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Thread: Looks like no more Goex or OE

  1. #1
    Boolit Master brewer12345's Avatar
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    Looks like no more Goex or OE

    Hodgdon shutting the plant down, laying off all the employees and selling the brand if they can find a buyer. Sounds like the end of domestically produced black powder. A sad day.
    When you care enough to send the very best, send an ounce of lead.

  2. #2
    Boolit Grand Master



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    The Hodgdon Family turned the business over to Bean Counting Business School Types.

    http://namlhunt.com/goex-to-close.ht...CFs9YJH8irQZXY

    September 27, 2021



    Hodgdon® Announces Closure of GOEX Facility


    Effective immediately, Hodgdon Powder Company, Inc. has made the decision to cease manufacturing operations at the company’s Camp Minden, Louisiana site while evaluating strategic options for the black powder business.

    The business will wind down operations while an evaluation process on the future of the black powder business takes place. Strategic options for the GOEX and Olde Eynsford brands of black powder, along with the manufacturing capabilities, will include a potential sale of the business. All affected employees will be retained through December 31, 2021 to assist in an orderly closing of the site and receive
    severance commensurate with their years of service to the company.

    The Hodgdon Powder Co., Inc has been honored to have been a part of the GOEX Powder legacy and sustains a fond appreciation for sporting customers who have enjoyed shooting GOEX powders.


    About Hodgdon Powder Company, Inc.

    Established in 1947 by Bruce and Amy Hodgdon, today, sons J.B. and Bob have grown Hodgdon Powder Company into the largest US supplier of smokeless, blackpowder and blackpowder substitute propellants. The company distributes gunpowder under the Hodgdon®, IMR®, Ramshot®, Acccurate®, Winchester®, Pyrodex®, Triple Seven®, Blackhorn 209® and GOEX® brands.
    2nd Amendment of the U.S. Constitution. - "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

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  3. #3
    Boolit Bub
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    It is a sad day.


    Sent from my iPhone using Tapatalk

  4. #4
    Boolit Grand Master


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    NOOO! Why does Hodgdon keep discontinuing the best powders? I had no plans for it, and my credit card wont like it, but I guess it's time for an order for more Goex powder. Discontinue that Pyrodex junk. There's no reason for it to exist along with 777, which is a better powder in every way. There's no replacing Goex, it is the only American black powder left.

    I wish Alliant would step up their game. If Alliant bought Goex, the only powder I even remotely care about from Hodgdon anymore is 800X. Even H110, I could gladly use Bluedot just fine instead, or 300MP if I really need speed.

    I always said I won't make my own powder when I can readily buy fantastic American made Goex. Well, today might be that day.
    Last edited by megasupermagnum; 09-27-2021 at 11:41 PM.

  5. #5
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    a sad sad day indeed!!!
    Any technology not understood, can seem like Magic!!!

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  6. #6
    Boolit Grand Master


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    If they were making money at it they would not shut it down. If I was 20 years younger, I would look at the numbers and see if it was a decent investment. And you can bet, someone will be doing just that. If no one buys it, it will be telling.
    Don Verna

    NRA Endowment Member

  7. #7
    Boolit Grand Master



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    There was a fire in June but they planned on rebuilding. Per a family member if the family was still running daily operations they would not be closing it.

    https://websterparishjournal.com/202...oex-explosion/

    Just a guess but the issue was not that it was not making money but it was not making enough money. Family businesses tend to keep customer needs and loyalty in mind. The Business School Bean Counters and the leftists are both the same type of swamp scum.
    2nd Amendment of the U.S. Constitution. - "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

    "Before you argue with someone, ask yourself, is that person even mentally mature enough to grasp the concept of different perspectives? Because if not, there’s absolutely no point."
    – Amber Veal

    "The Highest form of ignorance is when your reject something you don't know anything about".
    - Wayne Dyer

  8. #8
    Boolit Grand Master


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    Quote Originally Posted by dverna View Post
    If they were making money at it they would not shut it down. If I was 20 years younger, I would look at the numbers and see if it was a decent investment. And you can bet, someone will be doing just that. If no one buys it, it will be telling.
    So why not raise the price? I don't like paying more either, but apparently they've decided that 777, often selling over $30 a pound is profitable. I loved paying $19 a pound for Goex, but I'd still pay $30 plus shipping for it.

  9. #9
    Boolit Master


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    That probably means the price of Swiss powders are going to go up and harder to find.

  10. #10
    Boolit Grand Master



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    Copied from a post from a friend


    By now I am sure most of you have heard the unfortunate news that the GOEX black powder plant in Minden, Louisiana is closing. There was a fire in June 2021 that closed the plant, and sadly for us, the parent company (Hodgdon) crunched the numbers and decided to close it permanently.
    GOEX had by far the largest domestic US market share. Other powders are available (Schuetzen, Swiss) but they were already hard to find. The short term impact on our sport and hobby MAY be an increase in the cost of powder, and some reduced availability. Even with GOEX on the market, powder costs have increased (doubled in the last decade). Price increases were happening before GOEX closed.
    Schuetzen and Swiss are still available and the US/Canadian black powder market is so large that I cannot imagine a scenario where such a clear demand is not met. The GOEX plant will probably be sold to another producer. It may take time. But it’s a multi-million dollar market for a medieval product that really is not hard to make. This is not “the end of black powder shooting!” that some alarmists are proclaiming. If the GOEX plant in Minden is sold, whoever takes over production will have immediate US Government support, as US military powder was provided by the GOEX Minden plant. It’s cheaper to the government to buy powder, than open a government plant to make it.
    Some people have been asking me about US military supply of black powder, which was previously supplied by GOEX. The US military built a “back up” black powder plant in the 1980s, in Indiana. This plant was built after a GOEX factory explosion several decades ago, to prevent a long term shortage of a strategically necessary material. Unfortunately the US Government won’t be commercially selling any powder, if they have to open government powder production back up. It would be the first time in about 100 years that the US Government produces military black powder… I wonder if they need an Ordnance officer to help them out…
    2nd Amendment of the U.S. Constitution. - "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

    "Before you argue with someone, ask yourself, is that person even mentally mature enough to grasp the concept of different perspectives? Because if not, there’s absolutely no point."
    – Amber Veal

    "The Highest form of ignorance is when your reject something you don't know anything about".
    - Wayne Dyer

  11. #11
    Boolit Grand Master


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    Other than the bit about powder prices doubling in the past decade, which Goex absolutely did NOT double in the past decade, the rest sounds hopeful.

    If someone else buys the company, fantastic. I was unable to find any grades of powder I need online, so it seems what I have is what I have. I should be ok for a year or two. After that, hopefully Goex is back at it, otherwise I'm going to make my own.

  12. #12
    Boolit Grand Master



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    Quote Originally Posted by megasupermagnum View Post

    I was unable to find any grades of powder I need online, so it seems what I have is what I have.
    In stock here. Ten years ago I was getting it for under $10.00 when I ordered 25 pounds.

    https://powderinc.com/shop/

    https://www.buffaloarms.com/black-powder.html

    https://mainepowderhouse.com/shop/
    2nd Amendment of the U.S. Constitution. - "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

    "Before you argue with someone, ask yourself, is that person even mentally mature enough to grasp the concept of different perspectives? Because if not, there’s absolutely no point."
    – Amber Veal

    "The Highest form of ignorance is when your reject something you don't know anything about".
    - Wayne Dyer

  13. #13
    Boolit Master
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    Quote Originally Posted by M-Tecs View Post
    In stock here. Ten years ago I was getting it for under $10.00 when I ordered 25 pounds.

    https://powderinc.com/shop/

    https://www.buffaloarms.com/black-powder.html

    https://mainepowderhouse.com/shop/
    Not as of today (OUT OF STOCK ) is what it says ,NO powder/Ed

  14. #14
    Boolit Man
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    Nothing on the Hodgdon website, the Goex website, nor on the Hodgdon Facebook page. However, I did see references on Facebook to the effect that this may be a hoax that gets around every couple of years. I am really hoping that this is the case.

  15. #15
    Boolit Master

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    You can make your own good black powder for less than $5 per pound. There is a good thread here about it.

  16. #16
    Boolit Buddy Doughty's Avatar
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    Goex site now saying they are closing down, immediately.
    AKA "Old Vic"
    "I am a great believer in powder-burning".
    --Theodore Roosevelt, Hunting Trips of a Ranchman

  17. #17
    Boolit Grand Master


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    Quote Originally Posted by megasupermagnum View Post
    So why not raise the price? I don't like paying more either, but apparently they've decided that 777, often selling over $30 a pound is profitable. I loved paying $19 a pound for Goex, but I'd still pay $30 plus shipping for it.
    That would be the smart thing to do. But I do not know enough about the condition of the plant or how much inventory they had/have. Of course, if they do that, raise prices, many will call them "scaplers"...

    If they needed a 30% price increase to make it worthwhile, the question is how the market will react. If it will cost them say $10 million to rebuild the plant, it may be a crap shoot they are not prepared to risk. OTOH, one would think they had insurance and their actual out of pocket costs would be minimal....and that makes the "profitablity" even less attractive!

    Having run a business, and shut down products, I can tell you it is a well thought out process. No one walks away from a market and customer base without trying to make it work.

    Their primary responsibility is to the share holders....not to customer needs. Satisfying customer needs is a means to an end....making money.
    Don Verna

    NRA Endowment Member

  18. #18
    Boolit Grand Master


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    Powder Inc was all out of what I wanted last night. I'm only interested in Fg and FFg. Buffalo Arms has nothing. Maine powder house unfortunately put a limit of 10 pounds yesterday.

  19. #19
    Boolit Master Harter66's Avatar
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    Remington filed bankruptcy and sold the ammo business with a huge back log of orders they weren't meeting ........ It ain't always about the money .

    OSHA , EPA rule changes , and the age of the facilities and tooling may be driving the decision more than profit margins . Refits/rebuilds often demand that the replaced equipment be today compliant rather than just a rebuild of the existing . If they were making components on site it's possible that the charcoal kilns may have been the killer .

    As for making your own it's not difficult or expensive to get started . Once you get your components squared away , either by source or self , it's not any more difficult than shooting boolits without leading to produce corned , granulated , powder as good or better than Goex or OE .
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  20. #20
    Boolit Master
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    Quote Originally Posted by M-Tecs View Post
    Copied from a post from a friend


    By now I am sure most of you have heard the unfortunate news that the GOEX black powder plant in Minden, Louisiana is closing. There was a fire in June 2021 that closed the plant, and sadly for us, the parent company (Hodgdon) crunched the numbers and decided to close it permanently.
    GOEX had by far the largest domestic US market share. Other powders are available (Schuetzen, Swiss) but they were already hard to find. The short term impact on our sport and hobby MAY be an increase in the cost of powder, and some reduced availability. Even with GOEX on the market, powder costs have increased (doubled in the last decade). Price increases were happening before GOEX closed.
    Schuetzen and Swiss are still available and the US/Canadian black powder market is so large that I cannot imagine a scenario where such a clear demand is not met. The GOEX plant will probably be sold to another producer. It may take time. But it’s a multi-million dollar market for a medieval product that really is not hard to make. This is not “the end of black powder shooting!” that some alarmists are proclaiming. If the GOEX plant in Minden is sold, whoever takes over production will have immediate US Government support, as US military powder was provided by the GOEX Minden plant. It’s cheaper to the government to buy powder, than open a government plant to make it.
    Some people have been asking me about US military supply of black powder, which was previously supplied by GOEX. The US military built a “back up” black powder plant in the 1980s, in Indiana. This plant was built after a GOEX factory explosion several decades ago, to prevent a long term shortage of a strategically necessary material. Unfortunately the US Government won’t be commercially selling any powder, if they have to open government powder production back up. It would be the first time in about 100 years that the US Government produces military black powder… I wonder if they need an Ordnance officer to help them out…
    Since when has government been concerned with price? $1200.00 hammers anyone? The key will be for government use only ,commercial use ? (HA_HA) can anyone say gun control?

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