Motorcar Parts of America expanded its product line with the introduction of brake power boosters and turbochargers.
Aug. 10, 2016
Motorcar Parts of America announced the expansion of its product line with the introduction of in-house developed brake power boosters and turbochargers through an acquisition of ZOR Industries.
“The launch of brake power boosters follows a similar strategic approach to our previous product line introductions – namely working with an existing customer that is committed to our program and supportive of the wide-range of value-added services that enhance the product category. We look forward to the commencement of brake power booster sales in mid-August, following several months of development activities to support a successful launch,” said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America.
Separately, the company said it has completed the acquisition of Winchester, VA-based ZOR Industries, a remanufacturer of automotive, heavy-duty truck, agricultural and industrial turbochargers.
“The acquisition of ZOR Industries provides Motorcar Parts of America with a small customer base and most importantly the technology, people and processes to address a rapidly emerging automotive category,” Joffe said.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
With several alternative powertrains in heavy-duty trucking today, how are major engine manufacturers adjusting? Derek Kiesler, Cummins' director for North America on-highway ...
