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Monarch history from birth to bankruptcy (1909-2001)

There are other threads in this forum that have more details if you are interested in Monarch history. The lathes.co.uk site has always been a good site for information about different lathes.
 
Very good report on the live of Monarch lathe, but a real big factor in the end of life for Monarch was the massive amounts of Military metal working machinery that was dumped on the machine tool market from 1980 on...Keep in mind that the us military bought 75% of the machine tools in the 1950s and 60s. I bought quite a few machines in them days from military surplus, and the prices fell like bricks from a 2 story window. It had to hurt all of the USA builders...Phil
 
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