http://www.acousticguitar.com/ubbcgi/ultimatebb.cgi?ubb=get_topic ;f;t 4145
"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."
"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.
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.
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.
"Greasy Dick" in St Louis is gone, but "Yuengling" in Eastern PA still
Maybe I'll try to find it here on the left coast.
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.
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
to Peter Tepperman, the owner of Seagrave Coatings, this morning and he told me
every intention of continuing to offer the McFadden formulas for instrument
gel urethanes, and other standard line products for which McFadden has developed
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
McFadden in the past. I think we have a winning situation. Here's a link to
so you can see what they are all about.
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