More Bad News AT Thiel


According to Ted at Strat-Ta-Gee.com Thiel is on the verge of closing. According to the Chief Engineer who was let go Dennis Crosson Thiel is done. Upper management has denied this and stated they are planning to move into the next phase. Very confusing. Looks like Classe all over again. Very interesting article on what's going on.
linnlingo
  It is very sad. But haven't seen this kind of story before in high end when a company is essentially built around one critical person? When that key person leaves whatever the reason, the company also sometimes fades from history? 
sold Jims great works in the late 70’s and brother still has a pair of 02
when Jim passed the firm missed a key decision point on retention of KEY design first principles which set Thiel apart from the pack -mostly in alignment with Vandersteen and Dunlavy....and so now here we are left with one.....I can assure you that team Vandersteen includes family members steeped in those first principles and VERY aware of the continuing importance of them.

^Some of Jim's family were quite involved, market conditions were also ah a but clumsy around the time of Jim's passing.
Jim Thiel was also only 61 when he died.  He had most likely been sick for a few years.  He probably thought he had 10-15 years left when he was diagnosed.  Who knows what his plans were.  It's one of those things that just sucks and there's not that much that can be said about it. The idiots that bought the company wrecked it immediately.  At this point the best we can hope for is that it gets resurrected to some degree by someone who has some appreciation for what he accomplished.  
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