If TRF goes bankrupt, Charles may have no control over what happens to the
tooling.It gets sold by the people liquidating the company.
I've been involved in a bankruptcy where the tooling was sold as scrap, even
though there were offers to buy it.
David Massey wrote:
> Message text written by George Richardson
> >
>
> Since the original manufacturers of many of parts for these old cars either
> no
> longer make the parts, or no longer have the tooling, TRF has commissioned
> the
> production of tooling for many parts. TRF owns that tooling. If they go out
> of
> business, they may sell the tooling or may not. It may get sold as scrap.
> <
>
> The tooling has value if there is a demand for the part and if CAR doesn't
> set up a side business manufacturing parts he can peddle the tooling to
> someone who will. And for good money, too. I really doubt they will be
> scrapped if there is a demand for the part.
>
> Dave
--
George Richardson
The Wyvern - '57 Triumph TR3, TS15559L - http://www.merlingroupinc.com/tr3.htm
The Hippogrif - '71 Triumph Stag MKI, LE8176E - soon to get a site of it's own
Kitty - '83 Jaguar XJ6 Vanden Plas - Undergoing repair
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