ITASCA, IL — Midas has sold Huth, Inc., the company’s pipe bender operation located in Hartford, Wis., to Hartford Benders, Inc., a newly formed company owned by current Huth plant manager Joseph Becker and Tom Hechimovich, owner of Hechimovich Machining, Inc., of Hartford.
The company produces Huth Benders, used in muffler installation shops to bend exhaust pipes to meet specific exhaust system applications. Midas acquired Huth in 1966.
“We are pleased to sell the Huth operation to a dedicated 34-year veteran of Midas’ manufacturing activities,” said Alan Feldman, Midas’ president and CEO. “Joe Becker is extremely knowledgeable about the Huth product line and is very well respected in the exhaust industry.”
The sale of Huth is part of Midas’ announced plan to exit the exhaust manufacturing business. Midas also operates a muffler manufacturing plant in Hartford that eventually will close. The company said it is still in discussions to reach an agreement with a supplier for an alternate source of exhaust products for Midas shops.
The Huth manufacturing facility, which currently employs 13, is located adjacent to the muffler plant in Hartford.
_______________________________________
Click here to view the rest of today’s headlines.