SALT LAKE CITY — Hi-Tech Engine Components has formed a venture with manufacturers that produce new and refurbished factory quality engines, cylinder heads and crankshafts. Under the terms of the venture, Hi-Tech has exclusive marketing and distribution rights in the automotive, truck and marine aftermarket.
The new venture, known as the Factory Engineering Group, will produce products at seven U.S. facilities and will distribute from 10 DCs located strategically across the U.S. The venture will operate administrative offices within Hi-Tech’s Salt Lake City facility.
According to Lonnie Mayne, Factory Engineering Group president, the program was designed around the needs of the professional installer.
“Hi-Tech now offers a total solution for the engine category, including import and domestic engines, cylinder heads, crankshafts, engine kits and a full line of component parts,” said Mayne. “Offering an honest factory quality engine was critical to our Hi-Tech branding strategy and more importantly it meets our customer’s needs. For too long, professional installers have risked their profit and reputation with low quality engines. I am confident that installers will welcome our no-risk program,”
Hi-Tech’s “no-risk” engine program includes a 42 month/100,000 mile nationwide warranty, free delivery and core pickup, no-risk core credit and optional no-fault warranty which includes rental car and towing coverage.
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