Motorcar Parts Of America Acquires Heavy-Duty Rotating Electrical Products Company
Motorcar Parts of America has acquired Ontario, Canada-based Dixie Electric Ltd. in a stock purchase transaction. Terms were not disclosed.
Motorcar Parts Of America Acquires E&M Power
MPA says it is expanding its position within the electric vehicle testing market with this acquisition.
Motorcar Parts Of America Receives Notice From NASDAQ Due to Delayed Filing of Form 10-Q
According to MPA, the delay in filing was due to the company’s inability to timely process the financial information for its fiscal 2019 second quarter, which is primarily related to a review of accounting practices associated with the timing of recognizing certain expenses incurred in connection with new business.
Motorcar Parts Of America To Launch Additional Braking-Related Products At AAPEX
“The introduction of brake rotors and brake pads complements our current braking system product offerings and is consistent with our growth strategy within high-growth, non-discretionary aftermarket categories,” said Selwyn Joffe, chairman, president and CEO of Motorcar Parts of America Inc.
Motorcar Parts Of America Announces Increased Credit Facility
This new agreement replaces MPA’s previous credit facility consisting of a $120 million revolver and a $25 million term loan.
Motorcar Parts Of America Reports Fiscal 2018 2nd Quarter Results
MPA says its customer support services and testing equipment products are expected to further distinguish the company.
Motorcar Parts Of America Reports Fiscal 2018 1st Quarter Results
The company’s recent Tester Systems acquisition is expected to drive growth and further distinguish MPA’s leadership position in the automotive sector.
Motorcar Parts Of America Announced As Exclusive Sponsor Of CAWA’s Annual Industry Week Gala Event
The annual gala event is the highlight of the year for the association, and is dedicated to raising funds for CAWA’s scholarship program.