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Looks like Grizzly Tools Just Got More Expensive

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Forum topic by BoilerUp21 posted 07-06-2018 08:56 PM 1717 views 0 times favorited 11 replies Add to Favorites Watch
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BoilerUp21

131 posts in 1184 days


07-06-2018 08:56 PM

Based on the updated pricing on their website, it appears that most of Grizzly’s items have gone up ~20-30% due to Trumps tariffs going into effect. But even if the price didn’t deter you, they still have less than half of their lineup in stock…This has got to really gut into their sales numbers i would imagine.


11 replies so far

View gargey's profile

gargey

1013 posts in 1192 days


#1 posted 07-06-2018 09:01 PM

If you were sold out, would you lower your prices?

View AHuxley's profile

AHuxley

874 posts in 3738 days


#2 posted 07-06-2018 09:15 PM



Based on the updated pricing on their website, it appears that most of Grizzly s items have gone up ~20-30% due to Trumps tariffs going into effect. But even if the price didn t deter you, they still have less than half of their lineup in stock…This has got to really gut into their sales numbers i would imagine.

- BoilerUp21

Grizzly had mentioned the price of Chinese machines would go up 25% or so today and the Taiwanese machine 5%. The 25% is a direct result of the new tariffs and the 5% a result on increases in raw material prices. The sad part is the price also impacts backorders so if you have a item on backorder the price just went up.

View Chad's profile

Chad

54 posts in 1527 days


#3 posted 07-07-2018 07:53 AM

I decided to pull the trigger on a new jointer, planer, dust collection that I’ve been eyeing up for weeks at Grizzly.

I literally went on their site this morning to make the order to find that the total price had increased $1500 since yesterday.

I called them and they said it’s in effect for everything that’s ordered now or that’s been on backorder but not signed off on at the harbor. So even if I had ordered it all a month ago I’d still have to pay the $1500 increase unless the Tariff goes away before they sign the import in.

I’ll find someone else to buy from.

-- Wood is awesome.

View knotscott's profile

knotscott

8296 posts in 3792 days


#4 posted 07-07-2018 10:52 AM

The tariffs will effect all Chinese tools by at least the same amount, not just Grizzly.

-- Happiness is like wetting your pants...everyone can see it, but only you can feel the warmth....

View ScottKaye's profile

ScottKaye

764 posts in 2369 days


#5 posted 07-07-2018 12:35 PM



I decided to pull the trigger on a new jointer, planer, dust collection that I ve been eyeing up for weeks at Grizzly.

I literally went on their site this morning to make the order to find that the total price had increased $1500 since yesterday.

I called them and they said it s in effect for everything that s ordered now or that s been on backorder but not signed off on at the harbor. So even if I had ordered it all a month ago I d still have to pay the $1500 increase unless the Tariff goes away before they sign the import in.

I ll find someone else to buy from.

- Chad


an real
Exactly what the current administration wants from you. The problem is their arent any other real alternatives that dont cost a fortune anywa

-- "Nothing happens until you build it"

View Mr_Pink's profile

Mr_Pink

166 posts in 788 days


#6 posted 07-07-2018 03:46 PM



Exactly what the current administration wants from you. The problem is their arent any other real alternatives that dont cost a fortune anywa

- ScottKaye

This is one reason why the price of alternatives to Chinese machines (whatever they are) will go up as well. If you tax a good, the price of that good goes up. Then demand for substitutes rises, which drives up the prices of those goods.

American-made products that use steel or other inputs from abroad will also be affected by higher production costs.

View AHuxley's profile

AHuxley

874 posts in 3738 days


#7 posted 07-07-2018 06:26 PM



The tariffs will effect all Chinese tools by at least the same amount, not just Grizzly.

- knotscott

Certainly on the front end but we don’t know how each individual company will deal with adjusting their retail price. The good thing for basically every other importer is they have a lot more inventory stateside (of the equipment people around here buy). One will likely be able to find Jet, PM, Laguna, Baliegh, and Oliver machines that were stateside pre 7/6 for a while.

Grizzly really got stuck in a place causing them to create a lot of bad will. All the people who had backorders for jointers and planers and have the big price increase will not be happy. While I have never read the “fine print” on any backorder I have ever been subject to I have always “thought” the price I “agreed” to would be the price I would pay.

View Aj2's profile

Aj2

2321 posts in 2214 days


#8 posted 07-07-2018 06:36 PM

To me it’s looking like a hobby that some will not be able to have.
If a few extra bucks is a deal breaker

-- Aj

View CaptainKlutz's profile

CaptainKlutz

1490 posts in 1911 days


#9 posted 07-08-2018 01:08 PM

FWIW – Was investigating Grizzly 1021 15” planer model after seeing posts in this thread trying to identify a planer and noticed that Grizzly site is resurrecting the old G1021 as new G1021Z available in October. It has a price $20 more than similar G0454 BEFORE new China excise tax. There is no mention of new excise tax on G1021Z, which hopefully means it may be coming from Taiwan as way to help keep prices lower and avoid new taxes.
So there may be hope that mfg like Grizzly will take actions to help keep new tool prices as low as possible.

If you want new tools right now, it might be wise to wait till Fall and see any changes in product line up and/or taxes quietly happening to help consumer and mfg avoid higher prices, and fewer sales?

-- I'm an engineer not a woodworker, but I can randomly find useful tools and furniture inside a pile of lumber!

View becikeja's profile

becikeja

1002 posts in 3230 days


#10 posted 07-08-2018 01:17 PM

American jobs first. Short term pain is sometimes necessary.

-- Don't outsmart your common sense

View Runner's profile

Runner

82 posts in 1190 days


#11 posted 07-08-2018 01:47 PM



American jobs first. Short term pain is sometimes necessary.

- becikeja

Maybe Grizzly will move all manufacturing to Taiwan to avoid tariffs?

-- Kjell - Eau Claire WI

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