Gasoline engine components
In 2007, the company's former gasoline engine and power train product lines, which is what the company had been most known for, were sold to Platinum Equity LLC, which does business as Tecumseh Power. Tecumseh engine products at one time were sold in over 120 countries. In December 2008, the company closed its engine manufacturing division.[2] TecumsehPower sold off its Peerless transmissions business to Husqvarna Outdoor Products.[2]
On February 10, 2009, Platinum Equity LLC announced that Tecumseh Power Company had sold certain assets of its engine business to Certified Parts Corporation. This included the sale of existing and unfinished engine parts inventory, tools to make finished product and certain intellectual property assets. Certified Parts Corporation also assumed responsibility for warranty of previous engine sales.[3]
In an interview published by The Janesville Gazette on February 10, 2009, Certified Parts Corporation President Jim Grafft said "that he plans to move the engine operation to Rock County, Wisconsin, where he owns three facilities in Janesville and one in Edgerton, and will initially supply parts for Tecumseh Power engines. Grafft also said that his company could eventually resume engine production, which Tecumseh Power ceased in December 2008".
