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02-26-2009, 02:13 PM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
Crane Cams out of business ?
" Legendary camshaft company Crane Cams appears to have gone out of business this week.
The Daytona Beach News-Journal, is reporting the 56-year-old Daytona Beach, Fla., company has been shuttered and its workers laid off."
http://www.autoweek.com/article/2009...NEWS/902259979
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
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02-26-2009, 02:18 PM
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CC Member
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Join Date: Jan 2004
Location: Gateway To The West,
Mo
Cobra Make, Engine:
Posts: 308
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Not Ranked
Where's Crane's bail out? At least they do something constructive (manufacture good products and employ people) unlike the bad loan homeowners.
Feff
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02-26-2009, 03:04 PM
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Senior Club Cobra Member
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Join Date: Jun 2007
Location: Covington,
wa
Cobra Make, Engine: Superformance # 532, 466 BB, 560HP
Posts: 3,029
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Not Ranked
Quote:
Originally Posted by Feffman
Where's Crane's bail out? At least they do something constructive (manufacture good products and employ people) unlike the bad loan homeowners.
Feff
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They only employ around 200-250 people. Not big enough to give large under the table contributions to the politicians. 
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02-26-2009, 03:48 PM
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CC Member
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Join Date: Feb 2009
Posts: 1,696
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Not Ranked
i sell items to a competitor of Crane. they were quite happy they closed the doors. Since being bought in 2006, Crane got caught quite a few times with dishonest pricing practices toward many of their wholesalers.
There always seems to be a story behind the story. In this case, it sounds like Mikronite killed Crane Cams more than the economic environment.
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02-27-2009, 06:34 AM
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Member of the north
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Join Date: May 2003
Cobra Make, Engine: A Cobra
Posts: 11,207
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Not Ranked
I have their rollers under my covers.
Dang.
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02-27-2009, 06:41 AM
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Ouch Ouch Hot Sand
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Join Date: Jul 2003
Location: Daytona Beach,
FL
Cobra Make, Engine: Street Beasts w/302 Twin Turbocharged....Under Construction!!
Posts: 1,796
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Not Ranked
Hi all,
According to my source they have been bought once again and new management is forthcoming. Now, with that said, I don't know if that is true or just a smoke screen put up by the current owners to soften the blow of being out of a job. The workers were told they would be notified soon as to when and if to return to work.
The Daytona Beach News Journal/ MULLETT Wrapper is notorious for messing up the news so its hard to say which story is correct.
__________________
Safe Flyin, errrrr Drivin, Earl
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02-27-2009, 02:42 PM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
" Well-known cam shafts company Crane Cams shut down Feb. 24 for restructuring but says it plans to reopen, likely sometime in March "
http://www.autoweek.com/article/2009...NEWS/902279984
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
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02-28-2009, 09:17 PM
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CC Member
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Join Date: Oct 2004
Location: Odessa,
TX
Cobra Make, Engine: SOLD: ERA FIA #2114 with 331
Posts: 262
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Not Ranked
Apparently they haven't paid off any politicans..
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