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1991/92 Catalog Cover   1991/92 Woodworking Customer Letter
 
Print Catalog Cover
 
Dear Customer,

It has not been a good year in the tool business. A number of old, established European tool manufacturers went out of business and an equal number fell into the hands of financial sleight-of-hand artists. The loss of good tools was immediate in the first case and will be more gradual but equally inevitable in the latter. In Canada, two major hardware chains went bankrupt. All of this reduces the range of choice for buyers.

On the positive side, small and innovative tool manufacturers continue to show up on the market. Most of these are in North America. But the manufacturing of woodworking tools is shifting from Western Europe to the rest of the world. Only time will tell if the skill transfer is as great as the production transfer.

The strength of the Canadian dollar also had its effect this year. Although the stronger dollar has done nothing for Canadian employment, it has allowed us to reduce the price of over 800 items in this catalogue.

Naturally, when you now to go check the new price of that tool that you have finally decided you cannot live without, it will have gone up. But that is Sod's law at work, not our pricing policy.

Yours sincerely,

Leonard G. Lee
President

P.S. The blue dots (like this ) throughout the catalogue indicate product new to this catalogue.

 
 


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