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FE Power Forums => Non-FE Discussion Forum => Topic started by: hwoods on October 16, 2023, 11:29:21 AM

Title: Jegs bad? Bought out by Chinese? not my video
Post by: hwoods on October 16, 2023, 11:29:21 AM
https://youtu.be/_Vo3rD1hoMc?si=A4p3_EPBhrpKOwTz
Title: Re: Jegs bad? Bought out by Chinese? not my video
Post by: gregb 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......
Title: Re: Jegs bad? Bought out by Chinese? not my video
Post by: TomP on October 16, 2023, 07:18:06 PM
Left side head? Signature of the rebuilder cast into the head?   Chevy guys.... LOL  :P
Title: Re: Jegs bad? Bought out by Chinese? not my video
Post by: Katz427 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 ??
Title: Re: Jegs bad? Bought out by Chinese? not my video
Post by: Tunnelwedge 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.
Title: Re: Jegs bad? Bought out by Chinese? not my video
Post by: Diogenes 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.
Title: Re: Jegs bad? Bought out by Chinese? not my video
Post by: bsprowl on October 18, 2023, 09:08:50 PM
Without a strong competitor, we can expect Summit to raise their prices. 
"Stuff happens."