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Top 5 Stories Of The Week

A recap of the top five stories on aftermarketNews during the week of June 1.

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The Aftermarket Auto Parts Alliance Inc. has announced Uni-Select Canada Inc., a wholly-owned subsidiary of Uni-Select Inc., as its newest shareholder owner. Uni-Select is a publicly traded company headquartered in Boucherville, Quebec. As a fully-participatory member, Uni-Select will utilize Alliance technology platforms, North American sweepstakes, the Certified Service Center program, and more. 

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For the first time in its history, the Aftermarket Auto Parts Alliance Inc. hosted its Summer Shareholder Meeting online. The three-day meeting kicked-off on Monday, June 1, from Alliance headquarters in San Antonio, broadcasting to a record-high number of attendees. 

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U.S. Auto Parts Network recently announced it would open a new 210,000-square-foot distribution center in Grand Prairie, Texas. The distribution center, slated to begin operations in late 2020, will create a minimum of 150 new jobs and $10 million in economic impact in its first 18 months alone. When operational, the facility will deliver new parts to customers across the South and Southwest servicing all of the brands U.S. Auto Parts Network has to offer, including CarParts.com and JC Whitney.

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SRS Marketing Co. and colleagues of Jim Shapiro, 65, are mourning his loss. Shapiro, president of SRS Marketing Co., passed away in his home early Friday morning, May 29, surrounded by his family. Jim joined his father, Malcom Shapiro, as a manufacturers’ representative at Shapiro and Boehm at the age of 22 and took the company over when Malcom passed. SRS Marketing was established in 1996 when Shapiro and Boehm merged with Robert Riefberg Sales, where Jim served as president alongside his partners Robert Riefberg and Bob Slemmer until his passing. 

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APC Automotive Technologies, LLC, together with certain of its subsidiaries, recently announced that it has entered into a comprehensive Restructuring Support Agreement (RSA) with key stakeholders, including its asset-based lenders, 74% of its term loan lenders that are eligible to vote, and significant financial sponsors (RSA Parties).

Read more here.

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Hellwig Suspension Products Celebrates The Life Of Don Hellwig

CRP Industries Names New Director Of Engineering

Merchants Fleet Announces YourMechanic Partnership

Fisher Auto Parts Launches Vision 2020 Promotion

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