Standard Drivetrain LLC, acquires Precision Industries.
Standard Drivetrain, a prominent and fast-growing player in the emerging driveline performance aftermarket, proudly announces the successful acquisition of Precision Industries. Based in Whiteville, TN- Precision Industries is at the forefront of torque converter innovation and credited with introducing the multi-clutch performance torque converter, as well as the original one-piece billet back cover.
Founded by Terry Hedrick, Precision Industries has garnered a reputation for its revolutionary contributions to the torque converter industry. Precision Industries is synonymous with cutting-edge technology, and Vicky Hedrick expressed pride in passing the torch to Standard Drivetrain, ensuring that the brand continues its leadership in torque converter technology.
Standard Drivetrain eagerly anticipates uniting Precision Industries expertise and the ProTorque brand to strengthen its market position in the performance driveline industry. The acquisition brings together two powerhouses and establishes a force to be reckoned with in the rapidly evolving world of drivetrain technology.
Standard Drivetrain is led by Rob Boninfante and Chris Miller. The collective expertise and experience of key players Michael Cargill and Joe Rivera will drive innovation and further solidify Standard Drivetrain standing as an industry leader.
“With the acquisition of Precision Industries, Standard Drivetrain is poised to deliver on a new era of advancements. Precision Industries has exceptional manufacturing infrastructure and quality systems rarely seen in the aftermarket torque converter industry. The Whiteville, TN facility will allow the Standard Drivetrain family of companies to proudly grow its manufacturing capabilities here in the USA. The innovation and legacy of Precision Industries align perfectly with our vision for the future here at StandardDrivetrain,” said Miller and Boninfante.
Standard Drivetrain, LLC., is a holding company and joint venture incorporated in Wilmington, Delaware and is associated with with the following brands: Jase Composites, Pure Drivetrain Solutions, CMR (Chris Miller Racing) Productions, Sterling Auto Group, Boninfante Friction, ProTorque, Ultra Lite Brakes, BMF Engineering, and Kenny’s Diesel & Pullin’. Standard Drivetrain is focused on the advancement of technology and manufacturing for the aftermarket high performance automotive industry.
