Very Sad!!!
PRESS RELEASE:
LIQUIDATION OF CRANE CAMS, INC. ANNOUNCED
Complete High Performance Camshaft Manufacturer
All Machinery, $2+ Million in Inventory, 16 Trademarks & 3 Patents for Sale
LiquiTec Industries, Inc. has been engaged to liquidate the assets of
Crane Cams, Inc., one of the world's largest independent manufacturers
of camshafts, valve train components and electrical ignition systems for
the performance industry. Established in 1953, Crane Cams. is a brand
name recognized for high quality, precision products that are
race-proven to withstand the rigors of competition. Product applications
include automotive, motorcycle, marine, aircraft and other specialty
markets.
The sale includes all machinery; all raw materials, work-in-process and
finished goods including over $2 million of high performance and racing
application engine components including camshafts, rocker arms, lifters
and other parts for most GM, Ford and Mopar engines; 16 patents and
three patents.
LiquiTec is accepting bids now for inventory, trademarks and patents. An
auction sale of all remaining inventory and machinery will take place on
Wednesday, April 22, 2009 at the company's former headquarters in
Daytona Beach, Florida. The sale will also be broadcast over the
internet via BidSpotter.com. For more information or to register to
attend the sale, contact LiquiTec at (800) 852-9252.
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