Sad news about Crane Cams
#1
03-01-2009, 05:35 PM
Join Date: Feb 2005
Location: Roeland Park
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Sad news about Crane Cams
Crane Cams has closed it's doors. This is sad news, the first aftermarket cam I used years ago was a Crane.
http://www.news-journalonline.com/NewsJournalOnline/breakingnews/crane022409.htm
http://www.news-journalonline.com/NewsJournalOnline/breakingnews/crane022409.htm
#4
03-02-2009, 02:33 PM
The story linked is the same as earlier posts, dated 2/24. It appears they entered into some expansion at the wrong time. If you go to the Crane site, they talk about this in their blurb about Mikronite:
CraneCams
So my guess is they ended up with debt and excess capacity going into a recession, in an industry beset by many structural problems already.
Off the top of my head:
Isky, Comp, Crower. Search and find many more. A crowded field methinks.
CraneCams
So my guess is they ended up with debt and excess capacity going into a recession, in an industry beset by many structural problems already.
Off the top of my head:
Isky, Comp, Crower. Search and find many more. A crowded field methinks.
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