Re: BG out of business!
[Re: Thor500]
#931848
02/18/11 05:46 PM
02/18/11 05:46 PM
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Joined: Jun 2003
Posts: 9,225 Charleston
sixpackgut
Drag Week Mod Champion
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Drag Week Mod Champion
Joined: Jun 2003
Posts: 9,225
Charleston
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not a fan at all of BG but I hate to see any performance company go down.
I hope this helps Holley's situation as I believe it's been pretty bad there also
Gen 3 power 6.22@110, 9.85@135 Follow @g3hemiswap on instagram
performance only racing, CRT, ultimate converter, superior design concepts, ThumperCarbs
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Re: BG out of business!
[Re: sixpackgut]
#931850
02/18/11 05:48 PM
02/18/11 05:48 PM
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Joined: Aug 2004
Posts: 2,128 sweden
sshemi
top fuel
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top fuel
Joined: Aug 2004
Posts: 2,128
sweden
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Quote:
not a fan at all of BG but I hate to see any performance company go down.
I hope this helps Holley's situation as I believe it's been pretty bad there also
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Re: BG out of business!
[Re: sixpackgut]
#931851
02/18/11 05:57 PM
02/18/11 05:57 PM
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Joined: Jun 2003
Posts: 52,972 Romeo MI
MR_P_BODY
Master
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Master
Joined: Jun 2003
Posts: 52,972
Romeo MI
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Quote:
not a fan at all of BG but I hate to see any performance company go down.
I hope this helps Holley's situation as I believe it's been pretty bad there also
Same here............. it happens when work goes across the pond and people dont support USA.. sorry I shouldnt go there Sorry they have to close the doors
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Re: BG out of business!
[Re: Thor500]
#931854
02/18/11 06:04 PM
02/18/11 06:04 PM
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Joined: Jul 2008
Posts: 30,632 Florida STAYcation
IcorkSOAK
Financed his waterbed
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Financed his waterbed
Joined: Jul 2008
Posts: 30,632
Florida STAYcation
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Quote:
The economic situation has put the company in the position of not being able to find working capital needed to continue operations after 26 years of business.
NOT a very well operated biz ...IMO
AFTER 26 years ....you should have A TON of working-capital to carry-you-through the lean-times.
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Re: BG out of business!
[Re: dennismopar73]
#931858
02/18/11 06:26 PM
02/18/11 06:26 PM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
just so you know holley is in bankrupcy as well!!
not sure if thats 100% correct. I remember a while back Monte explained what was going on with them.
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Re: BG out of business!
[Re: Thor500]
#931860
02/18/11 07:11 PM
02/18/11 07:11 PM
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Joined: Feb 2005
Posts: 28,312 Cincinnati, Ohio
Challenger 1
Too Many Posts
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Too Many Posts
Joined: Feb 2005
Posts: 28,312
Cincinnati, Ohio
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It seems to me that the carb business has been on the down hill for years now. Now with Nascar announcing FI for next year, I imagine that is big news in the carb business? Sucks sometimes because the times are always changing.
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Re: BG out of business!
[Re: Challenger 1]
#931861
02/18/11 07:18 PM
02/18/11 07:18 PM
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Joined: Jul 2008
Posts: 30,632 Florida STAYcation
IcorkSOAK
Financed his waterbed
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Financed his waterbed
Joined: Jul 2008
Posts: 30,632
Florida STAYcation
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Quote:
It seems to me that the carb business has been on the down hill for years now.
Now with Nascar announcing FI for next year, I imagine that is big news in the carb business?
Sucks sometimes because the times are always changing.
x 2 ...and this is why that operation should be producing and marketing a reliable and affordable DPFI system for the aftermarket.
THERE is more-to-this situation than is what being said now ...
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Re: BG out of business!
[Re: Challenger 1]
#931862
02/18/11 07:24 PM
02/18/11 07:24 PM
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Joined: Jan 2003
Posts: 1,436 Oklahoma City OK
Cudajon
pro stock
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pro stock
Joined: Jan 2003
Posts: 1,436
Oklahoma City OK
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Quote:
Same here............. it happens when work goes across the pond and people dont support USA.. sorry I shouldnt go there Sorry they have to close the doors
"Its the economy stupid" to quote a famous president. I own a business and they are all hurting. Real unemployment at over 19%, people just don't have pocket money anymore and with gas over $3 a gallon and climbing its getting worse. I dont care how long you've been in business you need to be able to borrow working capital, those banks we bailed out now want to see every facet of your business before even considering it. And then "unless you don't need the loan" will turn you down. When states (Wisc, Ohio, Mich, etc) start going bankrupt its a lot worse than what your getting on your news station.
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Re: BG out of business!
[Re: Cudajon]
#931863
02/18/11 07:31 PM
02/18/11 07:31 PM
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Joined: Sep 2003
Posts: 1,258 Fairview Tennessee
SV_MOPARS
pro stock
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pro stock
Joined: Sep 2003
Posts: 1,258
Fairview Tennessee
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Quote:
Quote:
Same here............. it happens when work goes across the pond and people dont support USA.. sorry I shouldnt go there Sorry they have to close the doors
"Its the economy stupid" to quote a famous president. I own a business and they are all hurting. Real unemployment at over 19%, people just don't have pocket money anymore and with gas over $3 a gallon and climbing its getting worse. I dont care how long you've been in business you need to be able to borrow working capital, those banks we bailed out now want to see every facet of your business before even considering it. And then "unless you don't need the loan" will turn you down. When states (Wisc, Ohio, Mich, etc) start going bankrupt its a lot worse than what your getting on your news station.
ain't that the truth!! well put
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Re: BG out of business!
[Re: Quicktree]
#931865
02/18/11 07:41 PM
02/18/11 07:41 PM
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Joined: Nov 2009
Posts: 2,177 ill
dennismopar73
top fuel
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top fuel
Joined: Nov 2009
Posts: 2,177
ill
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Quote:
Quote:
just so you know holley is in bankrupcy as well!!
not sure if thats 100% correct. I remember a while back Monte explained what was going on with them.
THEY HAVE BEEN FOR SOME TIME NOW, ALONG WITH SEVERAL OTHERS, (MR GASKET, TO NAME ) THEY ARE TRING TO RESTRUCTURE, THEY MAY HANG ON , BUT YOU HAVE NOT SEEN THE TOTAL FALLOUT YET MORE TO COME IF I CAN SCAN THEIR BANKRUPCY PAPERWORK I WILL POST IT,
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Re: BG out of business!
[Re: mistress]
#931866
02/18/11 07:42 PM
02/18/11 07:42 PM
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Joined: Jan 2003
Posts: 11,799 Portage,michigan
B3422W5
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 11,799
Portage,michigan
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Quote:
I figured this was gonna happen, i had ordered a belt drive fuel pump in the summer and never got it. So glad i got my money back and got a ron's pump instead...
wow, a 9.60 car in a 10.30-10.40 field at Martin
69 Dart GTS A4 Silver All steel, flat factory hood, 3360race weight 418 BPE factory replacement headed stroker, 565 lift solid cam, footbrake street/strip car
1.41 best 60 foot 6.54 @ 105.20
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