Monday, November 12, 2007
A few weeks back, the nature of Meade’s difficulties became more clear when the amateur community was made aware of an audio-teleconference (with Meade investors) and (thanks to the thoughtfulness of Herb York) the disclosure of a letter to Meade dealers outlining the situation. The combo revealed (or seemed to) the following:
- Meade is considering selling and is looking for a buyer.
- All production is being moved offshore.
- RCX production has been halted to allow Meade to address the scopes’ engineering “issues".
- RCX production is suspended "indefinitely".
- The MaxMount scopes are suspended “indefinitely.”
- Meade intends to stay in the “high performance” telescope business.
- Meade cannot continue to build telescopes in California; all production is moving to Mexico or to its Chinese “partners.”
- The “indefinite” suspension of the RCX/MaxMount scopes referred to in the Dealer Letter was not meant to be read as “permanent.” Meade “Intends to be back up and running soon…once the LX line is operational [in China or Mexico] [they] will move on to production of the RCX and MaxMount.”
- Meade’s headquarters will remain in Irvine.
- It’s “hard to predict” whether or not Meade will be sold.
- Meade will continue to support/service its amateur scopes.
While I'm (fairly) sure Meade will continue to provide service for its scopes, I'm already hearing it's hard to get a Meade scope fixed at the moment due to (so says the grapevine) "personnel shortage issues" in Irvine. Let us hope this is a temporary effect of this, uh, "transitional period."
It's also not clear from any of the Meade letters/conferences exactly where Meade telescopes will be made. Will the components be produced in China and assembled in Mexico? Will some scopes be assembled completely in China with Chinese components? Where will the amateur scopes fit in?
The last word? Wait and see, Meade fans. I suspect we won’t know what’s a-gonna happen to ol’ Blue until the Christmas season is over (shame Meade has lost the wonderful Christmas outlet provided by the now out-of-business Discovery Channel Stores).
Is meade still have financial problem? I'm interested in the lx90 10 " but would not buy the company still suffer from financial problem. Is quality control andcustumer service is getting better since they moved the factory to mexico?
I would say the LX90 is not a good bet right now. It's had too many problems since Meade moved to Mexico.Post a Comment