Crane Cams, Locked the doors today
#1
Crane Cams, Locked the doors today
Since Crane Cams also built HD parts I put this news item in this form.
Crane Cams closed its doors after 56 years in business and laid off employees, this according to a report on News-JournalOnline.com, the website for the Daytona Beach, Fla., newspaper.
According to the report, county and state officials were working with Crane Cams and its New Jersey-based parent company, Mikronite Technologies, to keep the company in business.
“We were trying to help them through this transition,” Rick Michael, Volusia County economic development director told News-JournalOnline. “They were considering a transfer of ownership. We were not expecting any closure.”
Crane Cams and Crane Technologies Group were founded by Harvey J. Crane Jr. in 1953 as Crane Engineering Inc. in Hallandale, Fla.
In 1979, Crane Cams became an employee-owned company. Some operations moved to Daytona Beach in 1981, with the remainder of the operation and employees relocating here in 1985.
Mikronite, an industrial technology firm, bought Crane in 2006.
Crane Cams closed its doors after 56 years in business and laid off employees, this according to a report on News-JournalOnline.com, the website for the Daytona Beach, Fla., newspaper.
According to the report, county and state officials were working with Crane Cams and its New Jersey-based parent company, Mikronite Technologies, to keep the company in business.
“We were trying to help them through this transition,” Rick Michael, Volusia County economic development director told News-JournalOnline. “They were considering a transfer of ownership. We were not expecting any closure.”
Crane Cams and Crane Technologies Group were founded by Harvey J. Crane Jr. in 1953 as Crane Engineering Inc. in Hallandale, Fla.
In 1979, Crane Cams became an employee-owned company. Some operations moved to Daytona Beach in 1981, with the remainder of the operation and employees relocating here in 1985.
Mikronite, an industrial technology firm, bought Crane in 2006.
#2
That's a dang shame. I'll never forget the 1968 Camaro with a 327 that I built in 1975 using Crane cams and Hooker headers. The badest "lope" you ever heard on 4 wheels when that engine was running.
#3
Yeah that is a shame.
"Crane Cams" was a household name back in the 60's and 70's when we were adding power options to our muscle cars...
Hate to see them go out of business after all these years.
"Crane Cams" was a household name back in the 60's and 70's when we were adding power options to our muscle cars...
Hate to see them go out of business after all these years.
#7
Whoa ! hate to see that happen . Back in the day . I sold a whole lotta Crane Cams . Best cams I've ever seen . I hope they can restructure or something .
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#8
Wow! I went to their web site and there is nothing there to make you believe this but as you scroll down the list on Google it's one anouncment after another about the closure. Sucks.