Weld wheels chapter 11?

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Aug 21, 2006 | 09:30 AM

TS6

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From: Champaign Il

Weld wheels chapter 11?

Hmmmm.....Price increase coming? Oh yeah.

http://www.kansascity.com/mld/kansascity/15300296.htm

Aug 21, 2006 | 09:54 AM

JoeyAnderson

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Damn.

Aug 21, 2006 | 11:34 AM

blind527

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Weld wheels filed for bankruptcy? Good thing I just bought mine! I think that may be a different company...It says "decade old" business. Hasn't Weld Wheels, Inc. been around for longer?

Aug 21, 2006 | 12:57 PM

CONFUZED

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weld has been around for a long time, they have always had financial troubles also, it was weld, then bought out by crager, then he started up again, now hes loseing it again..... money mis-management issues.

Aug 21, 2006 | 02:01 PM

JasonSS

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From: Huntington Beach, Ca

To quote the story directly:

Quote:

The decades-old family-owned business said it lost $1.1 million in the first six months of this year on net sales of $21.8 million.

decade is 10 years, "decades" means more than 1 decade.

Aug 21, 2006 | 02:12 PM

blind527

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Ah, that "s" plays a very important role. I missed that.

Aug 21, 2006 | 03:34 PM

Pro Stock John

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Articles say that American Racing is buying Weld.

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Aug 21, 2006 | 07:38 PM

tbs98z

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Maybe they should have listened to what the customers want.We,the F-Body community have been begging them for years to build a wheel that fits, not doing so = lost sales.Maybe who ever buys them out will listen better.Let's hope

Aug 21, 2006 | 09:15 PM

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TS6

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Quote:

Originally Posted by tbs98z

First off, those additional sales wouldn't have saved them, read the article and how much money they lost.

Second off, seeing how many people on this site alone have Welds, I'd say fitment didn't stop very many F body owners from buying them.

Aug 21, 2006 | 09:15 PM

#11

CamTom12

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It wasn't sales that hurt them, it was poor investment choices...

Aug 22, 2006 | 01:25 AM

#12

blind527

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I have Welds...I don't have a problem with fitment...Just a little mods. But when it comes to modding, you can't expect everything to just fit without at least SOME work, or changing something.