The University of the Aftermarket Foundation (UAF) announced that the Prince Family Foundation has become a Lifetime Trustee and will award 10 annual automotive, collision repair, or heavy-duty/diesel scholarships in memory of Larry Prince, former chairman and CEO of Genuine Parts Company, and his wife Sandra. The Larry and Sandra Prince Scholarships will be awarded […]
Genuine Parts Company Acquires Largest NAPA Independent Store Owner in the U.S.
Genuine Parts Company (NYSE: GPC), the global distributor of automotive and industrial replacement parts, announced it acquired Motor Parts & Equipment Corporation (MPEC) effective April 30. MPEC, founded in 1938, is based in Rockford, Illinois and is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, […]