Re: Crane Cams needs more duration
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Re: Crane Cams needs more duration




AWFUL!!!

Sickening.

And where am I going to get RB and LA hyd. roller lifters now?

Wakeman

----- Original Message ----- From: "Enzo Cremasco" <csmopars@xxxxxxxxxx>
To: <1962to1965mopars@xxxxxxxxxx>
Sent: Monday, March 02, 2009 4:40 PM
Subject: Fw: Crane Cams needs more duration


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FYi for the group

Crane Cams needs more duration


DAYTONA BEACH â?" Crane Cams, a 56-year-old auto
parts manufacturer,
closed its doors this week and laid off its employees, a
worker said
today.

The news took Volusia Countyâ?Ts top economic development
officer by
surprise. City, county and state officials were working
with Crane
Cams and officials from its New Jersey parent, Mikronite
Technologies,
to keep the company open and in the community.

â?oWe were trying to help them through this
transition,â?� said Rick
Michael, Volusia County economic development director.
â?oThey were
considering a transfer of ownership. We were not expecting
any closure.â?�

An automated voice mail system at Craneâ?Ts plant on
Fentress Boulevard
announced at midday today the company was closed and
suggested calling
back during business hours, 8 a.m. to 5 p.m. A call to
Mikroniteâ?Ts New
Jersey offices produced similar results. Six cars sat in
the parking
lot early this afternoon at the local plant, which employed
220 just
three years ago.

Inside the lobby, a reception desk sat empty. A call from
the lobby
phone got an answer from Dennis Burgess, who declined to
comment and
said no one at the plant could provide information.

In the parking lot, 14-year employee Ronald Dorn was
leaving the plant
for what he believed was the last time

He said workers were told during the past week that layoffs
were
likely, but he didnâ?Tt expect the plant to close.

Mikronite received approval in 2006 to receive tax rebates
from the
state and the county amid discussion about moving its New
Jersey
operations here. But the company ended its contract with
the state in
2008 due to nonperformance, Michael said.

â?oCrane has gone through a series of small layoffs
recently,â?� he said.

Crane Cams and Crane Technologies Group were founded by
Harvey J.
Crane Jr. in 1953 as Crane Engineering Inc. in Hallandale.
The company
is well known in high-performance and racing circles for
its line of
camshafts and engine valve train components.

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.

In March 2007, Mikronite sold its property on Fentress to
STAG Capital
Partners of Boston, then signed a 10-year lease.



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Please address private mail -- mail of interest to only one person -- directly to that person.  I.e., send parts/car transactions and negotiations as well as other personal messages only to the intended recipient, not to the Clubhouse public address. This practice will protect your privacy, reduce the total volume of mail and fine tune the content signal to Mopar topic.  Thanks!

'62 to '65 Mopar Clubhouse Discussion Guidelines:
http://www.1962to1965mopar.ornocar.org/mletiq.html.
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