Rising costs, minor price increase across all patterns.

Nathan the Machinist

KnifeMaker / Machinist / Evil Genius
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Knifemaker / Craftsman / Service Provider
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There will be a modest price increase on existing patterns going into effect now. I wanted to announce this outside of a sale because sometimes folks post on sales before reading everything and I wouldn't want there to be an unexpected surprise. The cost increases will be relatively minor but are necessary to reflect the rising costs of production since the pricing models were originally established.

It also reflects the additional work we're putting into our knives now that wasn't figured in on the original pricing models. We've been selling everything as "Field grade with tool and grind marks visible" but we've refined our process and have added some steps where I believe our fit and finish for "Field Grade" has become pretty clean.

The original Shiv, UF and Field Knife weren't even ground, they were just "as machined". Today our work is given a light hand grind to make a convex geometry at the shoulders and some get a shallow S grind as well. Despite being production knives these grinds go through the same manual finishing progressions of a fully hand made knife.

We consume about 2,000 CNC machining center spindle hours for the machining steps per 1000 knives. Think about that for a moment.

We're seeing price increases coming at us from every direction. There is more inflation in industry than people realize because the consumer price index includes things like food and fuel and energy costs that are constrained differently than the raw materials and consumables that go into manufacturing a product. This inflation is not always visible to the average person, but believe me folks, there is real inflation right now and it is effecting people like me.

A carbide insert that was $13 the last time I ordered them is now $16 today. A carbide endmill I used to get for $45 is now closer to $60. A bucket of cutting fluid is up to $90 from $80. A grinding belt that was $3.60 is now $4.10.

People have been saying I need to raise prices for a while (supply and demand etc. and when was the last time a sale took more than ten seconds) but I haven't wanted to do this because our core driving philosophy here is intrinsic value "bang for the buck". We focus on achieving high performance through optimized design, materials and metallurgy without unnecessary non-functional fluff. Our knives are very expensive, but compared to other high performance high end knives we're pretty affordable. In my quest to provide real intrinsic value for our work I have resisted the call to raise prices to better balance supply and demand. So please understand that's not what this is. This isn't a money grab. It's acknowledging that costs have gone up and we need to adjust our pricing accordingly.

So, to summarize: We're putting more into our work than ever before and our costs for everything from raw materials, packaging, hourly rates and consumables have gone up. In order for us to be able to continue to produce these kickass knives we need your support and your continued interest in our work. And we need a little raise.

I'll address this on a pattern by pattern basis but expect to see a 5-25% price increase on most established patterns.

Please understand that you, our customer, are very important to us. We strive for your satisfaction. I recognize that a higher price comes with higher expectations for that satisfaction. You can trust us to produce the sort of high quality knife that you can stake your life on and depend upon for a lifetime. I don't think there is anyone in the industry that is better than us at what we do and I hope that you'll agree that we still represent a bargain here at the high end of the high performance knife industry.

Thank you, every single one of you, for your patronage.

Nate, Jo and Mark
 
We (I'm sure that most would agree with me) rather see that you reap the rewards of your hard works instead of pinching pennies (a business model which was adopted by some others) to curb costs which would lead to eventual demise of quality, if not the entire business. The fact that your knives get sold in the secondary market anywhere from 25% to 100% (or more!) markup at any given time, is a testament to the fat that aside from the word-of-mouth "hype" and a healthy sellers market when it comes to your products, there's a genuine demand which will absorb the price increase at the maker's end. Hopefully this will also curb the escalating secondary market prices and if it doesn't, rise your prices agin till it does :D

You guys have also been subsidizing things quite a bit (for instance shipping & handling of $10, no matter the size of the knife). I know that it is somewhat taken for granted (in this industry) that most sellers don't even "charge" for shipping, we all know that it's still part of the cost, whether hidden or what not! While single knives selling in the 300-500 range are not cheap to the average none-enthusiast, those of us who have been around for a while and have acquired your products had decided long ago that you not only offer great products but also offer great values in terms of the quality of the products, cost and the continued customer care. We will be around rooting for your collective continued successes, while clamoring all over each other to grab whatever CPK which we can.

Cheers, :thumbsup: :thumbsup:
 
Thanks for the post explaining ... but I think anyone that owns your knives know that what we get is a great value at your prices and even with an increase to cover your expenses I believe they will still be one of the best values for the quality and customer service and interaction you provide.
 
As they say... 'shut up and takes mah moneez!'

I work in a custom manufacturing company where most of our cost is associated with structural steel, sheet metal and copper. Materials have skyrocketed in the past 6 weeks due to the current administration imposing tariffs. Politics aside, the immediate repercussions are that supply and demand have gone... bonkers. Stainless steel sheet - from the mill - has jumped 50% in 3 weeks, only to be back to normal pricing today. It is insane. The bigger problem is then suppliers and distributors 'hoarding' what they do have in case they have a big call for it next week. If a supplier has it they may not actually sell it. I spend probably a day a week now dealing with material supply issues, and this is not may area of responsibility in any way.

I can only imagine the exotic alloys in small quantities are equally crazy. If that cost is passed along to the consumer, that's the way the world works.
 
I think one positive outcome from the rising material costs is potentially additional profit at places like Niagara and Crucible. These guys have been squeezing by with narrow margins for a while now. It sucks to be a US steel maker. Some additional wiggle room there could lead to space to create new alloys or improve processes. I'd like to see a finer mesh size on my 3V but there are some unintended consequences when making changes to a process like that (larger surface area causes additional oxygen uptake causing other problems) which would require additional R&D and process refinement when they make the steel. There is no money for that sort of thing now. With the tariffs raising the costs on imported material they might get some room there. We were looking into it for the billet made for our run of BC. It's not ready yet but it's on the table. And tariffs on imported steel could make that possible.

Buying it in bulk I have $155 worth of bulk steel in a single competition cutter from Bohler Uddeholm. The next time I go to buy V4E it may cost even more. If Crucible had room to raise their prices perhaps they could develop their 4V into something better than V4E. (they're the same alloy). I always prefer to buy American if I can, so I'd like to see that.
 
Fully understand and surprised you haven't considered it sooner. Your knives are truly special. If I can ever produce something half as amazing as the 3V Field Knife I have from you I'll be able to die happy lol. A chopper is still in my wish list even if the price doubled I'd happily support it.
 
I go on and on
Can't understand how I last so long
I must have super powers
Consume 2,000 CNC spindle hours
Get it calculated do the math
I made a thousand knives and they were gone that fast
And for the last two dozen months
I made Delta 3V with my name on the front and uh
Where you get your 3V?
I heard ninety three manufacturers can’t afford R&D
 
Price increases are completely understandable, and the quality of your work and demand speaks for itself.

Now the REAL question is,... does posting in this thread get me any extra priority in upcoming sales and preorders?:D
 
I go on and on
Can't understand how I last so long
I must have super powers
Consume 2,000 CNC spindle hours
Get it calculated do the math
I made a thousand knives and they were gone that fast
And for the last two dozen months
I made Delta 3V with my name on the front and uh
Where you get your 3V?
I heard ninety three manufacturers can’t afford R&D

^ that is awesome :thumbsup:
 
Thank you for the heads, very kind of you. The quality and top craftsmanship of your products speaks for itself, no explanation needed otherwise :-) I know for as long as I can purchase CPK knives I’ll be here
:-)
 
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