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GFP Closing


RichardG
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Hello Everybody. I've heard no updates from General Foam.  I've gone to the GF website.  It's still the same.  There are no updates.  The website doesn't say GFP closing.  Maybe things have changed.  The General Foam blow mold catalog is the same.  Let's still remain hopeful they find a buyer.  In fact, I'm planning to start a blow mold business myself with other partners.  I know that I'll succeed.  

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Let's remain hopeful that they find a buyer!

On 12/14/2017 at 8:52 PM, RichardG said:

Nope. No change. They are closing at the end of this month. Auction sometime next year.


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The website is still what it is.  That hasn't changed.  Maybe they'll find a buyer!

On 12/14/2017 at 8:55 PM, BamaSanta said:

Please keep all informed when you do get the company off the ground. We will all be searching high and low for molds to get our hands on. ?

Meaning?

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10 hours ago, RichardG said:


I’m sure my contact with GFP is more than what you have to go off. They are closing 12/31. The website hasn’t been updated in ages.


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I don't know why it hasn't been updated.  I guess they haven't found a buyer.  I do know that they hired a finance company to help them find one!

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  • 2 weeks later...

Was at a local garden center today for their 60% off sale.  The manager of the store saw me with my card load of blow molds and I mentined to her that I thought it was the last chance to get them with the closing of GF.  She told me that their supplier just informed them that there was a buyer for the GF molds and he expected to sell them blow molds for next Christmas.  She said if she got further info she would post it on their web site.  Do not know if anyone else is hearing this rumor.....

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Was at a local garden center today for their 60% off sale.  The manager of the store saw me with my card load of blow molds and I mentined to her that I thought it was the last chance to get them with the closing of GF.  She told me that their supplier just informed them that there was a buyer for the GF molds and he expected to sell them blow molds for next Christmas.  She said if she got further info she would post it on their web site.  Do not know if anyone else is hearing this rumor.....

That’s the first I’m hearing of this. I know some where already sold but not the whole company. Obviously everyone is off til Tuesday. I’ll see what I can find out from my contacts.


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On 12/30/2017 at 10:56 AM, timpwk said:

Was at a local garden center today for their 60% off sale.  The manager of the store saw me with my card load of blow molds and I mentined to her that I thought it was the last chance to get them with the closing of GF.  She told me that their supplier just informed them that there was a buyer for the GF molds and he expected to sell them blow molds for next Christmas.  She said if she got further info she would post it on their web site.  Do not know if anyone else is hearing this rumor.....

That's good news.  What's the name of the company?  I haven't heard any announcement saying that GF is completely closing at all.  The latest I read on Google is that they're finding a buyer.  I also read that GF wasn't closing because of the demand.  It was because the investors decided to stop investing with them.  When my father spoke to GF Customer's Service, they said that they're looking for a buyer.  The website is still up.  The catalog is still the same.  That's good to know!  If GF stops manufacturing certain molds, I'll manufacture them.  That's because I'm  going to start a blow mold business and manufacture discontinued blow molds.  I know that they'll sell!

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I do know that the Tarboro location is permanently closed.  Norfolk, VA is still there.  I do know that the investors who invested with GF decided to invest somewhere else.  Demand and Sales has nothing to do with the reason they closed the Tarboro location.  Who bought some of their molds!

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On 12/30/2017 at 10:56 AM, timpwk said:

Was at a local garden center today for their 60% off sale.  The manager of the store saw me with my card load of blow molds and I mentined to her that I thought it was the last chance to get them with the closing of GF.  She told me that their supplier just informed them that there was a buyer for the GF molds and he expected to sell them blow molds for next Christmas.  She said if she got further info she would post it on their web site.  Do not know if anyone else is hearing this rumor.....

Please let me know what the truth its!

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16 hours ago, sathya44 said:

I do know that the Tarboro location is permanently closed.  Norfolk, VA is still there.  I do know that the investors who invested with GF decided to invest somewhere else.  Demand and Sales has nothing to do with the reason they closed the Tarboro location.  Who bought some of their molds!

Demand and sales still could have had a lot to do with their closing, if GFP didn't have the sales the investors wouldn't get a decent return on their investment and would move their investments somewhere they could get a better return.

Mel

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