MURFREESBORO, Tenn. (Jan. 6, 2014) — Wheel weight maker Perfect Equipment Inc. has changed its operating name to Wegmann automotive USA Inc., effective Jan. 1.
Though Perfect Equipment's operating name has been updated, the Perfect Equipment brand name, which celebrates its 75th anniversary in 2014, will remain unchanged.
Wegmann said the Perfect Equipment brand offers a comprehensive range of wheel weight solutions, including traditional, non-lead, knock-on and adhesive options.
The company noted the adoption of its new North American operating name is a reflection of its parent company, Germany's Wegmann automotive GmbH & Co. K.G., which purchased Perfect Equipment in 2005.
The naming evolution "helps galvanize the Wegmann automotive global platform and provides consistency to markets worldwide," the company said.
"Our top priority is to bring superior value to our customers," said Jeff Waechter, president and CEO of Wegmann automotive.
"By continuing to deliver market leading products under our Perfect Equipment and Hofmann Power Weight brand names, and by providing best-in-class service using our Wegmann automotive global network of teams, we feel we have set the stage to offer our customers the best value in the industry."
How have tire prices been in the last few months?
|They've gone up 1-5%||
|They've increased 6-10%||
|They've stayed flat||
|They've gone down between 1 and 5%||
|They've gone down 6-10%||
|They've dropped more than 10%||