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New Management Team Has Big Impact on Paxton Automotive Sales

28 May 1998

New Management Team Has Big Impact on Paxton Automotive Sales

    CAMARILLO, Calif., May 27 -- Just three months since the
acquisition of Paxton Automotive Corporation, the new management team of J.R.
Granatelli and David Adams, Jr. have doubled the company's sales.
    Granatelli and Adams purchased the automotive portion of Paxton Products,
Inc., January 1, 1998 with the intent of expanding Paxton's line of high
performance centrifugal superchargers and high-pressure, high-volume
electronic fuel systems for light trucks and passenger cars.  Granatelli had
served as national sales manager and vice president of Paxton Products since
1992; Adams came to the firm with a strong track record in financial
management.
    Granatelli credits the increased sales with dealer excitement over
Paxton's new down-sized Novi 2000 supercharger.  "The Novi is one of the most
advanced superchargers on the market today," said Granatelli.  "It operates
quieter and more efficiently while providing greater gains of power and torque
than its competitors."
    Predicting a surge in the use of superchargers, Granatelli noted that with
the efficiency of today's engines, supercharging is the best way to increase
horsepower.  "One market segment that's ripe for development is the light
truck owner," said Granatelli.  "Supercharging provides the on-demand power
drivers who tow really need."
    All Paxton Automotive products designed for street use comply with
California Air Resources Board (CARB) regulations, are 50-state legal and
designed to interface with the automakers' current On-Board Diagnostic
(OBD II) computers.
    "With products like the Novi 2000, J.R. and I were confident Paxton would
be on the leading edge of aftermarket technology for years to come," Adams
said.  "The first quarter figures indicate our confidence was well placed."