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04-20-2009, 03:22 PM
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CC Member
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Join Date: Jun 2003
Location: Fuquay Varina,
NC
Cobra Make, Engine: Venom 351W
Posts: 135
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Not Ranked
International Wholesale
I just received my windshield two weeks ago from International Wholesale. They are a good company and a big supplier of Cobra parts. I just hope they are not included in the closing.
__________________
AC
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04-20-2009, 03:24 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
OK, Superformance too. Based on their market position and price point....
__________________
All that's stopping you now Son, is blind-raging fear.......
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04-20-2009, 04:10 PM
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CC Member
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Join Date: Apr 2009
Cobra Make, Engine:
Posts: 4
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Not Ranked
Shell Valley is For Sale and Currently Operating
Shell Valley Companies Inc including International Wholesale is for sale and currently open for business. Any interested and qualified buyers of the company should contact SMC, LLC at (866) 961-3211 for additional information.
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04-20-2009, 04:38 PM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,586
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Not Ranked
Quote:
Originally Posted by SMC
Shell Valley Companies Inc including International Wholesale is for sale and currently open for business. Any interested and qualified buyers of the company should contact SMC, LLC at (866) 961-3211 for additional information.
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I sure hope a buyer comes to the plate. My brief experience was nothing short of superb. Now I'm going to call and get the car cover. That's a heck of a price! |
04-20-2009, 06:07 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Quote:
Originally Posted by Bernica
"Thinning of the heard". Makes you wonder who will survive? Bets on survivors? I would say SAI, Kirkham and ERA.
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I'm sure the good folks at FFR, Unique and BDR will happy to read this post.  |
04-20-2009, 06:25 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
Quote:
Originally Posted by RodKnock
I'm sure the good folks at FFR, Unique and BDR will happy to read this post. |
Not my intention to disrespect anyone. All are good folks, and I have the utmost respect for everyone. We're all squeezing anything we can to make things work right now. Just gonna be tough....
__________________
All that's stopping you now Son, is blind-raging fear.......
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04-20-2009, 06:33 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,005
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Not Ranked
Quote:
Originally Posted by RodKnock
I'm sure the good folks at FFR, Unique and BDR will happy to read this post. |
It's hard to tell. Bernica named the "big three" and, personally, I hope that Peter P., Bob P., the Kirkham bros., and the other owners of those two companies are all multi-millionaires. They certainly deserve to be but, from what I've been told, the margins in their business really aren't as much as people believe. Not wihen you remember that they have to provide benefits for their employees, insurance, taxes, fund their deferred comp plans, etc. They're not in it for the money; they definately "march to a different drummer," and I'm really glad they do. Hopefully they have "key man" insurance as well.  |
04-20-2009, 06:35 PM
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CC Member
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Join Date: Oct 2002
Location: Eagle,
Ne.
Cobra Make, Engine: 1966 Lone Star 427SC.
Posts: 4,308
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Not Ranked
I feel these comments are damn distasteful. 
You should be ashamed of yourselves, at this time of hardship for so many business's and their employee's.
__________________
Regards,
Kevin
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04-20-2009, 06:36 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,005
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Not Ranked
Quote:
Originally Posted by FUNFER2
I feel these comments are damn distasteful.
You should be ashamed of yourselves, at this time of hardship for so many business's and their employee's. |
Me?  |
04-20-2009, 07:19 PM
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CC Member
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Join Date: Oct 2002
Location: Eagle,
Ne.
Cobra Make, Engine: 1966 Lone Star 427SC.
Posts: 4,308
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Not Ranked
No, your a good guy. 
__________________
Regards,
Kevin
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04-20-2009, 08:01 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
Not PatrickT, It's me. And I apologize to anyone offended. Not my intention, and in retrospect...Kevin is right. OK, I'll shut up.
__________________
All that's stopping you now Son, is blind-raging fear.......
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04-20-2009, 08:07 PM
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CC Member
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Join Date: Feb 2008
Location: Jacksonville,
FL
Cobra Make, Engine: Kirkham #570 w Shelby FE
Posts: 1,009
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Not Ranked
It's a tough thing to see happen. I've spent the last couple years adapting my business to the changing tide, problem is even if you know where you need to go half your employees can't (or won't) adapt.
One part of my business mainly caters to the local utilities, something you'd think would be somewhat recession-proof. That is until their capital expendature financing through Lehmann Bros. evaporated...
But you do what you can, bark at the employees for leaving the A/C on 65, trim off as much waste as possible, look for solutions bad times force other businesses to look for (or don't know about).
Sounds silly but even a Cobra builder may find in tough times that no one makes a good ironing board anymore and they can fill that need.
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04-20-2009, 09:43 PM
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CC Member
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Join Date: Oct 2002
Location: Eagle,
Ne.
Cobra Make, Engine: 1966 Lone Star 427SC.
Posts: 4,308
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Not Ranked
You don't have to shut up. You apologized, and all is fine in the Cobra world again. 
__________________
Regards,
Kevin
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04-20-2009, 10:44 PM
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CC Member
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Join Date: Sep 2007
Location: Toronto,
on
Cobra Make, Engine: Cobra International body Waltech frame
Posts: 311
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Not Ranked
I hope someone just as nice and honest as Rich, Dana and Jason from SV and IW keeps the company going. A great legacy.
If it dare goes to auction I am sure the mold and frame jig would fetch a hefty penny.
__________________
MV
"A company that makes nothing but money is a poor company" - Henry Ford
Last edited by Venamm; 04-22-2009 at 09:25 PM..
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04-21-2009, 01:22 AM
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CC Member
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Join Date: Nov 2008
Cobra Make, Engine:
Posts: 41
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Not Ranked
Quote:
Originally Posted by FUNFER2
I feel these comments are damn distasteful.
You should be ashamed of yourselves, at this time of hardship for so many business's and their employee's. |
Lol. Should we call the waaaambulance for them? Would you like a ride in it as well?
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04-21-2009, 06:49 AM
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Senior Club Cobra Member
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Join Date: Jun 2003
Location: Lockeford,
CA
Cobra Make, Engine: Midstates, Genesis 427 S/O
Posts: 300
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Not Ranked
Quote:
Originally Posted by computerworks
...facts confirmed by a reliable source.
Moved to All Cobra Talk
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Ron,
Have you talked to Rich? I'll try to give him a call today.
Chris
__________________
"God saved you by His grace when you believed. And you can't take credit for this; it is a gift from God".
Ephesians 2:8
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04-21-2009, 07:04 AM
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CC Member
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Join Date: Feb 2006
Location: Lake Havasu City, AZ,
AZ
Cobra Make, Engine: Arps/Burroughs/Hurricane/428FE
Posts: 1,346
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Not Ranked
It's really quite simple, numerous replica companys, high operating costs, low profit margins and then the down turn in customers buying cars. It's the same in all non- essential enterprizes that grow in the good times and shrink in the lean times. ie.RV, Boats and travel. Cobra Bill got it right "Market Correction".
Hang in there, the good ones will survive in one form or another..maybe morf into something even better.
Bill
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04-21-2009, 08:34 AM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,703
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Not Ranked
For those that missed this:
http://www.smcauctions.net/cgi-bin/mndetails.cgi?smc4
RIP Shell Valley & Co.
Bill S.
__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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04-21-2009, 08:49 AM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Northport,
NY
Cobra Make, Engine: Kirkham, KMP178 / '66 GT350H, 4-speed
Posts: 10,362
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Not Ranked
Quote:
Originally Posted by slithering
Ron,
Have you talked to Rich? I'll try to give him a call today.
Chris
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Please do. We need the straight scoop.
I could not get him, but someone did verify the action in place.
...plus, as Bill posted, a liquidation auction is scheduled. |
04-21-2009, 08:49 AM
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CC Member
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Join Date: Jan 2008
Cobra Make, Engine:
Posts: 773
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Not Ranked
I got a call from Shell Valley yesterday. They are completely shut down. I had an order in and was told that the bank has told them not to fill it. Later in the day I got a call to tell me that my molds and jigs needed to be removed immediately, Friday not being to soon. I am in New Hampshire they are in Nebraska. Ouch!!
Rich is a great guy, I hope the best for him, his family, and the fine people that worked there. Dana and Roger have been great to work with. This industry will miss them.
I was also told that the jigs/molds will be going to auction. Being in the Kit Car business doesn't make sense to me on an economic level. You have to have a passion for it. I still have the passion but my body is letting me down.
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