Yates Precision Manufacturing is closing, likely getting acquired

YPM just sent out this update:
https://mailchi.mp/yatesprecision/important-ypm-update

Good luck Jake hope thing go well in your new venture. Having had small business it was wonderful, but it owned me 24 x 7 x 366.

Thanks for sharing Stickshift Best to Jake and Ashley ! Now the guessing game as to who is acquiring YPM......Oh Shaaaane Blackland Razors

Razor Emporium as they purchased equipment from Yates several months ago.

wishing the best for Jake and his family. I've chatted with Jake a few times early on and he was super nice.

I wish only best to Jake and his family, not easy but right decision. Their razors are one of best bang for buck. Hope they will be back one day in future

Whether it continues to be the best bang for the buck may depend on who takes it over....

Whether it continues to be the best bang for the buck may depend on who takes it over....

Now this is quite accurate.  Something in the business model made it challenging for YPM and obviously they didn’t overprice their products.  Maybe they undervalued their service to wet shavers?

Personally I think it is really difficult to have a BYOR and not charge double to triple what they did.

BYOR?

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BYOR?

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Build Your Own Razor, by choosing from different available options of baseplate, handle, finish, etc