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| Crane Cams OUT OF BUSINESS!!!!!!!!!!!!! http://www.mustangclubofmd.com/phpbb/viewtopic.php?f=13&t=2691 |
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| Author: | HCOR [ Wed Feb 25, 2009 9:42 pm ] |
| Post subject: | Crane Cams OUT OF BUSINESS!!!!!!!!!!!!! |
| Author: | ssp mustang [ Thu Feb 26, 2009 8:00 am ] |
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| Author: | silver64 [ Thu Feb 26, 2009 1:15 pm ] |
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Holley isn't far behind. The scuttle is that they may be filing Ch13 this spring... |
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| Author: | atlantic image [ Thu Feb 26, 2009 3:24 pm ] |
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that is truly a tragedy for the area, i used to work as a paramedic in Volusa county and a bunch of friends worked for them |
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| Author: | 5.7Lmustang [ Thu Feb 26, 2009 6:15 pm ] |
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Crane is the supplier of the infamous Ford Motorsports cams, B303, E303, F303, you get the picture. Been around a long time, wonder if someone will buy them out? |
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| Author: | NotchAbove [ Thu Feb 26, 2009 7:51 pm ] |
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Wow, funny how I was just looking at the Crane Cam stickers that came with my rollers. Can't believe they are out of business. |
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| Author: | silver64 [ Thu Feb 26, 2009 11:23 pm ] |
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happened faster than I thought it would; http://www.musclecarblog.com/story-143- ... bankruptcy |
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| Author: | 5.7Lmustang [ Fri Feb 27, 2009 7:01 pm ] |
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Well isn't Holley part of a group of brands like Mr. Gasket and Flowtech? |
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| Author: | silver64 [ Fri Feb 27, 2009 8:19 pm ] |
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yup, they all share a parent company. found out today they're filling ch11, restructuring; not ch13. So, they'll still be around, they're just trimming their operations. |
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| Author: | Red Baron [ Sun Mar 08, 2009 6:46 pm ] |
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| Author: | silver64 [ Mon Mar 09, 2009 11:38 am ] |
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| Author: | Red Baron [ Mon Mar 09, 2009 8:43 pm ] |
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| Author: | silver64 [ Wed Apr 01, 2009 12:16 pm ] |
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in the news today; LIQUIDATION OF CRANE CAMS ANNOUNCED After noting yesterday that the Daytona Beach, Fla. News-Journal reported that Scorpion Performance, Inc. has been negotiating to buy Crane Cams and is holding a job fair for former Crane employees, today we see that Crane’s assets are for sale. LiquiTec Industries, Inc. has been engaged to liquidate the assets of Crane Cams, Inc., one of the world's largest independent manufacturers of camshafts, valve train components and electrical ignition systems for the performance industry. The sale includes all machinery; all raw materials, work-in-process and finished goods including over $2 million of high performance and racing application engine components including camshafts, rocker arms, lifters and other parts for most GM, Ford and Mopar engines; 16 patents and three patents. LiquiTec is accepting bids now for inventory, trademarks and patents. An auction sale of all remaining inventory and machinery will take place on Wednesday, April 22, at the company's former headquarters in Daytona Beach, Florida. The sale will also be broadcast over the internet via BidSpotter.com. For more information or to register to attend the sale, contact LiquiTec at 800-852-9252. [03/26/09] |
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