The 2014 Corvette Stingray Forum
News / Blog Register Members List Social Groups Calendar Search Today's Posts Mark Forums Read

Go Back   Chevrolet Corvette Stingray C7 Forum > Corvette7.com General Forums > Corvette Stingray C7 General Discussions

Corvette Stingray C7 General Discussions General topics on the Corvette C7 Stingray.

Reply
 
Thread Tools
Old 02-25-2014, 03:06 PM   #1
PfadtRacing
 
PfadtRacing's Avatar
 
Drives: 2010 Camaro, 2006 Z06
Join Date: Feb 2009
Location: SLC, UT
Posts: 3,375
Pfadt Race Engineering has closed.

It’s with heavy hearts that we announce the closing of Pfadt Race Engineering. Since 2006 we have manufactured the highest quality aftermarket components for Corvette, Camaro, and Cadillac right here in Salt Lake City, Utah. Since the addition of Pfadt power products to our extensive suspension line, sales have increased exponentially, which put us into a perpetual backorder. We have spent the past 4 months meeting with investors and venture capitalists trying to secure financing to push Pfadt to the next level and unfortunately the deals to be made were not in our company’s or employee’s best interest. Without a large investment we do not have the resources to meet the demand, which leaves us with no other option but closing our doors.

We would like to thank all of our employees who put their hearts and minds into this business to make it what it is today. We would like to thank our dealers who expertly installed our parts and helped us build our product line with their professional insight. Finally we would like to thank you, our customers. You helped us build a grassroots performance company in the United States. You pushed us to make bolder and better products year after year. You created the Pfadt Family - and that’s what we will miss the most.

We hope this is a minor speed bump on the long road ahead. Much like GM has experienced in the past, we are also experiencing a setback, but we will reorganize and resurface, faster and more streamlined than ever. We have taken care of all of our customers in this deal - you will receive a tracking number for your product or a full refund - and we are sorry for the delays, time lost and backorders many of you experienced. You were all so patient and understanding as we grew, and once again it’s a tribute to how solid the GM community is. We did everything in our power to take care of you and we appreciate the years you allowed us to be a part of your journey. It’s been an amazing ride.

Sincerely,

Aaron Pfadt
PfadtRacing is offline   Reply With Quote
Old 02-25-2014, 03:26 PM   #2
m3incorp
 
Drives: Buying 2014 Stingray
Join Date: Jan 2014
Location: Colorado
Posts: 28
Sorry to hear Aaron, look forward to you resurfacing in the future.
m3incorp is offline   Reply With Quote
Old 03-01-2014, 11:58 PM   #3
C7Driver
 
C7Driver's Avatar
 
Drives: 2014 Z51 Lime Rock Green
Join Date: Jan 2014
Location: New England
Posts: 130
Good luck. Hope to read that you're back in business soon.
C7Driver is offline   Reply With Quote
Old 03-02-2014, 01:48 PM   #4
Steven Bell
 
Steven Bell's Avatar
 
Drives: 2014 Chevrolet Corvette Stingray
Join Date: Oct 2013
Location: Kansas City, MO
Posts: 149
Wow, sorry to hear this.....
Steven Bell is offline   Reply With Quote
Old 03-05-2014, 09:33 PM   #5
Corvette7Tuning
 
Drives: 2014 corvette stingray
Join Date: Sep 2013
Location: New York
Posts: 163
This is so unfortunate. Pfadt was great to deal with and made awesome Corvette Parts. I love my Pfadt sway bars
__________________
2014 Corvette Stingray Parts & Accessories
Lowest Prices & Free Shipping!

www.Corvette7Tuning.com
Corvette7Tuning is offline   Reply With Quote
 
Reply

Tags
pfadt

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 02:47 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.