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Here is an article about a vinyl pressing company startup learning about the industry ups and its downs.
They seem to be honest, just didn't realize how much upkeep the equipment needed. Record pressing machines have always seemed to me like 19th century steam engines. I always picture Chaplin trying to get out of working them!
But not to make light, I really do hope someone steps in and saves the plant.
Sounds like they didn't really do the necessary work before opening for business. Why were they still learning how to operate a record pressing plant while actually operating a pressing plant? Seems as if they left a lot of business on the table.
"... only a very few individuals understand as yet that personal salvation is a contradiction in terms."
Except that it appears that it was the unreliabilty of the equipment (presses) that was the main cause of the closure. The company was trying to raise capital to replace them with modern equivalents before they were forced to close.
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