1-800EveryRim OEM Wheels announced it has acquired 60-YEAR-OLD company Capital Wheels & Auto Salvage.
Since 1955 Capital Original Wheels of Gardena, CA had been a factory wheel dealer delivering into Los Angeles County, Orange County, Riverside County, and San Bernardino County. Starting as an auto salvage yard, OEM chrome wheels became a specialty and were shipped all over the U.S. and Canada.
“This is fantastic for Capital customers because of the impeccable service that my old friend Billy’s company has always provided,” said Norman Huniu of Capital Factory Original Wheels. “I have worked hard running the family business since 1982 and it has gone into the right hands. I plan on playing, traveling, and vacationing with my beautiful wife Julie along with family and friends. But, the first thing I am going to do is grab a beach chair, an umbrella and a large iced green tea and watch the waves crash on the beach.”
1-800EveryRim’s president Billy added, “This is not like Carnegie steel selling out to J.P Morgan, but for us in the specialized world of used and reconditioned OEM wheels, it is huge – or at least for us it is! The best thing about this deal is that we have added more stock wheel pros to our staff, making a total of 24 great people. Maybe it will be 25 if my pal Norm gets bored with retirement!”
More on companies whose assets we have acquired in whole or in part: About 1-800EveryRim OEM Wheels