Company Overview Visit genpt.com website
Genuine Parts Company (GPC) is a distributor and manufacturer of original equipment and replacement parts for cars and trucks, as well as industrial and electrical equipment. The company also manufactures and distributes commercial food service equipment such as cooking appliances, refrigeration equipment, merchandisers, etc., through their FoodServiceDirect sales division. GPC operates in North America, the Asia Pacific region (APAC), Europe (EU), India (I), Latin America (LA) and South Africa (SA).
Genuine Parts Company began when two business partners invested in Auto Palace Lamps Corporation in 1921. A few years later they decided to start manufacturing replacement parts on their own under the name Genuine Parts Company. Over time GPC expanded into several industries. For example, GPC acquired a food service equipment business in 1993 when it bought The Attwood Corp. In 1998 GPC also bought the Dorman Products auto parts manufacturer from Midland-Ross.
In 2009, an independent financial analyst ranked them as the fifth largest US dealership based on revenue numbers from 2007 by Forbes Magazine. Genuine Parts Company's revenues in year 2014 were about $9 billion and their market capitalization was approximately $3.6 billion at May 20th 2015.