Spring City, PA – May 11th, 2022 – The S&W Performance Group, a 63 year old world-renowned drag racing and performance street vehicle chassis and components manufacturer, has been acquired by an automotive enthusiast owned private investment firm.
The acquisition was the first of two major announcements made on Tuesday, by S&W’s President, Terri (Weney) Gdowik. “I have decided to step away from ownership and into retirement. It was a difficult decision, as I have devoted my life to our family business and thoroughly enjoyed piloting S&W into its sixth successful decade,” stated Terri. “A sincere thank you is extended to the customers, employees and business partners who have contributed to our success. I’m confident my father’s founding mission will continue to be achieved and his company will thrive well into the future, under the direction of two long-time business associates and personal friends; Ken Wible and Jay Lankford.”
S&W has been headquartered in Spring City, Pennsylvania since 1959 and it will remain rooted there. Your favorite experienced, knowledgeable and talented team members will also remain in place and continue to be at your disposal. In addition, both Mr. Wible and Mr. Lankford bring extensive corporate automotive industry experience to the table, creating a winning combination. Based on customer feedback, manufacturing equipment and process upgrades will become clear, resulting in increased efficiency and improved products. They will also continue to preserve existing and develop new vendor partnerships, which will keep the pipeline full.
“S&W is an iconic brand. During the transition, Jay and I will be working closely with Terri and our management team, to ensure we respect its heritage while building value,” said Ken. “Ongoing investments will be made, to provide our valued customers with premium quality products, unsurpassed service and industry leading technical support, long into the future.”
For additional information, please call Toll Free 1-800-532-3353 and/or visit S&W at www.swracecars.com
ABOUT S&W PERFORMANCE GROUP
Founded in 1959, S&W Performance Group is known worldwide as a leader in drag race chassis development and innovation. Their custom built, award winning race cars are campaigned by many leading NHRA & IHRA Professional, Nostalgia and Sportsman race teams. Their 27,000 sq ft. headquarters houses a full line of affordable chassis kits, roll bars and roll cages, suspension parts, rollers to complete race cars and much more. S&W Race Parts specialized bolt-on products are used by do-it-yourselfers and professionals around the world. S&W Rod Parts are designed for use in custom cars, pro street cars, street rods and rat rods. Specialized components are also produced for Off-Road trucks and RV’s. The commercial/industrial division, S&W Precision Specialties, is a full-service machine shop that offers 3D Printing, WaterJet cutting, MIG and TIG welding, sheet-metal forming; round and rectangular tube bending. For more information visit www.swracecars.com or call (800) 523-3353.
Pictured L to R: Ken Wible / Terri (Weney) Gdowik / Jay Lankford