Mr. Gasket, a company which manufactures automobile accessories, was founded by Joseph F. Hrudka in 1965 to produce a new type of gasket he designed to withstand high temperatures. At the time, Hrudka and his brother Tom participated in the drag-racing circuit and hoped to make around $6,000 annually to fund their racing. By 1967 he sold $600,000 worth of gaskets and other auto parts and moved his operation from 4468 State Rd. to 4569 Spring Rd. With sales of $3 million and earnings of $375,000 in 1969, the company went public and Hrudka sold one-third of its equity for $2.7 million. When W. R. Grace & Co. acquired Mr. Gasket in Dec. 1971, Hrudka realized $6 million from his initial $5.00 investment. By 1972, the company relocated to 4566 Spring Rd., and by 1981, the company had 6 locations in the Brooklyn Hts. industrial park and employed 200 people in Cleveland, with another 300 working in plants in California and Mexico. However, when Mr. Gasket's business declined under Grace & Co.'s management, Hrudka bought it back for $4 million in Apr. 1981. He reinstated his former associates and acquired other auto-parts firms in order to boost annual sales and earnings.
Among the company's owned divisions are brand names MSD Performance, Nitrous Oxide Systems (NOS), Weiand, Flowtech, Earl's Performance Plumbing, Hooker Headers, Demon Carburetion, Racepak, Superchips, Diablosport, Edge Products, Accel Ignition, Quick Time, Hays Clutches, Mr. Gasket, Lakewood, and Mallory Ignition.
Subject ID: 5086
MoreMr. Gasket, a company which manufactures automobile accessories, was founded by Joseph F. Hrudka in 1965 to produce a new type of gasket he designed to withstand high temperatures. At the time, Hrudka and his brother Tom participated in the drag-racing circuit and hoped to make around $6,000 annually to fund their racing. By 1967 he sold $600,000 worth of gaskets and other auto parts and moved his operation from 4468 State Rd. to 4569 Spring Rd. With sales of $3 million and earnings of $375,000 in 1969, the company went public and Hrudka sold one-third of its equity for $2.7 million. When W. R. Grace & Co. acquired Mr. Gasket in Dec. 1971, Hrudka realized $6 million from his initial $5.00 investment. By 1972, the company relocated to 4566 Spring Rd., and by 1981, the company had 6 locations in the Brooklyn Hts. industrial park and employed 200 people in Cleveland, with another 300 working in plants in California and Mexico. However, when Mr. Gasket's business declined under Grace & Co.'s management, Hrudka bought it back for $4 million in Apr. 1981. He reinstated his former associates and acquired other auto-parts firms in order to boost annual sales and earnings.
Among the company's owned divisions are brand names MSD Performance, Nitrous Oxide Systems (NOS), Weiand, Flowtech, Earl's Performance Plumbing, Hooker Headers, Demon Carburetion, Racepak, Superchips, Diablosport, Edge Products, Accel Ignition, Quick Time, Hays Clutches, Mr. Gasket, Lakewood, and Mallory Ignition.
Subject ID: 5086
Subject ID: 5086
Originally Sold By Scale 18 Diecast As Item Number pm1
Originally Sold By Supercar Collectibles As Item Number PRM-01
This Listing Is For The Original Precision Miniatures 2002 -2003 Release Of This 1923 Ford Model T "Winged Expressl" Fuel Altered Roadster.
This Listing Is For The Original Precision Miniatures 2002 -2003 Release Of This Austin Bantam "Pure Hell" Fuel Altered Roadster.
An Earlier Version Of This Car Before It Was Known As The "Winged Express" Was Released In 1/18th Scale By Acme Collectibles Under Item Numbe A1800812 As A Limited Edition Release.
Additional Features Of This Precision Miniature Release:
Painted (No Decals) Graphics
Real Aluminum Firewall
Roll Bar Mounted Wing
Black Parachute With Pull Cord
Fully Detailed Interior Which Includes a Full Roll Bar, Racing Seat With Cloth Seat Belts And A Parachute Pull Handle
Fully Detailed Supercharged 392 Race Hemi Engine Which Includes Fuel Lines, Spark Plug Wires, A Real Rubber Blower Belt And Real Metal "Zoomie" Style Headers
Fully Detailed Chassis Which Includes Steerable Front Wheels, Working Suspension, A Real Aluminum Moon Fuel Tank And A Rear Chassis Mounted Dual Wheelie Bar Assembly With Rolling Wheels
Goodyear Blue Streak White Letter Racing Tires Front And rear
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