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Monday, April 29, 2019

Reasons for closing Iron Mountain Stoneware

To granddaughter of Margaret Gose: I am having difficulty in managing the posts on the blog with a new system by Google. However, to answer your quetion about the reasons for Iron Mountain closing, they are as follows: There was no natural gas in Johnson County, and we used propane for fuel to fire the ilns. However, propane cost a lot more than natural gas. There was a shortage of gas, and prices doubled. That was one reason. Another was increasing costs for insurance and labor, another, the high cost of bank interest (18%). Our kilns needed repair. Retailers took longer to pay for shipments. We always suffered from insufficient working capital. altogether, it was impossble to continue.

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