Cloyes Gear and Products, Inc. Announces the Acquisition of Dynagear® Inc.'s Timing Component Business
Paris, Arkansas, USA, December 19, 2002: Cloyes Gear & Products Inc. announces that it has acquired the assets of Dynagear Inc.’s timing component business.
Headquartered in Paris, AR, Cloyes Gear is an OEM and aftermarket manufacturer of automotive engine timing components and related products. Dynagear Timing is based in Downers Grove, IL and is an aftermarket manufacturer of automotive timing components. Dynagear Timing filed for bankruptcy protection in April of 2002.
Cloyes Gear & Products, Inc. is an 80-year-old company with manufacturing facilities in Arkansas, Oklahoma and Germany. Focused on one product line, Cloyes is the industry leader in supplying the aftermarket with timing components for passenger cars, light and heavy-duty trucks, industrial and agricultural applications. Cloyes is also world renown for their High Performance timing products, which have been used by racers for decades.
Cloyes customers are serviced out of their Fort Smith, AR Distribution Center, which consistently fills orders in the 95-97% range and has an average turnaround time of one day on 90% of all orders received. Additionally, Cloyes customers have access to the largest offering of timing components in the aftermarket, particularly later model applications.
Cloyes personnel will be contacting Dynagear Timing customers to review transition issues and procedures. For more information, contact Cloyes customer service at (479) 963-2105.