12-15-2012, 06:01 PM
It's definitely a shame to see these old places fade away. I'm not sure of the exact reason Lufkin went under, but I've heard that there was so much hand work on the tools by the old world German craftsman, that they couldn't stay competitive in the precision tool market. I know when I started college in 1972, there was still a lot of Lufkin stuff available and it was competitively priced at that time, although the hardware that I bought my tools from was happy to clear out the Lufkin tools so I got some really good deals.
Tom
Tom