December 22 -- Certified Parts Corporation (CPC), the Janesville, Wis.-based company that purchased TecumsehPower on Feb. 10, acquired certain assets of Hoffco/Comet in an auction Dec. 17, according to Outdoor Power Equipment magazine.
CPC purchased Hoffco/Comet’s intellectual property, dies, fixtures and tooling, as well as its entire existing parts inventory, shelf by shelf. Although the shelves were somewhat bare, CPC still bought a large quantity of parts. CPC’s intention is to maintain the current supply of parts prior to the closing of Hoffco/Comet in October after 60 years in business.
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