There has a been a shift in the business of shifting, B&M Racing and Performance Products has acquired the legendary Hurst Shifters, formerly a division of Mr.Gasket Inc. The deal, which finalized on Wednesday January 17th, is rumored to have been in the works for over a year. FordMuscle has met with representatives from both companies, and they all expressed optimism over the deal. B&M, which also acquired McLeod last year, plans to announce some exciting product offerings under the Hurst brand in 2007.
Here is the official announcement:
January 17, 2007 – Chatsworth, CA – Nate Shelton, Chairman of the B&M Companies, announced the acquisition of the Hurst Shifter Division, a Mr.Gasket Inc. brand since 1987. Hurst is a leading manufacturer of performance and racing shifters for the manual and automatic transmission markets. Known as America’s Number 1 Shifter Company, Hurst has been an OEM supplier of performance shifters since the 1960’s, and in more recent years, has offered Hurst branded factory packages. Hurst also offers a wide range of shifter accessories and a rebuild program for early classics outfitted with original Hurst shifters. B&M Racing & Performance Products has been in the shifter business even longer than Hurst and it has an excellent understanding and reputation in the marketplace. B&M is in a perfect position to take good care of the Hurst brand and it’s legacy. Both Mr. Gasket and B&M are committed to making the transition of the Hurst brand to B&M as smooth, and seamless as possible, with minimal disruption to business. B&M Racing and Performance Products is headquartered in Chatsworth, California and has been a pioneer and leader in the racing and performance automatic transmission and shifter market since 1953. With the acquisition of the Hurst brand, B&M will be THE undisputed industry leader in the manual/automatic transmission shifters and accessory market. The impressive lineup of B&M Companies now includes B&M Racing and Performance Products, McLeod Industries and Hurst Performance Products, quite a dynamic group with over 125 years of automotive performance history!
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