Acme Tools has kicked off a “beat the price increase” sales page for JPW industries, which owns the Powermatic, Jet, and Wilton tool brands.
It looks like the price increases will affect Powermatic woodworking tools, Jet woodworking and metalworking tools, Wilton vises, clamps, sledge hammers, and more.
Acme says that price increases will also impact tools from Baileigh, Edwards, and Axiom.
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There is no indication as to how much the prices will increase.
All we know so far is that price changes will go into effect on October 1st, 2025.
Should you miss this opportunity to avoid the price increase, Powermatic and Jet typically run discounts over the holiday season and throughout the year at semi-predictable times.
Powermatic woodworking machinery prices have increased quite a bit in recent years. For example, I bought my jointer in early 2021 for $2250. At this time it is $3200, reflecting an increase of over 42%. It seems the price about to go up again.
Other tool and workshop equipment brands, such as Laguna, Rikon, Nova, and others, might also be raising prices – if they haven’t already.
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EBT
Didn’t Sawstop just do this? Incite panic buying! “Better act now because…can’t guarantee these prices will last!” I don’t have a place for woodworking tools, and would love to fund and store a shop for when I retire. But when I retire, I won’t be able to afford ANY new woodworking tool.
$240/yr increase on Powermatic if Stuart is on about $2250 to $3200 now. That’s over 10% annual increase (yes, 42% and counting).
This folks, is what tariffs do. And only to pass the buck to the consumer. Which then will lead to more value on used tools and inflation!
Stuart
Would you rather not have any advance notice?
Bren
That doesn’t make any sense; the tariffs didn’t hit until this year and there’s been a 42% price increase the last four years.
JH
Both can be true, if they are like my production lines. I’ve been raising prices to cover the materials costs increase, and added logistics, and now the tarrifs make it completely impossible to build production models and forecasts, so our prices are going up again to cover since we cannot leverage our depots as much as we used with with the new Tarrifs and trade rules (carrying more inventory in the US is way too sostly since getting any material in or out costs $$). So we only bring in what we know we will sell, but that means lower margins and higher costs.
Tarriffs + material costs
Charles
I have a lot of powermatic and jet because it was really cheap during the GFC. Frankly it’s all the same tools from the early 1970s with barely any changes. I’m pretty sure that you can find a better tool company out there
IronWood
Not sure what you mean by that. In the 1970s Jet and Powermatic had nothing to do with each other. Totally different products, totally different companies. And today’s Jet is way better than the Jet of that era. I have a 5 year old Xacta saw and it bears very little resemblance to old Jet saws. Different design, better components. Likewise my canister dust collector. On the other hand, I’d argue Powermatic has lost its value proposition somewhat compared to the pre-2000s, before they were bought by Jet’s parent. Even there, to your point, the Powermatic tools of today are very different from the 1970s.