Motorcar Parts of America Receives Supplier of the Year Award From O'Reilly Automotive, Inc.
LOS ANGELES, Feb. 13, 2017 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it received O'Reilly Automotive's Supplier of the Year Award at the retailer's recent 2017 manager's conference held in St. Louis, MO.
"Superior product management and customer service are fundamental commitments throughout our company. We are gratified to be recognized by O'Reilly Auto Parts for our entire Street Smart Suite of services that distinguish MPAA as an industry leader," said Selwyn Joffe, chairman, president and chief executive officer.
"Receiving this prestigious recognition is most gratifying. It validates our team's day-in and day-out focus on excellence and service, and we look forward to continued mutual success," said Rick Mochulsky, senior vice president of sales.
About O'Reilly Automotive, Inc.
O'Reilly Automotive, Inc. (Nasdaq:ORLY) is one of the largest specialty retailers of automotive aftermarket parts,
tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers. Founded in 1957 by the O'Reilly family, the company operated 4,829 stores in 47 states as of December 31, 2016.
About Motorcar Parts of America
Motorcar Parts of America is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel hub assembly products, brake master cylinders, brake power boosters and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. 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, Virginia, Mexico, Singapore, Malaysia
and Toronto. 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 2016 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.
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