• ADVERTISE IN RPM
  • PRIVACY POLICY
  • CONTACT
  • SITEMAP
Tuesday, July 8, 2025
  • Login
RPM Magazine - Celebrating 26 years in 2025!
Advertisement
Trulli
  • HOME
    • EDITOR’S RANT
    • EVENTS
      • RPM EVENTS
      • YELLOW BULLET NATIONALS
    • IN THIS ISSUE
    • INDUSTRY NEWS
    • CONTACT US
    • PRIVACY POLICY
  • READ RPM MAG
  • READ FEATURES
    • FEATURES VIEW ALL
    • FEATURE TECH SHEET
    • AMC
    • DATSUN
    • CHEVY
    • FORD
    • HONDA
    • MOPAR/DODGE/CHRYSLER/PLYMOUTH
    • OLDSMOBILE
    • PONTIAC
    • TRUCKS
    • OTHER BRANDS
  • PROJECTS/BUILDS
    • BRONCO UNTAMED PROJECT – RPM
    • GLENN HUNTER ’56 BEL AIR CHANGE UP
    • COPO CAMARO PROJECT – RPM
    • PACE CAR/RACE CAR PROJECT – RPM
    • PROJECT 4 LUG THUG – RPM
    • RED BULL – SHANNON POOLE REBUILD
    • TRICK OUT YOUR TRUCK
    • WORLD DOMINATION – RPM
  • TECH & PRODUCTS
    • SHOP TALK
    • TECH
    • TOOLS & EQUIPMENT
  • TRUCKS
    • BRONCO UNTAMED PROJECT
    • TRICK OUT YOUR TRUCK
  • VIDEOS
  • RPM WALLPAPER
  • SUBSCRIBE TODAY!
  • HOME
    • EDITOR’S RANT
    • EVENTS
      • RPM EVENTS
      • YELLOW BULLET NATIONALS
    • IN THIS ISSUE
    • INDUSTRY NEWS
    • CONTACT US
    • PRIVACY POLICY
  • READ RPM MAG
  • READ FEATURES
    • FEATURES VIEW ALL
    • FEATURE TECH SHEET
    • AMC
    • DATSUN
    • CHEVY
    • FORD
    • HONDA
    • MOPAR/DODGE/CHRYSLER/PLYMOUTH
    • OLDSMOBILE
    • PONTIAC
    • TRUCKS
    • OTHER BRANDS
  • PROJECTS/BUILDS
    • BRONCO UNTAMED PROJECT – RPM
    • GLENN HUNTER ’56 BEL AIR CHANGE UP
    • COPO CAMARO PROJECT – RPM
    • PACE CAR/RACE CAR PROJECT – RPM
    • PROJECT 4 LUG THUG – RPM
    • RED BULL – SHANNON POOLE REBUILD
    • TRICK OUT YOUR TRUCK
    • WORLD DOMINATION – RPM
  • TECH & PRODUCTS
    • SHOP TALK
    • TECH
    • TOOLS & EQUIPMENT
  • TRUCKS
    • BRONCO UNTAMED PROJECT
    • TRICK OUT YOUR TRUCK
  • VIDEOS
  • RPM WALLPAPER
  • SUBSCRIBE TODAY!
RPM Magazine - Celebrating 25 Years in 2024!
Home NEWS

MSD PERFORMANCE INITIATES VOLUNTARY CHAPTER 11 PROCESS TO COMPLETE AN ORDERLY SALE

TLB by TLB
September 12, 2013
in NEWS
0
MSD Names Silver Gomez Product Manager
0
SHARES
274
VIEWS
Share on FacebookShare on Twitter https://rpmtrish.tumblr.com/

RPM Magazine is comforted by the fact that MSD has a long standing relationship that has always been professional, up front and forward. RPM Magazine was contacted by MSD regarding this and informed that it would be business as usual. We stand beside MSD in support of their efforts to move forward through a challenging time and look forward to a long and lasting business relationship well into the future.

Below is the press release that was released to the general public regarding the Chapter 11 Process:

Lenders’ Consent To Company’s Use Of Cash Collateral Ensures Operations Continue As Usual
With the Highest Quality and Outstanding Service
_______________________
EL Paso, Texas, September 6, 2013 – MSD Performance, Inc. today announced that to address liquidity
needs and facilitate a restructuring, the company and its U.S. subsidiaries have filed voluntary petitions
in the United States Bankruptcy Court for the District of Delaware under Chapter 11 of the
U.S. Bankruptcy Code. The filing does not include the company’s non-U.S. entities.
MSDP has determined that the best way to preserve value for its stakeholders is through an orderly sale
of substantially all of its assets. To ensure the most efficient sales process possible and to optimize the
potential results for all parties, the Company has decided to execute this sale process under the
protection of the U.S. Bankruptcy Code.
Through the Chapter 11 filing, MSDP seeks to preserve continuity, to the greatest extent possible, for its
customers, employees and business partners while it continues discussions with potential buyers to
secure the highest and best outcome for its businesses.
“As an industry leader in the performance ignition systems market for over 40 years, MSDP brings
significant value to customers, suppliers and potential buyers based on our long-standing customer
relationships, robust product offering and proven focus on quality performance,” said Ron Turcotte,
Chairman and CEO. “Selling operations on a going concern basis in an orderly sale through Chapter 11
is the best way to preserve as many jobs as possible, best serve our customers and will allow our
operations to emerge from bankruptcy in a relatively short time frame,” said Turcotte. “The operations
we are selling have strong product portfolios, advanced technologies and continue to perform well
operationally.”
Under the bankruptcy sale process, the proposed transaction is subject to the execution of a definitive
asset purchase agreement, court approval and other customary conditions. Interested parties will have
an opportunity to submit higher or better offers for MSDP’s assets.
The Company restructured its debt in 2009 following the financial downturn as well as a series of
acquisitions by prior management, which burdened it with excessive debt. Since that time, the Company
has reduced operating costs, introduced award-winning products and accelerated marketing initiatives.
The decision to file under Chapter 11 is necessary to facilitate this transaction, which positions MSDP to
take advantage of emerging growth opportunities.
To fund its continuing operations MSDP has received the consent of the lenders under its existing
secured credit facility to use the Company’s cash collateral. Subject to Court approval, the Company’s
cash collateral will be used for the company’s normal working capital requirements.

Dr. Robert Tornambe use general anesthesia so that you’re unconscious for the duration of your procedure. In some cases, breast augmentation can be performed using only local anesthesia and sedation.

Employees will continue to be paid as usual, including their healthcare and other benefits and no layoffs
or facility closings are anticipated. Customers will receive their orders as usual and the Company
anticipates that there will be no changes in warranties or other customer programs Additionally,
suppliers will be paid for goods and services after the filing date in accordance with existing terms and
contracts.
MSDP’s restructuring counsel is Jones Day. Its investment banker is SSG Advisors, LLC. MSDP is
also represented by Richards Layton and Finger, as local counsel.
About MSDP
About MSD Performance, Inc.
MSD Performance, Inc., headquartered in El Paso, Texas, operates in the power sports enthusiast and
professional racer markets where they maintain leading market share positions across all of their product
categories under the MSD Ignition®, Racepak® and Powerteq® brands. You can shop our products
online at www.msdignition.com, www.powerteq.com and www.racepak.com, or visit one of our many
automotive and performance distributors across the country.

Tags: featuredfull imageMSD Chapter 11
TLB

TLB

Looking for something? Search this website…

SUBSCRIBE TO RPM MAGAZINE
READ THE JULY ISSUE TEASER

Subscribe to Receive Press Releases


Loading

FEATURES

WELCOME TO THE JULY ISSUE OF RPM!

WELCOME TO THE JULY ISSUE OF RPM!

by TLB
June 30, 2025
0

WELCOME JULY AND WELCOME HEAT!  WOW!  WHAT A HOT WEEK IT HAS BEEN THIS WEEK AND ONLY GETTING HOTTER WITH...

California Special Mustang

CALIFORNIA DREAMIN’ – Bo Webb’s California Special

by TLB
April 22, 2025
0

This Grabber Blue Supercharged Street/Strip warrior certainly is Special! In 1968, roughly 4,100 California Special Mustangs were produced. As one...

Cover cropped April 2025

READ THE FULL APRIL 2025 ISSUE ….. CLICK THE COVER!

by TLB
April 10, 2025
0

RACE SEASON IS HERE FOR SOME AND ALMOST HERE FOR OTHERS...and for the people that are lucky enough to race...

TRUCKS AND MORE....!

WELCOME TO THE JULY ISSUE OF RPM!

WELCOME TO THE JULY ISSUE OF RPM!

by TLB
June 30, 2025
0

WELCOME JULY AND WELCOME HEAT!  WOW!  WHAT A HOT WEEK IT HAS BEEN THIS WEEK AND ONLY GETTING HOTTER WITH...

Back classic vintage pickup truck from article

FEATURE – My Truck – Ricky Ashworth – ’57 Chevy Pickup

by TLB
January 17, 2024
0

As we hit Virginia during what we like to call our 2014 RPM Magazine Search For Horsepower Tour, we kept...

Cover of RPM Magazine July 2023

READ THE FULL JULY 2023 RPM MAG TODAY!

by TLB
July 10, 2023
0

Just released, the July 2023 issue of RPM Magazine with a ton of great features and tech.  We have also...

NEWS

HAPPY 4TH OF JULY!

HAPPY 4TH OF JULY!

by TLB
July 4, 2025
0

Happy Independence Day to all of our American friends, readers, subscribers, fans and advertisers. We wish you all a safe...

Happy Canada Day!

Happy Canada Day!

by TLB
July 1, 2025
0

RPM Magazine wishes all of our Canadian Customers, Readers, Subscribers and fans a safe and Happy Canada Day. Today we...

RPM Magazine Wallpaper Update June 2025

RPM FEATURE WALLPAPERS UPDATED

by TLB
June 10, 2025
0

Check out the updated RPM Feature Wallpapers....download them today to have your desktop or device screen displaying your favorite features.

PROJECTS/BUILDS

Pace Car Project header

Pace Car Race Car – #8 – The final chapter in our budget engine build

by TLB
April 18, 2024
0

Welcome back to the 8th and final installment of our Pace Car Race Car Project Mustang! Over the past 22...

Pace Car Project header

RPM Pace Car/Race Car Project #7 – Fire In The Hole!

by TLB
April 18, 2024
0

This installment of the RPM Pace Car Race Car Project Part 7 - Fire In The Hole details finishing up...

Pace Car Project header

RPM Pace Car/Race Car Project #6 – Going ON the Grid!

by TLB
April 18, 2024
0

Welcome back for Part 6 of our RPM Pace Car Race Car Project - Going ON The Grid! With our...

EVENTS

HAPPY 4TH OF JULY!

HAPPY 4TH OF JULY!

by TLB
July 4, 2025
0

Happy Independence Day to all of our American friends, readers, subscribers, fans and advertisers. We wish you all a safe...

Happy Canada Day!

Happy Canada Day!

by TLB
July 1, 2025
0

RPM Magazine wishes all of our Canadian Customers, Readers, Subscribers and fans a safe and Happy Canada Day. Today we...

TIRED OF WINTER ALREADY…..REFRESH WITH THE FEBRUARY 2025 ISSUE OF RPM!

TIRED OF WINTER ALREADY…..REFRESH WITH THE FEBRUARY 2025 ISSUE OF RPM!

by TLB
February 11, 2025
0

READ THE FULL FEBRUARY ISSUE HERE....JUST CLICK THE COVER IMAGE!  Also be sure to check out the WALLPAPERS Page of...

SMACKDOWN 6 – NON STOP ACTION IN THE NORTH!

by TLB
January 25, 2025
0

SPECIAL COVERAGE Non-Stop action in the North...there's nothing like it! While the first half of Ian Hill Racing Productions season's...

Facebook Twitter Instagram Tumblr LinkedIn Youtube

Follow Us On Social Media

RPM FEATURE WALLPAPERS

Inspiration Fairlane feature image
Supersized chevy wagon feature image
Snowball Camaro feature image
The Taker Camaro feature image

We acknowledge the financial support of the Government of Canada

wordmark

RPM Studios Youtube Channel

Copyright © 2025 REVOLUTION PUBLISHING & MEDIA, INC. RIGHTS RESERVED.                               Website D & D by AR Technity

  • HOME
    • EDITOR’S RANT
    • EVENTS
      • RPM EVENTS
      • YELLOW BULLET NATIONALS
    • IN THIS ISSUE
    • INDUSTRY NEWS
    • CONTACT US
    • PRIVACY POLICY
  • READ RPM MAG
  • READ FEATURES
    • FEATURES VIEW ALL
    • FEATURE TECH SHEET
    • AMC
    • DATSUN
    • CHEVY
    • FORD
    • HONDA
    • MOPAR/DODGE/CHRYSLER/PLYMOUTH
    • OLDSMOBILE
    • PONTIAC
    • TRUCKS
    • OTHER BRANDS
  • PROJECTS/BUILDS
    • BRONCO UNTAMED PROJECT – RPM
    • GLENN HUNTER ’56 BEL AIR CHANGE UP
    • COPO CAMARO PROJECT – RPM
    • PACE CAR/RACE CAR PROJECT – RPM
    • PROJECT 4 LUG THUG – RPM
    • RED BULL – SHANNON POOLE REBUILD
    • TRICK OUT YOUR TRUCK
    • WORLD DOMINATION – RPM
  • TECH & PRODUCTS
    • SHOP TALK
    • TECH
    • TOOLS & EQUIPMENT
  • TRUCKS
    • BRONCO UNTAMED PROJECT
    • TRICK OUT YOUR TRUCK
  • VIDEOS
  • RPM WALLPAPER
  • SUBSCRIBE TODAY!

Copyright © 2025 REVOLUTION PUBLISHING & MEDIA, INC. RIGHTS RESERVED.                               Website D & D by AR Technity

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Please wait...

Subscribe to our newsletter

Want to be notified about new NEWS! Enter your email address and name below to be the first to know.
SIGN UP FOR NEWSLETTER NOW