Scorpion Performance, Inc., a high performance valvetrain parts manufacturer, recently announced that it is in the process of buying
Crane Cams, which closed its doors in February and was scheduled for a liquidation sale in April. Crane Cams has been in business 56 years and is one of the best-known brands in the industry.
Scorpion Performance recently
held a Job Fair in the Crane Cams parking lot where most of its former employees attended and were treated to
free food, drinks, catalogs, and Scorpion Racing Products apparel.
Scorpion’s General Manager and
COO, Luke Whalen, announced to former Crane employees at the job fair 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.”
owner, Rob Stopanio, also made an announcement about the purchase that
drew applause from the former employees. Stopanio said that
Crane’s senior management has been extremely helpful and is working
hard to ensure a smooth transition.
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.”