ShowMeTheParts, ChannelSpyder Form Partnership
The partnership provides small to midsize sellers an affordable solution to grow their channel sales business and increase profits, according to Vertical Development Inc.
Lubrication Specialties Inc. Forms LSI Chemical
LSI Chemical products soon will be introduced for a variety of industries and markets, the company noted.
GSP Automotive Announces IPO On Shanghai Stock Exchange
The IPO “will enable GSP to integrate optimized manufacturing, world-class product innovation and the capital market,” the company added in a news release.
PWI Finalizes Merger With Tri-States Automotive Warehouse
The two companies announced plans to merge in May, and finalized the deal Aug. 14.
NPW Completes Acquisition Of Auto Plus In Washington, Oregon
The transaction includes two Pep Boys Parts retail-store locations in Seattle, and excludes Pep Boys automotive service centers.
Advance Auto Parts Reports 7.3% Q2 Sales Increase
Comparable-store sales jumped 7.5% on a year-over-year basis.
B’laster Acquires AC Avalanche Division From TSI Products
With the transaction, B’laster nearly doubles its revenue, according to the company.
APC Automotive Technologies Completes Debt Restructuring
The company recently filed for bankruptcy with the U.S. Bankruptcy Court for the District of Delaware.
U.S. Auto Parts Network Changes Name To CarParts.com
The online parts seller said it “decided it needed a name that reflected the tech-forward company it has become.”
Arnold Motor To Open DC, Retail Store In Iowa City
Iowa City will be home to the 67th location for the company.
Original One Parts Acquired By Kinderhook Industries
Original One Parts is a Dallas-based provider of certified OEM auto parts for use in collision and mechanical repairs.
Advance Auto Parts Appoints Eugene Lee As Board Chair
Jeffrey Smith, independent chair of the board, will not stand for re-election at the May 2020 annual meeting of shareholders.