Crucible Industries, the maker of numerous knife steels, including S30VN, CruWear, MagnaCut, and anything that begins with CPM, is filing for chapter 11 bankruptcy, and linked below is Dr. Larrin Thomas’s summary of what will be happening. For those not aware, Dr. Thomas is the inventor of MagnaCut and the guy behind KnifeSteelNerds.com.
Dr. Thomas’s article:
https://knifesteelnerds.com/2025/01/06/crucible-steel-is-bankrupt-what-is-next-for-magnacut/
Dr. Thomas’s article in YouTube form:
Dr. Thomas’s article:
https://knifesteelnerds.com/2025/01/06/crucible-steel-is-bankrupt-what-is-next-for-magnacut/
Dr. Thomas’s article in YouTube form: