Author Topic: Jegs bad? Bought out by Chinese? not my video  (Read 693 times)

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hwoods

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it is hard to balance your check book with your testoserone level
Previous FE Cars:   1965 Ford Galaxie 390/4spd then upgraded to 427 sideoiler
1970 Maverick 427 sideoiler.  X Pro Stock Car
Current build in progress 1964 Thunderbolt Clone

gregb

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Re: Jegs bad? Bought out by Chinese? not my video
« Reply #1 on: October 16, 2023, 11:42:33 AM »
Looks like he received a set of 5.0 heads, as opposed to a 5.7 head......

TomP

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Re: Jegs bad? Bought out by Chinese? not my video
« Reply #2 on: October 16, 2023, 07:18:06 PM »
Left side head? Signature of the rebuilder cast into the head?   Chevy guys.... LOL  :P

Katz427

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Re: Jegs bad? Bought out by Chinese? not my video
« Reply #3 on: October 18, 2023, 09:32:57 AM »
Not China. Greenbriar, an equity, leverage buyout group. Gerald Greenwald, a longtime Ford executive,  and some time as a vice chairman at Chrysler, before Bob Eaton, sold off the business, dissolving Chrysler Corporation. As an investment firm, they have a pretty diverse portfolio, several aerospace holdings. How will Jegs, do with this management ??

Tunnelwedge

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Re: Jegs bad? Bought out by Chinese? not my video
« Reply #4 on: October 18, 2023, 02:18:08 PM »
Years ago Greenbriar bought out Trenton Works in Trenton Nova Scotia.
Stripped the place of anything of value and closed the plant.
I had a small contract with the plant at one time doing repair work.

Diogenes

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Re: Jegs bad? Bought out by Chinese? not my video
« Reply #5 on: October 18, 2023, 03:00:14 PM »
From the standpoint of a company and its products and services, I've never seen anything good come from being bought out by an investment/equity firm. I had dealings many years ago with Fram and Autolite as well as other companies that came and went within the same parent company--they just stripped them down until there was little left, hobbling their marketing and R&D, and then selling them off to the next group. They changed hands so many times, and lost a lot of good people, not to mention position in the marketplace.

I've had problems with the service at Jegs over the years, and try not to buy anything from them if possible--I guess I'll need to double down on that now, as things will undoubtedly worsen.
WHEN CRIMINALS MAKE THE LAWS, OBEYING THE LAW IS A CRIME.

1966 Galaxie 500 390 Toploader 3.89 Traction-Lock 9in.
1985 Toyota Celica Supra
1971 Montego MX wagon 351C Toploader Detroit Locker Cyclone competition gauge/dash bucket seats/console
1989 Texas DPS Police Mustang
1971 Torino GT 351C 4V AT
1968 Cougar 351W Toploader Traction-Lock 8in.
1989 Dodge Omni modified 2.5 turbo from hell

bsprowl

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Re: Jegs bad? Bought out by Chinese? not my video
« Reply #6 on: October 18, 2023, 09:08:50 PM »
Without a strong competitor, we can expect Summit to raise their prices. 
"Stuff happens."