanes, and other standard line products for which McFadden has developed a fine
reputation over the years. The conversation left me very confident that I can now
recommend Seagrave Coatings with the same fervor and assurance as I always did with
McFadden in the past. I think we have a winning situation. Here's a link to Seagrave
so you can see what they are all about.

www.seagravecoatings.com

scott

PB

Pat Barber

in reply to "DGDevin" on 22/02/2010 9:37 AM

08/03/2010 2:58 PM

This is really sad... Do you have any other known
products to replace these with ???

Leon turned me onto these products just couple years back.

Swingman wrote:
>
> Local Rockler had their last quart, and two pints, of their "Mission
> Oak" gel stain on clearance yesterday, which Lawrence-McFadden made for
> them. May well be the last of the mohicans ...
>

Dd

"DGDevin"

in reply to "DGDevin" on 22/02/2010 9:37 AM

28/02/2010 10:43 AM


"Leon" <[email protected]> wrote in message
news:[email protected]...
>
> This probably was working like Budweiser beer and Bush beer, both the same
> beer but each had different angles of attack concerning marketing and
> advertising.

They can come up with a dozen names for carbonated goat piss, none will make
it worth drinking. ;~)

Ll

"Leon"

in reply to "DGDevin" on 22/02/2010 9:37 AM

26/02/2010 11:29 PM


"DGDevin" <[email protected]> wrote in message
news:[email protected]...
>
> "Leon" <[email protected]> wrote in message
> news:[email protected]...
>>
>
>>> Huh, I just ordered eight cans from Grizzly, hope they all show up, I
>>> really like that stuff.
>>>
>>
>> Don't be suprised if they send you one of their other branded products.
>> That is what I got and the rep indicated that if I was not pleased he
>> would take it back. I was very pleased.
>
> Package arrived and all seven varieties are L-M, not a substitute. What
> is the other brand they sent which you're happy with?

Whitewood Master Finish is what they sent me. According to them it is
exactly the same thing. I was pleased. There was another label however I
do not recall the name.


Sk

Swingman

in reply to "DGDevin" on 22/02/2010 9:37 AM

08/03/2010 2:48 PM

On 3/8/2010 1:58 PM, Pat Barber wrote:
> This is really sad... Do you have any other known
> products to replace these with ???
>
> Leon turned me onto these products just couple years back.
>
> Swingman wrote:
>>
>> Local Rockler had their last quart, and two pints, of their "Mission
>> Oak" gel stain on clearance yesterday, which Lawrence-McFadden made
>> for them. May well be the last of the mohicans ...

Sadly, at this point, no. I jumped on those immediately, but there has
been no mention of this particular product on Rockler's sites for some
time <I kept hoping they would have a "closeout" sale on the Pro site,
but no luck>.

Then again, there is more than likely some shelf life to contend with
with regard to "stocking up".

Too bad ... I still have a couple more anticipated upcoming projects
where a color match is going to be imperative.


--
www.e-woodshop.net
Last update: 10/22/08
KarlC@ (the obvious)

Ll

"Leon"

in reply to "DGDevin" on 22/02/2010 9:37 AM

22/02/2010 7:45 PM


"DGDevin" <[email protected]> wrote in message
news:[email protected]...
>
> "Leon" <[email protected]> wrote in message
> news:[email protected]...
>
>> Fortunately I got 8 quarts of gel varnish from them in December.
>
> Huh, I just ordered eight cans from Grizzly, hope they all show up, I
> really like that stuff.
>

Don't be suprised if they send you one of their other branded products.
That is what I got and the rep indicated that if I was not pleased he would
take it back. I was very pleased.

LJ

Larry Jaques

in reply to "DGDevin" on 22/02/2010 9:37 AM

09/03/2010 8:17 AM

On Mon, 08 Mar 2010 14:58:41 -0500, the infamous Pat Barber
<[email protected]> scrawled the following:

>This is really sad... Do you have any other known
>products to replace these with ???
>
>Leon turned me onto these products just couple years back.
>
>Swingman wrote:
>>
>> Local Rockler had their last quart, and two pints, of their "Mission
>> Oak" gel stain on clearance yesterday, which Lawrence-McFadden made for
>> them. May well be the last of the mohicans ...

FUME IT, dad blast it!

--
Stay centered by accepting whatever you are doing. This is the ultimate.
-- Chuang-tzu

Dd

"DGDevin"

in reply to "DGDevin" on 22/02/2010 9:37 AM

22/02/2010 3:37 PM


"Leon" <[email protected]> wrote in message
news:[email protected]...

> Fortunately I got 8 quarts of gel varnish from them in December.

Huh, I just ordered eight cans from Grizzly, hope they all show up, I really
like that stuff.

PB

Pat Barber

in reply to "DGDevin" on 22/02/2010 9:37 AM

09/03/2010 4:52 PM

Outstanding....thanks for that Scott

Scott Lurndal wrote:

> Update: looks like they're selling off the coatings, From Michael Dresdner:
>
>
> www.seagravecoatings.com
>
> scott

Dd

"DGDevin"

in reply to "DGDevin" on 22/02/2010 9:37 AM

25/02/2010 8:45 PM


"Leon" <[email protected]> wrote in message
news:[email protected]...
>

>> Huh, I just ordered eight cans from Grizzly, hope they all show up, I
>> really like that stuff.
>>
>
> Don't be suprised if they send you one of their other branded products.
> That is what I got and the rep indicated that if I was not pleased he
> would take it back. I was very pleased.

Package arrived and all seven varieties are L-M, not a substitute. What is
the other brand they sent which you're happy with?

Dd

"DGDevin"

in reply to "DGDevin" on 22/02/2010 9:37 AM

27/02/2010 9:15 AM


"Leon" <[email protected]> wrote in message
news:[email protected]...

>>>> Huh, I just ordered eight cans from Grizzly, hope they all show up, I
>>>> really like that stuff.
>>>>
>>>
>>> Don't be suprised if they send you one of their other branded products.
>>> That is what I got and the rep indicated that if I was not pleased he
>>> would take it back. I was very pleased.
>>
>> Package arrived and all seven varieties are L-M, not a substitute. What
>> is the other brand they sent which you're happy with?
>
> Whitewood Master Finish is what they sent me. According to them it is
> exactly the same thing. I was pleased. There was another label however I
> do not recall the name.

I can find Whitewood Masterfinish (formerly Mastercraft?) mentioned in
various places online--looks like they're owned by an unfinished furniture
company--but not on Grizzly's site. Perhaps Grizzly is bringing it in as a
substitute for L-M while they see if L-M is going to survive or not.

Ll

"Leon"

in reply to "DGDevin" on 22/02/2010 9:37 AM

22/02/2010 5:25 PM


"DGDevin" <[email protected]> wrote in message
news:[email protected]...
> http://www.acousticguitar.com/ubbcgi/ultimatebb.cgi?ubb=get_topic;f=12;t=004145
>
> "The LaurenceMcFadden paint company, in business since 1885 and supplier
> of the finest lacquer, polyurethane, and polyester finishes to much of the
> fretted instrument business has shut down as of this week. The company is
> in bankruptcy and are negotiating to sell their formulas to other
> entities. This is going to hit our industry like a bomb...they supply
> Fender, Guild, Ovation, Martin, Taylor, and countless smaller makers."
>
> http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=53842264
>
> "The Lawrence-McFadden Co. manufactures wood products. The company was
> founded in 1875 and is based in Philadelphia, Pennsylvania. On February
> 26, 2009, The Lawrence-McFadden Co. filed a voluntary petition for
> reorganization under Chapter 11 in the US Bankruptcy Court for the Eastern
> District of Pennsylvania, Philadelphia."

Fortunately I got 8 quarts of gel varnish from them in December.
>


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