I bought a new Myford ML7 in 1969, brand new so the profits went to the factory as opposed to buying second hand.
I bought a brand new C7 Capstan Tri-lever in about 1985, again profits going to the factory, just to point out that I have supported them directly.
My ML7 and C7 had their beds ground on their slideway grinding machine, I have no idea what age it is but it is still the same machine they use today.
Last time I was over in China at the Canton show I made a point of asking on the various stands how old their slideway grinders were. It was an interesting exercise getting this across. The answers ranged from don’t know to 1 year old, 6 months old and we are waiting a new CNC grinder from Switzerland.
The reason I asked this was that 3 years ago now I was getting some tooling reground and asked the guy at the tooling place if they were busy. He said they were but they could be busier if they could get the new machinery they needed. Turned out that that years total production and most of the coming years production was going to China.
His comment was they are making tooling we can’t and not only that they are making it on machinery we have never even seen.
I don’t want to bash British engineering but why should we pay thru the nose for a 60 year old design produced on outdated machinery, that’s their problem, not ours.
The basic Myford lathe is a very simple design and cannot warrant a price tag of £7,000.
John S.