Replenishment Purchase Order Requirements. "Our rich history of serving commercial customers, combined with Advance Auto Parts’ best-in-class commercial capabilities, will allow us to build on our strong service reputation with our customers.Pepboya PEP BOYS Merchandise Supply Chain. “We thank Advance Auto Parts for this exciting new relationship," added Stockel. We are also thrilled that Neil Stockel, BWP president, will continue to collaborate with us as we grow our commercial business.” With our other investments in parts, technology, systems and people, we have enhanced our ability to improve our profitability and increase value for our shareholders. “This new partnership with BWP is another example of Advance’s commitment to long-term growth and serving commercial customers. “We are excited about the combination of our two businesses as it will position us for accelerated growth in the Northeast,” said Darren Jackson, president and CEO of Advance Auto Parts. GPI will operate BWP’s other distribution center in Armonk, N.Y. Additionally, Advance will continue to operate two of BWP’s distribution centers in Sutton, Mass., and Delran, N.J. (GPI), a privately held auto supply company. After completion of this transaction, Advance will operate 124 BWP company-owned stores and will transfer the rights to distribute to 92 independently owned locations to an affiliate of General Parts International Inc. Based in Armonk, N.Y., BWP currently operates or supplies 216 locations in Connecticut, Delaware, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.Īdvance says this acquisition will enable the company to continue its expansion in the Northeast, a strategic growth area for Advance. Founded in 1962, BWP is a privately held company that supplies, markets and distributes automotive aftermarket parts and products principally to commercial customers.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |