FleetPride Acquires Springfield Brake Company, Premier Truck Parts and Premier Truck Parts of Joplin
THE WOODLANDS, Texas, Nov. 8, 2010 - FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck and trailer parts, announced that it has acquired the assets of Springfield Brake Company in Springfield, Missouri, Premier Truck Parts in Harrison, Arkansas, and Premier Truck Parts of Joplin, Joplin, Missouri. Each location operates both a parts counter and drive-in service bays. With these acquisitions, FleetPride will now have four locations each in both Missouri and Arkansas.
Johnny Johnson is a second generation owner of Springfield Brake Company, which was founded in 1940 by Herb Johnson. In 1996, Johnny Johnson opened a location in Harrison, Arkansas under the entity Premier Truck Parts, Inc. and in 1998, opened a location in Joplin, Missouri under the entity Premier Truck Parts of Joplin.
Long-time Springfield Brake manager Allen Lumleywill remain with FleetPride to oversee all three locations. Additionally, employment offers have been extended to Springfield Brake and Premier Truck Parts employees.
"As a well-respected industry leader, Johnny Johnson has built three strong companies based on a foundation of unsurpassed customer service. Both Springfield Brake and Premier Truck Parts have a substantial customer base which is serviced through knowledgeable parts employees and trained technicians," said Lee Stockseth, Chief Operating Officer for FleetPride.
Stockseth continued, "Southern Missouri was targeted to fill a void in a strategic market. All three locations provide FleetPride with an excellent opportunity to better serve our local, regional, and national account customers."
"This acquisition is yet another example of FleetPride aligning with successful, independent heavy duty distributors, while complimenting the strategic expansion of our national footprint further into the Midwest. We are excited and proud to welcome the team members of Springfield Brake and Premier Truck Parts to our FleetPride family," said W.M. McGee, President and CEO.
About FleetPride, Inc.
FleetPride, Inc. (www.fleetpride.com)--America's premier nationwide supplier of heavy duty truck and trailer parts -- operates over 205 locations in 40 states and carries a full line of nationally recognized brand name parts, as well as an assortment of exclusive brand parts. In addition, FleetPride offers in-house remanufactured products such as brake shoes and driveline components. Truck and trailer repair services are also offered at a number of locations.
About FleetCare by FleetPride
FleetCare (www.fleetcare.info) -- FleetPride is proud to offer an exclusive partnership for qualified businesses through its FleetCare affiliation program. In addition to FleetPride's company-owned locations, the FleetCare network, with over 210 heavy-duty truck and trailer centers, services all makes and models, employs highly-trained technicians, provides brand-name parts, extends a nationwide parts warranty program and offers roadside assistance.
SOURCE FleetPride, Inc.
CONTACT:
Melinda Pryor,
MarCom Manager,
+1-832-592-9953,
for FleetPride, Inc.
Web Site: www.FleetPride.com
