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Hard Times

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Old 02-19-2008, 09:57 PM
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http://www.cyrilhuzeblog.com/2008/02...orean-company/

Custom Chrome (CCI) to Korean Dae-II corporation, the RevTech (engines and transmissions) program manufacturer. Global Motorsports Group (GMG) is filing a voluntary petition for reorganization under chapter 11 of the US Bankruptcy Code. The Company states that it will not make any changes in employee numbers or facility locations. Former CEO Nace Panzica will return to lead the business with which he was synonymous until his departuret some eight years ago. He is one of the original founders of Custom Chrome in 1970 and the person widely credited with pushing Custom Chrome to a position of leadership.
 
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