LUVTruck.com

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OK, I'm over it. Where's the beer?

wow, thats a bummer

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My old but now gone Luv...

Yea I heard they closed the doors at Crane. But I also heard that were was another company that was going to buy them out. That must have fallen thru??

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Life is a DRAG RACE!!!
I like my Luv WILD!!!

Sometimes too much to drink isn't enough!!
Kinky is using a feather. Perverted is using the whole chicken.
http://www.wildluvracing.com

http://www.news-journalonline.com/NewsJournalOnline/Business/Headlines/bizBIZ02042309.htm

DAYTONA BEACH -- Crane Cams, a well-known maker of high performance auto camshafts, may reopen here but under new management and at a different location.

During Crane Cams' liquidation auction Wednesday, a business team that includes former Crane Cams president and CEO Lance Harris and Wisconsin-based S&S Cycles spent $1.2 million for Crane Cams intellectual property, which includes 16 trademarks, three patents and most importantly, the company name.

"The goal is to get the whole thing up and running again under the name Crane Cams. We paid that much for the intellectual property because the name is good and consumers know the name," said Anders Stubkjaer, S&S Cycles chief operating and financial officer. The company makes engines, components and parts for American-made motorcycles other than Harley-Davidson.

Crane Cams closed its doors and laid off about 280 employees in mid February about 56 years of business in Daytona Beach. The company was known for manufacturing high performance camshafts. .

Despite a potential purchase by Fort Lauderdale-based Scorpion Performance from Crane Cams parent company, Mikronite Technologies, Crane Cams had hired LiquiTech Industries to auction off the assets to pay corporate debt. It was not a foreclosure sale.

The Harris/S&S Cycle team also spent $215,000 on bulk bids for all the camshafts, valve trains, motorcycle and electronic inventories.

Harris could not be reached for confirmation, but Stubkjaer said the Crane Cams facility and machines are outdated and that was a major cause the company got into financial trouble when the economy went into recession. It also is the reason that if Crane Cams reopens, it will be at a different location.

Harris resigned as Crane Cams CEO when the company closed and even formed a company, Triton Performance Valve Train LLC, to buy Crane Cams, but that fell through. A new financial backer was found, Stubkjaer said.

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75 Luv, 350 V8, TH350, Camaro rearend. New 1975 Luv Step side. Stock for now.
Grandmaster of the "Shade Tree" way.. I can't see the yard for all the cars. Come on down and we will sit on the porch and watch the grass grow.

http://www.dealernews.com/dealernews/Breaking+News/SampS-Cycle-Purchase-of-Crane-Cams-to-Keep-Storied/ArticleStandard/Article/detail/594834?contextCategoryId=2704

S&S Cycle has acquired a number of assets from Crane Cams with the intentions of keeping the storied manufacturer of high-performance parts running through its network of established dealers and distributors.

Viola, Wis.,-based S&S bought the inventory, intellectual property and trademarks for all Crane automotive and motorcycle electronic products, and for Crane's motorcycle valve train products at an auction Wednesday in Daytona Beach, Fla.

The Daytona Beach News-Journal is reporting that a bidding team of former Crane Cams CEO Lance Harris and S&S made a high bid of $1.2 million for the patents and trademarks, and another $215,000 for the inventory. The paper also reports that about 100 registered bidders showed up for the liquidation auction being held by Liqui-Tech industries that was held to pay off corporate debt.

Crane Cams closed its doors in February after 56 years in business, and laid off about 280 employees.

S&S Cycle says that in addition to maintaining Crane's dealer and distribution network, it plans to move into a new building in Dayton Beach to manage the business and provide customer service and technical support. Manufacturing of the valve train products will be moved to the company's facility in Viola.

"The addition of this product line is a natural fit for our current in-house cam manufacturing capabilities," S&S CEO George Smith said in a release. Smith said the addition of Crane's lineup of electronics will strengthen S&S Cycle's electronic capabilities with such products as late model ignitions.

Good to see them survive. I have used a lot of there products over the years.

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75 Luv, 350 V8, TH350, Camaro rearend. New 1975 Luv Step side. Stock for now.
Grandmaster of the "Shade Tree" way.. I can't see the yard for all the cars. Come on down and we will sit on the porch and watch the grass grow.