Borowski Wins Race Engine Builder of the Year
How Ken and Joe McCaul Reinvigorated Rockdale, IL’s Borowski Race Engines When opportunity knocks, you answer the door. At least if you’re Ken and Joe McCaul you do, and you’re glad that you did. Joe and Ken are a father and son team who purchased Borowski Race Engines in Rockdale, IL, a suburb of Joliet,
Patterson Elite Builds LS Factory Showdown Champions
NHRA Factory Showdown pits 2008 and newer Camaros, Mustangs and Challengers that meet the COPO, Cobra Jet and Drag Pak designations against each other. Patterson Elite builds some of the best.
Dyne Systems Introduces a Portable Chassis Dynamometer
Dyne Systems, a division of Taylor Dynamometer, has announced the launch of its new, portable, AC Chassis Dynamometer, the TD-24-AC-T. This fully-contained, mobile system is specifically designed for testing over-the-highway trucks.
NASCAR Acquires ARCA in Effort to Grow US Stock Car Racing
In a move designed to strengthen a relationship that dates back more than 60 years, NASCAR has announced the acquisition of the Automobile Racing Club of America (ARCA).
Tenneco Signs $5.4B Agreement to Purchase Federal-Mogul
Tenneco has signed a definitive agreement to acquire Federal-Mogul, a leading global supplier to OEMs and the aftermarket for a total consideration of $5.4 billion to be funded through cash, Tenneco equity and assumption of debt.
IPD Names New President
Industrial Parts Depot, an aftermarket provider of engine components for heavy-duty diesel and natural gas powered engines, has named Michael J. Badar as IPD’s new president.
Hastings Manufacturing Merges with Piston Rings Komarov
Hastings Manufacturing Company and Piston Rings Komarov, two leading designers and manufacturers of piston rings for the OEM and Aftermarket channels, have announced their merger.
Hot Rodders of Tomorrow Announces Jr. Dragster Series
Hot Rodders of Tomorrow has announced the addition of the Hot Rodders of Tomorrow Junior Dragster Series. In 2017, Hot Rodders will partner with Protect the Harvest Midwest Jr. Super Series, which is run by Dave Beimfohr, and is currently scheduled to have nine events next year.
IAC Group Names Robert ‘Steve’ Miller President, CEO and Director
International Automotive Components (IAC) Group announced that Robert “Steve” Miller will join IAC on July 20 as president, CEO and director, effective Aug. 7. He succeeds James Kamsickas, who has resigned as president, CEO and director, effective Aug. 6.
MSDP Group to Merge Mallory and MSD
MSDP Group LLC, a global leader in aftermarket performance vehicle ignition and tuning technology, has announced the decision to merge two leading companies in performance automotive ignition — MSD and Mallory — by the end of the first fiscal quarter of 2015. The two brands bring together more than a century of innovation and expertise.
Enerpulse Technologies and Green Bridge Technologies Join Forces
Enerpulse Technologies has announced that it has signed an exclusive Alternative Fuel Vehicle Distributor Agreement with Green Bridge Technologies LLC. Under the terms of the agreement, the exclusivity covers the mobile alternative fuel market, which includes CNG, LPG, LNG and E85 for a period of five years in the North America and Caribbean markets.
Schumann’s Puts Wet Sump Oil Pump Program Up for Sale
Verne Schumann has been around racing since the mid-‘50s. He knows a thing or two about the industry and so does his business, Schumann’s Sales & Service, Inc., an engine parts supplier located in Blue Grass, IA, which Verne founded in 1970. Now, nearly 45 years later, Verne and his wife are beginning to ponder
Beck/Arnley Celebrates 100 Year Anniversary
Having reached the milestone of their 100th year in business, Beck/Arnley has marked the historic event with a variety of celebrations and materials celebrating their first century. “We are very proud that Beck/Arnley still carries on the strong business traditions established by Irving Beck in 1914,” said Sandy Norris, director of marketing. “We have adapted
Tom Marx to Present Buying/Selling a Small Business at Upcoming PERA Webinar
The one hour session is designed for small and midsized company owners, especially those who are thinking of selling and need information on the right way to prepare and follow through to successfully value their business. “Our research has found that 70 percent of all small and midsized businesses never sell after they are
GRAND-AM, American Le Mans Series Announce Class Structure For Unified Series
Underscoring the cooperative spirit of the merger agreement they signed last September, GRAND-AM Road Racing and the American Le Mans Seriespresented by Tequila Patron have unveiled the initial concept for the organizations’ unified competition class structure, which will debut in January 2014 at the 52nd running of the Rolex 24 At Daytona. The lineup –
The Buck Stops Here
When companies don’t get the bottom-line results they want, it’s usually not their competition, the economy, or their people. Its’ usually the leader who has gotten stuck in their old ways of doing business and not willing to try new ideas or change. Start At The Top Company owners are 100% responsible for everything in
SuperFlow Technologies To Merge With Dynamic Test Systems
“We are very excited to offer DTS dynamometers along with our existing SuperFlow dynos," said Scott Giles, CEO of SuperFlow. “We have always had a high level of respect for their designs and equipment and we’re expecting great things moving forward." Steve Matthiesen, vice president of sales and marketing explained the vision for the merger,
Berkshire Hathaway to Acquire Lubrizol
Berkshire Hathaway Inc. and The Lubrizol Corp.have announced a definitive agreement for Berkshire Hathaway to acquire100 percent of outstanding Lubrizol shares for $135 per share in anall-cash transaction. The transaction, which was unanimously approvedby the board of directors of each company, is valued at approximately$9.7 billion, including approximately $0.7 billion in net debt, makingit one
Larry W. McCurdy, Affinia Chairman, Passes Away at Age 75
Larry W. McCurdy, Chairman of the Board of Affinia Group Inc. sincethe company’s inception in 2004, has died at the age of 75. McCurdy wasa highly respected leader within the aftermarket for many years, havingheld executive positions with several of the industry’s best knowncompanies. “Larry was a true leader in every sense of the word,”
Racing News: Champ Car/IRL Deal Nears Finish
According to recent reports, the proposed merger between Champ Car and the Indy Racing League could become official as soon as Friday morning with a press conference at Indianapolis Motor Speedway. One of the sticking points of the 12-year split is conflicting races in Japan and Long Beach held the same weekend, April 18-20. The