[DeTomaso] Scorpion Performance Purchasing Crane Cams

Don Thomas dtpantera at gmail.com
Wed Apr 1 16:17:43 EDT 2009


http://www.pressbooth.org/article2246.html

Fort Lauderdale, FL, USA, April 1, 2009 (PRESSbooth.ORG) -- Scorpion
Performance, Inc., a manufacturer of precision parts for high
performance engines, today announced that the company is in the
process of buying Crane Cams, which closed its doors in February. In
business for 56 years, Crane Cams is one of the best-known brands in
the high performance automotive parts industry.

Scorpion Performance also held a huge Job Fair in the Crane Cams
parking lot today. Almost all 280 former Crane employees attended the
event and were treated to free food, drinks, catalogs, and Scorpion
Racing Products T-shirts and hats.

During the Job Fair, Luke Whalen, General Manager and COO of Scorpion,
announced to former Crane staffers that Scorpion intends to complete
the purchase quickly and restore as many jobs as possible. Whalen told
the job seekers, "You're the people who know how to operate these
machines. You're the people we need."

Scorpion's owner, Rob Stopanio, also made an announcement about the
purchase that drew rounds of applause from the former employees.
Stopanio added that Crane's senior management has been extremely
helpful and is working hard to ensure a smooth transition.

The purchase of Crane seems a good fit for Scorpion, which
manufactures rocker arms, lifters, pushrods, valves and valve springs.
According to Scott Reynolds, Scorpion's Vice President of Marketing,
"Scorpion Performance is very well known for its high quality valve
train parts. The addition of camshafts to our product line is a
natural. We know that we can resume production and start selling large
quantities of cams quickly."

Scorpion Performance manufacturers millions of high performance engine
parts that are marketed and distributed through its new retail
division, Scorpion Racing Products (SRP).

About Scorpion Performance

Scorpion Performance Inc. is an authority in high-performance racing
engine parts. Raceenthusiasts have proven internationally that
Scorpion Performance Inc has achieved incredible milestones through
advanced technology. Scorpion Performance Inc is the leading
manufacturer of rocker arms in the U.S.

Contact:
Media Relations Department
Scott Reynolds, Director of Advertising & Branding
954-779-3600 (X216)
954-779-3029 FAX
www.scorpionperformance.com



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