Standard Motor Products, Inc. Celebrates 100th Anniversary

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Apr 22, 2019, 09:02 ET

NEW YORK, April 22, 2019 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, announced today that it is celebrating its 100-year anniversary. The company was founded by Elias Fife on April 19, 1919.

During the early years of the aftermarket, Standard Motor Products was instrumental in helping earn the industry a reputation of quality and reliability, whether it was with early efforts from its salesforce or the introduction of premium-quality lines such as "Blue Streak", which was superior in quality, performance and durability.

Over the years, Standard Motor Products has grown by leaps and bounds from the company that Elias Fife founded in 1919. Standard Motor Products now employs approximately 4,400 people, generates over a billion dollars in net sales, operates in more than 25 facilities around the world, and is a leading independent manufacturer and distributor of replacement parts in the automotive aftermarket.

Guiding Standard Motor Products' growth is a set of core values that have remained consistent from day one: premium quality products and premium brands, a commitment to basic manufacturing, world-class training and marketing support, a salesforce that's second to none, and a time-tested ability to adapt to the automotive technologies of the day. But most of all, a commitment to integrity.

Eric Sills, Standard Motor Products' Chief Executive Officer and President, and a fourth-generation descendant of the founder, stated, "As we celebrate our 100th year in business, we reflect back on what brought us to where we are today. Our founders had the foresight to enter this wonderful industry with a strong set of corporate values centered on taking care of our customers, and to do so with the utmost integrity. In this highly competitive industry, we owe our sustained success to both the dedication of our talented employees as well as to our loyal customers. We are committed to entering our next centennial with the same determination and ingenuity that has made SMP the automotive market leader that it is today."

About SMP:
In its 100th year in business, Standard Motor Products, Inc. supplies independent professional auto technicians and automotive do-it-yourselfers with high-quality replacement parts for engine management ignition, emission and fuel systems as well as temperature control products for domestic and import cars and light trucks. SMP products are sold throughout the United States, Canada, Europe, Latin America and in many other countries around the world. For more information, download the SMP^® Parts App 2.0 or visit www.smpcorp.com.

SOURCE Standard Motor Products, Inc.