GMC goes belly-up

Another Australian success story . . . . almost.

"Global Machinery Group has 45 workers and is based in Tullamarine, Victoria.

Its brands include GMC, Triton and Redeye.

Ms Chesser said the group's turnover had dropped in recent times but was still around $100 million a year.

It also holds a number of valuable patents and trademarks, she said.

The group was established in 1997 and has markets in the US, Britain, Italy, Germany, France, Canada and New Zealand.

The company recently cut its involvement with the recent Australian Motorcycle Grand Prix by withdrawing as naming right sponsor.

GMC was founded by ex-Black and Decker employees Peter Hosking and Tony D'Antonio. BRW magazine recently valued their combined wealth at $270 million.

AAP "

Its certainly no surprise to me,They throw there products at people no end..I heard time after time Tradesman buying there products and putting them through the wringer for a day only to take it back to Bunnings for a no questions asked replacement...(firstly they are only really made for the handyman)...Like black and decker (maybe a little better)

I'm sure Makita and all the others will be happy about it..


Cheers

some of the stuff they sold was good for the price

Ozito next.....?
lets hope not it will keep the makita's, dewalt's etc etc honest.....its all i buy

Sad, but hardly surprising, they sold reasonable quality gear way too cheap with warranties which were way too good, so like said above tradies surviving on their gear very cheaply, n gettin a new one when they break it.

Ron

They just started selling inverter gennies too, at about half what a Honda cost and looked pretty much identical except for the colour ;-))

I'm not surprised that they have gone down as Bunnings who were probably their biggest retailer of the GME brand discontinued selling then a couple of months ago. Considering the number of Bunning stores it would have been a huge loss for GME

Cheers Dave

The loss of GMC tools won't worry me as I don't have any but the Triton range is excellent & will be missed. I have a Triton Superjaws vice & its the handiest tool in my shed. I'm just deciding if I can load it in the van or ute when I head off.

Remember it's only cheap if it works and yes they were aimed at the handyman. In this case cheap came at a cost. The good news for anyone who owns a GMC product needing warranty or support is that it was probably cheap enough to be a throw away.!

I don't think many of the so called "cheap" brand tools are necessarily cheap.

For example
4'' Grinder - Well known brand - $200.00 - Lasted 10 years
4" Grinder - Cheap brand - $40 - Lasted - 6 months.
Do the maths?

Both used by the same person in the same conditions.
I don't think weather its a handyman using them or a tradesman is really relevant. Its the amount of hours they last compared to each other for the price.

Cheers

I have to say i have a GMC grinder and it has had a hard life. My kids use it and abuse it as well and it would have to be 4 years old now and still going strong. I only bought it cause i was building a shed and needed a grinder. Didnt think i would use it again but it has been a handy little tool
cheers
patrolman

Pity that.

They did make some very good stuff.

Their 18 volt cordless drill was virtually unstoppable. We thrashed the daylights out of one for 12 months at which time it stopped going into reverse and was just used for drilling as opposed to screwing. My conscience wouldn't allow me to return it, so we simply bought another and it was too going strong until the pair of them got pinched.

Quality gear? Our $200 Ozito drop saw carked it after 12 months, again I did not claim warranty as it was used commercially. I rang the tool shop and enquired as to a quality one eg Makita/Hitachi, around $1000 and only a 1 year warranty. Bugger that, I bought a $220 Ryobi.

We flog the bejesus out of tools and unless the manufacturer is prepared to offer me 5 times the warranty, I'm not prepared to pay 5 times the price.

Jim.

i only use bosch stuff now. i have ozito cordless drill 12v batt pack stuffed. xu1 angle grinder fried the contacts and put new ones in and still stuffed, bought a cig weld goes great, bought and ozito gasless mig, its ok, i have an ozito 9" soft start angle grinder/ buffer and it goes okay. xu1 drill the hammer setting kicks in when leat wanted.

what i have in bosch is a 4" grinder, small orbital sander,12v cordless drill and will be replacing my power tools with bosch as i don't get to play with them much these days!

but different strokes for different folks.

good tools are worth the price you pay. my dad has a bosch drill that lasts like 20 years.

And yet I have an unknown brand 4.5 inch angle grinder I bought from supercheap auto about 5 yrs ago for $30, use it for work all the time and lives in a milk crate in the back of the ute. Apart from 2 new sets of brushes and a new power lead the thing goes like stink still and is still showing no signs of dying.
Thats value for money!

Once good but got greedy and produced crap with no back up.
Took 12 months for a waranty claim.

All the best
Eric

I was in Bunnings 2 weeks ago and asked abour GMC to Trade air , compario . The told they were not buying GMC anymore due to the massive return rate