Advanced Clean Air Technologies Global (ACAT), manufacturers of lightweight catalytic converter substrates, has made a significant investment in Oliver Racing Parts, the Grand Rapids, Mich.-based manufacturer of high-performance connecting rods.
The first phase of ACAT’s investment has cleaned up Oliver’s balance sheet, eliminating all debt. A second phase of investment will include equipment upgrades and adding key personnel to the company, according to ACAT CEO Joseph A. Moch.
“Oliver Racing Parts complements ACAT nicely,” said Moch. “Both companies are dedicated to manufacturing well-engineered, high-quality performance products for original equipment and aftermarket use, and both are made in the U.S.A. It’s a great fit.”
“ACAT’s investment will keep our company moving forward,” said Bruce Baldwin, Oliver’s founder. “This enables us to build up inventories and ensure product availability, our product line will expand to cover the growing market for premium high-performance connecting rods, and Oliver will have the resources to solidify our position as one of the world’s best connecting rod manufacturers.
The second phase of ACAT’s investment is expected to occur over the next six to twelve months, bringing machinery and new equipment upgrades to convert Oliver’s operation into a state-of-the-art manufacturing facility. Plans also call for Oliver to hire four to eight additional full-time employees and expand the company’s product line of high-performance connecting rods.
Oliver Racing Parts, which celebrates its 30th anniversary in 2013, manufactures connecting rods made from aircraft-quality steel for motorsports applications. Oliver Racing Parts feature the exclusive Parabolic Beam™ connecting rods, which offer the highest strength-to-weight ratio of any connecting rod on the market and deliver consistent performance in a wide variety of racing applications, from late models, offshore boats, Baja, Bonneville land speed racing, monster trucks, sprint cars and more.
About Oliver Racing Parts
Oliver Racing Parts, founded in 1983 and headquartered in Grand Rapids, Mich., is an American manufacturer of connecting rods for motorsports applications. Oliver Racing Parts, which celebrates its 30th anniversary in 2013, manufactures connecting rods, machined by American craftsmen using American Mill-Certified aircraft-quality steel. Oliver Racing Parts feature the exclusive Parabolic Beam™ connecting rods, which offer the highest strength-to-weight ratio of any connecting rod on the market and deliver consistent performance in a wide variety of racing applications, including Late Models on Dirt and Asphalt, 410 Sprints, 360 Sprints, Modifieds, Drag Racing, Offshore, Truck Pulling, Tractor Pulling, Monster Trucks, Baja Off-Road Racing, Land Speed Racing at the Bonneville Salt Flats and more. For more information, visit www.oliverconnectingrods.com
January 14th, 2013
In today's AMN Executive Interview, we hear from Joseph A. Moch, CEO of ACAT Global. ACAT was established in 2010 when CEO Joseph A. Moch and ACAT Global Counsel Joseph W. Moch purchased the technology and manufacturing assets of Delphi’s catalytic converter division. Delphi had invested $500 million over 20 years to develop its substrate technology, and now ACAT Global is bringing that technology to the marketplace.
READ THE FULL ARTICLE HERE!
December 12th, 2012
Former AMA champion rider and owner brings years of expertise with motorcycle and powersports exhaust systems
Champion motorcycle racer and owner Kevin Erion has teamed with ACAT Global to provide product development, sales and marketing for the company’s line of lightweight and efficient catalytic converter products to the motorcycle and powersports industries.
“No one can match the success Kevin Erion and Erion Racing have had in road racing and his experience will be invaluable to ACAT,” said Joseph A. Moch, CEO of ACAT Global. “He also designs and markets his own line of high performance motorcycle exhaust systems, which makes him a natural choice to represent our high performance technology to the motorcycle and powersports industries.”
In his new role, Erion will utilize his powersports expertise to work with manufacturers and exhaust system makers to create solutions for their emissions control problems. He will engage original equipment manufacturers as well as aftermarket exhaust system builders on ACAT’s behalf.
Erion became the most successful independent team owner in the American Motorcyclist Association (AMA) paddock while overseeing Erion Racing (http://www.erionracing.com/ ). After winning two AMA national titles as a rider in the late 1980s, Erion won more national titles as a team owner than anyone in AMA road racing history, including seven Formula Xtreme Championships between 1997 and 2008.
He also won two SuperTeams Championships in 1994 and 1996 and back-to-back AMA 600 Supersport crowns in 1999 and 2000.
“I am very excited to be a part of ACAT Global at a time in the powersports industry when size, weight and performance have so much value,” said Erion. “I see this new technology a natural fit for both original equipment and aftermarket exhaust systems. With all the performance and environmental benefits the ACAT Global catalytic converter has to offer, I believe that eventually every motorcycle and product produced in the powersports industry will have an ACAT converter.”
Erion will perform his duties for ACAT in addition to running the day-to-day operations of his 19-year old business, which provides premier products and services for motorcycle sport bike enthusiasts. He also runs a small leasing company specializing in Class A trucks for the motorcycle industry.
Kevin enjoys traveling with his wife and three daughters in the family’s recreational vehicle. He also restores motorcycles, with his current project being a 1969 Triumph Bonneville.
Media Contact: Dan Smith, PCGCampbell (424) 903-3654 or firstname.lastname@example.org