Crane Cams is no more

[Keller]

http://www.news-journalonline.com/NewsJournalOnline/breakingnews/crane022409.htm

[PaCemkr86]

wow.. not cool...

[kenmosher]

Holley has also filed for bankruptcy ... can't find the link right now, but they had over $245 million in debt from over expansion in the late 90s. Sounds like they will continue in business, but you have to wonder...

The automotive industries are really slumping ...

Edit: found it http://www.autoblog.com/2008/02/12/aftermarket-parts-maker-holley-files-for-bankruptcy/

[Ts86ttype]

Good products, wonder who will be left when we come out of these trying times in the country? Tom G.

[broke1]

Wonder what Buick vendor will feel the pain first??

In the next year ill bet $$$ itll be one of these

RJC
TA
Big Wood Racing
Hartline

Big Wood and RJC top the list.Ive heard a certain used car dealer is feeling the pain more than most:winkgrin:

[Keller]

First, please don't start any unsubstantiated rumors.

Secondly...what is happening, worldwide, is some pretty serious stuff. You do not have to be in a dire financial crisis to be affected by all of this. And the effects all flow out to things that are not critical to everyday living since they already are affecting everyday living for many/most, and will continue to for some time. Its not just in the US/Canada, and its not juts going to be for a month or two.

For many people, if not most, cars like these are a hobby. If faced with eating or keeping the TR, most will take the former. Some businesses that we all know in the Buick world run things on a shoestring or are very close to being broke all of the time. That may be because they have a hard time making a profit with such a small audience, or it may because of the way they do business.

Writing their epitaph with no facts at hand is uncalled for. Support honest TR vendors whenever you can. Reveal dishonest sources when appropriate. Keep your head up, and soldier through this. Such conditions never last forever. :pat:

[Ts86ttype]

Scott, VERY well put !!! Tom G.

[broke1]

First, please don't start any unsubstantiated rumors.

Secondly...what is happening, worldwide, is some pretty serious stuff. You do not have to be in a dire financial crisis to be affected by all of this. And the effects all flow out to things that are not critical to everyday living since they already are affecting everyday living for many/most, and will continue to for some time. Its not just in the US/Canada, and its not juts going to be for a month or two.

For many people, if not most, cars like these are a hobby. If faced with eating or keeping the TR, most will take the former. Some businesses that we all know in the Buick world run things on a shoestring or are very close to being broke all of the time. That may be because they have a hard time making a profit with such a small audience, or it may because of the way they do business.

Writing their epitaph with no facts at hand is uncalled for. Support honest TR vendors whenever you can. Reveal dishonest sources when appropriate. Keep your head up, and soldier through this. Such conditions never last forever. :pat:

Not unsubstantiated.....

What do they say,hide and watch?

[Keller]

...or are they?

http://www.autoweek.com/article/20090227/CARNEWS/902279984

Perhaps Crane is doing a restructuring, and not really shutting down for good.

Have to wait and see.

[turbofish38]

Perhaps Crane is doing a restructuring, and not really shutting down for good.

Have to wait and see.

Having just toured their Daytona Beach facility last October during the Daytona Beach Dreamcruise I have a hard time believing they had to shut the doors. And I doubt those who were laid off would ever come back to work for them. Having just experienced the same thing ain't no way I'd go back to my former position even at twice the money. Reputation is on the line. Hard to hold up quality standards and such when you're considered a liability and not an asset. The brand name may still be there but I'm thinking a lot of their products will now be manufactured overseas. You have to read between the lines on why they really shut down.

[Keller]

Given that they were recently acquired, I am inclined to agree.

[DJ Red Barron]

Update...

http://www.news-journalonline.com/NewsJournalOnline/Business/Headlines/bizBIZ02032509.htm

[Keller]

http://scorpionperformance.com/newsite1/

Very interesting. Looks like they will come out of things more modern and with a good business foundation. :pat:

[PaCemkr86]

thats good news

[kenmosher]

Looks like the sale fell through ...

http://www.autoblog.com/2009/03/25/dead-after-all-liquidation-of-crane-cams-announced/

[PaCemkr86]

for what its worth i know crane cams did all the cams for Ford Motorsport.. I wonder whats gonna happen there

[Keller]

http://www.autoblog.com/2009/03/25/dead-after-all-liquidation-of-crane-cams-announced/
http://www.autoblog.com/2009/04/25/sands-cycle-acquires-majority-of-crane-cams-assets?icid=sphere_blogsmith_inpage_autoblog
http://www.news-journalonline.com/NewsJournalOnline/Business/Headlines/bizBIZ02042309.htm

One way or another, there will likely still be a Crane from the US.