Clearlake Capital-Backed Wheel Pros Acquires U.S. Manufacturing Facility From American Eagle 

Clearlake Capital-Backed Wheel Pros Acquires U.S. Manufacturing Facility From American Eagle 

The company plans to open its first U.S. manufacturing operation with a 220,000-square-foot facility in York County, South Carolina.

 

Wheel Pros, a designer, marketer and distributor of branded automotive aftermarket wheels, performance tires and accessories, today announced plans to establish new U.S. manufacturing and distribution operations. To establish its new U.S. footprint, Wheel Pros has purchased an existing 220,000-square-foot manufacturing facility, formerly owned by Eagle Alloys Inc./American Eagle Wheel Corp. in York County, South Carolina. Financial terms of the transaction were not disclosed.

The South Carolina facility will have the capacity to produce more than 750,000 wheels per year, and is expected to be operational in the first quarter of 2019. Founded in 1995, Wheel Pros currently serves more than 10,000 retailers with a global network of 33 distribution centers spanning North America and Australia. Wheel Pros has a portfolio of 12 proprietary brands with more than 300 custom wheel styles, including some of the most recognized designs in the industry.

“We are thrilled to bring automotive aftermarket wheel manufacturing to the United States,” said Jody Groce and Randy White, co-founders and co-CEOs of Wheel Pros. “With the backing of Clearlake, we’ve been able to execute on our strategy of driving growth both organically and inorganically. Our customers will benefit from being able to purchase the highest-quality, American-made aftermarket wheels through our global network of distribution centers.”

“Wheel Pros continues to exhibit its industry leadership by completing this investment to manufacture its products domestically,” said José Feliciano, co-founder and managing partner, and Colin Leonard, a partner at Clearlake. “With this investment, Wheel Pros will be able to provide its customers with innovative new styles rapidly and adapt to changing market dynamics. This acquisition illustrates how Clearlake partners with world-class management teams to deploy its O.P.S. approach and execute on a strategy of investing for growth.”

You May Also Like

Rotary’s New XA12 Alignment Scissor Lift

Shops can offer alignment services with bay space to spare, and techs can perform alignments on a wider range of vehicles.

Rotary, part of Vehicle Service Group (VSG) and Dover, today announced the addition of the new XA12 Alignment Scissor Lift to its extensive line of automotive lifts for independent shop owners, dealership service departments and car enthusiasts.

The XA12 serves as the ideal small bay alignment lift solution with the largest 4-wheel alignment wheelbase range available in its class. With a 78- to 164-inch 4-wheel alignment wheelbase range and 12,000-pound lifting capacity, the XA12 is designed with space and flexibility in mind. Shops can offer alignment services with bay space to spare, and technicians can perform alignments on a wider range of vehicles.

GRI Receives US DOT Certification For Safety

GRI tires will now incorporate the DOT code emboss on its side walls.

Mevotech Adds 2,300+ New Original Grade Part Numbers

Highlights from the new Original Grade release include control arms and ball joints.

TCCI Manufacturing Unveils High-Voltage Electric Compressor

The 850V compressor, unveiled at MACS 2023, is available in 34cc/46cc/60cc/120cc.

BBB Industries Releases 28 Remy New Part Numbers 

The new part numbers cover more than 9.3 million vehicles.

Other Posts

Dayco Launches Electrically Controlled Water Pump Line

The new technology addresses a higher-than-normal failure rate with the OE pumps.

Engine Pro Honors S.A. Gear with Performance Award

S.A. Gear was recognized with a Fulfillment and Accuracy Award during Engine Pro’s annual supplier meeting.

Driven Brands Rings Nasdaq Closing Bell

CEO Jonathan Fitzpatrick rang the Nasdaq closing bell on Jan. 13, in honor of the company’s 2-year listing anniversary.

Nokian Tyres Invests $174M To Double Dayton Factory Production

Nokian’s Dayton factory expansion includes a 600,000-tire warehouse.