USA GPC Genuine Parts Company

About The USA GPC Genuine Parts Company

Industry

industry

Other

Genuine Parts Company (GPC) is a prominent American distributor of automotive and industrial parts headquartered in Atlanta, Georgia. Founded in 1928 by brothers Carlyle and Malcolm Fraser, the company employs approximately 63,000 people and serves customers across multiple continents. GPC is a recognized S&P 500 component and operates a diverse portfolio of subsidiaries, including the well-known NAPA Auto Parts and Repco brands.

With a legacy spanning nearly a century, Genuine Parts Company has expanded its reach beyond the United States to markets in Australasia, Europe, and North America. Its extensive network comprises over 10,700 locations across 17 countries, marking GPC as a global leader in automotive replacement parts, industrial supplies, and related product distribution.

When Was Genuine Parts Company Established?

Founded: 1928, in Atlanta, Georgia, U.S.
Founders: Carlyle and Malcolm Fraser
Headquarters: 2999 Wildwood Parkway, Atlanta, Georgia, 30339
Industry: Automotive and Industrial Parts Distribution
Employees: Approximately 63,000 globally
Stock Market: Public; S&P 500 component
Annual Revenue: $23.5 billion (2023)

Genuine Parts Company Mission Statement

Genuine Parts Company is committed to delivering high-quality automotive and industrial products to customers worldwide while fostering growth through innovation, strategic acquisitions, and a strong dedication to customer service excellence.

What Is Genuine Parts Company Known For?

GPC is recognized for its comprehensive distribution network and strong presence in automotive and industrial aftermarket parts, supported by its reputable subsidiaries and long-standing industry expertise.

Extensive Global Distribution Network

Operating in 17 countries with over 10,700 locations, Genuine Parts Company maintains a well-established global footprint. This includes significant operations in North America, Europe, and Australasia, ensuring efficient supply and service capabilities across various markets.

Strong Subsidiary Brands

Key subsidiaries such as NAPA Auto Parts and Motion define GPC’s market leadership. NAPA Auto Parts, established in 1925, serves primarily North America with roughly 6,000 stores as of 2020. Motion, acquired in 1976 and headquartered in Birmingham, Alabama, specializes in industrial products and serves around 170,000 customers globally.

Strategic Growth and Innovation

GPC has a track record of strategic acquisitions and leadership transitions to drive growth. In 2024, the company acquired Motor Parts & Equipment Corporation (MPEC), the largest independent NAPA Auto Parts store owner in the U.S., enhancing its Midwest presence. Additionally, leadership changes planned for 2024 aim to sustain GPC’s competitive edge.

How Many Locations Does Genuine Parts Company Operate?

Genuine Parts Company operates an extensive network of over 10,700 locations spanning 17 countries globally. Their operations include company-owned and independently operated stores, especially within the NAPA Auto Parts brand in North America.

The company’s wide reach includes regions across the United States, Canada, Mexico, several European countries, and Australasia, affirming its status as a top-tier distributor in the automotive and industrial parts sectors.

Presence in the United States and Miami

In the United States, GPC has a robust presence that includes dozens of locations across various states. While its corporate headquarters is located in the Atlanta metropolitan area, GPC’s operations extend to major metropolitan markets including Miami, Florida, supporting local demand with NAPA Auto Parts stores and distribution centers.

Who Owns Genuine Parts Company?

Genuine Parts Company is a publicly traded entity listed in the S&P 500 index. Ownership comprises a mix of institutional investors, public shareholders, and company insiders. The company has a history of consistent cash dividend payments to shareholders, maintaining investor confidence since going public in 1948.

Is Genuine Parts Company Currently Hiring?

You can check out the open positions that Genuine Parts Company has right here on OysterLink.

USA GPC Genuine Parts Company Frequently Asked Questions

USA GPC Genuine Parts Company hasn't posted any FAQs yet.