Compiled by SEMA Editors
Borowski Race Engines Hires Heather Dorethy as Sales and Marketing Representative
Borowski Race Engines Inc. (BRE) has announced that Heather Dorethy has joined its team as a sales and marketing representative. She is an active drag racer raised in a family of drag racers. Her professional credits include sales and marketing roles with automotive aftermarket firms, most recently with Precision Turbo & Engine. She has also been a brand ambassador for such major sponsors of NHRA events as Mellow Yellow and MOPAR. Dorethy has been an active participant and panelist at numerous trade shows including SEMA, PRI and Race & Performance Expo. Her memberships include SEMA’s Businesswomen’s Network, CARCHIX Nation, International Women’s Motorsport Association, Chicagoland Mustang Club and FastHer.
Chicago Pneumatic Welcomes New Product Marketing Manager for Industrial Tools
Chicago Pneumatic has announced the addition of Paul Olsowske as product marketing manager at the company’s U.S. headquarters in Rock Hill, South Carolina. Olsowske will oversee the launch and promotion of tools in Chicago Pneumatic’s Industrial Tools segment in the United States and North American territory. Olsowske has an extensive background in industrial pumps, which he notes shares a segment of the same customer base as Chicago Pneumatic’s industrial tools.
(L–R): Jack Bordeau and Scott Shea of CRP Industries at 2019 Best Reman Business Innovation Award presentation with Adam Hill of ReMaTec.
CRP Industries Earns Best Reman Business Innovation Award for AAE Steering Systems brand at ReMaTec 2019
CRP Industries has earned the Best Reman Business Innovation Award from ReMaTec, a platform for remanufacturing and remanufacturing news. The award, which was given during the Remanufacturer of the Year Awards in June 2019, recognizes CRP Industries for its AAE Steering Systems Components brand, which features remanufactured electric power steering (EPS) systems components. The ceremony took place during ReMaTec 2019, held in Amsterdam, The Netherlands. The Best Reman Business Innovation award, one of three awards presented at the opening ceremonies, was judged by a panel of remanufacturing industry experts. CRP Industries was praised for its introduction of lean principles and semi-automation to its supply-chain management at its North Carolina manufacturing facility.
TI Automotive Achieves SEMA Data Co-Op Platinum Status
TI Automotive has achieved platinum status with the SEMA Data Co-Op (SDC)—“data central” for hundreds of specialty-parts brands, representing millions of part numbers and tens of millions of vehicle applications. To achieve platinum status, manufacturers must meet and exceed a range of data requirements and standards in every applicable field in the SDC scorecard. Platinum data provides nearly 60 PIES (product) fields and ACES (application and fitment) data, making it a complete set of information to build detailed product listings with descriptions, digital assets including images and videos, tariff codes and sales metrics. This data makes it easy for sellers to create informative product listings. Since its inception in 2012, the SDC has helped thousands of businesses share and communicate product detail quickly and efficiently. The industry-owned-and-operated data repository gives members access to tools that manage a product's weight, size and application, as well as its price, shipping and UPC codes. For more information, visit www.semadatacoop.org.
Vintage Planet LLC is now an official Superformance and Shelby Legendary Cars dealer.
Vintage Planet of Cookeville Becomes Official Superformance and Shelby Legendary Cars Dealer
Vintage Planet LLC is now an official Superformance and Shelby Legendary Cars dealer. Vintage Planet sells the full product lines, including the Cobra Mark III, FIA Cobra, Slabside Cobra, GT40, Cobra Daytona Coupe and GM licensed Corvette Grand Sport. All Shelby Legendary Cars and GT40s have a Shelby CSX serial number and are FIA vintage race eligible. The full line of Cobras and Daytona Coupes are available with handcrafted aluminum bodies. Vintage Planet’s showroom and service center are located at 3073 Poplar Grove Road, just off I-40 in Cookeville, Tennessee.
Auctus Advises MOVE Bumpers Through Buyout Transaction
Auctus Capital Partners has announced its role as exclusive advisor to MOVE Inc., which has been acquired by private investment firm BASE. The transaction was led by Auctus and its Managing Director William Allen. Since the company’s inception in 2013, MOVE has experienced exponential growth, developing an international customer base and a fabricator network, and has been named on the Inc. 5,000 list of the Top 500 fastest growing companies in America in 2017 and 2018. Terms of the acquisition were not disclosed.
Edelbrock Announces Cary Redman as New Vice President of Brand Sales
Edelbrock has announced that Cary Redman has been appointed vice president of Edelbrock brand sales. Redman will focus on guiding Edelbrock’s field sales team while expanding customer relationships. Redman will also manage the customer and tech service departments. Prior to Redman’s promotion, he served as Edelbrock’s national sales manager. Additionally, as part of Edelbrock’s evolution and need for channel focus, Steve Whipple will become vice president of Edelbrock foundry and private-label sales. He has served Edelbrock for 20 years.
Zan Starnes Martin Elected to Serve on Martin Methodist College Board of Trustees
Zan Martin, president and CEO of Martin & Company Advertising and Martin Methodist alumna, was elected in July to join the governing board of trustees for Martin Methodist College (MMC). The four-year college located in Pulaski, Tennessee, is related to and partially supported by the Tennessee Conference of the United Methodist Church and is accredited by the Southern Association of Colleges and Schools to provide both associate and baccalaureate degrees in addition to a masters of business administration degree. The college is named after Thomas Martin (not a relation), who served as president of the Nashville and Decatur Railroad and was a close friend of President James K. Polk. Martin attended MMC from 1977–1979, where she received her associates degree. As a member of the alumna association, she has been an avid supporter of the school’s activities and fundraising efforts and is currently assisting in marketing and PR efforts for the school’s sesquicentennial milestone set to take place in 2020. Martin is the founder and owner of Martin & Company, a full-service advertising agency specializing in the automotive aftermarket, and a former SEMA board member.
Capstone Financial Group Announces Three Simultaneous Transactions
Capstone Financial Group and its investment banking subsidiary Mobility Securities LLC recently completed a transaction in which Adell Group Inc.—a Texas-based automotive OEM supplier and portfolio company of Kinderhook Industries LLC—simultaneously acquired three vertically integrated manufacturers and distributors of trim products sold to auto manufacturers through the Original Equipment Service channel. The sellers were three separate entities: Powerflow Inc., of Buffalo, New York; Powerflow Products Ltd., of Toronto; and Solutions Plastik Inc., of Magog, Quebec. Capstone provided independent, in-depth financial analysis and accounting functions for the three entities in preparation for the deal.
Hennessey Performance Engineering recently broke ground on a new 15,000-sq.-ft. state-of-the-art factory.
Hennessey Expands Texas Factory to Keep Up With Demand
Hennessey Performance Engineering (HPE) recently broke ground on a new 15,000-sq.-ft. state-of-the-art factory to keep up with demand and for Venom F5 production. Additionally, the company’s Instagram account just surpassed 1 million followers. Increasing demand for powerful trucks and SUVs is also a driving factor in the growth of HPE. Last year, Hennessey built and delivered more than 500 vehicles to clients around the globe and more than 50 percent of these vehicles were trucks and sport/utility vehicles. The new space will allow the company to add a second chassis dyno as well as additional space for parts and production. The new facility will also have a dedicated work area for Venom F5 production. Hennessey expects to have the new expansion completed and functional in Q1 2020.
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