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  • horsewidower
    replied
    Re: Crane Cams Reportedly Shut Down

    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.
    _________________

    Leave a comment:


  • Scott Liggett
    replied
    Re: Crane Cams Reportedly Shut Down

    [quote=ss427 ]
    Originally posted by Podium Finish
    It has been a long time since Crane Cams was an industry leader, but 40 years ago Crane Cams was THE Cam.
    /quote]
    While it may have been awhile since they were The industry leader, it's interesting to note that comp, and
    untold others purchased their blanks from Crane. I see comps supposedly got the "Gold" standard now, as
    well. (Rocker arms)
    My Comp Cam that they ground for me blank came from Crane. Matt Summerfield at Comp kept me very informed on the progress and where he got stuff. Although, this cam was the second they ground for as the first did not pass inspection.

    Leave a comment:


  • Podium Finish
    replied
    Re: Crane Cams Reportedly Shut Down

    Originally posted by realsteelfreak
    Sorry there podium finish!!!
    Crane has been industry leader in many ways,I know Comp Cams has come along,but Crane has been there.
    I will sign my name
    American Consumer and Vendor!
    Jerry A. Rose
    RealSteelFreak
    Sorry there Real,

    My point wasn't that Crane was a huge supplier of cam blanks, it was that Crane Cams was at one time (1960s & 1970s) it was the cam to win races with, period. Not the place for competitors buying cam blanks as it became famous for lately.

    Name the last time a Crane Cam engine won any kind of eliminator class. I am not a fan of Comp Cams, I don't really care, my last cam was an ISKY.

    Thank you for your time. I will sign my name
    Rodney Addison

    Leave a comment:


  • ss427
    replied
    Re: Crane Cams Reportedly Shut Down

    [quote=Podium Finish ]
    It has been a long time since Crane Cams was an industry leader, but 40 years ago Crane Cams was THE Cam.
    /quote]
    While it may have been awhile since they were The industry leader, it's interesting to note that comp, and
    untold others purchased their blanks from Crane. I see comps supposedly got the "Gold" standard now, as
    well. (Rocker arms)

    Leave a comment:


  • Guest's Avatar
    Guest replied
    Re: Crane Cams Reportedly Shut Down

    cue REM:

    "...it's the end of the world as we know it..............."

    Leave a comment:


  • realsteelfreak
    replied
    Re: Crane Cams Reportedly Shut Down

    Sorry there podium finish!!!
    Crane has been industry leader in many ways,I know Comp Cams has come along,but Crane has been there.
    I will sign my name
    American Consumer and Vendor!
    Jerry A. Rose
    RealSteelFreak

    Leave a comment:


  • Monster
    replied
    Re: Crane Cams Reportedly Shut Down

    Chad, sorry to be the one to tell you, but the plant parking lot is empty ...

    :P

    Leave a comment:


  • Podium Finish
    replied
    Re: Crane Cams Reportedly Shut Down

    It has been a long time since Crane Cams was an industry leader, but 40 years ago Crane Cams was THE Cam.

    Leave a comment:


  • realsteelfreak
    replied
    Re: Crane Cams Reportedly Shut Down

    Thats tough to swallow, industry leaders shutting down for whatever reason. I wish these people the best and hope they can find jobs.
    Jerry

    Leave a comment:


  • cjforumadmin
    started a topic Crane Cams Reportedly Shut Down

    Crane Cams Reportedly Shut Down

    http://www.bangshift.com/blog/Crane-...Shut-Down.html
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