WELD Completes Asset Purchase
of HiPer Technology
Kansas City, MO
(10/26/2015) - WELD has acquired the
assets of HiPer Technology, Inc., the largest
manufacturer of high performance “super structural”
carbon fiber wheels for all-terrain vehicle (ATV)
and side-by-side (UTV) vehicles based in Lawrence,
Kansas. Terms of the transaction were not disclosed.
“WELD is excited to add HiPer’s products to our
portfolio of premium performance lines. This strategic
acquisition brings new markets as well as cutting-edge
materials and processes to WELD,” said WELD president
and CEO Norm Young. “We were attracted to HiPer
due to its leadership in advanced carbon fiber
composite technology, and shared motorsports success
and history.”
Young says technology from HiPer will be integrated
into WELD wheels where it strategically fits.
“The HiPer brand is unique and well respected
by its customer base, and something that we will
keep intact. In addition, we have an aggressive
plan to provide the resources necessary to continue
to grow the brand.”
HiPer Technology has developed and manufactured
products using super structural carbon fiber composite
resins by employing proprietary molding techniques.
To date, the company’s activities have focused
on modular carbon fiber racing wheels for motor
sport vehicles through its primary consumer division,
HiPer Racing Wheels.
HiPer’s carbon fiber materials and processes
produce wheels that are significantly lighter
and more durable than the competition. HiPer wheels
have won championships in cross-country, motocross,
short course, and desert racing through weight
reduction and the ability to absorb impacts, making
them substantially more rugged.
HiPer Racing Wheels, primarily manufactured for
ATVs, and UTVs, are the lightest, toughest wheels
available in their market segment. More information
on HiPer products can be found at www.Hiper-Technology.com.
WELD manufactures the highest quality forged
race wheels for dirt, oval, off road and drag
racing, along with wheels for performance street
cars and trucks. Each WELD wheel is precision
engineered for maximum performance on the street,
off road and at the track. For more information
about WELD phone 800-788-9353 FREE or visit www.WELDwheels.com.
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