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Sasco news 10-2-09

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  • Sasco news 10-2-09

    Ignition Park in South Bend moves forward
    Studebaker parts business to stay in city

    http://www.southbendtribune.com/arti...0029962/-1/XML


    Brent's rootbeer racer.
    MN iron ore...it does your body good.
    sigpic
    In the middle of MinneSTUDEa.

  • #2
    Sounds hopeful. I guess we just have to wait for it to play out.


    1952 Champion Starlight w/overdrive. Searcy, Arkansas
    "I may be lazy, but I'm not shiftless."
    sigpic

    "In the heart of Arkansas."
    Searcy, Arkansas
    1952 Commander 2 door. Really fine 259.
    1952 2R pickup

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    • #3
      Who knew that the city of South Bend had such deep pockets?


      Brent's rootbeer racer.
      MN iron ore...it does your body good.
      sigpic
      In the middle of MinneSTUDEa.

      Comment


      • #4
        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
        '59 Lark VI Regal Hardtop
        Smithtown,NY
        Recording Secretary, Long Island Studebaker Club

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        • #5
          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

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          • #6
            http://www.amgeneral.com/corporate/history.php


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

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            • #7
              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

              Milt

              1947 Champion (owned since 1967)
              1961 Hawk 4-speed
              1967 Avanti
              1961 Lark 2 door
              1988 Avanti Convertible

              Member of SDC since 1973

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              • #8
                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

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                • #9
                  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

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                  • #10
                    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
                    John Clements
                    Christchurch, New Zealand

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                    • #11
                      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.

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                      • #12
                        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

                        Clark in San Diego | '63 Standard (F2) "Barney" | http://studeblogger.blogspot.com

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                        • #13
                          I agree , it is not over until the proper pockets are lined.

                          fred

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                          • #14
                            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.

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                            • #15
                              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.


                              Home of the famous Mr. Ed!
                              K.I.S.S. Keep It Simple Studebaker!
                              Ron Smith
                              Where the heck is Lewiston, CA?
                              Home of the famous Mr. Ed!
                              K.I.S.S. Keep It Simple Studebaker!
                              Ron Smith
                              Where the heck is Fawn Lodge, CA?

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