Out of business as of a couple of days ago.

Yea man--took their stuff off my site a few days ago. Can still get it from other sources until it runs out.

Ooops. Jason needs a new supplier.

I wonder if SMA is going to have a fire sale, I need a tire carrier!

Did they do the post toastie BK or the rebirth version?

There are already companies that can fill the demand--they just need to watch their quality control.

The only thing SMA really produced was the billet--the rest was packaged, or subcontracted heavily.

I have been buying the rest of the stuff they offered direct---like SC's, shocks, lift kits, brakes, power mods. They just marked it up and passed it on to their dealers who passed it on to their customers.

Ok, that sucks, I was getting ready to order up an SMA brush guard for the H2. Anyone know who made this for SMA?

I think Kacyk has one he may be looking to get rid of...

These guys may have one left hummerhub.com

Go with Phil's!

That seems very surprising. SMA was pretty well known in the Hummer scene.

Actually they filed Chapter 11 and will stay in business. According to my AZ source.

Still - crappy news.

If you knew SMA management, you would not be surprised.

Too bad as I liked their products

Their name and patents are for sale, however to purchase them, you must purchase their debt as well, which is in the millions.

Where'd you come up with that info? Millions?

Fissed

straight from the mouths of their attorneys

I've archived some of their filing paperwork. Read up on it here:

http://yeefamily.us/sgyee/sma

-Steve

Where'd you come up with that info? Millions? </div></BLOCKQUOTE>

According to the filing paperwork, they owe between 1 million and 10 million in debt. Their assets are between that same amount.

Where'd you come up with that info? Millions? </div></BLOCKQUOTE>

According to the filing paperwork, they owe between 1 million and 10 million in debt. Their assets are between that same amount. </div></BLOCKQUOTE>I could easily see that... and higher for that matter. With plant and tooling plus normal debt, I would expect it to be well into the millions.

Where'd you come up with that info? Millions? </div></BLOCKQUOTE>

According to the filing paperwork, they owe between 1 million and 10 million in debt. Their assets are between that same amount. </div></BLOCKQUOTE>I could easily see that... and higher for that matter. With plant and tooling plus normal debt, I would expect it to be well into the millions. </div></BLOCKQUOTE>

Damn, that sucks!

Where'd you come up with that info? Millions? </div></BLOCKQUOTE>
According to the filing paperwork, they owe between 1 million and 10 million in debt. Their assets are between that same amount. </div></BLOCKQUOTE>Does that mean it's almost free?
Assets - Debt = Rox's Bling Supply LLC
I wish.
I hope someone can resurrect it soon.

Zeroes out for them, not for a buyer.

Apparently, their expenses greatly outweight their income.

I wonder if GM's woes affected their income stream at SMA.

Let's look at it from this view. Dana files Chapter 11. Delphi is hurting. Visteon is hurting. All of the downstream suppliers are getting hosed by the automakers.

Of course, GM would pay Delphi way before they would pay SMA. So SMA's stuck holding the bag for mounting debt while GM's making money on vehicles that contain the very tire carrier that SMA is making.

Looking into the crystal ball further - let's say (for fantasy's sake) that SMA had the exclusive contract for H2 and H3 accessories, and no one else did. If GM has enough parts inventory for about 6 months, what will they do from there?

Especially since SMA holds the patent on the H2's tire carrier and most of their variants. Anyone buying the rights to the tire carrier needs to (IIRC) assume the majority of debt as well.

So - GM may very well have screwed their own selves by shafting their downstream providers. People will only work on a debt basis for so long until they force GM to pay cash on the barrel head up front. And GM won't be able to shaft too many people much more....

Oh well. Back to no standard factory tire carrier...

I know a couple of people that deal with SMA from a manufacturing side and they are sueing SMA for non payment. They have a very bad reputation and it would not surprise me if GM is pulling the plug on SMA. Here is a letter from SMA attorney saying they filed Chapter 7.

SMA is NO Longer......

Dear Counsel,

Less than 10 minutes ago, I learned that KM2 Limited; SMA-Billet, LLC and SMA-Patents, LLC all filed voluntary Chapter 7 Bankruptcy petitions in the District of Arizona. Our firm has not been, and will not be, bankruptcy counsel for these entities. I believe they are represented by Mike Reynolds at Collins, May, Potenza, Baran & Gillespie.

I have not seen official notifications from the Bankruptcy Court on these filings, and trust that they will be sent to you and/or your clients in ordinary course. I have confirmed the filings on the internet, however.

I am sending this information to you as a courtesy “heads up” so that you are aware of the filings in determining how to proceed on behalf of your respective clients.

Chuck has a good gossip write up.

http://flashoffroad.com/features/gossip/gossip.htm

Yeah, but look at the chain.

GM to SMA to other suppliers.

GM doesn't pay SMA, SMA can't pay their suppliers. It's a total trickle down effect.

Because of this, SMA closes. Their suppliers (who are smaller than SMA) closes. When someone like GM hoses their cash flow management, everyone gets hit. The ripple effect really gets painful.

Funny because it's true.

Yeah, but look at the chain.

GM to SMA to other suppliers.

GM doesn't pay SMA, SMA can't pay their suppliers. It's a total trickle down effect.

Because of this, SMA closes. Their suppliers (who are smaller than SMA) closes. When someone like GM hoses their cash flow management, everyone gets hit. The ripple effect really gets painful. </div></BLOCKQUOTE>I very seriously doubt it's quite as simple as that. SMA was the first provider for our accessories and was "the official" GM provider. Then they got competition and GM licensed with a bunch of other people for different accessories.

I also doubt they would be filing chapter 7 if GM was very delinquint on payments to them. If there was a contract, and services provided, it really doesn't matter what GM's financial woes were. SMA would have filed to restructure their debt or something, not just shut everything down and go under because they would have been paid.

List of their tooling:

Mori Seiki MH-40
Horizontal Machining Center with full 4th axis

YCI FV102APC
Vertical Machining Center with pallet changer

3- YCI FV102A
Vertical Machining Center

2- YCI XV1020
Vertical Machining Center

YCI Rebel Max3
Vertical Machining Center

Okuma L1020 CNC Lathe with bar feeder

ACCUSHEAR
Rated Capacity: 1/4 Mild steel plate x 10 feet
Shearing Capacity: + .001" per foot of shear length
Back Gauge Travel: 36 inches
Programmable Back Gauges: Shear up to 8 different dimensions
Back Gauge Calibration
Adjustable Blade Clearance: From 22 GA to 1/4 "

DO ALL BAND SAWING MACHINES
Model: TF- 2025 NC
Cutting Capacity:
At 0 deg. tilt: 20" wide by 25" high for rectangular stock, 20" for round stock.
At 45 deg. tilt: 20" wide by 17" high for rectangular and round stock
At 60 deg. tilt: 20" wide by 11" high for rectangular and round stock
Cutting Accuracy: +/- .004"
Programming Features: able to program 9 separate jobs depending on length of material
Vise Travel: .050" to 40"
Head Angle: -60" to 60"+

MODEL C-330 NC
Cutting Capacity: 13 inches wide by 13 inches wide rectangular stock. It will also cut 13 inches round stock.
Vise travel: 5/8" inch to 160 inches with multiple vise travel.
Machine Controls: Hydraulic "stop" and "start", "saw operations", "job entry", machine s/o
Cutting Accuracy: +/- .004 per 24 inch index travel

MODEL C-916 SA
Cutting Capacity: designed to cut rectangular stock up to 9 inches high and 16 inches wide. It will also cut round stock up to 10 3/4 inches in diameter.
At 60 deg. : machine will cut rectangular tube and round stock up to 9 inches high and 7 inches wide.
Index Travel: Max 40 inches or 26.5 inches with multiple index movement.

CINCINNATI 90 TON BRAKE PRESS
Touch screen control panel
8' bed
24" retractable back gauges
Multiple tool staging and multiple step forming
Tool library storage
Multiple program storage
Tool Library: Cincinnati, Wilson, American & European

CNC AMADA 357 PEGA 30 TON TURRET PRESS
Punching capacity: 1/4" mild steel plate
Bed Size: 72" x 48"
Punching Accuracy: +/- .004
Amadan-04 PC Controller: able to do panel edits and create simple or complex programs
58 Turret Station
Tooling size:
1/2" - 36 stations
1-1/4" - 14 stations
2" - 4 stations
3 1/2" - 2 stations
4 1/2" - 2 stations
"G" a auto index station 1 1/4"

MILL EX-CELL-O
Machine will perform various job duties. Example: Milling, drilling, coping with precision. Various speed setting, display for X, Y, and Z coordinates.

LAGUNA MILL
Machine will also perform various job duties, ex. Milling, drilling and coping with various speed settings. Display for X, Y, and Z coordinates.

DAKE COLD SAW
Blade Size: 13 #/4"
3 cutting speeds
Cutting Capacity: 3" x 3" x 20" Sq or Rect.
Tubing and 3" Round tubing
Material: Mild steel, aluminum, etc.

TUBE BENDER
Model: Cineco
Machine will bend 1/2" to 2" .125 wall round tubing. Able to program 9 jobs with 9 different degree settings. Bending tolerance is +/- half degree of set dim.

TUBE ROLLER
Model: Eagle B.P.R Curvatrici
Machine and roll tubing from 1" to 2" .125 wall x 20' round tubing
Forming Accuracy: +/- half degree
Controllable Speed forming, foot pedal will form forward or reverse.

MANUAL LATHE
Model: South Bend
Lathe will perform precision drilling and material removal with various types of cutting tools. Different sizes of solid round stock from 1/2" to 4" in diameter.

9" LINCOLN 255 MIG WELDER
Machine features: Voltage control setting, wire speed control. Able to run .035" and .045" solid steel wire, also has machine setting different thickness of material.

1 LINCOLN WATER COOLED TIG WELDER
Machine feature: voltage control, water temp display, amp control
Welding features: Alum and Stainless material only.

1 GENESIS ROBOTIC WELDER
Machine features: Has two work tables that rotate. Welder will hold two sub-weldment fixtures. Various weld settings and angles, key pad controller to create or calibrate welding dimensions and zero welding nozzle.

DRILL FIXTURE
Drill Capability: Able to drill two 1" holes and four 1/2" holes simultaneously
Material Size: 2" x 4" x .125" wall @ 40.55. Drill has adjustable pins to drill four tops simultaneously, one 1/2" hole per part, also 2" x 4" x .125 wall rect. tubing

AMADA TOOL SHARPENER
Designed to sharpen punches and dies from sizes 1/2" to 4 1/2"
Adjustable Grinding Head: .001" to .100"
Adjustable vise.

JET SAW
Adjustable Vises
Cutting Capacity: 10" horizontal saw
Adjustable cutting speeds
ON/OFF coolant knob

DO-ALL BELT SANDERS
Quantity: 4
Adjustable Grinding Platform: -45 deg. to 20 deg.
Power ON/OFF buttons
Capable of grinding various shapes and sizes of material

I know someone who needs to see that list. Thanx P!

BTW, I couldn't get the links to open on Beastmasters post above.