This market segment originally targeted the professional and amateur racing crowd, but over the years it expanded its appeal to motorists interested in improving the gas mileage, handling, and styling of their vehicles. Throughout its more than 30 years in business, Mr. Upon investigating the problem, the young man created the durable asbestos gasket that launched his company. When his non-compete contract expired inhe and some other Mr. To Hrudka's surprise, Grace offered to sell most of the faltering Mr. The verdict ordered Mr. Inafter being founded and run for the better part of three decades by Joseph F. Bankruptcy Code. Things went from bad to worse in the ensuing years, as fire struck a Mexican warehouse in and rival Rally Manufacturing Inc. Under the management of its new parent, Mr.
Building a name for himself and his company competing at Cleveland-area tracks Norwalk and Dragway 42, Hrudka quickly established Mr. Gasket as the go-to.
History of Mr. Gasket Inc. – FundingUniverse
Mr. Gasket. 23K likes.
Mr. Gasket is a legendary performance and restoration automotive brand serving engine sealing, appearance and other automotive. About.
Mr. Gasket The AAM Group™
Using his own '57 Chevy as a rolling test bed, drag racer Joe Hrudka launched the most famous gasket company in the world more than half a century.
Gasket's stock, maintaining the remaining 60 percent as his personal stake. This market segment originally targeted the professional and amateur racing crowd, but over the years it expanded its appeal to motorists interested in improving the gas mileage, handling, and styling of their vehicles.
Gasket organized a limited partnership called Performance Parts Co.
Gasket back to its founder. Gasket expatriates considered starting up a competing venture.
Video: Mr gasket co Installing Mr. Gasket Super Intake Gaskets Video - Pep Boys
Grace & Co. acquired Mr. Gasket in Dec.Hrudka realized $6 million from his initial $ investment. Bythe company relocated to .
Performance Car Parts Outlaw Speed Shop
Mr. Gasket started with Joe's '57 Chevy and has continued to advance and The Mr. Gasket brand develops and distributes a variety of performance parts for. Mr. Gasket makes all kinds of automotive gaskets, plus a wide selection of performance and dress up parts, and Summit Racing has all of.
Hrudka stayed with Mr.
Gasket's remaining products, and installed Bob Romanelli as president of the subsidiary.
Video: Mr gasket co Mr. Gasket Street Scoops
Gasket for five years after the sale, but left in It's all high-tech and electronics today, and you can't work under a hood in the do-it-yourself market. Gasket's lead lenders indicated that they would not extend the company's credit in order to pay the court award, the firm filed to reorganize under protection of Chapter 11 of the U.
Called "the epitome of the blue-collar hero" in a Cleveland Magazine profile, Hrudka had taken courses at Ohio's Bowling Green State University for a semester, then dropped out to drag race with his brother, Tom.
He funded the s-era investment program that followed with a offering of 40 percent of Mr.