Take a look over here. McMasters is planning on outsourcing cataloging; this has been done before, of course, and in my limited experience it seems to usually end up costing more to outsource than to keep cataloging in-house, but maybe things have changed since the last time I thought about this (roughly 2001) and/or McMasters has some information that I don't have. Regardless, a gutsy move.
What really impresses me though is the new lines they're opening up. Interesting stuff.