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View Full Version : Magma Engineering Going Out of Business



405grain
03-12-2024, 03:48 PM
I heard about this on another website. Seems like they're folding up shop and putting everything up for auction. (several pages of stuff) I'll post a link, but if it is against any site rules Mods let me know and we'll take it down. Kinda sad to see them go. https://www.bidspotter.com/en-us/auction-catalogues/bscar/catalogue-id-bscar10197?pagesize=120

M-Tecs
03-12-2024, 05:08 PM
Various posts here on this but thanks for the auction listings. I wish I was closer.

https://castboolits.gunloads.com/showthread.php?465087-Did-Magma-Engineering-go-out-of-business

https://castboolits.gunloads.com/showthread.php?465898-Now-that-Lathesmith-and-Magma-are-gone

hermans
03-15-2024, 10:54 AM
So sad to hear that...I want a bullet feeder for my Star, kept on postponing the purchase....now it is too late:killingpc
I will have to make one for myself now......

fredj338
03-15-2024, 05:29 PM
Yeah bummer. Price of my magma just went up, or down of it breaks.

Bazoo
03-15-2024, 07:16 PM
I'm certainly sad to hear it. I wish I'd had the chance to pick up a master caster.

Tazman1602
03-15-2024, 07:58 PM
WOW, just WOW. I guess I should be happy I never pulled the trigger on a Star sizer or Magma caster. I can’t believe *someone* isn’t going to buy the rights to these and keep on producing them…..

Art

dverna
03-16-2024, 02:27 AM
WOW, just WOW. I guess I should be happy I never pulled the trigger on a Star sizer or Magma caster. I can’t believe *someone* isn’t going to buy the rights to these and keep on producing them…..

Art

I, on the other hand, am happy I got my Master Caster a few years ago. I have had a Sizer for 5 years and recently bid on another one. I don't need it, but it will not go down in value and nice to have a spare.

Rockindaddy
03-18-2024, 09:36 AM
I looked at the auction machinery and tools to go down on March 21 st. Only saw one double acting vise(the vise necessary for cutting the mould cavities) and a few hundred completed moulds. Wonder what will happen to all the cherries(term for the cavity cutters)???? To bad they are quitting business. I really like my Master Caster. Makes a lot of cast boolits! Sold my big Rotary Magma Super Caster as it is too much to run. It uses 6 two cavity moulds. Will easily make 1500 boolits an hour. I do have a bunch of moulds but is always nice to be able to order a new mould for another caliber. Hopefully someone young and ambitious will buy all the fixtures and tooling and offer Magma style replacement moulds.

M-Tecs
03-18-2024, 10:37 AM
I don't know if Magma ever machined their own molds? On another link someone posted the name of the machine shop that was doing the molds for them.

Super Sneaky Steve
03-18-2024, 12:20 PM
WOW, just WOW. I guess I should be happy I never pulled the trigger on a Star sizer or Magma caster. I can’t believe *someone* isn’t going to buy the rights to these and keep on producing them…..

Art

The Star sizer is the best in the business. I'm very happy I have mine. It's built well so parts shouldn't be an issue. It does use some off the shelf rubber rings that I was able to buy on Amazon.

m37
03-18-2024, 12:30 PM
I don't know if Magma ever machined their own molds? On another link someone posted the name of the machine shop that was doing the molds for them.

someone posted that nwesti.com had made molds for them I had posted I didn't think so
as they make Iron molds but mostly sell to the commercal casters I called mark the owner he said he had not

you can see a cherrying fixture on a bridgeport in the auction sale catalog
the guy that cut the molds got a job somewhere else a few years ago but came back to work for them
also they couldn't get the grade of iron they used for molds they finally found a company in spain
that put them way behind

jdgabbard
03-19-2024, 03:31 PM
You'd figure that a company like that would sell the business as a whole, up and running, to someone who wanted to keep the line going. I don't know if the owner reached out to anyone to gauge interest, but that is what I would have done....

Plate plinker
03-19-2024, 08:00 PM
You'd figure that a company like that would sell the business as a whole, up and running, to someone who wanted to keep the line going. I don't know if the owner reached out to anyone to gauge interest, but that is what I would have done....

I thought it was said that it was sold to someone in Australia?

atfsux
03-20-2024, 12:41 AM
I thought it was said that it was sold to someone in Australia?

Yes, it was. https://www.facebook.com/profile.php?id=61557203067249

M-Tecs
03-21-2024, 10:14 PM
Wow other than the one lot of sizer dies everything went way under market value for the area I am in. The site locked up, so I only looked at about 1/2 of what was sold.