Just heard that Edelbrock purchased Comp Cams. They are in the process of completing the change over, all the paperwork has been signed. So that means that Edelbrock owns Lunati, Crane and Comp.
Bob
Posts: 3289 | Location: Lakeside, Ca | Registered: February 15, 2003
whos is next is secondary concern IMO. Whats going to happen to quality of parts? We a;; know when big company invest million they start looking for ways to increase profit and quality is normally first victim.
America home of free. Brought to you by 2nd amendment.
Over the past few days there have been several trucks at Comp Cams removing miscellaneous parts and equipment and disposing of unwanted items such as old camshafts, sort of a house cleaning effort. To address the question about the future product quality at Comp, there is no way to predict how this will effect the product and services. I doubt that it will be adversely effected although Coleman is gone.
Who is next? Good question.
I'm waiting to hear who buys the NHRA, perhaps the same or a similar private equity group. Lots of changes in the wind, some good, some not so good. Life moves on.
Bob
Posts: 3289 | Location: Lakeside, Ca | Registered: February 15, 2003
The bad news is we loose the personal connection with the business. No more custom work. The sharp guys already left to work at other cam company’s. For instance- Bullet. The big money is not drag racers anyway. Off-road, Street etc... Remember Manufacture Midway? You could get anything repaired or purchased on the spot.
California Screaming! Raceless in California!
Posts: 4757 | Location: Vacaville | Registered: January 07, 2004
Sorry to see Comp change hands, even though it was Edelbrock who (through a Private Equity Group) purchased them.
Bullet has the ability, willingness, staff and process to create custom camshafts, in this day and age that is a necessity for most serious racers the combinations and cam profile requirements are endless. I question that the "new Comp Cams" will follow that path, it's not in their nature, they are progressive but still pretty much a catalogue company. If it's listed in their catalogue, no problem. The last time I bought "Catalogue camshaft" was more than thirty years ago. I am very specific and know what I need, Bullet has always fulfilled that need.
Time will tell.
Bob
Posts: 3289 | Location: Lakeside, Ca | Registered: February 15, 2003
this is not a good thing...they seem to buy up their competitors in one swoop...hence eliminating any competion with their products.then they don't care about the help and quality.
Posts: 1438 | Location: united states | Registered: January 16, 2006
You guys sure seem to 'know' a lot about what's going on.
For those interested in a little history lesson....virtually everyone at Bullet came from COMP - or Lunati - previously.
COMP grinds more custom cams in 2 days than Bullet does in a MONTH.
"Edelbrock" didn't BUY anything.... Edelbrock is owned by a private equity firm called IOP. Several of the IOP heads formed a subsidiary company - AND ALONG WITH RON COLEMAN - formed a new division of which Ron is one of 7 board members and will retain control of COMP's day to day operations.
Posts: 1 | Location: No Miss | Registered: January 31, 2020
Thank you for that. Most here know who the group is and perhaps I was not clear. They bought quite a while back. Not sure what their plans are. The concern is as stated ; will it affect the custom side of CC? Hopefully not. BTW, my best cam currently is a CC. None of us are saying anything bad about them.
Crane Cams stopped taking my stock orders & shipping about mid December as they were having a management meetings and to check back after the first of this year. As of 1/1/21 Comp Cams now owns Crane Cams. The investment group that owns Edelbrock etc. IOP is in Chicagoland > Evanston Il. I will know more when my Crane Cams contact person recovers from Covid. Luckily he still has his same position in the companies. Crane Cams will now be packaged and shipped as a Comp Cams product.
Posts: 1 | Location: Yonkers NY | Registered: January 08, 2021
Kinda odd that the 2 "in the know" posters are first-time posters with similar attitudes. One took a year before their first post and the other a couple of weeks... Not trying to say anything except it's a he11 of a coincidence...
. Dave
F J B
Posts: 4595 | Location: Earth | Registered: February 08, 2006
