Hoffco / Comet, assets aquired Options

[dooman]

found this today while looking for some Comet parts




Certified Parts Corporation acquires certain assets of Hoffco/Comet Certified Parts Corporation (CPC), the Janesville, Wis.-based company that purchased TecumsehPower Feb. 9, 2009, acquired certain assets of Hoffco/Comet in an auction Dec. 17.

CPC purchased Hoffco/Comet’s intellectual property, dies, fixtures and tooling, as well as its entire existing parts inventory, shelf by shelf. Although the shelves were somewhat bare, CPC still bought a large quantity of parts. CPC intends to maintain a complete line of replacement parts and is very confident that it will be able to manufacture complete finished product in the near future. Comet was in business for 60 years, making clutches for some of the world’s best known manufacturers.

“It’s a huge marriage between the Tecumseh engine and the Comet torque converter, which is a variable-speed transmission,” said Jim Grafft, President and CEO of CPC. “They also made a gear box that we are excited about.”

CPC hopes to start shipping in January 2010. “We have talked to many of the main vendors, and they are excited that someone has taken over and they are looking forward to shipping us new parts,” added Grafft.

Any company that had back orders with Hoffco/Comet, can email their inquiries or orders to CPC at cpc@certifiedpartscorp.com or fax them to (608) 752-3528.


With your help we can get this great American company back up and running!

Thank you,
Certified Parts Corporation
1111 W. Racine Street
Janesville, WI 53545
1-800-356-0777
(608) 752-9441





from link: http://www.tecumsehpower.com/comet/index.html

[BillyG]

found this today while looking for some Comet parts




Certified Parts Corporation acquires certain assets of Hoffco/Comet Certified Parts Corporation (CPC), the Janesville, Wis.-based company that purchased TecumsehPower Feb. 9, 2009, acquired certain assets of Hoffco/Comet in an auction Dec. 17.

CPC purchased Hoffco/Comet’s intellectual property, dies, fixtures and tooling, as well as its entire existing parts inventory, shelf by shelf. Although the shelves were somewhat bare, CPC still bought a large quantity of parts. CPC intends to maintain a complete line of replacement parts and is very confident that it will be able to manufacture complete finished product in the near future. Comet was in business for 60 years, making clutches for some of the world’s best known manufacturers.

“It’s a huge marriage between the Tecumseh engine and the Comet torque converter, which is a variable-speed transmission,” said Jim Grafft, President and CEO of CPC. “They also made a gear box that we are excited about.”

CPC hopes to start shipping in January 2010. “We have talked to many of the main vendors, and they are excited that someone has taken over and they are looking forward to shipping us new parts,” added Grafft.

Any company that had back orders with Hoffco/Comet, can email their inquiries or orders to CPC at cpc@certifiedpartscorp.com or fax them to (608) 752-3528.


With your help we can get this great American company back up and running!

Thank you,
Certified Parts Corporation
1111 W. Racine Street
Janesville, WI 53545
1-800-356-0777
(608) 752-9441





from link: http://www.tecumsehpower.com/comet/index.html

Yes apparently they are setting the whole thing back up just outside Janesville wisconsin and it's taking just a little longer than expected to complete the move and get it back up running, I was told there will be Comets for next season so don't worry they're not gone.