
Only one lacquer producer
After the Apollo fire that destroyed ~75% of world-wide lacquer production in 2020, that apparently left only Public Record Company in Japan the provide all of the world's lacquers.
This is a potential single point of failure that can stop all record production. It has been 6 years now since the Apollo fire. Does anyone know if a new lacquer plant or plants are being considered or constructed? I'm not finding any information on this. I'm actually surprised Chad Kassem isn't in this part of the business yet.
Thanks!