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General Site Info => General Discussion => Topic started by: 80stepsideguy on February 25, 2009, 02:41:17 am

Title: Crane cams closes its doors
Post by: 80stepsideguy on February 25, 2009, 02:41:17 am: This is a sad day to read this and i`m only about 45 minutes from them. :(

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

thanks
pat
Title: Re: Crane cams closes its doors
Post by: frogman68 on February 25, 2009, 06:00:09 am: Wow this is a shock :(
Title: Re: Crane cams closes its doors
Post by: eventhorizon66 on February 25, 2009, 10:19:10 am: I knew about the Mikronite acquisition. I just didn't know if this was a good sign or not. I guess now we know. Bummer.
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on February 26, 2009, 08:28:42 am: Is Crane actually out of business or is this a temporary closure?

Let's not get too hasty yet, although if it is permanent, this is bad on many levels.
Title: Re: Crane cams closes its doors
Post by: Skunksmash on February 26, 2009, 03:11:23 pm: "The employees had to officially find out about this in this article. They were told NOTHING from Crane except phone calls late Sunday night saying "don't come in tomorrow...."

If this is the way they treated their employees, then good riddance... I have zero tolerance or pity for scummy companies... their CEO was supposed to be some kind of little weasel.
Title: Re: Crane cams closes its doors
Post by: jwag30 on February 26, 2009, 05:25:46 pm: Makes u wonder whos next?
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on February 27, 2009, 07:56:19 am: edlebrock.
Title: Re: Crane cams closes its doors
Post by: 80stepsideguy on March 01, 2009, 09:43:15 pm: I dont know about edelbrock i think there to big of a company to go out.I`m gonna guess someone like a company like scat or baer but edelbrock i think will be down the road if it ever does.

thanks
pat
Title: Re: Crane cams closes its doors
Post by: eventhorizon66 on March 01, 2009, 10:05:38 pm: Thanks alot Pat, now you've jinxed SCAT before I had the opportunity to build a 383. >:( LOL, I hope not.
Title: Re: Crane cams closes its doors
Post by: 80stepsideguy on March 01, 2009, 10:09:12 pm: I was just throwing out a name ya crazzzyyy lol..... ;D Ok i`ll take that back scat will stay in business maybe wildwood (and dont say your gonna use their brakes or i`m gonna have to slap you lol.. j/k ).I guess its going to be a crap shoot on whos next.

thanks
pat
Title: Re: Crane cams closes its doors
Post by: DnStClr on March 02, 2009, 09:22:41 am: Here's to all the weenies who want 39 mpg-I wish they would go out of business!
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on March 06, 2009, 07:12:56 am: Let's not all get into a panic just yet (and this is coming from the king of panic):

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

Remember when i said not to worry too much about gas prices?
Title: Re: Crane cams closes its doors
Post by: 78 Chevyrado on March 06, 2009, 07:17:06 am: No telling what may happen. Afterall holley has been in bankruptcy for i think 2 years, and they're still putting out all their stuff. If a company should get federal help it should be one like this, since they're whole buisiness is making the vehicles the big three put out better.
Title: Re: Crane cams closes its doors/ ECONOMY!! BE POSITIVE ! ! !
Post by: kfoz on March 06, 2009, 10:13:12 pm: PEOPLE! PEOPLE! THE MORE WE TALK NEGATIVE OF THE ECONOMY, THE MORE LIKELY THE ECONOMY WILL SLIP EVEN MORE! LETS TALK POSITIVE AND SPEND A LITTLE MORE THAN WE THINK WE CAN AND HELP INSTEAD OF COMPLAIN! THANKS!
Title: Re: Crane cams closes its doors
Post by: campcrf on March 06, 2009, 11:05:16 pm: well... at least compcams is still going and i and i agree with 78 chvy, Holley is still here after all what they have been through. and scat.... they are doing fine. Eventhoizon, dont worry you'll be able to find SCAT, what do you plan on building?
kfoz... Love your attitude... you are right... negative brings negative lets look at the positive (its contageous) . and i live in an oil town.... lol
Recession is in the mind
Title: Re: Crane cams closes its doors
Post by: 80stepsideguy on March 07, 2009, 03:45:12 pm: I was told there reopening can you believe it?
Here is the link:
http://www.autoweek.com/article/20090227/carnews/902279984/car-pictures&template=photo

thanks
pat
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on March 17, 2009, 08:50:04 am: UPDATE:

1) Federal-Mogul gone.

2) American Axle in serious trouble; They are the main supplier to GM. i though GM made their own differential units?
Title: Re: Crane cams closes its doors
Post by: 78 Chevyrado on March 17, 2009, 01:38:40 pm: Dang federal mogul, I buy my day-to-day parts from their brand and always fel-pro gaskets.

I don't know about the lighter duty axles but the AAM 11.5 and now a 12.5 are in their 3/4 and one ton trucks. they replaced the 14 bolt FF's.
Title: Re: Crane cams closes its doors
Post by: VileZambonie on March 17, 2009, 07:46:58 pm: All big businesses (especially automotive related) are in a perfect situation to cry broke and look for government bail outs. It's pathetic that our government causes more problems than it solves. This whole recession thing has caused me to stop watching the news at night.
Title: Re: Crane cams closes its doors
Post by: 78 Chevyrado on March 17, 2009, 07:49:23 pm: I for the most part can't watch the news, more of it is bad than good so all it does it make me mad enough to not sleep good. I know it's getting worse day by day so I have no need for news. The worst stuff will show up on my homepage so other than that, I'm out.
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on March 19, 2009, 09:30:45 am: ~~1) i'm not happy about the federal-mogul situation.~~

~~2)i don't like watching the news either; i think you can get better and possibly more accurate info from smaller time/start up (no advertisers yet) podcasts.~~

CANCEL THE FEDERAL MOGUL NEWS, I APOLOGIZE (i think?)

Ok, i just went to the fed-mogul website and it's up and healthy and their stock is still trading stabilly at around $4.

So, speaking of news, maybe we should not listen to any of it; i heard that federal mogul went out of business on the CAR AND DRIVER podcast---shame on them. They also tried to say that pontiac was going out of business, but one of the hosts contradicted the other.
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on March 20, 2009, 01:31:49 pm: NOTICE:

i will not post any future statements concerning companies and/or the economy unless i have confirmed them from at least three independant sources. By independent, i mean, for example, a lot of the major newspapers are actually owned by the same parent company and also i think FOX news owns several newspapaers and/or magazines. This means that if two related forms of media state the same thing it could mean that both are false because both sources are getting their info from the same place.

If three or more unrelated/independant sources are saying the same thing, then this would more likely mean that the info is more likely to be correct because each source(hopefully) did their own research.

i apologize for any inconvienience, depression, worry, anger, and in some possible cases, pre-mature joy i may have caused.

2) i can however still confirm that American Axle is still in some serious trouble.

3) i can't further comment on the CAR and DRIVER podcast because i only listened to a few episodes at work when there was nothing else to do.
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on April 07, 2009, 11:53:02 am: RE: Sealed Power:

The only reason i'm bringing this up is i just bought a new pushrod from advance (pls see my other posts) and it was a sealed power one----i got it for $1.49.

So i go on the net because now i'm curious about Sealed Power---the quality etc. And i read on a recent newscast that they are finished.

Do you know anything about this? They are/were? owned by Federal Mogul.

Here's the link:
http://www.mlive.com/opinion/muskegon/index.ssf/2009/04/column_a_private_farewell_for.html
Title: Re: Crane cams closes its doors
Post by: eventhorizon66 on April 07, 2009, 12:48:14 pm: That's too bad. They made some nice replacement engine parts - everthing from pistons to complete rebuild kits. The quality is good, based on what I've heard about them. If people would refuse to buy the cheap Chinese crap flooding the automotive aftermarket, companies like Sealed Power wouldn't have to shut down; but alas Americans are addicted to cheap crap.
Title: Re: Crane cams closes its doors
Post by: Stewart G Griffin on April 08, 2009, 08:15:35 pm: Yeah, the quality is pretty good as i have read.

However, since i have not confirmed this with at least 2 other independant sources, i think we should, for now, assume that Sealed Power is still in business.