 | More Info About Boyd Coddington and American Hot Rod
Conceived in 2001, and built in 2002-2003 by Boyd Coddington's Garage in La Habra, California, The Boydster III is designed around a '33 and '34 Ford. It has its roots in a long lineup of significant '33-based hot rods, including Vern Luce's '33 coupe, Jamie Musselman's Roadster and Larry Murray's Phantom Phaeton, which combines the bodies of a '33 roadster and a Tudor sedan.
The Boydster III is a stylish, full-fendered version of a classic rod with swept front fenders and a Coddington-designed stainless steel grille that echoes many of the signature Coddington cutting-edge designs, all atop a Pro-Ride Boyd Coddington chassis.
"In the Boydster III, we've reinvented the 21st Century hot rod," says Coddington. "We've married modern technology, design techniques, and state-of-the-art materials with the unmistakably elegant lines, raucous sounds, and dynamic flair of the great classic rods."
The Boydster III has been selected as the Goodguys' 2004 "Giveaway Car," to be awarded to a lucky Goodguys member at next year's Goodguys' event. This marks the second consecutive year that a Boyd Coddington design has been chosen by the hot rod community for this honor.
Also, on August 31 2003, Boyd Coddington will be the focus of "American Hot Rod," a Discovery Channel special that will showcase The Boydster III, as viewers will get an up-close, behind-the-scenes look at the building of this prototype vehicle. The show, set to air on August 31, 2003 at 10:00 p.m. (ET/PT) chronicles the creation, build, and launch of Boyd Coddington's Boydster III. The one-hour special will follow Boyd and his crew through each aspect of the prototype hot rod's build process, including the crafting of the classic rod from concept designs to its finished form at the recent Goodguys' event.
Boyd Coddington is an automotive industry legend, whose work embodies the American hot rod. From the small town of Rupert, Idaho, where he grew up on farm, Boyd Coddington moved to California, reinvented the hot rod in the sixties, and in just a few short years became a legend, building the finest and most celebrated hot rods in the world. From that, Boyd launched a wheel company that became a market leader in the billet wheel manufacturing industry.
The Boyd Coddington Companies produce the finest hot rods, frames, chassis, and accessories, as well as the highest quality wheels at the best value price on the market today. All Boyd Coddington hot rods and wheels are designed and manufactured at Boyd Coddington's Garage, in La Habra, California. With over 40 years of combined experience, the Coddington family has the highest commitment and dedication to the hot rod and wheel industries.
Boyds Wheels Chairman/CEO Boyd Coddington Resigns
Boyds Wheels Inc. Monday announced that founder Boyd Coddington has resigned as the company's chairman and chief executive officer.
November 4, 1997
STANTON, Calif - Boyds Wheels Inc. Monday announced that founder Boyd Coddington has resigned as the company's chairman and chief executive officer. Under a multiyear agreement, Coddington will serve as a design and marketing consultant and will remain a member of the board of directors.
"I view this change with great enthusiasm in the belief that it will enable me to better serve the company," said Coddington.
Current board member and former manufacturing executive Gardiner S. Dutton has been appointed interim chairman and chief executive officer.
"The board of directors and the management at Boyds are confident that we are building a team that can successfully refocus and streamline this company," said David Asher, Boyds Wheels president and chief operating officer. "We are fortunate to have the benefit of Gardiner's expertise in manufacturing and management, as well as Boyd's continued involvement with design, public relations and marketing."
Dutton's 30-year career in manufacturing includes senior-level executive positions with several publicly traded manufacturing companies. Most recently, from 1990 to 1995, Dutton served as president and chief executive officer of Bowmar Instruments Corp., a defense subcontractor, where he returned the company to profitability in just one year.
For 10 years prior to Bowmar, Dutton was chairman and chief executive officer of Inertial Dynamics Corp., now Ryobi Outdoor Products. Prior to that, he served as president of G & W Natural Resources Group, Coal Division, and previously was president of Ferro Union Corp. Dutton began his career with several positions in finance, mergers and acquisitions.
Founded in 1988, Boyds Wheels designs, manufactures and markets high-quality aluminum wheels and related products for the specialty automotive and motorcycle aftermarkets. The company's wholly-owned subsidiary, Hot Rods by Boyds, is a global leader in the design and manufacture of custom cars and hot rods for individual clientele
Boyd Coddington, legendary for crafting some of America's best known and most cutting edge street rods, will build the prototype Boydster III on camera as the subject of a one-hour Discovery Channel special called American Hot Rod.
The entire process like planning, frame fabrication, pre-assembly, body and paint, electrical and finish assembly, will be shown in detail throughout the show. Production will take place at Boyd Coddington's Garage in La Habra, California, beginning in May, and will be finished at the end of June. This means you can get your first look at the 6th annual Goodguys Nationals, held July 12th at the Ohio Expo in Columbus, Ohio. The car will then be given away at the 2004 Goodguys Nationals. Street Rodder Magazine was special access to snap a few shots of the earliest stages of the car's build-up, but by the time you read this, the car will be on it's way to street rod fame for sure. If you cant make it to the Goodguys event, check out the entire story behind the new Boydster III coming to The Discovery Channel in late August or early September.
Boyd Coddington
Boyd Coddington is a creator, a designer, and a visionary of incredible scope who has produced some of hot rod's most commendable, incredible, and derivable automotive artwork.
Vehicles designed and built by Hot Rods by Boyd contain the same quality that was displayed by the coachbuilders of the 1930's and 40's. Throughout the past 20 years, Coddington has created a trademark design consisting of smooth, seamless lines and extreme attention to detail.
Coddington's passion for hot rods not only propelled Hot Rods by Boyd to international acclaim with cars like the "ZZ Top rod CadZilla" and the $400,000 Aluma-Coupe, but also spurred the development of other hot rod-oriented business endeavors.
Boyds Wheels was the second company to open under the Coddington Companies umbrella in 1987, and today thousands of wheels are sold each year. Boyd's Steering Wheels and Boyd's Ultra Violet followed in 1991, and a line of performance clothing called Shop Rags entered in 1994.
After recording an unprecedented fifth win for the title of "America's Most Beautiful Roadster" for the DuPont "Smoothster" at the 46th Annual Grand National Roadster Show, Coddington is now considered the undisputed leader in the hot rod industry.
You have seen his custom hot rods on TV and in the headlines for years. You may even own one of his famous designs...as part of the Hot Wheels collection. The name Boyd Coddington is synonymous with the hottest custom street rods in the world. He has designed and built custom rods for wealthy enthusiasts such as ZZ Top and Michael Anthony of Van Haalen since his work was popularized in the 70's.
Boyd first encountered WyoTech five years ago on an AmeriCruise Tour. He was so impressed with the facilities, equipment, training, and students, that he has become a WyoTech advisory board member. Currently, boyd is donating his time, industry ties, and invaluable expertise to the WYO-ROD.
What is the WYO-ROD, you ask? A one-of-kind custom hot rod designed by Boyd Coddington, and built in cooperation with Boyd's shop and WyoTech students. Talk about QUALITY hands-on experience! Once the car is complete, it will tour with Boyd and be auctioned off to raise money for WyoTech student scholarships!
So far, Boyd has completed the custom design and conceptualization work for the WYO-ROD. The initial work on the chassis and frame will be donated by Boyd and his crew. For the other components, Boyd is using his ties to the industry to solicit donations. The finish work, paint, upholstery, wiring, engine, and transmission work will be completed by WyoTech students. We'll keep you posted on this one-of-a-kind project!
Stanton, Calif., - Boyds Wheels, Inc. and its wholly owned subsidiary, Hot Rods By Boyd, filed a joint plan of reorganization with the United States Bankruptcy Court late yesterday. According to the plan, Boyd Coddington, founder and namesake of the company, will return and serve in the capacity of Chief Executive Officer and Chairman of the Board of Directors.
Founded by Coddington in 1988, Boyds Wheels, Inc., designs, manufactures, and markets high quality aluminum and billet wheels and accessories for the specialty automotive and motorcycle aftermarkets. The company went public in 1995. Hot Rods By Boyd, founded in 1977, designs and builds custom vehicles. The companies share a collaborative marketing effort.
Although recognized for his name-inscribed line of billet and aluminum wheels, Coddington is internationally known for his automotive designs. Vehicles, such as the Aluma Coupe and Roadstar, among others, have been featured in the pages of automotive and general lifestyle magazines worldwide.
Coddington, who served as the CEO and President of the pre-bankruptcy Boyds from its founding until August, 1997, is leading the reorganization plan to retain the company that bears his name. "Boyds Wheels is a big part of me," comments Coddington, an automotive icon and legendary designer and builder. "I would do anything to aid in its recovery and to reestablish it as a recognizable and profitable company."
The reorganization process will see Boyds Wheels retaining the profitable parts of the company, restructuring much of the debt into equity, and eliminating much of the massive overhead of the pre-bankruptcy operation. "We were fortunate that we made the right decisions at the right times in terms of discontinuing manufacturing operations, cutting overhead, auctioning off the assets which were no longer beneficial to the company, reaching a consensus among the creditors, deal-making, and persuading the creditors that Boyds Wheels could make a comeback," states Evan D. Smiley of Albert, Weiland & Golden, LLP, counsel to Boyds.
Maintaining its headquarters at a different and smaller location in Stanton, Calif., Boyds Wheels' internal operations will be drastically restructured and considerably different than the pre-bankrupt company. While the operation's headquarters will consist mainly of management, sales and marketing, research and development, and billet wheel manufacturing, plans are underway for the majority of the company's manufacturing operations to be outsourced to companies in Asia. This will result in the reduction of per wheel manufacturing costs to half of the previous totals. In addition, the company will continue to produce Boyds Ultra Violet, a line of car care products.
The steps toward reorganization resulted from the company filing for Chapter 11 on January 30, 1998. Boyds Wheels entered into bankruptcy with $15 million in debt, and through issuance of stock to its creditors and a substantial capital contribution by Coddington, will emerge substantially debt-free. Seeking to accomplish the reorganization, Boyds Wheels will pay off all of its secured debt and give general unsecured creditors 12 percent of the company's stock. Although existing equity will be diluted, the projected net income of Boyds Wheels is anticipated to be sufficiently to restore substantial value to the equity holders. In conjunction with the reorganization, the stock will continue to be publicly traded.
Following the filing, the process will be brought before the court and the creditors will vote. If approved, the plan will go into effect.
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