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Re: [Land-speed] Crane Cams-RIP

To: LAND SPEED LIST <land-speed@autox.team.net>, Joe Timney <joetimney@dol.net>
Subject: Re: [Land-speed] Crane Cams-RIP
From: JERRY FOSTER <fosterap@flash.net>
Date: Thu, 26 Mar 2009 06:50:25 -0700 (PDT)
That's too bad.  I had heard that they might re-organize and try to come
back.  Looks like that's not to be.  Jerry in Dallas

--- On Wed, 3/25/09, Joe Timney <joetimney@dol.net> wrote:

From: Joe Timney <joetimney@dol.net>
Subject: [Land-speed] Crane Cams-RIP
To: "LAND SPEED LIST" <land-speed@autox.team.net>
Date: Wednesday, March 25, 2009, 9:19 PM

Very Sad!!!


PRESS RELEASE:

LIQUIDATION OF CRANE CAMS, INC. ANNOUNCED

Complete High Performance Camshaft Manufacturer
All Machinery, $2+ Million in Inventory, 16 Trademarks & 3 Patents for Sale

LiquiTec Industries, Inc. has been engaged to liquidate the assets of Crane
Cams, Inc., one of the world's largest independent manufacturers of
camshafts, valve train components and electrical ignition systems for the
performance industry. Established in 1953, Crane Cams. is a brand name
recognized for high quality, precision products that are race-proven to
withstand the rigors of competition. Product applications include automotive,
motorcycle, marine, aircraft and other specialty markets.

The sale includes all machinery; all raw materials, work-in-process and
finished goods including over $2 million of high performance and racing
application engine components including camshafts, rocker arms, lifters and
other parts for most GM, Ford and Mopar engines; 16 patents and three
patents.

LiquiTec is accepting bids now for inventory, trademarks and patents. An
auction sale of all remaining inventory and machinery will take place on
Wednesday, April 22, 2009 at the company's former headquarters in Daytona
Beach, Florida. The sale will also be broadcast over the internet via
BidSpotter.com. For more information or to register to attend the sale,
contact
LiquiTec at (800) 852-9252.
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