say it aint so!!!!

croozer

got a heads- up the other day that north-star are experiencing financial difficulties, to the point where they have decalared bankruptcey? Any of you guys heard anything ? What a shame , as they did indeed make some gr8 gear.

cazna

They do make great gear, but it would not surprise me in todays market, seems like too many tool makers/sellers and not enough buyers now.

Mudstar

That's business!

How else do you make more money then what you where giving.

CHAPTER 11

Sorry about the creditors.

I personally would never go there but big business does it every day.

Capt-sheetrock

Gee guys,,, we DID vote for change ya know,,,,,,,,,

Things are changing,,, are they not????

NorthStar will not be the last business that falls prey to socialism.

Axecutioner-B

Socialism? Thats why our economy is in the crapper? I was under the naive impression it was because real estate took a 50% crash in value under the wise & super intelligent watch of good ol' "W" which devastated our economy by billions & billions & billions of dollars. What was i thinking? i shoulda known this was all Obama's fault, of course !!
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WEB SHOWS

Capt-sheetrock

Perhaps you should watch the news sometimes,,, just saying,, ya know.

Axecutioner-B

Perhaps i should. I just don't like to watch Fox News Channel (cuz it ain't really a news channel).
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Jorley

alltex

Hit em with a left ! now hit em with the right! We do not need that crap here.

Capt-sheetrock

I believe the OP was shocked by NorthStar going bankrupt . If that wasn't a reflection of our failing economy,, I opoligize for my ignorance !

DSJOHN

I think its because of the Hallmark channel?

Capt-sheetrock

Got a problem with the truth????

2buckcanuck

Isn't North Star Canadian com. guess she did fail in a Socialist country
want a interesting read capt n ,wiki Pierre Trudeau , you will think your reading about your guy in power ,you guys 20 years behind us
can you say "half my pay to taxes ?" lol
just clowning around

rhardman

I did a little research and if you call the NorthStar phone number they ask you to call ToolPro. From the website: NorthStar is now sold in every major market in North America, Australia and New Zealand, The United Kingdom, and much of Europe. In 2007 Northstar affiliated with ToolPro for distribution to better serve the finishers and dealers by providing reliable and expedient service.

Sorry about NorthStar. They have truly pushed the engineering edge of drywall technology. They have our respect.




(11/2010)

pipercub17

my opinion is that if thay would have stopped selling ther tools @ a 300% markup then thay would sell more tools = no financial difficulties
i dont think this is the only tool mfg that will go down just my 2 cents

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makin sweet love to drywall

cazna

Good point, they are priced very high here so no one bothers. hawk and trowels are easy and cheap. And yes, prob some other tool companys are feeling the pinch.

Capt-sheetrock

I agree with that !!! I have never bought NorthStar tools, cause I understand that any tool you buy will work with any other tool companys replacement parts, Why spend more for a tool, and then get another tool company parts to fix it when you need repair?? Many companies go under, thats just bussiness. Columbia (dear to my heart) sold out to Marshaltown (another great company). The neat thing about capitalism is that it allows companies to fail if they they aren't competitive.

Oh well, maybe NorthStar will get a bailout, but i don't know if they are union or not ???

Axecutioner-B

I have no problem with the truth or with you Capt.(i actually enjoy reading your posts 95% of the time) but I do like to throw in the ol' lefty perspective sometimes
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Capt-sheetrock

I hear ya,,, nothing like a little politics to get us fired up and vocal...

I notice I get a bit cranky from time to time. I'll endeavor to mind my manners a bit more.

rockdaddy

everything is obamas fault idiot

rhardman

ATLANTA, July 13 /PRNewswire/ -- AATT01, Inc. (formerly Ames Holding Corp.) and affiliated Chapter 11 debtors* ("Debtors") submitted a motion to the Bankruptcy Court for the District of Delaware on July 1, 2010, for an order converting their cases from Chapter 11 to Chapter 7, effective August 1, 2010 and directing the Office of the United States Trustee to appoint a Chapter 7 trustee to liquidate the remaining assets of the Debtors.
To provide clarity for our customers, vendors and other stakeholders, the Debtors are not associated with Axia Acquisition Corporation dba Ames Taping Tools ("Ames Taping"), a newly created company. Ames Taping acquired substantially all of the assets of the Debtors on March 12, 2010, in a sale approved by the Bankruptcy Court. Ames Taping's primary ownership group is comprised of Aurora Capital Group, GSC Group, and Saybrook Capital.