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Motorcar Parts Of America Receives Vendor Of The Year Award From Advance Auto Parts

The award was presented at the automotive retailer’s recent 2015 leadership conference.

Motorcar Parts Of America Reports Fiscal 2016 First Quarter Results

Net sales for the fiscal 2016 first quarter increased 36.3 percent to $85.8 million from $63 million for the same period a year earlier.

Motorcar Parts Of America Reports Fourth Quarter And Fiscal Year 2015 Results

The company says strong momentum continues, and its business outlook remains favorable. Adjusted gross profit for the full year was $101.2 million, compared with $82.9 million a year ago, representing a 22 percent increase.

Motorcar Parts Of America Receives Extra Miler Award From AutoZone

The Extra Miler award is presented annually to a select group of AutoZone’s several hundred suppliers that go the “extra mile” in terms of service, products and programs.

Motorcar Parts Of America Announces Refinancing Of $125M Credit Facility

The $125 million credit facility refinancing with PNC Bank National Association consists of a $100 million revolver and $25 million term loan.

Motorcar Parts Of America Announces New Executive Appointments And Promotions

“The new appointments and promotions underscore our commitment to attracting and retaining employees with the knowledge and dedication required for long-term customer relationships, which is the cornerstone of our success,” said Selwyn Joffe, chairman, president and CEO of Motorcar Parts of America.

Motorcar Parts Of America Acquires OE Plus

According to the Automotive Aftermarket Suppliers Association’s 2014 Top Suppliers list, OE Plus generated total global sales of approximately $24 million in 2013.

Motorcar Parts Of America Announces Closing Of Underwritten Public Offering Of Common Stock

MPA estimates net proceeds from the offering will be approximately $66.9 million, after deducting underwriting discounts and estimated offering expenses.

Motorcar Parts Of America Announces Proposed Public Offering Of Common Stock

MPA said it expects to use the net proceeds from the offering for working capital and other general corporate purposes.

Motorcar Parts Of America Reports Record Fiscal 2015 First Quarter

Company also introduces new line of brake master cylinders.