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So , BARRY GRANT has gone under

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  • #31
    Re: So , BARRY GRANT has gone under

    Heard through the grapevine...it's a plot by corporate interests and big govt to ensure FI takes over the world; shouldn't be at all surpised if Coonce sums it up in his next column. :P

    I've never owned a BG product but certainly heard lots and lots of stories -- good and bad -- about both the man and his products. Maybe the truth is somewhere in between? In any case, it's never in the best interests of hobbyists and enthusiasts when there's one less player in the mix; it doesn't help quality, price or after-sale service. And it must be a tough business, going head-to-head against Holley, Edelbrock, QFT, mail-order house carbs plus all the boutique outfits and re-builders.

    Leaves me wondering how many aftermarket performance carbs get sold anymore in a year? And how sales have been trending over the last several years?

    Michael from Hampton Roads

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    • #32
      Re: So , BARRY GRANT has gone under

      Originally posted by Rebeldryver
      It's a combo of things. The banks nearly dying from the mortgage meltdown and not very open to hand out loans to anyone, including businesses. The other thing is a large percentage of American companies borrowing money to cover payrolls and to buy inventory, or materials for manufacturing. Add to that, all those people out of work and not buying much of anything that is a toy and you've got a company going under quickly.
      Lots of this going on in all segments of our
      economy.........see it in mine every day

      good solid companies that can't get a line of credit
      to carry them through......then brings consolidation

      in the housing side.....you can have 20% down, credit score
      of 750 and still not get a loan

      banks are going to have to loosen the purse strings
      Thom

      "The object is to keep your balls on the table and knock everybody else's off..."

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      • #33
        Re: So , BARRY GRANT has gone under

        Originally posted by Monk
        Originally posted by Rebeldryver
        It's a combo of things. The banks nearly dying from the mortgage meltdown and not very open to hand out loans to anyone, including businesses. The other thing is a large percentage of American companies borrowing money to cover payrolls and to buy inventory, or materials for manufacturing. Add to that, all those people out of work and not buying much of anything that is a toy and you've got a company going under quickly.

        in the housing side.....you can have 20% down, credit score
        of 750 and still not get a loan

        The banks can kiss my ass! They deserve to be out of business the dumb asses that they are. Twelve yrs ago I wanted to buy a Condo. With SITXTY PERCENT cash down, they wouldn't give me a loan. My Mom's home is paid for and was worth 3 times the Condo. I offerd her as a co-signer. They said no good unless she lives in the Condo. Three yrs later they'd loan ANYONE the money to buy my same Condo that was now worth over twice what I paid with zero money down.
        STUGOTS

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        • #34
          Re: So , BARRY GRANT has gone under

          Sometimes the headaches of running a business become to much and it's time to move on. Trust me Barry isn't walking away from this broke. ;)

          Basically soak up all the money and hide it, make the business look like it's failing, then liquidate and settle you debts at pennies on the dollar. Only to open a new company a few years down the road after everything settles. ;)

          Sadly this is the way a lot of the big performance companies and other companies got their start.

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          • #35
            Re: So , BARRY GRANT has gone under

            Originally posted by Buickguy
            Originally posted by JeffMcKC
            Companies that keep a tight rein on the balance sheet are not in trouble and have no problem getting money.

            The problem is when you have success it goes to your head and you think it will always be there, when your a small niche company and you think your a Big Company you get yourself in trouble. Its all about the Benjamin's
            ... as he lost his business and his house now is in bankruptcy court, do we really need to heap more abuse on him? At least he tried, and I hope he tries again.

            x2

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            • #36
              Re: So , BARRY GRANT has gone under

              I've never used any of his products,but read plenty of negative comments on the net.However,
              the print media and t.v. shows loved his stuff,perfect right out of the box.Catering to advertisers maybe?
              Calypornya...near the beach

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              • #37
                Re: So , BARRY GRANT has gone under

                Originally posted by HEMI
                I've never used any of his products,but read plenty of negative comments on the net.However,
                the print media and t.v. shows loved his stuff,perfect right out of the box.Catering to advertisers maybe?
                Pallets of those carbs made their way to editors for a time.
                BS'er formally known as Rebeldryver

                Resident Instigator

                sigpic

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                • #38
                  Re: So , BARRY GRANT has gone under

                  Originally posted by HEMI
                  .Catering to advertisers maybe?
                  Sadly that's what it's become
                  STUGOTS

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                  • #39
                    Re: So , BARRY GRANT has gone under

                    Originally posted by groucho
                    Originally posted by HEMI
                    .Catering to advertisers maybe?
                    Sadly that's what it's become
                    They were new on the market at the time. They also supposedly fixed the annoyances of the Holley they copied. So when you add that to a company that is spending thousands a month on advertising, would you turn down carbs to test?
                    BS'er formally known as Rebeldryver

                    Resident Instigator

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                    • #40
                      Re: So , BARRY GRANT has gone under

                      Originally posted by Rebeldryver
                      Originally posted by groucho
                      Originally posted by HEMI
                      .Catering to advertisers maybe?
                      Sadly that's what it's become
                      They were new on the market at the time. They also supposedly fixed the annoyances of the Holley they copied. So when you add that to a company that is spending thousands a month on advertising, would you turn down carbs to test?
                      I know the old Loper ads that used to be in CC, HR, etc... cost them $50,000 a month. Not Cheap!!!!!

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                      • #41
                        Re: So , BARRY GRANT has gone under

                        Originally posted by HEMI
                        I've never used any of his products,but read plenty of negative comments on the net.However,
                        the print media and t.v. shows loved his stuff,perfect right out of the box.Catering to advertisers maybe?
                        The press release noted that he didn't have the money to maintain his tooling properly. If they were having QC issues, they probably did some extra inspection on what went out to the magazines.

                        Comment


                        • #42
                          Re: So , BARRY GRANT has gone under

                          Originally posted by Rebeldryver
                          Originally posted by groucho
                          Originally posted by HEMI
                          .Catering to advertisers maybe?
                          Sadly that's what it's become
                          They were new on the market at the time. They also supposedly fixed the annoyances of the Holley they copied. So when you add that to a company that is spending thousands a month on advertising, would you turn down carbs to test?
                          Well, that depends. If the mags lie about a product to keep the ad money flowing, they're now a diservice to the reader. I'm not taliking about BG in this instance....but magazines have lied about product before.
                          STUGOTS

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                          • #43
                            Re: So , BARRY GRANT has gone under

                            I had good luck with a Speed Demon and later a King Demon and I think he pushed Holley as well. Not all innovators are ultimately good businessmen and our current times are testing even the most savvy.
                            Drag Week 2006 & 2012 - Winner Street Race Big Block Naturally Aspirated - R/U 2007 Broke DW '05 and Drag Weekend '15 Coincidence?

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                            • #44
                              Re: So , BARRY GRANT has gone under

                              one of the dangers about building a better mousetrap is the original mousetrap maker can take their business back; add to that problem when you're on top, there will be lots of guys out there trying to (and in some case bettering) what you do.

                              I dunno about the cause(s) of his company's demise, but I respect Barry Grant for remaking himself into who he is, not for what he built.

                              As a builder, this is an awesome time to be alive because there are so many folks out there making great products... problem is with that kind of fracturing of the market; it's hella tough to make a profit (and it was tough before)...
                              Doing it all wrong since 1966

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                              • #45
                                Re: So , BARRY GRANT has gone under

                                predator anyone ?
                                http://www.predatorcarb.com/

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