I no longer believe that Pacific rim production is a requirement for financial success for compaies like Buck and have come to believe that the discussion shifts focus away from other important issues such as design, brand management and production.
Companies like Mora (Sweden), Opinel (France) and Victorinox (Switzerland) show us that it's possible to be a successful global brand with entirely domestic production.
Design issues: Buck is known for outdoor fixed blades for inventing the modern lockback. But as companies like Bark River, ESEE and Ontario/Becker demonstrate, there's been a significant shift in tastes in fixed blades towards full flat (and to a lesser extent, scandi/sabre/convex) blade grinds. Cold Steel has improved on (and really improved on) the lock back design with the Triad stop pin and others have improved on the lock back by using more robust (and often adjustable) pivots. These are all design decisions and they have nothing to do with off shore production.
Brand Management: I think Buck is starting to do a better job here shedding extraneous models. But a Buck should look like a Buck, just like a Victorinox looks like a Victorinox or a Becker looks like a Becker or a GEC looks like a GEC. Buck has several core lines like the 110/112/113 family, and the 500, 300 and 100 series and it's frustrating to watch as it appears that the designs are somewhat frozen in the 70s and that Buck hasn't figured a way to keep the distinct Buck aesthetic of these lines (which is central to keeping a brand image strong) while allowing the lines to evolve to meet new customer interests. Putting the Selkirk blade in teh 100 series handle would have been an example of that. I also don't understand the move to do off shore variants of the 300 series slip joints. When quality slipjoints are mentioned, the Buck name is mentioned less often and it seems to me this is what happens when you dillute the brand image by competing with Taylor (Schrade) and Rough Rider. I'm not against seeing Buck diversify into new lines. But it seems scatter shot. I want to see more diversity of options but greater visual consistency within the lines. The 110/112 line needs more options like slim line frames, bear head options, full flat grind options, drop point options. The move towards more choice in the custom shop is a great step in the right direction.
Production: Here, I simply don't buy that off shore is the only way to compete. This is the lesson of Mora, Opinel and Victorinox. To complete you need continually improving tooling and QC (and maybe nationalized health care to free up capital to make those improvements?). The recent Spitfire is an example of this. It's been hammered in reviews for it's sloppy blade play and lock up (and exactly my experience with the Walmart version). It's not enough for us to say, "send it to Buck, they'll take care of you." We should be to say, "buy a Buck and you won't have a problem." Victorinox produces knives at the same price point as Buck and they make them in Switzerland and they're QC is at the top of the game. Ford turned things around when they commited to making quality "job #1" and I would love to see Buck do the same thing.
None of this has to do with the supposed realities that demand off shore production. My sense is that if Buck could up their game in their USA made lines, they wouldn't need off shore made knives.
NOTE: I'm not againt Buck having some off shore lines. But to protect their brand, I wish they would brand them differently, like Boker did with their Boker+ line. Lines that I wouldn't mine seeing moved or kept off shore are the recreational knives (e.g. Redpoint) and the tactical knives. I see both of those lines as "add ons" that are different from Buck's core identity.