Hi, Gang

The following was posted to the Test Equipment reflector. I thought
it would be of interest to fellow Boatanchorites.

Quote

Of interest to all who own and use Triplett instruments.

As of January 2007 Jewell Instruments, LLC, acquired "certain assets of
Triplett Corporation including Triplett Panel Meters, Triplett Analog &
Digital Test Equipment, as well as the rights to the Triplett brand
name." Jewell already owns Modutec, Emico and A&M Instruments.
http://www.jewellinstruments.com/pre...%20Release.pdf

By the time you read this there is little left of the Triplett
Corporation, in business since 1904. Manufacturing in Bluffton, OH, has
been closed and moved to Barbados for panel meters and to China for test
equipment. The corporate remains will be headquartered at Jewell in New
Hampshire. A few Triplett employees will remain in the Engineering
Department in Ohio and some others will remain with LFE. LFE/API
Instruments was acquired by Triplett in 1997 and is now being spun off
again.

Most of the familiar test instruments will be changed in various ways to
accommodate being manufactured in China. The 310 compact VOM has been
made in China since the first of the year. The case parts and meter
movement have been changed and are not compatible with existing units.
The 630 and 60 series VOMs are also being changed and various parts will
not be backward compatible. Several of the existing model variations
have already become unavailable.

It is expected that once parts are gone for existing units of prior U.S.
production there will be no more parts support available. It is
expected that there will be no parts or service support available for
the new production units. They will be exchanged if within warranty and
unsupported thereafter.

It is expected that new products will continue to be introduced under
the Triplett name. Some will be Triplett designs and some will be
re-branded products of other manufacturers. Several new designs have
been on hold due to the sale but are likely to continue into production.
New products will be produced off-shore. The analog VOM lines will
likely be phased out as demand reduces.

The future of the considerable number of manuals available on Triplett's
web site is uncertain. There were hundreds more manuals available, both
early and late, which had not yet been posted. Their future
availability has not been established. Jewell now controls the site and
it is presently unknown if they will continue to provide support for
this information. Triplett has a long tradition of providing excellent
support, including copies or electronic files of technical data at
little or usually no cost.

I consider this information to be as accurate as possible given that the
company's situation has changed rapidly and drastically. It is from an
unimpeachable source and is presented with permission. I have no fiscal
interest in Triplett or Jewell.

Fred Olsen
--

Unquote

73,
Ed Knobloch

Good God. Another American company gone Pacific Rim.

Uncle Peter wrote:
Good God. Another American company gone Pacific Rim.

Not to worry Peter, they are all going as we slide our
way into third worldness.

And all so we can get xyz for a few bucks less at Wally World.

The part that annoys me to no end is when the USA made product
becomes made in China, the price to the consumer stays the
same. The profit soars, but the price doesn't change, or
goes up.

-Chuck

Chuck Harris wrote:

Uncle Peter wrote:

Good God. Another American company gone Pacific Rim.


Not to worry Peter, they are all going as we slide our
way into third worldness.

And all so we can get xyz for a few bucks less at Wally World.

The part that annoys me to no end is when the USA made product
becomes made in China, the price to the consumer stays the
same. The profit soars, but the price doesn't change, or
goes up.

-Chuck

The profit SOARS. That's a shame because it means your retirement account SOARS,
your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit
stuff, it's too good for us.

Corporations are groups of people, my IRA, my 401k, my retirement plan, who
invest our money in corporations in the expectation that they will make profits.
Profits increase the value of equity [stock shares] and the amount of money you
can draw on when you retire. If profits are not made then your IRA, 401K, etc go
bankrupt and you will never retire.

Be careful of that profit stuff. It may be too good for you!

/s/ DD, retired and loves watching my equity increase.

Dave wrote:
The profit soars, but the price doesn't change, or
goes up.

-Chuck

The profit SOARS. That's a shame because it means your retirement
account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to
watch that profit stuff, it's too good for us.

Tell me, how do you fund your 401K when you work for McDonalds
flipping burgers?

The biggest result of moving all of our manufacturing jobs to
China/India/??? is the loss of good paying jobs here in the USA.

Corporations are groups of people, my IRA, my 401k, my retirement plan,
who invest our money in corporations in the expectation that they will
make profits. Profits increase the value of equity [stock shares] and
the amount of money you can draw on when you retire. If profits are not
made then your IRA, 401K, etc go bankrupt and you will never retire.

Be careful of that profit stuff. It may be too good for you!

/s/ DD, retired and loves watching my equity increase.

Yeah, you got yours while there were still good jobs and good retirement
policies here in the US. What about your kids? What about mine?

-Chuck

Chuck Harris wrote:

SNIPPED ... lost attribution.

I wrote... is my attribution

The profit SOARS. That's a shame because it means your retirement
account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have
to watch that profit stuff, it's too good for us.

---

Tell me, how do you fund your 401K when you work for McDonalds
flipping burgers?

Flipping burgers is for kids! Get skills training. 'The more you learn the more
you earn.' is a great guideline.


The biggest result of moving all of our manufacturing jobs to
China/India/??? is the loss of good paying jobs here in the USA.


Corporations are groups of people, my IRA, my 401k, my retirement
plan, who invest our money in corporations in the expectation that
they will make profits. Profits increase the value of equity [stock
shares] and the amount of money you can draw on when you retire. If
profits are not made then your IRA, 401K, etc go bankrupt and you will
never retire.

Be careful of that profit stuff. It may be too good for you!

/s/ DD, retired and loves watching my equity increase.


Yeah, you got yours while there were still good jobs and good retirement
policies here in the US. What about your kids? What about mine?

-Chuck

Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility
of government. It is NOT the responsibility of your employer. It is NOT the
responsibility of your union. The responsibility is Yours alone!

If you don't like McDonalds then start your own business, work your butt off,
put in 60, 70 or 80 hours a week, and retire a millionaire. If you choose
McDonalds then plan your retirement on welfare, but don't blame McDonalds ...
you made the decision to work there in a kids job.

If you don't like McDonalds then get a skill such as a CDL for example. I have a
son doing $1800+ a week driving 4 1/2 days a week. He quit high school at 17 and
now owns a $300,000 home, has 7 kids, and is home 2 1/2 to 3 days a week.

Where and how you choose to work is your personal gold mine, not a sweat shop or
a salt mine. Choose a mine with a piece of the mother lode, as opposed to fools
gold [AKA McDonalds]. A major contributor to financial success is your personal
ATTITUDE.

You are the only person responsible for your life style as you reach the mature
years. Accept the responsibility.

An interesting observation: All of your Senators and Congressmen are heavily
invested in the Equity Market [stock market]. Don't you wonder why? As corporate
profits go up, their net worth goes up!

I suspect you can easily invest $10 a week ... give up 3 packs of ciga---buts,
or 2 six packs ... or a $10 lottery ticket. A simple $10 equity investment in a
conservative mutual fund will produce more than $60,000 in 30 years. Invest 2
hours pay a week and the same fund will yield almost $250,000 in 30 years.
Factor in pay increases [inflation] and it is easy to have a $1,000,000 fund to
convert to an annuity at retirement.

I opened this with the following: "Your retirement planning is YOUR
RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the
responsibility of your employer. It is NOT the responsibility of your union. The
responsibility is Yours alone!" It is true!

/s/ DD, W1MCE

NOTE:

Is somebody drinking the Kool-Aid? Who has any retirement anymore? That long
ago was robbed from the American worker as they are doing with health
insurance now.Sorry, but all that crap I learned in school in "economics"
class was just that...crap.





The profit SOARS. That's a shame because it means your retirement account
SOARS,
your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit
stuff, it's too good for us.

Corporations are groups of people, my IRA, my 401k, my retirement plan,
who
invest our money in corporations in the expectation that they will make
profits.
Profits increase the value of equity [stock shares] and the amount of
money you
can draw on when you retire. If profits are not made then your IRA, 401K,
etc go
bankrupt and you will never retire.

Be careful of that profit stuff. It may be too good for you!

/s/ DD, retired and loves watching my equity increase.

On May 17, 9:48 am, "Smokey" wrote:
Is somebody drinking the Kool-Aid? Who has any retirement anymore? That long
ago was robbed from the American worker as they are doing with health
insurance now.Sorry, but all that crap I learned in school in "economics"
class was just that...crap.


I used to have a calendar of naked stewardesses-"Stripped" of their
pension.

A few of them were good looking broads, as Frank would have put it.
(Maybe he did!)

I wish I still had it because it was a good reminder of what
America's corporations mean to do to all of us.

On May 15, 7:35 pm, Dave wrote:
Chuck Harris wrote:
Uncle Peter wrote:

Good God. Another American company gone Pacific Rim.

Not to worry Peter, they are all going as we slide our
way into third worldness.

And all so we can get xyz for a few bucks less at Wally World.

The part that annoys me to no end is when the USA made product
becomes made in China, the price to the consumer stays the
same. The profit soars, but the price doesn't change, or
goes up.

-Chuck

The profit SOARS. That's a shame because it means your retirement account SOARS,
your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit
stuff, it's too good for us.

Actually it is. Like rich foods it can kill us. It is killing us.

Corporations are groups of people, my IRA, my 401k, my retirement plan, who
invest our money in corporations in the expectation that they will make profits.
Profits increase the value of equity [stock shares] and the amount of money you
can draw on when you retire. If profits are not made then your IRA, 401K, etc go
bankrupt and you will never retire.

Be careful of that profit stuff. It may be too good for you!


Hopefully you will die before the house of cards collapses....

I don't say that to be mean: the notion that we can outsource to
China and have it made for nothing while profiting from it forever is
nuts. The Chinese are going to either sell the tech to all comers at
just over cost and disintermediate you, or they will keep the quality
of yore and raise their price to you, disintermediating you.

Like Harry Mudd, you will get tired of hearing the "d" word.

The Chinese do not need our "service' and "knowledge workers" to make
50- or 5- year old technology. In fact they can natively build
microprocessors two generations-i.e. 36 months-behind ours. Our only
advantage on an absolute basis is the leading edge, and in having an
aerospace level supply chain with melt-to-ship traceability.

When they have that, they will dump the dollar and implode your
precious 401K and tech stock holdings. It will ruin them in dollar
terms, BUT THEY DON"T CARE. What are we going to do, repossess their
houses? Ruin their credit ratings? Refuse them future check cashing
services?

It's not as if they are a family living in St. Louis or Seattle who
could be put out on the street. They own their street, their houses,
and have a military to keep it so. The rules of consumer credit do not
apply to sovereign nations with effective militaries.