GReddy
Encyclopedia
is a Japanese automotive aftermarket company specialising in performance tuning parts for cars. The company is widely known for its subbrand of tuning parts GReddy and the turbochargers under this brand.
in 1977, The Trust company LTD has become a major player in automotive performance products. With popular brand names like GReddy, GREX, and GRacer, the Trust Company offers one of the widest varieties of performance automotive components. They are most well known for their complete cat-back exhaust systems with unique straight-through muffler design and bolt-on turbocharger kits.
Since 1994, the development and distribution of Trust Company products in the United States has been accomplished by GReddy Performance Products, based in Irvine, California
. Trust was unable to use its own name there as it was already copyrighted, therefore they became officially known as GReddy.
In August 2008 the TRUST Company in Japan consolidated their supply of GReddy products throughout Australia and New Zealand which has culminated in the establishment of GReddy Oceania based in Sydney Australia.
s, turbo kits
, cooling systems
, electronics and accessory lines for Japan
ese and American
cars.
Greddy is pronounced Gr-ed-ey, not G-Ready as many often do. The name originated from two words "GREAT" and "Eddy," as in a strong swirling wind current, referring to the strong swirling intake air of a turbocharger.
The GR in uppercase and the eddy in lowercase to show where the two words were combined. It also works well for the GReddy trademarked logo.
It wasn't until March 2009 that TRUST Co. LTD had successfully completed reorganization through Minji-saisei-hou.
The Trust Company
Founded in JapanJapan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
in 1977, The Trust company LTD has become a major player in automotive performance products. With popular brand names like GReddy, GREX, and GRacer, the Trust Company offers one of the widest varieties of performance automotive components. They are most well known for their complete cat-back exhaust systems with unique straight-through muffler design and bolt-on turbocharger kits.
Since 1994, the development and distribution of Trust Company products in the United States has been accomplished by GReddy Performance Products, based in Irvine, California
Irvine, California
Irvine is a suburban incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28, 1971, the city has a population of 212,375 as of the 2010 census. However, the California...
. Trust was unable to use its own name there as it was already copyrighted, therefore they became officially known as GReddy.
In August 2008 the TRUST Company in Japan consolidated their supply of GReddy products throughout Australia and New Zealand which has culminated in the establishment of GReddy Oceania based in Sydney Australia.
GReddy
The division that makes exhaust systemExhaust system
An exhaust system is usually tubing used to guide reaction exhaust gases away from a controlled combustion inside an engine or stove. The entire system conveys burnt gases from the engine and includes one or more exhaust pipes...
s, turbo kits
Turbocharger
A turbocharger, or turbo , from the Greek "τύρβη" is a centrifugal compressor powered by a turbine that is driven by an engine's exhaust gases. Its benefit lies with the compressor increasing the mass of air entering the engine , thereby resulting in greater performance...
, cooling systems
Engine cooling
Internal combustion engine cooling refers to the cooling of an internal combustion engine, typically using either air or a liquid.- Overview :...
, electronics and accessory lines for Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese and American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
cars.
Greddy is pronounced Gr-ed-ey, not G-Ready as many often do. The name originated from two words "GREAT" and "Eddy," as in a strong swirling wind current, referring to the strong swirling intake air of a turbocharger.
The GR in uppercase and the eddy in lowercase to show where the two words were combined. It also works well for the GReddy trademarked logo.
Bankruptcy/Reorganization (Minji-Saisei-Hou)
According to various reports, by 2008 TRUST was approximately $60 million in debt and, after reporting a serious decline in sales since February 2008 and amassing $43 million in loan payments, they filed for Minji-saisei-hou in Tokyo District Court on September 10, 2008, the U.S. equivalent of a Chapter 11 reorganization plan. The U.S. division was unaffected by the bankruptcy.It wasn't until March 2009 that TRUST Co. LTD had successfully completed reorganization through Minji-saisei-hou.