MarkR Posted September 13, 2008 Share Posted September 13, 2008 Pity, although I always thought the 3 pulleys were a bit pricey... Quote Link to comment Share on other sites More sharing options...
PJ Posted September 13, 2008 Share Posted September 13, 2008 UPDATE: Greddy in U.S. still good to go - Autoblog PRESS RELEASE TRUST CO. LTD, JAPAN, FILES FOR MINJI-SAISEI-HOU IN TOKYO GReddy Performance Products Inc., Parent Company to Undergo Reorganization Through Japanese Equivalent of U.S. Chapter 11 Filing September 9th, 2008, Irvine, CA-GReddy Performance Products, a California Corporation, has announced that its parent corporation, TRUST Co. LTD, has filed for Minji-saisei-hou in Tokyo, Japan, the U.S. equivalent of a Chapter 11 reorganization plan. As in the U.S., this filing is a common strategy utilized by companies to allow them to continue to conduct business and service customers while undergoing an internal reorganization process. This reorganization will have little, if any effect on GReddy Performance Products Inc., USA. GReddy assures its customers that it has ample inventory of all products for the U.S. market, and there are no production delays on new and current product lines coming from Japan. GReddy looks forward to exhibiting at the 2008 SEMA Show in Las Vegas, NV in its 20' x 40' booth, and will have three new project vehicles and new 2009 products on display. Representatives from both GReddy USA and TRUST Co. LTD Japan are attending the SEMA Show to answer questions about the reorganization and future plans for the company to retain its dominance in the sport compact market segment for the next 30 years. Stated GReddy Performance Product's Kenji Sumino, "TRUST Co. LTD Japan has filed for bank protection in order to restructure. This does not affect GReddy Performance Products USA at this time. In fact, we are working on plans to assist TRUST Co. LTD Japan during this process in every way we can. We have more than adequate inventory to sustain us until TRUST Co. LTD Japan returns to full production capabilities. As more information becomes available, we will release it to the media." Quote Link to comment Share on other sites More sharing options...
supra_aero Posted September 13, 2008 Share Posted September 13, 2008 when i visited japan the biggest garage was trial spirit and this was just the size of a typical large UK KWICK FIT STLYE WAREHOUSE WITH RAMPS AND SHOP. hmm interesting. thanks for the update peejay. Greddy are still in business. Quote Link to comment Share on other sites More sharing options...
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