Specialty-grease manufacturer Aerospace Lubricants is now an
independent subsidiary of AMSOIL INC. and will continue serving
existing and new customers with a strong strategy for growth in
grease markets.
SUPERIOR, Wis. ,
July 1,
2024 /PRNewswire-PRWeb/ -- AMSOIL INC., a global
leader in synthetic lubricant technology, has acquired Columbus, Ohio-based Aerospace Lubricants.
Founded in 1973, Aerospace designs and manufactures a broad and
specialized array of greases for industrial manufacturing
operations and private-label customers in automotive, industrial,
military, aerospace and consumer markets. Aerospace Lubricants will
operate as an independent subsidiary of AMSOIL.
"By acquiring Aerospace Lubricants, we are acquiring a strong
new partner for grease formulation and production," said AMSOIL
Chairman & CEO Alan Amatuzio.
"We are going to invest in Aerospace to enhance the capabilities
and capacity of the operation. Our operational excellence combined
with their grease expertise will result in significant value added
for Aerospace and AMSOIL customers."
Aerospace will continue serving existing and new customers in
its target markets and will now be led by Dave Meyer, former AMSOIL Sr. VP, Industrial,
who will assume the role of Aerospace Lubricants President.
"Aerospace Lubricants will continue operating as Aerospace
Lubricants, an independent subsidiary of AMSOIL," said Meyer. "It
will not be rebranded as AMSOIL, but it will have the backing of
the AMSOIL team and resources to drive operational improvements
that will deliver significant benefits for Aerospace customers. I
am looking forward to working with the Aerospace team to grow the
business together."
AMSOIL and Aerospace are both family-owned companies with long
histories engineering innovative lubricant solutions. Both are
known for advanced formulations and a focus on developing quality,
specialized products that deliver the performance customers have
been promised and the satisfaction they deserve.
"This was a strategic choice on my part," said outgoing
Aerospace Lubricants owner Steve
Gates. "Aerospace is a family-owned company with a great
team and strong values. It was important to me to find new
ownership that would uphold our core values and amplify the
opportunities for the Aerospace team and our customers. AMSOIL is
the perfect choice. This is an exciting change for everyone
involved."
About AMSOIL
AMSOIL specializes in developing synthetic lubricants that offer
innovative answers to the greatest challenges vehicles and
equipment present. The extraordinary performance of AMSOIL
synthetic lubricants in a range of markets – automotive,
powersports, industrial, racing and more – has made our influence
in the industry unmistakable and our brand highly respected. Our
commitment to innovation has resulted in legions of brand-loyal
customers.
AMSOIL founder and industry pioneer Al
Amatuzio built his company on the same principles that
defined his career as a jet fighter squadron commander –
excellence, integrity and strong leadership. In 1972, the
breakthrough came. AMSOIL 10W-40 Synthetic Motor Oil, the result of
years of research and inspired by aerospace technology, became the
first synthetic motor oil in the world to meet American Petroleum
Institute service requirements. It outperformed conventional oils
on all counts, signaling a new age in lubrication science. Today,
virtually every other motor oil manufacturer has recognized the
superiority of synthetic lubricants and followed the AMSOIL lead
with introductions of synthetic motor oils of their own. Accept no
substitutes – AMSOIL is The First in Synthetics.®
About Aerospace Lubricants
Founded in 1973, Aerospace Lubricants specializes in manufacturing
high-performance lubricants for harsh environments. Aerospace
products are used in the defense systems that protect our country,
aircraft from all major manufacturers, spacecraft exploring new
worlds and in your vehicle's seats and antilock brakes. You'll find
Aerospace products on the NASCAR® circuit, in offshore race boats,
in dragsters and in motorcycles.
Media Contact
Terry Johnsen, AMSOIL INC.,
715-399-6416, tjohnsen@amsoil.com, www.AMSOIL.com
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SOURCE AMSOIL INC.