ASC Industries, Inc. announced its purchase of the New Water Pump Division of the Canadian-based Mevotech Inc., effective June 1, 2007. ASC will be responsible for all activities related to supporting the current Mevotech customer base.
“We wanted to assure a seamless transition for our new water pump customers and felt that as a global leader in new water pump manufacturing, ASC Industries was best suited to ensure a successful change,” stated Bernard Lachance, executive vice president of Mevotech Inc.
Mevotech Inc. is a leading distributor of front end and front wheel drive components, sold under the Mevotech brand and several leading private label brands, across Canada, the United States and Mexico. ASC assumes the New Water Pump Division responsibilities only.
“We are very excited about this newest development in expanding our market presence in Canada,” added Ted Swaldo, president of ASC Industries. “This transaction is yet another step in growing our global presence as a leader in new water pump manufacturing.”
ASC Industries, Inc., a United Components, Inc., company, is a worldwide leader in new water pump manufacturing with facilities in the United States, China, Mexico and Spain. As the aftermarket’s largest New Water Pump supplier, ASC is the only aftermarket water pump company that manufactures a significant volume to OE/OES.
For additional information on Mevotech, visit www.mevotech.com.
For additional information on ASC Industries, visit www.asc-ind.com.
