Despite what you read on the Internet, Pro-One Performance Mfg. Inc. has no intention of closing its doors, said company president Steve Seidner in a letter to the industry. On the contrary, the company is expanding its product line and recently broke into the UTV market, he said.
There is, however, going to be an auction. "The main thing we want to accomplish is to scale back our machine shop and the machining of parts in our facility," Seidner said. Pro-One will be holding an auction to clear out old machinery, fixtures, tooling, and office furniture, much of which will be replaced.
"Not much will change except more production of the raw machined parts will go to the independent machine shops we already do business with," Seidner said. Pro-One will continue to handle the polishing, chroming, assembly and packaging of its parts. The company plans to lease out the portion of its 68,000 sq. ft. building that housed the machine shop.
"We all know this market is down right now, so we're simply scaling back our manufacturing operation as many companies have already done," Seidner said. "We strongly believe this is the right move at the right time based on current market conditions."