Certified Parts Corporation (CPC), the Janesville, Wis.-based company that purchased TecumsehPower Feb. 9, 2009, acquired certain assets of Hoffco/Comet in an auction Dec. 17.

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 intends to maintain a complete line of replacement parts and is very confident that it will be able to manufacture complete finished product in the near future. Comet was in business for 60 years, making clutches for some of the world’s best known manufacturers.

“It’s a huge marriage between the Tecumseh engine and the Comet torque converter, which is a variable-speed transmission,” said Jim Grafft, President and CEO of CPC. “They also made a gear box that we are excited about.”

CPC hopes to start shipping in January 2010. “We have talked to many of the main vendors, and they are excited that someone has taken over and they are looking forward to shipping us new parts,” added Grafft.

Any company that had back orders with Hoffco/Comet, can email their inquiries or orders to CPC at cpc@certifiedpartscorp.com or fax them to (608) 752-3528.