Is Grizzly Tools Going Out of Business in 2024? Updates

Derek M. Sloan
12 Min Read

Woodworkers, metalworkers, and DIY folks have counted on Grizzly Tools for decades. If you’ve ever priced out a big jointer or browsed catalogs stacked with lathes and sanders, you probably know the name. Lately, though, you might have noticed rumors online swirling around whether Grizzly Tools is actually going out of business. Let’s sort out what’s really happening, what’s just speculation, and what it all means if you’re thinking about buying a new piece of machinery.

Are Grizzly Tools Still Operating Right Now?

Plenty of people are wondering, but the answer is: Yes, Grizzly Tools is still up and running as of mid-2024. The company hasn’t made any official announcement about shutting down. Their products are still being sold through their website, online catalogs, physical showroom, and through plenty of dealers across the U.S.

You can hop onto the Grizzly website today and see a wide inventory, regular promotions, and updated stock for big woodworking and metalworking machines. Some folks even mention getting fresh catalogs in the mail in recent months. That’s probably not what a business going under would be doing. On social media and in woodworking forums, you’ll see some people worried about a closure, but Grizzly’s basic operations seem unchanged.

Grizzly distributes from warehouses in several states, which makes shipping faster for customers everywhere. With warehouses in Tennessee and Washington—plus a few smaller distribution points—they’ve kept their logistics network running. That’s been a key part of the company’s ability to keep shipping on time, even when supply chains were unpredictable over the past few years.

Why Are There Rumors About Grizzly Going Out of Business?

So where are these rumors coming from? There’s no single big public statement or news event that started them. Instead, it’s more of a slow build. A lot has to do with some recent business challenges, store closures in certain regions, and internet buzz about customer service issues.

It’s honestly not too surprising. Over the last few years, many tool companies (especially those with physical showrooms and big inventories) have had to make tough decisions. Some things, like the pandemic, shortages of raw materials, and inflation, have affected lots of businesses—including Grizzly.

If you’re a loyal customer who saw their Pennsylvania showroom close, for example, it might have felt like a bad omen for the whole company. But that kind of move is sometimes just a way for a company to cut costs or refocus resources, not a sign they’re about to disappear.

Challenges Grizzly Tools Has Run Into Lately

Let’s break this down. Every company has ups and downs, but 2022 was a rough year for Grizzly. They reported a net loss of $10 million. While that number might sound huge, and it isn’t fun for any business, it doesn’t automatically mean bankruptcy is around the corner. Many companies ride out years like that by streamlining or changing strategy.

The tool industry has gotten a lot more competitive. E-commerce has made it easier for buyers to opt for big-name general retailers or new international players. Shoppers have more choices than ever, and some find lower prices from newer online-only brands. That eats into older companies’ sales, Grizzly included.

Supply chain problems affected pretty much everyone starting in 2020. Grizzly sources machines and parts from all over the world, so global shipping delays or price hikes in steel really matter. If you’ve had a tool order backordered recently, you’re not alone—this has been a headache for Grizzly, too.

Grizzly’s higher-end tools appeal to a specific customer base. But as competitors ramp up their marketing or offer lower prices by cutting corners, regular folks sometimes look elsewhere. When customers are price-sensitive, companies start feeling squeezed.

How Customer Service Issues Shaped Public Opinion

One of the biggest sources of concern among customers is Grizzly’s customer service track record. In the past couple of years, there’s been an uptick in public complaints. Some people say they struggled to reach representatives, got slow responses, or weren’t happy with how issues were resolved.

It’s easy to see how this starts the grapevine effect. One negative social media post gets shared, and then more people worry about whether the company is overwhelmed. A few customers describe difficulty with returns, wrong parts, or confusing instructions—experiences that feel more frustrating if there’s nobody answering the phone.

Still, these stories offer only one view. For every complaint online, there are many buyers who got their drill press shipped on time and had no issues. Businesses often get more public complaints during times of transition or high stress (like warehouse moves or staffing shortages).

Then, rumors about questionable customer service can quickly blur into worries about the company’s overall health. Satisfied customers usually don’t leave long reviews, but unhappy ones tend to write a lot. That’s made the internet discussion sound more negative than it really is in the grand scheme.

What’s Going On With Grizzly’s Store Closures?

Now, let’s talk about something that often confuses people: the closure of Grizzly’s Pennsylvania showroom and warehouse. That location, once a popular stop for East Coast buyers, was officially closed not long ago. The company explained that it was a business decision, aimed at consolidating distribution and making the whole operation more efficient.

Businesses do this more than you might think, especially when costs rise or when in-person sales change. Online orders have overtaken walk-in traffic for many tool companies. Grizzly’s decision to close one location and keep its other facilities active doesn’t signal an immediate shutdown—it’s about reducing overhead and adapting to new customer behavior.

Other Grizzly locations remain open, and shipping from their main warehouses is continuing. They’re still supporting a fair number of independent dealers across the country, too, so you don’t have to rely exclusively on their own stores for access.

No company likes to downsize, but it’s sometimes necessary to weather tough financial times or shifts in the market. Moving resources out of one location can actually allow them to keep things afloat elsewhere.

Is Grizzly Still Worth It?

If you’re shopping for a jointer, table saw, or even a handful of router bits, you might be wondering whether you should trust Grizzly Tools in 2024. So far, they’re shipping orders, rolling out new models, and answering questions via their normal channels.

It’s true that some longtime shoppers have noticed changes—from the closure of that Pennsylvania location to the slower responses from customer service. At the same time, plenty of people are receiving machines and posting about their projects on woodworking and metalworking forums.

No sign points to a total shutdown on the horizon. It might help to look at other tool retailers that have scaled back but haven’t vanished—sometimes, companies learn to go leaner and come back stronger.

If you want more insight into how companies adapt during tough times, this breakdown offers a closer look at common strategies. Often, companies in manufacturing have to rethink their sales channels instead of quitting entirely.

Should You Be Worried About Ordering From Grizzly?

People who order now are still getting their machines. Sometimes there’s a delay, but that’s usually explained by ongoing supply chain challenges, not a hidden company collapse. Payment methods, delivery tracking, returns—they’re still working. Independent dealers also report continued shipments.

Shipping a heavy lathe or planer isn’t simple, and anyone in the business can get bogged down by logistics. Grizzly’s distribution network means most orders are still processed and sent out from U.S. warehouses, with reasonable support for replacement parts and warranty claims.

If you’re someone who prefers face-to-face shopping, you will miss the Pennsylvania showroom. However, the online store and customer service phone number are still in service. Some buyers report better experiences sticking to email or using the support ticket system online, instead of calling during peak times.

What Could Change for Grizzly Next?

All the evidence points to a company that’s adapting—sometimes in tough, imperfect ways—not one on the verge of disappearing. They’re responding to market shifts, updating inventory, and trying to keep shipping running smoothly. If more showrooms close, or if supply chain issues get worse, that may shift how they do business. But a total shutdown isn’t on the table yet.

If you’re thinking about a big tool purchase, consider your comfort with some unpredictability and weigh that against what Grizzly offers. The company is still established and maintains warehouses, dealers, and an up-to-date online catalog.

For many tool buyers, the concern is less about “Will Grizzly go out of business today?” and more about “Will I still be able to get the right support and parts tomorrow?” So far, the answer seems to be yes.

Wrapping Up: What Grizzly’s Future Looks Like Right Now

There’s always some anxiety for buyers when a favorite brand faces uncertainty. With Grizzly Tools, the story is more about a tough period of adjustment than a dramatic end. The company is still operating in mid-2024, still selling machines, and still providing service through its usual channels.

Rumors of Grizzly’s closure are mostly based on understandable worries—some real, some exaggerated by online chatter. As of now, there’s no official announcement or evidence that the company is about to shut down. Operations are ongoing, even if they’re sometimes a bit bumpier than loyal customers would like.

If things do change, you’ll probably hear it directly from Grizzly or see it reflected on their main website. For now, tool buyers can keep shopping as usual, knowing they’re dealing with a business working hard to stay relevant in a changing market. If you’re a Grizzly fan, you haven’t lost your go-to tool supplier—at least, not yet.

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