SEMA Provides Update on Bonneville Restoration Efforts

The Specialty Equipment Market Association (SEMA) provided an update on the racing community’s repairs to the Salduro Loop dike as part of joint efforts to restore the Bonneville Salt Flats. Recent restoration efforts repaired two large breaches to the dike so that no salt brine pumped onto Bonneville during the winter months will inadvertently flow… Continue reading SEMA Provides Update on Bonneville Restoration Efforts

Turn 14 Distribution Adds Dynojet to Line Card

Performance parts distributor Turn 14 Distribution has added Dynojet, a manufacturer of a wide range of products for motorcycle and powersports applications, to its line card, the company announced. “Dynojet is a leading manufacturer of tuning/monitoring devices, fuel controllers, carburetor jet kits, quick shifters, and high-performance clutches for most Powersports applications. The Dynojet catalog offers… Continue reading Turn 14 Distribution Adds Dynojet to Line Card

Matt Jones Purchases Controlling Stake in Art Morrison Enterprises

Matt Jones, who joined Art Morrison Enterprises (AME) in 2005, has purchased a controlling interest in AME, the company announced. According to the company, Jones was hand-selected by Art Morrison to purchase the controlling interest in AME. Over his nearly 20-year tenure, Matt has worked closely with company founder Art Morrison and the late Craig… Continue reading Matt Jones Purchases Controlling Stake in Art Morrison Enterprises

Torqued Distribution Opens Detroit Warehouse & Sales Office

Torqued Distribution has officially opened its all-new Detroit warehouse and National Sales office, the company announced. Headquartered in San Francisco, California, Torqued began by importing hard to find racing and performance brands from England and Europe. The first brand imported was Tillett Racing Seats, the company said. Today, Torqued maintains the U.S. Sole Distributor status… Continue reading Torqued Distribution Opens Detroit Warehouse & Sales Office

BorgWarner Acquires EV Charger Supplier

BorgWarner has acquired Rhombus Energy Solutions, the company announced. Headquartered in San Diego, California, Rhombus offers V2G and Underwriters Laboratory-certified charging. Rhombus supplies its patented technology to EV OEMs, including Proterra, and charging and grid service providers, the company said. The transaction has a value of up to $185 million, which is being funded primarily… Continue reading BorgWarner Acquires EV Charger Supplier

Valvoline Sells Products Business to Aramco

Valvoline Inc.

Valvoline has reached an agreement with Aramco to sell its global products business for $2.65 billion in cash, the company announced. “The sale of Global Products will represent the successful outcome of our strategy to unlock the full, long-term value of our strong but differentiated Retail Services and Global Products businesses,” said Sam Mitchell, Valvoline… Continue reading Valvoline Sells Products Business to Aramco