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Milaca
10-02-2009, 05:48 PM
Ignition Park in South Bend moves forward
Studebaker parts business to stay in city

http://www.southbendtribune.com/article/20091002/News01/910029962/-1/XML

http://farm4.static.flickr.com/3473/3939471781_afa477b3ae_m.jpg
Brent's rootbeer racer.
MN iron ore...it does your body good.

52-fan
10-02-2009, 05:53 PM
Sounds hopeful. I guess we just have to wait for it to play out.

http://i152.photobucket.com/albums/s186/52-fan/StudebakersofArkansas2-1.jpg
1952 Champion Starlight w/overdrive. Searcy, Arkansas
"I may be lazy, but I'm not shiftless."

Milaca
10-02-2009, 05:58 PM
Who knew that the city of South Bend had such deep pockets?

http://farm4.static.flickr.com/3473/3939471781_afa477b3ae_m.jpg
Brent's rootbeer racer.
MN iron ore...it does your body good.

raprice
10-02-2009, 06:26 PM
Now, to find out who's the buyer of those 30,000 parts. Hopefully, it's Ed Reynolds. Whoever it is, it does indeed sound hopeful.
Rog

'59 Lark VI Regal Hardtop
Smithtown,NY

BobGlasscock
10-02-2009, 06:40 PM
I would think that now that the government and lender deals have been announced, it won't be long before 'the buyer' feels like he/she can make an announcement about the parts deal.

What is this AM General building?



'50 Champion, 1 family owner
http://i251.photobucket.com/albums/gg316/studebakerbob/SDC%20avatar/Studebakerstuff019.jpghttp://i251.photobucket.com/albums/gg316/studebakerbob/SDC%20avatar/Studebakerstuff018.jpg

ST2DE5
10-02-2009, 07:01 PM
http://www.amgeneral.com/corporate/history.php


7G-Q1 49 2R12 10G-F5 56B-D4 56B-F2

unclemiltie
10-02-2009, 07:02 PM
I think the AM General Building they are referring to is the Old Studebaker Truck plant on Chippewa

Milt

1947 Champion (owned since 1967)
1961 Hawk
1964 Convertable
1967 Avanti
1961 Lark 2 door
1950 Commander Starlight

mbstude
10-02-2009, 07:07 PM
quote:Originally posted by unclemiltie

I think the AM General Building they are referring to is the Old Studebaker Truck plant on Chippewa.




Yep, that's the place. And having seen it, let me tell ya, that place is HUGE! [8D]

Matthew Burnette
Hazlehurst, GA

ST2DE5
10-02-2009, 07:42 PM
There is a article in there about Kaiser buying out Studebaker at Chippewa plant.
http://www.amgeneral.com/corporate/history.php


7G-Q1 49 2R12 10G-F5 56B-D4 56B-F2

avantilover
10-02-2009, 08:39 PM
Presuming that it's Ed Reynolds it makes more sense to move the gear across town rather than truck it to his main site. At least an inventory will be done so what stock is there can be determined. Good news all round.

John Clements
Avantilover, your South Australian Studebaker lover!!!
Lockleys South Australia

63larkcustom
10-02-2009, 09:18 PM
I'm so glad the parts are being saved. One thing does sorta stick out to me after reading the article. The city is paying TCU 600k plus to end the lease on a lease that was for $1/yr. Could they not have paid Dennis that and helped him move? Just a thought. Cause I'm quite sure the new owner will be paying around $450k for all the parts. I'm sure there was a lot that went on behind the scenes. After Dennis carried the $1m notes for 10 yrs. Guess he must have really made the city mad.

showbizkid
10-02-2009, 10:24 PM
There's no telling what's up where politicians are involved.


[img=left]http://members.cox.net/clarknovak/lark.gif[/img=left]

Clark in San Diego
'63 F2/Lark Standard
http://studeblogger.blogspot.com
www.studebakersandiego.com

fred k.
10-02-2009, 10:30 PM
I agree , it is not over until the proper pockets are lined.

fred

barnlark
10-03-2009, 12:02 AM
My vote's for Dave Spilski to work at the new location. [^]
By the way, there must be 30,000 fasteners alone still there,
let alone large parts. That number has to be low, unless everyone
cleaned the place out this summer.

studeclunker
10-03-2009, 01:02 AM
quote:Originally posted by barnlark

My vote's for Dave Spilski to work at the new location. [^]
By the way, there must be 30,000 fasteners alone still there,
let alone large parts. That number has to be low, unless everyone
cleaned the place out this summer.


Judging by what everyone who goes there says, by the pictures posted and the size of the building, I'd say that they left a zero off.;)

http://i16.photobucket.com/albums/b18/Studeclunker/december%2006/HPIM0234.jpg http://i16.photobucket.com/albums/b18/Studeclunker/56%20Parkview%20Wagon/56wagonleftfrontclipped-1.jpg
Home of the famous Mr. Ed!
K.I.S.S. Keep It Simple Studebaker!
Ron Smith
Where the heck is Lewiston, CA?

Warren Webb
10-03-2009, 04:17 AM
Perhaps its 30,000 part Numbers! That would seem to be more like it. this article is the first time it was mentioned that Dennis was in default. Hopefully, the rates that Teachers will charge on the new note will be more reasonable so the new buyer can exist too.

60 Lark convertible
61 Champ
62 Daytona convertible
63 G.T. R-2,4 speed
63 Avanti (2)
66 Daytona Sport Sedan

ChampTrucking
10-03-2009, 07:23 AM
As for the Dennis defaulted statement,I have heard that the bank actually advised Dennis to stop making payments so they could legally declare the loan in default and then they could legally be able to auction the parts. I was wondering if a lending institution asks you to help them out and default to benefit them, would that affect your credit rating?

barnlark
10-03-2009, 08:41 AM
I cringed at that too, Rich. I'm not sure about that, but being asked to
default by agreement and defaulting are certainly two different things.
Running with it in print that way wasn't very responsible if the former
version were actually true. Seeing how the parts amount fact is way
off, I'd say it's possible other facts are suspect, as well.

My first thought was a writer right out of college, but they can be any
age...just remiss in taking proper notes. Technically, it's a default on a
loan, either way, but one makes Dennis appear as a deadbeat and the
other obviously would not. It's up to the financial institution to file his
name to a credit reporting agency. Let's hope that isn't the case. For decades
he's made his livelihood and given his life to SASCO and going out at the
mercy of the city is one thing, but defamation is quite another. I hope it
didn't go down that way and a retraction is forthcoming.

I work in the business, but nowadays bloggers are even considered by some news
agencies to have the right to free speech and they then print those, or post them
on their websites. It's crazy. They can be anybody with an agenda; loose with
the facts.

A forum is for that! ;)

gordr
10-03-2009, 10:39 AM
Just about any newspaper article you read will have one or more errors of fact, let alone typos and misspellings. Mostly the errors of fact are trivial in nature, but the odd whopper gets through, and I'm not even talking about slanted stories where the writer has an agenda!

Equally true of TV and magazines, too.

Gord Richmond, within Weasel range of the Alberta Badlands

barnlark
10-03-2009, 10:47 AM
Every job has people who make mistakes. They're just more glaring in the media and if it's your surgeon. ;)

ChampTrucking
10-03-2009, 11:13 AM
Been thinking about this timeline of events,and re reading the article. AFAIK,the CITY refused to further lease the building to Dennis for his business because they want the land.So he is out of business. Defaulting allows the lending institution to repossess the assets.Then they say no,we want to stay in the building,so the City pays them to NOT exercise the lease option they got when repossessing the assets?? Why didn't the CITY pay Dennis to not stay? They will pay Air Gas and Hamilton Towing for their property to close the business,but not Dennis because he is just a renter? Teachers Credit Union became a renter after repo didn't they? Play our game and help us get what we want and we will make it worth your while.Makes ya wonder who is smooching who's dupa,eh?

tbredehoft
10-03-2009, 11:24 AM
Who was it said "Good guys finish last"? That seems to apply here.

[img=left]http://www.alink.com/personal/tbredehoft/Avatar1.jpg[/img=left]
Tom Bredehoft
'53 Commander Coupe (since 1959)
'55 President (6H Y6) State Sedan
....On the road, again....
'05 Legacy Ltd Wagon
All Indiana built cars

rocinante
10-06-2009, 02:01 PM
I like the statement from Don Inks of the Redevelopment Commission that demolition of #92 is urgent so as not to disturb the nanotech businesses that (he thinks) will move in. WHAT nanotech businesses?? Who has signed up to move in to the site? And why couldn't the building be renovated to work WITH the Ignition park concept, rather than (as they see it) standing in the way?

At any rate, how is the removal of this buidling so critical to the development of "Ignition Park? Especially once the Foundry is removed freeing up yet another large parcel? I'm missing something here, apparently.

Sorry folks I know I'm beating a dead horse here, but this whole thing just irks me to no end and I had to make a comment.

Charles Schneider

tim87114
10-06-2009, 03:28 PM
From a Nanotech standpoint any vibration from tearing down a building will cause issues when attempting to manufacture nano transistors ect.

However, most Clean Room fabs are built in such away to absorb or deflect ground vibrations. Each machine on it's own, running in a fab environment creates vibration. Each piece of equipment is usually placed on a pedestal with isolation points to a concrete floor then surrounded by a raised metal floor which provides two things. One is vibration isolation from the floor that operators walk on, and isolation from equipment rolling through the fab. The second is for Clean room Airflow.

On a large scale of tearing down a building, yes it could cause a harmonic vibration enough to cause issues on a nano surface.
So anything above paving a parking lot MAY cause issues for a fab. If they plan on pounding pilings in the ground then that would shut a plant down until it is completed. In other words the Nano Fab would have to go into stand down mode.
I made a trip to Intel in Arizona when we were installing machines in thier new fab. They were paving the parking lot and you could feel the vibration from the compactors on the third floor level at the machines.

Roscomacaw
10-06-2009, 04:58 PM
Speaking of vibrations and manufacturing.....

I was working at Northrup's Hawthorne division in the early 80s. I was installing new controls on alot of their manufacturing machinery. Man, if one was a gunshy sort (which I am), you were in trouble there! They had several huge drophammer presses that they were using to form panels for the B-2 bomber - titanium panels.
They had these ovens on wheels - looked like a giant chest freezer with pneumatic cylinders that actuated the lid. Inside would be the sheets of glowing titanium that would get placed into the drop presses to be formed.

Darned presses made no warning sound as they dropped to impact. I'd be working maybe a hundred feet away and concentrating on some aspect of what I was doing and WHAM!- that sucker would go off. It would bring your feet off the ground and make stuff jump onto the floors. Fact is, the slams were so great that the drinks on the counter at the bar across the street from this facility, would rattle whenever the press hit![:0][xx(]

Took me several days of working there before I stopped cussing every time I got scared. The old timers would just shake their heads and laugh. I often wondered what sort of psychological impact would be imparted by having to listen to that thing for years![V]


EDIT: Proofread what I wrote and got to thinking I'd better tie this post to the topic header, lest the cops take a dim view...
I confess that during the '07 meet in SB, I pried up one of the paving bricks that led to this building's loading dock.[}:)] Stupid me tho - I forgot and left that brick at the fairgrounds.[B)]
Anyways, I was doing my bit for demolition even tho I didn't know it.[:I]


http://imagehost.vendio.com/a/30906179/aview/58_Avatar.jpg
1957 Transtar 1/2ton
1963 Cruiser
1960 Larkvertible V8
1958 Provincial wagon
1953 Commander coupe
1957 President two door

Milaca
10-06-2009, 05:25 PM
StudeBob, it doesn't bother me if you go off topic. Its all interesting to me [^]

http://farm4.static.flickr.com/3473/3939471781_afa477b3ae_m.jpg
Brent's rootbeer racer.
MN iron ore...it does your body good.

studeclunker
10-06-2009, 05:39 PM
quote:Originally posted by ChampTrucking

Been thinking about this timeline of events,and re reading the article. AFAIK,the CITY refused to further lease the building to Dennis for his business because they want the land.So he is out of business. Defaulting allows the lending institution to repossess the assets.Then they say no,we want to stay in the building,so the City pays them to NOT exercise the lease option they got when repossessing the assets?? Why didn't the CITY pay Dennis to not stay? They will pay Air Gas and Hamilton Towing for their property to close the business,but not Dennis because he is just a renter? Teachers Credit Union became a renter after repo didn't they? Play our game and help us get what we want and we will make it worth your while.Makes ya wonder who is smooching who's dupa,eh?



Well... one might say that they (the city) wanted to keep the money in the family, so to speak. Then again the whole deal is quite shady, so therefore, (in regards to politics) business as usual.;)

http://i16.photobucket.com/albums/b18/Studeclunker/december%2006/HPIM0234.jpg http://i16.photobucket.com/albums/b18/Studeclunker/56%20Parkview%20Wagon/56wagonleftfrontclipped-1.jpg
Home of the famous Mr. Ed!
K.I.S.S. Keep It Simple Studebaker!
Ron Smith
Where the heck is Lewiston, CA?

Chris_Dresbach
10-06-2009, 08:32 PM
In response to the ground vibrations comment, dang, I guess they will just have to leave the building standing!:D

Chris Dresbach

jclary
10-06-2009, 08:43 PM
Well...I have been in South Bend only once this past spring. From what I observed Ignition Park looked more like it is ready for "NONO TECHNOLOGY" RATHER THAN NANO TECHNOLOGY!

John Clary
Greer, SC
http://i518.photobucket.com/albums/u346/jconln/HPIM0372-2.jpg
Life... is what happens as you are making plans.
SDC member since 1975

R2Andrea
10-07-2009, 12:38 AM
They are going to have to have quite a damping system for any buildings in that area. Every time a train runs down the mainline(s) (a long block to the North) you can feel it in the Engineering building. Just one of those little details the City hasn't mentioned.

R2Andy

StudeDave
10-07-2009, 02:51 PM
I just heard from a Very Reliable Source, sworn to secrecy, that there WILL bea Post Here, TODAY, that will set ALL the Rumors and Speculation regarding the SASCO Parts to REST! - - I don't see it yet, but We Can HOPE!
StudeDave, Chicago:)
Will check back Later!

Dave Reid

Retired
10-07-2009, 05:39 PM
DITTO...........Last Post.

Richard

studefan
10-07-2009, 07:26 PM
I was thinking about the so-called disturbances from tearing down a building while sensitive nano work is being conducted.

What about disturbances caused during construction of new buildings? Does this mean that the city will develop the entire industrial park before allowing any tenets to move in? I don't think so.

62SY4
10-07-2009, 08:12 PM
quote:Originally posted by rocinante

I like the statement from Don Inks of the Redevelopment Commission that demolition of #92 is urgent so as not to disturb the nanotech businesses that (he thinks) will move in. WHAT nanotech businesses?? Who has signed up to move in to the site? And why couldn't the building be renovated to work WITH the Ignition park concept, rather than (as they see it) standing in the way?

At any rate, how is the removal of this buidling so critical to the development of "Ignition Park? Especially once the Foundry is removed freeing up yet another large parcel? I'm missing something here, apparently.

Sorry folks I know I'm beating a dead horse here, but this whole thing just irks me to no end and I had to make a comment.

Charles Schneider


I can attest from personal experience what vibration can do to nanotechnology. I had to do several scans with an atomic force microscope on a material of choice for a nanotechnology class I had last fall. The school is renovating th engineering building, just normal construction at ground level. I was on the 9th floor and these scans, which should have taken 30-45 minutes, took three and a half hours, because of the construction. Here is one topograpic scan of a piece of oiled cold rolled sheet steel, notice the horizontal lines, that is from the vibrations, and yes I was working on an air table.
http://i542.photobucket.com/albums/gg440/62SY4/krimm10.jpg
I really wish SASCO and the city could have solved their dispute(s), If this park does eventually come about, I wish them luck, for nanotechnology is in its very early days (aside from the micro chip industy). Its hard to stay afloat when you depend on grant money.


Jon Krimm
1962 Lark Sedan
http://i542.photobucket.com/albums/gg440/62SY4/carstude.jpg
1961 Champ

Milaca
10-07-2009, 08:36 PM
"Nano nano."
http://www.why-is-the-sky-blue.tv/images/nanotechnology.jpg

http://farm4.static.flickr.com/3473/3939471781_afa477b3ae_t.jpg
Brent's rootbeer racer.
MN iron ore...it does your body good.

Tom
10-07-2009, 09:01 PM
Reading the information on AM General's website, where were Humvees produced after the Chippewa site was shut down in 1989? No mention is made of when the Mishawaka plant started up.

Plus I thought that Grumman acquired the Chippewa plant from Studebaker in the government assisted bailout of Studebaker...

StudeRich
10-08-2009, 03:47 PM
Grumman was never involved, only AM General.

Also there was no "Government bailout" of Studebaker in the '60's! [:0]

Which Planet are you from? :D

StudeRich

Milaca
10-08-2009, 03:58 PM
Just so that we are all clear, Tom was joking. At least, I hope so.....;)

http://farm4.static.flickr.com/3473/3939471781_afa477b3ae_t.jpg
Brent's rootbeer racer.
MN iron ore...it does your body good.

jclary
10-08-2009, 04:11 PM
I think we might need to define "Bailout." Studebaker didn't get a government bailout in the '60's...Studebaker "Bailed Out" of auto production in the '60's!

John Clary
Greer, SC
http://i518.photobucket.com/albums/u346/jconln/HPIM0372-2.jpg
Life... is what happens as you are making plans.
SDC member since 1975

Chris_Dresbach
10-08-2009, 08:00 PM
Never thought of those rail road tracks being usted to the advantage of saving the building! Need to remind the city of that: Every time a train passes, it causes vibrations, just like a building going down only more often and worse!:D What's the city going to do next? Remove the rail road?! Conrail and Norfolk Southern have a little bit more power and money than the city does... Thanks for the idea!:D

Chris Dresbach

prager
10-08-2009, 08:52 PM
Rich, there was a bailout of sorts...not for the plant , but for the displaced employees...I cannot remember exactally how it went, but it was in the paper, and the Less than they promised book.

Making resverations at the poor house parking lot for me and my 62 Lark..

maxpower1954
10-08-2009, 11:32 PM
As much as I like Studebakers, the behavior of the company when they shutdown South Bend was despicable. They reneged on their pension obligations to any employee with less than 20 years, which created such an outrage across the country that the Federal government created the Pension Guarantee Benefit Corporation (PBGC) which has been in the news in recent years, as a rash of bankrupcies in the steel and airline industries allowed them to dump their pensions onto the PBGC. BTW, the Studebaker workers were not retroactively covered. Russ Farris

http://www.pbgc.gov/about/history.html

BShaw
10-09-2009, 12:22 AM
Hey, this topic is about Sasco news. Please stay on topic and keep the gov't out of it.

BShaw, Webmaster
webmaster@studebakerdriversclub.com
Woodbury, Minnesota

maxpower1954
10-09-2009, 12:37 AM
Otay! Russ Farris

avantilover
10-09-2009, 06:26 PM
I recall reading that Studebaker didn't have enough money in their pension scheme to cover all that was owed. It was because the fund was started in the 1950s with the intention of being effective, however nobody forsaw the end of car production in the mid 1960s, hence the lack of money.

John Clements
Avantilover, your South Australian Studebaker lover!!!
Lockleys South Australia

avantilover
10-09-2009, 06:32 PM
It was suggested to me last night by an Aussie vendor that the cost of buying the stuff was US$1,000,000.00. Apparently there is also some tooling for things like 1962 taillights so maybe they can be cleaned up and batches made as necessary? I'm still awaiting the arrival of my SI catalog I ordered when there was a topic on those, hope it arrives soon.

John Clements
Avantilover, your South Australian Studebaker lover!!!
Lockleys South Australia

toyman
10-09-2009, 10:21 PM
A dumb question. Apparently the SI 'letter' went to the AOAI, or one of their authorized reps. Why hasn't it been 'officially' placed on the SDC Forum by SI? Aren't we worthy?

toyman

Milaca
10-09-2009, 10:30 PM
See new post: S.I. to purchase SASCO-Ed Reynolds, for current info, directly from Ed himself.

http://farm4.static.flickr.com/3473/3939471781_afa477b3ae_t.jpg
Brent's rootbeer racer.
MN iron ore...it does your body good.

rockne10
10-09-2009, 10:32 PM
Please divert all additional comments to this topic.

http://forum.studebakerdriversclub.com/topic.asp?TOPIC_ID=33793