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sad day for TESORO
Posted by: tony369412
Date: December 31, 2018 05:51AM
Been detecting since 1986 and hav owned many detectors ,including TESORO, i often read many posts andI, learned suddenly the company laid off the majority of the workers.
I, hope they are restructuring, but that does not look like that.
good machine , great in iron



Edited 1 time(s). Last edit at 12/31/2018 05:52AM by tony369412.




Re: sad day for TESORO
Posted by: Confetrit
Date: December 31, 2018 10:30AM
Sad day indeed. Great detectors with one of a kind Lifetime Warranties.

They are down, but not out. We all might be in for a surprise.N/T
Posted by: bulletman
Date: January 01, 2019 01:45PM

(This message does not contain any text.)


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Re: They are down, but not out. We all might be in for a surprise.
Posted by: lytle78
Date: January 01, 2019 02:08PM
Out.

Empty parking lot, phones don’t answer, emails, even from dealers - not answered.....



Rick Kempf

Re: sad day for TESORO
Posted by: silverseeker 2
Date: January 01, 2019 03:29PM
The saddest part is for the dealers and those who hold a life time warranty that BOUGHT in good faith.
Not a word from the Head honcho left at Tesoro. Someone lacks some serious common sense to its
Patrons. Not very upstanding in my opinion. I own a Silver sabre u-max and Eldo.u-max and will
always treasure them as they are fine machines. Glad I sent them in a couple years ago before
the BIG FOLD... R.I.P. Tesoro
silverseeker 2

I have heard that this is not their first shutdown.
Posted by: bulletman
Date: January 02, 2019 07:55AM
I have been watching "for sale" Tesoros online. I see fewer and fewer every day. At some point, the demand will exceed inventories. I have already noticed a lot of "out of stock" detectors in the largest retailers websites. If Tesoro does not start up production to meet the demands, then I will recognize and acknowledge their downfall. If they go down, then certainly others will follow. Another scenario that I have noticed in the past 20 years or so is, fewer younger folks are getting into this hobby. I have a 31 year old child and a 29 year old child who could care less about metal detecting. Their hobbies are Facebook, Twitter, and all the other social media waste of time. Even during our Christmas gathering, these kids, mine and many nephews and nieces could not put their cell phones down for even a few short hours. So, how is it, that these kids can dedicate hours into metal detecting? In my opinion, they can't, it's not in their social media DNA. In closing, I wonder how many more companies will go under?

Bulletman

Shalom

Re: I have heard that this is not their first shutdown.
Posted by: nam1969
Date: January 02, 2019 08:03AM
Quote
bulletman
I have been watching "for sale" Tesoros online. I see fewer and fewer every day. At some point, the demand will exceed inventories. I have already noticed a lot of "out of stock" detectors in the largest retailers websites. If Tesoro does not start up production to meet the demands, then I will recognize and acknowledge their downfall. If they go down, then certainly others will follow. Another scenario that I have noticed in the past 20 years or so is, fewer younger folks are getting into this hobby. I have a 31 year old child and a 29 year old child who could care less about metal detecting. Their hobbies are Facebook, Twitter, and all the other social media waste of time. Even during our Christmas gathering, these kids, mine and many nephews and nieces could not put their cell phones down for even a few short hours. So, how is it, that these kids can dedicate hours into metal detecting? In my opinion, they can't, it's not in their social media DNA. In closing, I wonder how many more companies will go under?

Bulletman

Shalom
You sure got it right . Semper Fi Vet

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Re: I have heard that this is not their first shutdown.
Posted by: lytle78
Date: January 02, 2019 09:06AM
Where would I find the info that this is not Tesoro’s first shutdown? Certainly the first I have heard anyone suggest that.



Rick Kempf

I have heard this on this site and other sites that I am not allowed to mention. Seems reasonable, as many companies lay off employees in hard times.
Posted by: bulletman
Date: January 02, 2019 11:25AM
osted by: dirthunter [ Send a Message ]
Date: October 13, 2018 09:15AM
Registered: 8 years ago
Posts: 89
I contacted Kellyco and they said that they(Tesoro) are still open for repairs and distributions! They have laid off the factory staff and that they have done this a couple of times before. At least that's what they said. Beyond that I don't know.

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Re: I have heard this on this site and other sites that I am not allowed to mention. Seems reasonable, as many companies lay off employees in hard times.
Posted by: lytle78
Date: January 02, 2019 11:46AM
This seems to be a real shutdown, not just a production stop. Local folks in Prescott have driven by and see no activity of any kind at the address on White Spar Road. No one has reported being able to contact them by phone or email.

Octobe 13 was six weeks ago - ——



Rick Kempf

Re: sad day for TESORO
Posted by: Mikel
Date: January 05, 2019 04:14AM
Sad day indeed.

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Re: I have heard that this is not their first shutdown.
Posted by: slingshot
Date: January 12, 2019 09:49AM
Quote
bulletman
I have been watching "for sale" Tesoros online. I see fewer and fewer every day. At some point, the demand will exceed inventories. I have already noticed a lot of "out of stock" detectors in the largest retailers websites. If Tesoro does not start up production to meet the demands, then I will recognize and acknowledge their downfall. If they go down, then certainly others will follow. Another scenario that I have noticed in the past 20 years or so is, fewer younger folks are getting into this hobby. I have a 31 year old child and a 29 year old child who could care less about metal detecting. Their hobbies are Facebook, Twitter, and all the other social media waste of time. Even during our Christmas gathering, these kids, mine and many nephews and nieces could not put their cell phones down for even a few short hours. So, how is it, that these kids can dedicate hours into metal detecting? In my opinion, they can't, it's not in their social media DNA. In closing, I wonder how many more companies will go under?

Bulletman

Shalom
Not only that but favorite "quickie" spots like schools, parks are either fencing others out or placing restrictions on the public. They put up with their public facilities being damaged, but punish careful hunters disturbing a grass blade!

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Re: sad day for TESORO
Posted by: JASONSPAZ1
Date: January 12, 2019 12:27PM
There are only two entities in my opinion who can save the analog legacy of Tesoro. Kellyco and/or First Texas. I would think they know of the fandom Tesoro still has.



"If you walk away from a target still thinking of it,
then go back and dig it"

Metal Detecting in Massachusetts and New Hampshire for 30 years.
Merrimack Valley Metal Detecting Group on Facebook.

I currently use a Makro Multi Kruzer and a Minelab Sovereign GT.

Re: sad day for TESORO
Posted by: chuck, ky
Date: January 12, 2019 04:29PM
First Texas would be good but does Kellyco make detectors?

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Re: sad day for TESORO
Posted by: mrwilburino
Date: January 13, 2019 10:03AM
The cost of all that future lifetime warranty work on nearly 40 years worth of machines is a lot for a prospective buyer to take on.



Fisher Teknetics XP Minelab

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