This is sad...

Discussion in 'Pit Buzz' started by alkyholic, Feb 24, 2009.

  1. alkyholic

    alkyholic Jr. Dragster

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  2. JustinatAce

    JustinatAce Member

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    Holley has filed for bankruptcy as well.
     
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  3. DQUES

    DQUES Member

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    I just sent my cam in for a regrind and when I spoke with them they made no mention of this . They got my core ( you know the big expensive one of course ) last friday , wonder if I am out a $500 cam now .
     
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  4. Blownalky

    Blownalky Top Sportsman

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    Where did you see that?!!!
     
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  5. Super Nanook

    Super Nanook New Member

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    Whats mo intresting is Crane made all the cam cores for the industry the whole industry........ Comp Cams will scoop up the pieces I'm sure, looks like its only Steve Tanzi and gang @ Erson for the good stuff now, but then again it always was:D
     
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  6. Nathan Sitko - 625 TAD/TAFC

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    just in time...

    Yikes...good thing I got those two camshafts a week and a half ago...
     
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  7. AFC357

    AFC357 New Member

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    Probably why I havn't been able to get ahold of Chase, sure gonna miss him and the SERVICE! This absolutely SUCKS! My anodizer just closed their doors last week after 36yrs of business, another one of my competitors just closed this week, etc.... mad:
     
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    Last edited by a moderator: Jul 24, 2009
  8. JustinatAce

    JustinatAce Member

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    They actually filed for Chapter 11 about this time last year. I was in meetings all day yesterday, my boss told me in between a couple that he got a call saying they were in more trouble.
     
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  9. Ken Sitko

    Ken Sitko Super Comp

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    I wonder if there's any chance that Crane will be back?
     
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  10. alcohol paul

    alcohol paul Jr. Dragster

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    Can anyone help DQUES get his cam back?
     
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  11. blwnaway

    blwnaway Member

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    .............. :d
     
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  12. DQUES

    DQUES Member

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    Their phones are still on but nobody is answering them , tried to leave Chase a voice mail but his box is full .
     
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  13. H BROWN

    H BROWN blown alky

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    I am in the same boat, CRANE has my big 48 degree core also. guess i just lost 500 plus:mad::mad:
     
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  14. William Payne

    William Payne New Member

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    Surely you would get them back , I mean its not like they can just keep your stuff just because they have closed up shop
     
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  15. Blownalky

    Blownalky Top Sportsman

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    Crane Cams says it plans to reopen after restructuring

    This is from AutoWeek, hopefully this comes true. Time will tell.

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


    Crane Cams says it plans to reopen after restructuring
    By GREG MIGLIORE
    A picture of Crane Cams says it could reopen in 30 days.
    Crane Cams says it could reopen in 30 days.Well-known cam shafts company Crane Cams shut down Feb. 24 for restructuring but says it plans to reopen, likely sometime in March.

    All of the company’s 280 workers were laid off, though about 25 remain to work on military contracts. The closure was in response to the global economic problems, said vice president Steve Leva. He said the Daytona Beach, Fla., company planned to reopen in as soon as a week, or it may take up to 30 days.

    Crane’s parts have become synonymous with performance and have been used by A. J. Foyt, the Wood Brothers, Bill Elliott, Richard Petty and many other well-known drivers.

    The 56-year-old company first made a splash at the 1961 NHRA nationals, when a dragster using Crane roller cams was piloted by “Sneaky” Pete Robinson to the Top Eliminator award, breaking records and upsetting more-established competitors in the process.

    Robinson’s success helped the company gain recognition throughout the 1960s as racing grew and the Detroit automakers thrived.

    In late 2006, Crane was acquired by Mikronite Technologies Group Inc., and Leva said $18 million has been invested in equipment since the acquisition.

    Earlier this week, the Daytona Beach News-Journal reported that Crane was closing, though more details were not available at that time.
     
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  16. DQUES

    DQUES Member

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    I got my camshaft back today and still in the box I sent it in ! , thought it was gone for sure .
     
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  17. hemi altered 378

    hemi altered 378 Blown Altered

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    Dave....
    you are a pretty lucky guy.
    Darren
     
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  18. GregM784

    GregM784 Member

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    That's awesome. Responsibility. I like it. (go buy a lotto ticket).
     
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