Crucible is Bankrupt! What Happens to MagnaCut?

[SoonerP226]

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:

Crucible Steel is Bankrupt! What is Next for MagnaCut? - Knife Steel Nerds

Crucible has entered Chapter 11 bankruptcy and we aren't sure what is going to happen. I cover what we know and what we don't.

knifesteelnerds.com

Dr. Thomas’s article in YouTube form: