Acquisition brings together longtime industry partners and preserves legacy of NASCAR steering supplier Woodward Machine Corporation

CONCORD, N.C., Oct. 1, 2026 /PRNewswire/ -- Viking Mergers & Acquisitions recently represented the owner of Woodward Machine Corporation in its sale to Heintz Performance Inc., a motorsports and performance retailer headquartered in Concord, North Carolina.

Founded in 1978, Woodward Machine Corporation designs and custom-builds precision power steering racks, steering components, and suspension links exclusively for motorsports and racing applications. The company is the exclusive steering supplier to the NASCAR Cup Series and has supplied NASCAR-approved safety steering columns and quick-release hubs since 1995.

Woodward's highly customizable steering systems use the company's proprietary Woodward servovalve system, contain no original equipment manufacturer internals, and are manufactured entirely in-house.

"I am extremely proud of what Gloria and I have built over the years and, more importantly, of the people and customers who have been part of the Woodward Machine story," said Tony Woodward. " We are grateful for the many relationships we have developed throughout the racing and performance communities over the years."

The transaction builds on a 30-year relationship between Woodward Machine Corporation and Heintz Performance, two companies with longstanding ties to the motorsports and automotive aftermarket industries.

"Woodward Machine Corporation has built a strong reputation worldwide in the motorsports manufacturing industry," said Scott Heintz, owner of Heintz Performance Inc. "We are excited about the opportunity to continue the legacy that Tony and Gloria Woodward started so many years ago, while investing in the people, capabilities, and relationships that have made the company successful. Our goal is to build on what has already been established and position Woodward Machine for continued growth well into the future."

Woodward Machine Corporation will continue operations in Casper, Wyoming, under its new corporate name, WMC Manufacturing LLC. The business will benefit from Heintz Performance's industry experience and sales expertise while continuing to serve its established customer base and pursue opportunities for expanded capabilities and growth.

Heintz Performance will continue serving customers in the Concord and Charlotte region, with an expanded inventory and continued focus on customer service and product knowledge.

Jeff Edge, a senior advisor in Viking Mergers & Acquisitions' Charlotte office, represented the seller in the transaction.

About Viking Mergers and Acquisitions in Charlotte, North Carolina

Viking M&A in Charlotte supports business owners with annual revenues ranging from $2M to $250M. Viking offers complimentary business valuation services, ongoing valuation updates, and comprehensive exit planning and strategy for small and middle-market business owners.

One of the largest and most successful mergers and acquisitions firms in the United States, Viking is headquartered in Charlotte, North Carolina, and Tampa, Florida. The firm boasts 20 offices strategically positioned across the U.S., providing exceptional brokerage services as well as mergers & acquisitions advisory work. Over the past 30 years, Viking has successfully sold more than 950 businesses, achieving a closing ratio more than three times the industry average. Viking consistently maintains an impressive 85% closing rate, securing sellers an average of 96% of their asking price.

Visit https://www.vikingmergers.com/market/business-brokers-charlotte-nc/ to request a confidential, complimentary business valuation or for more information about selling or buying a business.

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SOURCE Viking Mergers & Acquisitions