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Weld wheels chapter 11?

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Old 08-21-2006, 09:30 AM
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Default Weld wheels chapter 11?

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

http://www.kansascity.com/mld/kansascity/15300296.htm
Old 08-21-2006, 09:54 AM
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Damn.
Old 08-21-2006, 11:34 AM
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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?
Old 08-21-2006, 12:57 PM
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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.
Old 08-21-2006, 02:01 PM
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To quote the story directly:

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.
Old 08-21-2006, 02:12 PM
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Ah, that "s" plays a very important role. I missed that.
Old 08-21-2006, 03:34 PM
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Articles say that American Racing is buying Weld.
Old 08-21-2006, 05:54 PM
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hopefully they keep the same product
Old 08-21-2006, 07:38 PM
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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
Old 08-21-2006, 09:15 PM
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Originally Posted by tbs98z
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

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.
Old 08-21-2006, 09:15 PM
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It wasn't sales that hurt them, it was poor investment choices...
Old 08-22-2006, 01:25 AM
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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.




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