CaseLabs has announced its closure due to tariffs that increased the prices of raw materials by up to 80%, steeply cutting is margins resulting in low returns.
CaseLabs has announced its closure due to tariffs that increased the prices of raw materials by up to 80%, steeply cutting is margins resulting in low returns.
CaseLabs has announced its closure due to tariffs that increased the prices of raw materials by up to 80%. The new tariffs imposed led to steep cuts in the company’s margins that would yield to low returns that forced CaseLabs into bankruptcy and liquidation. CaseLabs promises to fulfill as many orders as they can and the company also says it may not be able to fulfill the full backlog of case orders. See full statement below.
We are very sad to announce that CaseLabs and its parent company will be closing permanently. We have been forced into bankruptcy and liquidation. The tariffs have played a major role raising prices by almost 80% (partly due to associated shortages), which cut deeply into our margins. The default of a large account added greatly to the problem. It hit us at the worst possible time. We reached out for a possible deal that would allow us to continue on and persevere through these difficult times, but in the end, it didn’t happen.
We are doing our best to ship as many orders as we can, but we won’t be able to ship them all. Parts orders should all ship, but we won’t be able to fulfill the full backlog of case orders. We are so incredibly sorry this is happening. Our user community has been very devoted to us and it’s awful to think that we have let any of you down. There are over 20,000 of you out there and we are very grateful for all the support we have received over the years. It was a great journey that we took together and we’re thankful that we got that chance.
We understand that there will likely be a great deal of understandable anger over this and we sincerely apologize. We looked at every option we had. This is certainly not what we envisioned. Some things were just out of our control. We thought we had a way to move forward, but it failed and we disabled the website from taking any more orders.
It was a privilege to serve you and we are so very sorry things turned out this way.
We are doing our best to ship as many orders as we can, but we won’t be able to ship them all. Parts orders should all ship, but we won’t be able to fulfill the full backlog of case orders. We are so incredibly sorry this is happening. Our user community has been very devoted to us and it’s awful to think that we have let any of you down. There are over 20,000 of you out there and we are very grateful for all the support we have received over the years. It was a great journey that we took together and we’re thankful that we got that chance.
We understand that there will likely be a great deal of understandable anger over this and we sincerely apologize. We looked at every option we had. This is certainly not what we envisioned. Some things were just out of our control. We thought we had a way to move forward, but it failed and we disabled the website from taking any more orders.
It was a privilege to serve you and we are so very sorry things turned out this way.
About CaseLabs
CaseLabs, founded in 1971, first started with manufacturing enclosures for electronic, medical, military and industrial applications. It wasn’t until late 2010 that the company ventured into the enthusiast desktop case market. Learn more about CaseLabs at http://www.caselabs-store.com
