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Weld Wheel seeks bankruptcy, plans to sell assets

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Old Aug 21, 2006 | 11:35 AM
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Default Weld Wheel seeks bankruptcy, plans to sell assets



http://www.kansascity.com/mld/...1.htm

hope its not a repost
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Old Aug 21, 2006 | 11:50 AM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (Andres-eh2)

does that mean weld wheels will be harder to get them, its hard as it is...
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Old Aug 21, 2006 | 01:07 PM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (camp1320.com)

they are not going out of business

information i got straight from weld - they filed chapter 11 for "recapitalization" - should be running even better in the near future, more money = more inventory = quicker ship times - will be around for a long time
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Old Aug 21, 2006 | 08:50 PM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (Andres-eh2)

we order from thm alot - in the past it has taken more the 8 weeks but this past order only took 3 weeks!!!! man something changed over there - hopefully for the better
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Old Aug 22, 2006 | 02:06 AM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (Whitfield Inc.)

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Old Aug 22, 2006 | 05:35 AM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (MazworxRaceSupply)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by MazworxRaceSupply &raquo;</TD></TR><TR><TD CLASS="quote">they are not going out of business

information i got straight from weld - they filed chapter 11 for "recapitalization" - should be running even better in the near future, more money = more inventory = quicker ship times - will be around for a long time</TD></TR></TABLE>

Sounds as though American Racing has an offer on the table. The buyout should improve the delivery time.
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Old Aug 22, 2006 | 09:57 AM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (SpeedDreamz.com)

**** they need to do some to lower the price on those ***** *******. Nice clean wheels but you got to give one kid and both nuts to get a set.
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Old Aug 22, 2006 | 10:08 AM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (freakyty2.3)

yeah but you get what you paid for with the welds. If I would have known better I would have saved up a little more instead of stick with my bogarts.
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Old Aug 22, 2006 | 12:24 PM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (Arturbo)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Arturbo &raquo;</TD></TR><TR><TD CLASS="quote">yeah but you get what you paid for with the welds. If I would have known better I would have saved up a little more instead of stick with my bogarts.</TD></TR></TABLE>

sell the bogarts - i got a set with your name on them sitting here on my office floor
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Old Aug 22, 2006 | 12:31 PM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (MazworxRaceSupply)

you run across any more steals on those 1 pc rears yet James?
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Old Aug 22, 2006 | 01:47 PM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (tony1)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by tony1 &raquo;</TD></TR><TR><TD CLASS="quote">you run across any more steals on those 1 pc rears yet James?</TD></TR></TABLE>

i wish - actually asked about them a couple of days ago - no go yet but still trying - maybe one day i can convince them again
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Old Aug 22, 2006 | 02:02 PM
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Default Re: Weld Wheel seeks bankruptcy, plans to sell assets (Andres-eh2)

I'm in the wheel industry here in Kansas City and from what I have heard is that American Racing is buying it for 17 million. This is not the only time Greg Weld filed for bankruptcy.
He use to have this retail place here in town which was bad ***. It was state of the art stuff. Nice as hell! What was funny though is that he would sell all of his wheels more expensive than if you would buy them from JEGs or SUMMIT. AND he made all of his wheels right next door! Weld stuff is soooooooooo overrated.
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