KANSAS CITY, Mo. — Weld Racing L.L.C. has acquired Forgestar Performance Wheels, a producer of one-piece flow-formed wheels, in a move Weld said will strengthen both brands' position in the custom, tuner and boutique aftermarket wheel market.
Weld Racing President and CEO Norm Young noted that both Weld and Forgestar have a "great reputation among enthusiasts and racers on the street and on the track. The two brands will complement each other in numerous ways such as design, engineering and manufacturing."
Financial terms of the deal were not disclosed.
Forgestar will retain its Anaheim, Calif., location and continue to produce wheels using its rotary-forged flow-forming technology, a process it describes as bridging the gap between forged and cast wheels.
Vincent Wong, vice president of Weld's Lifestyle Business Unit, called Weld Racing the "ideal partner" for Forgeline due to its engineering and production resources.