Focus on Braking-Related Product Line Expansion
LOS ANGELES, July 10, 2018 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced the appointment of Brian Griffin III to the position of vice president new products, dedicated to braking-related product line expansion.
Griffin, 41, has held various positions during his 15-year tenure in the automotive sector – including serving as vice president product management/purchasing, director of product management and redistributed product manager for several California-based companies.
“This appointment complements the company’s strategic focus on product line expansion and industry-leading customer service. We welcome Brian to the team and look forward to his contributions at an exciting period in the company’s history,” said Selwyn Joffe, chairman, president and chief executive officer.
An industry veteran with extensive product development, purchasing and catalog experience, Griffin earned a Bachelor of Science degree in Kinesiology from Cal State Fullerton University. His professional recognition includes serving as president of the National Catalog Managers Association, subsequently renamed the Automotive Content Professionals Network; and a recipient of the 2011 AIA Young Executive of the Year award.
About Motorcar Parts of America
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearing and hub assemblies, brake master cylinders, brake power boosters and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy-duty applications. In addition, the company designs and manufactures test equipment for performance, endurance and production testing of alternators, starters, electric motors, inverters and belt starter generators for both the OE and aftermarket. Motorcar Parts of America’s products are sold to automotive retail outlets and the professional repair market throughout the United States and Canada, with facilities located in California, Mexico, Malaysia and China, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia and Canada. Additional information is available at www.motorcarparts.com.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. The statements contained in this press release that are not historical facts are forward-looking statements based on the company’s current expectations and beliefs concerning future developments and their potential effects on the company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the company) and are subject to change based upon various factors. Reference is also made to the Risk Factors set forth in the company’s Form 10-K Annual Report filed with the Securities and Exchange Commission (SEC) in June 2018 and in its Forms 10-Q filed with the SEC for additional risks and uncertainties facing the company. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.
Gary S. Maier
Source: Motorcar Parts of America, Inc.