Tri-Cities Area Journal of Business
www.tricitiesbusinessnews.com/articles/2437
Reid Lunde, owner of Kaizen Speed in Kennewick, accepts a $10,000 prize for winning the SEMA Young Executive Network’s 2019 LaunchPad competition in Las Vegas. The award recognizes new innovations in automotive after-market products from companies led by executives under age 40.

Kennewick inventor’s new prototype electrifies judges at auto show

December 16, 2019

By Andrew Kirk

Kennewick entrepreneur

Reid Lunde named his company Kaizen Speed after the Japanese business term for

continuous improvement. Since 2005, Kaizen Speed has been steadily growing, and

in November won a prestigious industry award for Lunde’s new prototype.

Fifteen years ago,

Lunde was attending Columbia Basin College and started Kaizen Speed in borrowed

space in a friend’s backyard shop.

By 2008 the company

was boasting annual revenue approaching $400,000, selling Honda after-market

products that boost performance for (mostly) racing teams.

A decade later revenue

exceeded $1 million from services provided at its Gum Street shop (including

dyno tuning and engine assembly) and new products that worked in more vehicles,

like tensioners, wire covers, drag brakes and oil pans.

The company’s next the

goal was to produce products for even wider appeal.

For the last two

years, Kaizen Speed has been developing an innovative relay control system for

after-market accessories. Most vehicles have 20 to 30 separate relays. Kaizen

Speed’s relays are interconnectable, meaning new ones can be added to the

existing ones. That makes them easier and faster to install and requires less

wiring. The system will work in cars, trucks, UTVs and boats.

“Anything with a

battery,” Lunde said. “Relays are required to install auxiliary fog lights, or

a light bar, or a cooling fan.”

Fully-functioning

prototypes are undergoing final tests. Design work was done in the United States

and Lunde intends for production to be in-country as well. The electrical

components were designed by CANtrolls, an electrical engineering firm in

Philadelphia.

Kaizen Speed is active

in the Specialty Equipment Market Association, or SEMA, and Lunde submitted his

prototype to the Young Executive Network’s LaunchPad competition at the annual

SEMA Show in Las Vegas in November.

The relay control

prototype was a finalist out of 80 submissions before being named the winner.

Lunde received a $10,000 prize plus exhibition space at next year’s show.

“We are pleased to

present Reid Lunde with an award that recognizes the dedication and

perseverance of young entrepreneurs in the automotive industry,” said Bryan

Harrison, SEMA council director of the Young Executives Network. “His product

is a great example of innovation and how future leaders continually shape the

success of the automotive aftermarket.” 

The prize is minimal

compared to the value of the exposure, recognition and validation the judges

gave it, since they are after-market industry experts, Lunde said.

“The industry saw the

product has legs,” he said. Winning the award also means receiving coaching

from industry veterans and help marketing the new product.

Vadim Belogorodsky

owns CANtrolls and has been working on the new relay system for six months.

Lunde brought him on as a partner to work together more closely. Belogorodsky

believes the new product will be revolutionary in the switching industry.

“What we are doing is

the first of its kind, and for that, we believe it will be a great commercial

success. As a product it is also positioned very well to grow over time,” he

said. “The LaunchPad competition was the best litmus test we could have

performed… We had great feedback from the industry professionals and the

judging panel… plus the customer feedback during the SEMA Show was

overwhelmingly positive.”

Winning was a huge

“green light” to begin the next phase of testing. Lunde said he’s focused on

“riding the wave” of credibility the win brought.

“We’re pushing real

hard to get into manufacturing,” Lunde said. “We hope to have the product ready

for sale by the end of 2020.”

Kaizen Speed:

kaizenspeed.com; KStuned.com.