Jackson, Michigan-based Melling has acquired Preferred Components Inc., an aftermarket timing systems supplier.
“PCI is a perfect acquisition for Melling, bringing with it additional skills, knowledge and resources to strengthen our timing line,” said Mark Melling, CEO.
Preferred Components Inc. (PCI), based in the Seattle area, will continue to operate in its current location as a separate division of Melling Tool Co.
“After 26 years I have decided to retire and couldn’t be more confident and thrilled with the acquisition by Melling Tool Co.,” said Mike Rose, president of Preferred Components Inc. “We have developed what we feel is the best quality timing line in the aftermarket. Knowing that Melling Tool Co. will continue business as usual, with our same highly dedicated team, should ease customer’s minds. To everyone who supported our efforts over the years, I want to say thank you. It has been a sincere pleasure working with all of you.”
Laura Short, vice president of aftermarket sales for Melling, added: “The Melling sales group is thrilled to add the PCI timing line to complement our Mell-Gear brand and provide our customers additional options under the Melling umbrella.”