Got my 2022 Grizzly catalog and WOW

[John TenEyck]

Anyone compared prices in the new Grizzly catalog to 2021?

John

[Myles Moran]

Supply chains have gone mad. I haven't compared any prices specifically, but I don't think I'll be upgrading my bandsaw anytime soon.

[Justin Rapp]

My guess is the prices went up significantly? Makes sense with everything going on. The only company that held their price, but I hearing they are about to spike also is SawStop. I think they went up in 2020 about 10%. All the other tool companies I have been looking at also went up like made. Laguna is up 25+% depending on the tool. My 14BX saw was 1499 and just spiked to 1999. That is a 33% jump.

The same holds true in other markets. Try buying a graphics card right now. Some wishful thinking - in 6 months the chip market should catch up and they will overproduce and in 1 year, the market will be so flooded, they will have to give them away.

[Kelly Foster]

I was leaning toward picking up a bunch of Grizzly tools before year end, and happened to be driving from Vancouver to Seattle, so I stopped in their Bellingham show room. Picked up their latest printed catalog, and the current online prices were a big jump above the current printed catalog. I asked for a 10% discount if I bought $15k worth of tools, wiring all cash before 12/31, and they barely offered 4%. Pass.

The Laguna 16" helical planer that I ordered in July for $3,750 finally came in last week. Somewhere between last July and today they bumped the price to $4,600. Yikes. Glad I got the old price, but doubt I'll be buying many/any new tools if this is the new normal.

[Robert London]

Prices just got raised again this week. I was thinking of their 12" jointer planer for the longest, and bought at 3300 last month. They just raised it to 4k a few days ago.

Their Southbend 20" planer started at ~3895 or so, and now it's up to ~$5300. But you can't fault Grizzly. Machinery has gone crazy the last 18 months.

I bought a 25x2 Supermax at $2699 18 months ago. Now it's $4000. Jet, Powermatic, Baleigh, Laguna. Doesn't matter.

Grizzly usually is always passing out 5% coupons via email. Just create a new email address and not hard to get.

[John TenEyck]

I'm sure other companies have raised their prices, too; it's just that Grizzly's catalogs make it easy to compare from one year to the next. I bought a G0636X bandsaw from them around 5 years ago for $2750 I think, but that might have included shipping. In the 2021 catalog it was $2795; in the 2022 one it's over $4100. Lots of other machines have $1000+ increases.

The supply chain is all hosed up and companies absolutely need to make a reasonable profit to survive and prosper, but these increases seem excessive. I'm sure other companies are doing it, too; Grizzly has to stay competitive. It might have been good PR had Grizzly included a note or letter from the president or CFO as to why they had to raise prices so much. Maybe there is something to that effect on their website; I haven't looked. When the supply chain sorts itself out, I'll be interested to see how much price reduction there is in these new prices.

I'm happy I don't need any new traditional wood working machines.

John

[mike stenson]

The same holds true in other markets. Try buying a graphics card right now. Some wishful thinking - in 6 months the chip market should catch up and they will overproduce and in 1 year, the market will be so flooded, they will have to give them away.

The last estimate I saw for bicycle components was two more years, at least, before normalization.

[Justin Rapp]

Well the inflation rate went out about 7%. But limited supply and high demand they are jumping prices 25+ percent. It's really just going to trigger people not to buy.

[mike stenson]

Well the inflation rate went out about 7%. But limited supply and high demand they are jumping prices 25+ percent. It's really just going to trigger people not to buy.
True, but consumables are trending at the same rate.

So, you either buy, or stop doing what you enjoy.

[andrew whicker]

Hey, as of today (1/7), looks like only 19 ships waiting off the port of Los Angeles. That's a lot better than pre Christmas (96!).

[Aaron Rosenthal]

Andrew, my son in law tells me that there’s fewer ships in harbour waiting, but a lot are diverting to Seattle or waiting further off-shore.

[Justin Rapp]

This isn't going to help

Viewpoint: Ningbo port’s partial closure more than just vessels berthing - FreightWaves (https://www.freightwaves.com/news/viewpoint-ningbo-ports-partial-closure-more-than-just-vessels-berthing)

[Rod Sheridan]

Well the inflation rate went out about 7%. But limited supply and high demand they are jumping prices 25+ percent. It's really just going to trigger people not to buy.

Actually, sales were way up in 2021, if I remember correctly Felder added 200 people to the factory in Hall in 2021 to help keep up with demand.

All the manufacturers are in the same boat, customers come in, pay asking price and don’t faint when they’re told that it will be 6 months or more for their machine to arrive.

Wood working shops are running flat out to keep with customer orders, and the hobby guys are buying like crazy because they have all the disposable income due to the Covid-19 pandemic.


Regards, Rod.

[John TenEyck]

That probably has as much to do with the price increases as inflation, or even supply chain issues, Rod. Whenever demand exceeded our capacity back in my corporate industry days we increased prices until demand fell in line with capacity. Of course the pendulum always swings the other way at some point. I bet there will be some real bargains for almost anything you want in a few years, as people go back to buying experiences instead of physical things.

John

[Keegan Shields]

That drop is likely due to post holiday seasonality also.

[Justin Rapp]

Actually, sales were way up in 2021, if I remember correctly Felder added 200 people to the factory in Hall in 2021 to help keep up with demand.

All the manufacturers are in the same boat, customers come in, pay asking price and don’t faint when they’re told that it will be 6 months or more for their machine to arrive.

Wood working shops are running flat out to keep with customer orders, and the hobby guys are buying like crazy because they have all the disposable income due to the Covid-19 pandemic.


Regards, Rod.

Of course sales were up. People at home from covid looking for things to do, hobbies etc. People also spending time remodeling, and that triggers a rise in need from wood flooring, cabinets and furniture, as well as everything else you can imaging. Disposable income, yes for some who saved on commute, vacation and entertainment. But that extra income got eaten right up with the rise in basic living costs from food to toilet paper. Demand for manufactured goods went up based on the lack of supply. The past 2 years are an economists dream study case. While some had disposable income, many others had no jobs!!

[Rod Sheridan]

Justin, I agree with everything you said except for the demand, it didn’t go up due to lack of supply, many more machines were produced and sold than in previous years……Regards, Rod.

[Tom Bender]

In addition to the supply / demand forces this may be a chance for Grizzly to establish themselves as a more premium brand.

[Jason Jurusz]

Well the inflation rate went out about 7%. But limited supply and high demand they are jumping prices 25+ percent. It's really just going to trigger people not to buy.
2800 to 4100 is a wee bit more than a 25% jump. It's $100 shy of a 50% jump. OP's right. These are obscene!

[Alex Zeller]

I saved a 2018 catalog just so I could see how much more something I might want is compared to then. I don't think I got a 2021 catalog but I still have my 2020 one in the reading room (where the porcelain thrown is). First thing I noticed is the 2022 catalog is quite a bit thinner. Some items dropped in price before going back up. The 1033X planer was $3600 but dropped to $3000 before going to $4200 now. Shipping has gone up too. If I was wanting to get out of woodworking I actually think I could make a profit on selling my tools. I told the wife that buying used woodworking tools isn't an investment that will go up but as long as they are in good shape they will sell for close to what I paid.

[Jared Sankovich]

I bought a shopfox w1770 ( 21" bandsaw) for 2k in 2017? It's $4200 currently.

[John TenEyck]

In addition to the supply / demand forces this may be a chance for Grizzly to establish themselves as a more premium brand.

Premium usually means something has unique features, higher precision, higher quality. Grizzly's addition of the South Bend line of machines may be directed towards that objective. Increasing prices on machines they've been selling for many years, without tangible improvement, does not.

John

[Rod Wolfy]

Wow! I remember going up to Bellingham and looking over the 5ph 21" Bandsaw the week that COVID hit in March. The showroom was limited employees, but I was able to go hands-on over the various ones. I ordered one the week later and then I haven't used it as much as I'd thought I would. Looks like I saved a bundle (about $1K!)

[Darrell Bade]

And I got an email from Grizzly today with some items on sale for $400 to $500 off.

[Ronald Blue]

Of course sales were up. People at home from covid looking for things to do, hobbies etc. People also spending time remodeling, and that triggers a rise in need from wood flooring, cabinets and furniture, as well as everything else you can imaging. Disposable income, yes for some who saved on commute, vacation and entertainment. But that extra income got eaten right up with the rise in basic living costs from food to toilet paper. Demand for manufactured goods went up based on the lack of supply. The past 2 years are an economists dream study case. While some had disposable income, many others had no jobs!!

The no jobs thing has me bewildered. Everywhere I go in this part of the country there are places begging for help. I'm not talking about minimum wage jobs either. Many starting over $20 an hour with full benefits. I'm not saying that's a fantastic wage but it aint shabby for some either. Yes there have been businesses close because of the pandemic but anyone in these parts that wants a job can find one without a lot of effort.

As for Grizzly raising prices. It looks like everyone has. A 12" Powermatic Jointer is $7100. 1500 over equivalent Grizzly.

Kelly Foster you bought a 16" Laguna jointer for $3700? It's over 9k on the Laguna website. Are you sure that's not a typo?

[Kelly Foster]

Laguna planer, not jointer. My figures above are correct.

[Ronald Blue]

Laguna planer, not jointer. My figures above are correct.

My eyes must have been crossed. My error.

[Robert London]

You have to keep checking weekly, or even daily for places like Grizzly if you're in the market.

They had a year end flash sale last month. The 20" Southbend helical was on sale for $4500 for a skinny minute. Then back up to 5300 with a price increase a few days later.