July 1, 2014 by Bob Cowgill
Summary of my conversation with Paul Housey, former owner of Camelot Motors Corp.
I spoke with Paul Housey by phone on July 1, 2014.
Paul worked for Harry Shay in 1977 or 1978. He was hired by Harry Shay to design the molds for the Model A and the T-Bird.
He left Shay for other work.
He purchased the Shay assets in 1983 and formed his own company, Camelot Motors. His original facility was a building in Marshall, MI that he rented from the City of Marshall.
He later moved to an 86,000 SF facility in Quincy, MI. In that facility he ran 2 production lines, 1 for Model As and 1 for T-Birds.
Phaetons were made in the last 2 or 3 months of Camelots production. He estimates that less than 15 Phaetons were built by his company.
In 1985 Mr. Housey was working on an $18 million contract with Budget Rent-a-Car. He attended the Budget Rent-a-Car meeting in Maui, Hawaii to finalize the contract. When he returned home from that meeting he had a notice on his desk from his insurance company stating that his product liability insurance coverage would increase from $355,000 annually to $3 million. He could not purchase product liability insurance at a reasonable price so he was forced to go out of business.
If you also read the Shay History information on this site it gives some other information.