Corona, CA - In a deal several months in the making, today Alloy USA and Precision Gear have announced an operations merger to put both the respective company's products in Alloy USA's Corona, CA and Precision Gear's Taylor, MI warehouses. The arrangement will provide additional reach for both company's brands into the drive-train market place while adding efficiencies in operations.
"We are excited about working with the unique strengths of the Alloy USA team to further increase Precision Gear's market share and customer service." said Tom Reider, President and CEO of Precision Gear.
"In today's market place, it's important to align a company with strategic partners that share the same values for quality products, outstanding customer service, and a reputation that exceeds expectations every day. Precision Gear fills that need for Alloy USA." added Ron Stobaugh, President of Alloy USA.
The new arrangement is effective immediately with management teams for both companies transitioning to take advantage of the stronger attributes of the combined effort. Within 30 days the aftermarket distribution and retail channels will start to see results of the deal with increased product line depth and distribution logistic efficiencies coming together. After the transition period, it is Tom Reider's intention to retire from the aftermarket gearing business and Ron Stobaugh will assume the reigns for both entities.
Alloy USA, Inc. is a company that manufactures, markets, and sells performance axle and drive components for theaftermarket auto, truck and sport utility vehicle market segments. They have over 20 years of experience designing, testing, racing and installing drive component equipment for the aftermarket industry. Alloy USA, Inc. can be reached on the web at www.alloyusa.com.
Precision Gear is a 20 year-old, full line axle component distributor of 28 major product lines, including their own ring and pinion gear sets and high performance limited slip differentials. Precision Gear can be reached on the web at www.precisiongear.com.