Torq Motorsports LLC
Jim Jackson (’12)
Launced in 2012
Number of Employees other than Owners: 3
Approximate Yearly Revenue: $25,001-$50,000
Company Overview: We design, engineer, and manufacture high performance axle assemblies for automotive racing.
Future Growth Plans: We are currently focused on the light truck aftermarket with expansion plans trending towards the power sport and defense markets.
Major Accomplishment: We won the Impact Award in the TechTitan category at the University of Utah in 2011. We hope to add more accolades as we set to launch November 2012.
Majority Business Owner and Westminster Alumni:
Ryan Schoenrock (’12)
Launched in 2008
Number of Employees other than Owners: 1 to 2
Approximate Yearly Revenue: $100,001-$500,000
Company Overview: Competition 4x4 is a manufacturer of 4x4 and motorcycle products. We provide businesses and end users with all the fabrication parts needed to complete their bumper, tire carrier, chassis, and motorcycle builds. We supply some of the largest 4x4 bumper and tire carrier manufacturing companies within the industry, including Aries Motorsports and Wilderness Racks.
Future Growth Plans: Competition 4x4 grew 177% in 2011 over the previous year and is on track to grow an additional 27% in 2012. We've added new high end equipment that is allowing us to expand our product line and manufacturing capabilities. In 2013 we'll expand our product offering further into the motorcycle parts industry.
Major Accomplishments: Because of the rapid growth and success of the firm, I was able to privately sell the company on October 15th, 2012 for an undisclosed amount.