SEDALIA, Colo., Dec. 2 /PRNewswire/ -- Hopkins Manufacturing Corporation
has acquired the assets of Master Concepts, Inc. -- the
market-leading supplier of auxiliary braking systems for the RV market,
Hopkins announced today.
Sedalia, Col.-based Master Concepts is the designer, developer and
manufacturer of the patented BrakeBuddy(R), the innovative auxiliary braking
system for the RV motorhome market. BrakeBuddy(R) leads the market as the
easiest to use supplementary braking system for towed vehicles. The system
takes the dead weight of the towed vehicle off of the motorhome, so the
motorhome's brakes do not become overheated, causing brake fade or brake
failure. BrakeBuddy(R) also meets the state-by-state regulations that require
supplemental brakes on towed vehicles.
"We are very excited to see BrakeBuddy(R) join the Hopkins family," said
Bradley T. Kraft, president and chief executive officer of Hopkins. "This
acquisition clearly reflects Hopkins' continued commitment to the Towing
segment and increases our participation in the exciting RV market.
"Master Concepts has done an excellent job of bringing RV owners the most
advanced technology available in an easy-to-use manner," Kraft continued.
"Users of the BrakeBuddy(R) enjoy the knowledge that they are ensuring
themselves of towing safety and compliance with the increasingly strict
enforcement of towing laws across most U.S. states and Canada."
Master Concepts was founded in 1996 by Dan Decker, Sr. and Dan Decker, Jr.
Decker, Jr., the company's president, said, "Along with my partner and CFO,
Alec Brock, we have worked to develop BrakeBuddy(R) into the #1 RV tow brake
with the most recognizable brand name in the industry. We've accomplished this
by focusing on technology and ease of use for the RV'er. We foresee more
growth as safety concerns surrounding braking performance continue to increase
among RV owners who are towing vehicles. By aligning with Hopkins, we can
accelerate this growth and the introduction of additional new products to our
Hopkins said the BrakeBuddy(R) will fit with its existing line of trailer
braking products and other towing accessories, providing an excellent platform
to serve the RV market.
Hopkins is a leading designer, manufacturer and marketer of innovative
consumer products for the RV and automotive aftermarkets, as well as of
service products for automobile dealers, repair shops and safety inspection
facilities. Built on a philosophy that its products will reflect an Image of
Difference(R), the company is celebrating its 50th anniversary this year.
Harbour Group, the parent of Hopkins, is a privately owned company based
in St. Louis, Mo. Harbour Group and its operating companies are engaged in the
manufacture and distribution of a wide variety of consumer and industrial
products, including automotive enthusiast products, entertainment products,
automotive aftermarket accessories, hearth and chimney products, high pressure
cleaning equipment, auxiliary plastic processing equipment, textile machinery,
pre-engineered building components, heat exchange equipment and products used
by the home maintenance industry.
For further information, see www.hopkinsmfg.com ,
www.brakebuddy.com , or www.harbourgroup.com .
SOURCE Harbour Group