To borrow a line from the classic Monty Python and the Holy Grail, Crane Cams isn't quite dead yet. The storied aftermarket auto parts company was founded back in 1953 and has since grown into a well-known brand name specializing in camshafts and valvetrain components. While the company did, in fact, recently close its doors and tell all 280 of its employees not to come back the next day, vice president Steve Leva says that Crane plans to reopen after restructuring takes place, which could take
The automotive aftermarket has been hit hard in recent years, and the latest casualty of the economic downturn is Crane Cams. According to a report by the Florida News Journal, the 56-year-old manufacturer closed its doors yesterday and laid off the majority of its employees. Any calls to Crane to follow-up on the story have been shuttled off to the company's voice-mail service, although the Florida e-paper did talk to Dennis Burgess, who declined to comment.