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  1. ironman

    Kirby Company sold to Right Lane Industries

    There must be a missing factor we are all missing here on why Warren Buffet and all his billions of dollars did not feel Kirby was worthy of an infusion of money to truly modernize their product line in all the right ways. Instead he milked it for all it was worth and sold it after it had...
  2. ironman

    Kirby Company sold to Right Lane Industries

    My guess is if Kirby continues with the same sales tactics they will have to raise both their wholesale and retail price significantly ASAP! They lost a significant amount of cost savings when they were detached from Berkshire’s money and the direct connection to Scott & Fetzer’s Northland and...
  3. ironman

    Kirby Company sold to Right Lane Industries

    RLI previously seemed focused on behind the scenes industrial companies. Kirby looks to be their first step into consumer products. As they try to ‘re-establish’ things they will likely find it to be more complicated than they thought. Its the same reason Rexair/Rainbow was sold 4 times within...
  4. ironman

    Kirby Company sold to Right Lane Industries

    Somebody should just call Kirby HQ and see what they say.
  5. ironman

    Kirby Company sold to Right Lane Industries

    SRX is still basically the 20+ year old e-series with a sliding water basin right? I heard the SRX is more problematic than previous Rainbows. The company that bought Rainbow recently was a company that previously owned them years back and was able to rebuy Rexair at a considerable discount.
  6. ironman

    Kirby Company sold to Right Lane Industries

    Rexair has been sold 4 times in the last 15 years or so and last time it was sold was for around half the amount it was sold over a decade and half ago. I think most people believe Rainbow quality has been declining in the process..
  7. ironman

    Kirby Company sold to Right Lane Industries

    Im not even sure Kirby even had a real ‘modern’ engineering department over the last decade. Likely fired all those old dudes years ago and just farmed out minor engineering and design stuff. An all new machine was never going to happen, and likely still wont happen. I’m just expecting them to...
  8. ironman

    Kirby Company sold to Right Lane Industries

    No hospitals or any institution that requires real sanitization of airborne viruses will use a water vac to filter and contain them. Water has been shown to be a horrible filter and is the reason why Rainbow had to hide a Hepa filter inside their machines so it would actually catch tiny...
  9. ironman

    Kirby Company sold to Right Lane Industries

    Berkshire Hathaway stock reached an all time high this year (2021) so the sale of Kirby was not done in some desperate need to raise cash, but rather a method to purge an outdated company that no longer fits in with the corporate family. Berkshire had all the money in the world to invest into...
  10. ironman

    Kirby Company sold to Right Lane Industries

    Filterqueens always remind of a cheap plastic trashcan with a motor attached on top.
  11. ironman

    Kirby Company sold to Right Lane Industries

    I wonder if the new owners have the right to terminate existing contracts with their current dealers. I assume their was likely a clause hidden in there just in case something like this occurred.
  12. ironman

    Kirby Company sold to Right Lane Industries

    The problem is if Warren Buffets money wasn’t enough how is RLI going to do it when they are seriously under capitalized in comparison to Berkshire Hathaway’s big bucks. I just don’t think RLI is going to pump money and resources into a new Kirby as much as they are likely to just remove items...
  13. ironman

    Kirby Company sold to Right Lane Industries

    With Scott & Fetzer selling Kirby it will be interesting how United Finance treats Kirby dealers now that they’re no longer required to be used as a method to help prop up one of the former sister corps under the Scott & Fetzer umbrella. Also Kirby was one of Northland biggest motor customers...
  14. ironman

    Kirby Company sold to Right Lane Industries

    Looks like Kirby has already been purged from the Scott & Fetzer consumer brand list: https://scottfetzer.com/brand-portfolio/
  15. ironman

    Kirby Company sold to Right Lane Industries

    Its doesn’t look as if Kirby is still associated with Scott & Fetzer. The next week or so things will become more clear regarding how things are arranged.
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