Today, we have a heartbreaking announcement to make. One we wish we would never have had to write.
Effective immediately, the Lacroix Board Co. is suspending its operations.
The last 12 months have been incredibly challenging and we were never able to climb back on top. Many factors are at play and the 10 consecutive interest rate hikes have created the coup de grâce with our creditors. We tried everything to pull it off - the headwind is simply too strong.
We are in discussion with several companies to keep the Lacroix brand alive. The objective is and always has been to ship every order placed and honor the warranties. However we want to be clear; we don’t know when nor if that will happen. For now, we don’t have any precise timeline for the completion and shipment of the pending orders.
I want to thank Seb, Pedro and the 2 Charles’ that did everything they could with me to try to pull it off. You guys really did the impossible to try to make it work.
We will keep you updated on any material development.
Alex for the Lacroix Board Co.
Lacroix Boards”
Hopefully they can figure something out, but it sounds like it’s not looking good.
It had seemed strange to me that Lacroix, a company that had almost always previously had good reputation and custom support, was failing to respond to emails and wasn’t fulfilling orders. I guess we got our answer of why…
