
Unlike two certain auto companies that recently thwarted a Chapter 7 death knell via emergency Gov’t loans, some aftermarket auto businesses were less fortunate during the height of the recession. Crane Cams, an industry leader in performance camshaft R&D since 1953 succumbed to the banks last February and closed their doors for what many thought would be forever.
During the Chapter 7 liquidation process companies are usually sliced, diced and minced by an auction process but Crane was saved by S&S Cycle that made a bid for the whole company, and won.
S&S, best known for their expertise in V-Twin motorcycle engine performance has recently opened Crane in a new facility and has hired back most of the old staff.
Crane Product Manager Terry Johnson, a 12-year vet, said, “We have already ramped up production of the motorcycle valve train and ignition products, as well as the automotive ignition line. Many of the top NASCAR teams use Crane ignition products, so maintaining continuity for these customers is top priority.”
Production of automotive cam and valve train equipment will be next up. According to Chase Knight a 40 year Crane veteran, “While we know the market is very hungry for our cam and valve train product lines, we want to make sure the parts we ship exceed the quality and performance expectations of our customers.”