ENGINEER TURNED ENTREPRENUER PITCHES FOR $10,000 , Startup set to launch at SEMA Launchpad Competition as a finalist


[GAFFNEY, SC, OCTOBER 21, 2018] Steven Owens wants to change the way you change your oil and win $10,000 in the process at this year’s Specialty Equipment Market Association (SEMA) Launchpad competition. He will have just two minutes to pitch his new specialty tool to a panel of five automotive industry leaders in the competition being held in Las Vegas on Monday, October 29th, 2018.

Owens’s idea for the tool, which lets you to drain oil from an oil filter before removing it, came as a result of a dirty, hot summer job at a local car dealership’s service department. He carried that concept and experience with him while earning a BS in mechanical engineering and a MBA degree, both from Clemson University. He entered the idea in the Launchpad competition at the suggestion of his friends in his cohort and his MBA professors.

The SEMA Launchpad Competition is in it’s 6th year and recognizes the automotive industry’s young and most inventive entrepreneurs, giving them a chance to connect with the industry’s top players. Over 120 competitors entered this year’s competition; the top 10 now have the chance of lifetime. Owens says, “Earning our way into the finals has been a tremendous amount of hard, yet rewarding work over the past several months. There’s nothing within my business that hasn’t been touched, tweaked and refined to get ready for the world’s largest automotive stage.”

Last Drop Wrench is a startup company offering a patent pending tool that incorporates a puncture and drainage system to allow you to drain the oil from and above the filter before taking it off, saving time and money, while preventing the traditional mess that comes with an oil change.


If you would like more information about us or our product, please contact the individuals listed below. For photos, videos and other information, please visit the our story and media kit pages on our website, as they are all there available for download.

Steven Owens

Christopher Woodruff
Chief Xperience Officer