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Standard Motor Products, Inc. (NYSE: SMP) is a manufacturer and distributor of automotive parts in the automotive aftermarket industry. The company was founded in 1919 as a partnership by Elias Fife and Ralph Van Allen and incorporated by Fife in 1926.
NAPA retail store in a suburb of Portland, Oregon NAPA Detroit Distribution Center, Romulus, Michigan. The National Automotive Parts Association (NAPA), also known as NAPA Auto Parts, founded in 1925, is an American retailers' cooperative distributing automotive replacement parts, accessories and service items throughout North America.
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The company was founded in 1901 at 160 East Lake street in Chicago as the McMaster-Davis Supply Company. [6] [7] Starting with $50,000 in investor capital, its founders were T.J. McMaster, a former stationary engineer, and F.C. Davis, who had been a chief engineer in the U.S. Navy.
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In 2023, the Master Builders Solutions Holding allocated over 3% of its turnover to R&D, resulting in over 80 ongoing pipeline projects. One notable innovation is the superplasticizer MasterCO 2 re , [ 9 ] facilitating the use of clinker-reduced cement types in concrete production and achieving substantial CO 2 savings up to 50%.
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