Hastings Manufacturing Company - HGMG- Profile

Hastings Manufacturing Company. The Group's principal activity is to manufacture piston rings for automotive and light duty truck applications for the replacement market. Some of the Group's piston ring products are produced for original equipment applications. The Group distributes its replacement products through numerous auto parts jobbers and warehouse distributors in the U.S. and Canada. These products are also distributed nationally and internationally through numerous large-scale engine rebuilders and various retailer outlets. The Group has two principal competitors in the piston ring market. The Group uses registered trade names 'Hastings' and 'Flex-Vent' for marketing its products in United States and many foreign countries. The 'Casite' trademark, used by the Group in the past for its additive line, has been transferred to the joint venture for use in its operation. On 27-Mar-2003, the Group acquired Ertel Manufacturing Corporation of Canada Ltd and Syzygy Auto Distribution Inc. Manufactures piston rings for automotive and light duty truck applications for the replacement market in the U.S. and Canada