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Woodcraft to Acquire Japan Woodworker
comments (15) November 5th, 2012 in blogs
According to a statement released last week, Woodcraft will soon acquire Japanese hand tool retailer Japan Woodworker. Owners Fred and Sally Damsen, who have run the California-based business for 34 years, say that Japan Woodworker's website, mail-order catalog, and customer service number will continue to operate under Woodcraft's ownership, but the retail store in Alameda, CA, will close its doors.
On the bright side for Japanese tool lovers, some Japan Woodworker products will now be available at Woodcraft's 75 retail locations in the U.S. The sale won't be finalized until mid-November, according to the Damsens' statement.
To our Valued Customers,
...
I am pleased to announce that Japan Woodworker will remain a strong company in the capable hands of Woodcraft Supply, LLC., who has signed a Letter of Intent to acquire Japan Woodworker. Japan Woodworker and Woodcraft share many similarities, longevity being one – Woodcraft has been in business for 85 years! And like us, they pride themselves on providing professional quality woodworking tools. Woodcraft is also a strong, recognized brand, but most important Woodcraft is very service oriented and is known for providing its customers with exceptional service. Simply stated, Japan Woodworker and Woodcraft are an extremely "good fit" with regard to business values and service to customers. It is important to Sally and me that we leave you in good hands. It is our intent to conclude this transaction on or about November 15, 2012.Woodcraft will continue to operate the Japan Woodworker website and catalog, while staffing the 800 customer service telephone number, just as Japan Woodworker does today. To this end, our customers will still be able to visit the Japan Woodworker Internet site, receive a Japan Woodworker catalog, have product questions answered, place orders and receive services from Japan Woodworker, just as they do today. While the local Japan Woodworker retail store on Clement Avenue in Alameda, California, will cease operations, retail customers nationwide will now be able to purchase Japan Woodworker products from one of Woodcraft's 75 retail store locations including two in California.
...
It remains to be seen whether the deal will benefit woodworkers. Fred and Sally Damsen are selling the business so they can retire, they say; it's not clear whether the sale was prompted by any other factors, or how much input they'll have in how Woodcraft runs Japan Woodworker. Which Japan Woodworker products will be available at Woodcraft stores? Will the catalog and website offer the same diversity of products?
I contacted Woodcraft for comment on these questions, but they declined to elaborate on Damsen's statement. "As negotiations progress and more information is known," a Woodcraft representative told me via email, "it will be communicated accordingly."
So, for now, all we can do is speculate.
I'll keep an eye on it. When I know more – in a couple of weeks, probably -- I'll, um, communicate accordingly.
posted in: blogs, hand tools, Woodcraft, Japan Woodworker
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Comments (15)
Posted: 8:07 pm on April 6th
Posted: 7:53 pm on December 8th
For sure you can expect price increases. Woodcraft is nothing if not expensive. It is the last place I look.
Posted: 9:00 am on November 11th
Posted: 4:01 am on November 11th
One more ache for a place of human warmth replaced by an online catalog.
I must say, I generally like WoodCraft. They have good people, at least in the local Dublin store, they are well stocked and their people knowledgeable and nice. It's hard to see the retail store go though, it's an institution.
I'm going to miss being able to oogle the handmade Japanese chisels, their purchase justified by supporting a marginal industry and tradition of excellence.
...good idea dwabyick, Taunton should consider the purchase!
Sally & Fred, thank you for many good years.
Posted: 9:32 pm on November 10th
Posted: 9:31 pm on November 10th
Posted: 5:22 pm on November 10th
Posted: 3:27 pm on November 10th
Posted: 12:45 pm on November 10th
Posted: 11:46 am on November 10th
Posted: 10:07 am on November 10th
Posted: 2:28 pm on November 8th
Great question, Tim. That hadn't occurred to me, but there's good reason to wonder. It was Lie-Nielson that pulled out of the Woodcraft relationship, so there's a chance they'd extend that decision to JW; on the other hand, they'd be reaching still fewer customers. I'll be sure to ask the folks at Woodcraft/LN when I follow up next week.
Posted: 12:32 pm on November 7th
Posted: 8:11 pm on November 6th
Posted: 2:36 pm on November 6th
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