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Standard Motor Products (SMP)

Stock (Auto Parts Industry, Manufacturing Industry)

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Long Island City, New York-based Standard Motor Products, Inc. (SMP) engage in manufacturing and distributing replacement parts for motor vehicles. The company is a leader in its two primary segments, Engine Management (67% of sales), and Temperature Control (26% of sales). While ignition and emission parts, on-board computers, ignition wires, battery cables, and fuel system parts form the broad portfolio of the Engine Management division. Air conditioning and heater parts constitute the Temperature Control division. The company sells its products primarily to warehouse distributors and large retail chains in the U.S., Canada, and Latin America. Major competitive advantages of the company include a trained sales force, extensive product range, sophisticated parts-cataloging systems, and effective inventory management.

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Categories: Manufacturing | Auto Parts

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