What does Genuine Parts Company do?
Genuine Parts Company (GPC) is an American service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials.
What industry is Genuine Parts Company?
automotive
Genuine Parts Company is a service company engaged in the distribution of automotive and industrial replacement parts. The Company operates through two segments: Automotive Parts and Industrial Parts.
What companies does GPC own?
Our Businesses
- Repco.
- NAPA Auto Parts.
- Two Wheel Division.
- Sparesbox.
- Support Functions.
What sector is GPC in?
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Capital Goods |
| Industry | Automotive Aftermarket |
| 1 Year Target | $140.50 |
What is genuine part?
A genuine part is an auto component that was installed in your vehicle when the vehicle was first manufactured. Genuine parts are more expensive than any other types of auto parts because they carry the company logo.
How many stores does Genuine Parts have?
The diversified company is the sole member and majority owner of National Automotive Parts Association (NAPA), a voluntary trade association that distributes auto parts nationwide. Genuine Parts Company (GPC) operates about 6,000 NAPA Auto Parts stores in more than 55 US states.
Who started Genuine Parts Company?
Carlyle Fraser
In 1928, Carlyle Fraser founded GPC with the purchase of Motor Parts Depot in Atlanta, Georgia for $40,000. He then renamed the parts store Genuine Parts Company. The original GPC store had annual sales of $75,000 and had only six employees.
How many employees does Genuine Parts have?
50,000 employees
Genuine Parts Company (GPC), founded in 1928, is a global service organization engaged in the distribution of automotive and industrial replacement parts. We serve hundreds of thousands of customers from a network of more than 10,000 locations in 14 countries and have approximately 50,000 employees.
Is GPC a Fortune 500 company?
2999 Circle 75 Pkwy….Our annual ranking of America’s largest corporations.
| Rank # of Fortune 500 Companies | |
|---|---|
| New York | 50 |
When did GPC acquire Napa?
January 1999
Acquired. In January 1999, GPC further expanded its auto parts group by acquiring yet another Atlanta-based firm, Johnson Industries, Inc. With annual revenues of $120 million, Johnson served new-car dealers and owners of large vehicle fleets, such as Federal Express.
Is GPC a good stock?
Genuine Parts Company – Buy Valuation metrics show that Genuine Parts Company may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of GPC, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
What is OEM in manufacturing?
An original equipment manufacturer (OEM) makes systems or components that are used in another company’s end product. Computer manufacturers, for example, commonly bundle or integrate OEM parts – such as processors and software – into the solutions they sell.