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From Chairman & CEO, Tribby Warfield:

Today I’d like to pause during this year full of challenges to express our collective respect, honor, and deep gratitude for those veterans who have served our country in the face of the greatest challenges possible. Not only those veterans working within our business on this very day (and there are many) but all our Aftermarket friends, customers, colleagues, and partners with veterans on their teams as well. When we think of the core values of perseverance, selflessness, duty, and honor … we take a moment to say a deep and heartfelt “Thank You” to all veterans across our great country.

From our Chairman & CEO, Tribby Warfield:

Today we announced that APACE Holding Company, LLC (“APACE”) has acquired APC’s emissions business unit (AP Emissions). Following a comprehensive strategic analysis, APC’s Board of Directors concluded that this transaction maximizes the value of the AP Emissions business and will enable further growth and innovation into the future for the benefit of employees and the wider industry. Led by Vange Proimos, a prominent and longstanding veteran of the exhaust and emissions industry, APACE is an ideal strategic acquirer for AP Emissions, which will continue to operate under its current name.

Today’s announcement is the culmination of a year-long process through turbulent, uncertain times, but I could not be prouder of the team at AP Emissions that persevered and grew the business. Vange has the skills, experience, and deep familiarity with the business to lead it into the future, and I look forward to seeing it prosper under ownership that recognizes the heritage of the iconic brands within the AP Emissions portfolio of businesses.

See below for the full press release and more details.

https://lnkd.in/gQrb33Y

From our Chairman & CEO, Tribby Warfield:

We would like to take a moment to sincerely thank the entire Automotive Parts Services Group for the incredible recognition we received from their membership group yesterday. At the 2020 “Together Towards Tomorrow” annual meeting, our team was honored with the prestigious Outstanding Vendor Of The Year award.

From APSG: “The Outstanding Vendor Of The Year is a company that members view as extremely important and dedicated to their success. This honor is reserved for companies that consistently perform at high levels in most areas and are viewed as partners who can be counted on when challenges arise. The APC team continues to be focused on our member's success and we have continued to have outstanding growth together.”

While we have certainly faced multiple challenges this year including adapting to COVID, keeping our workforce safe, and emerging from a successful restructuring of our business, I am most proud of the tenacity and resilience of all APC employees to ensure our customers are successful. This award validates our continued commitment to the Aftermarket, our customers, suppliers, and partners and is a full vote of confidence for all our teammates. We are very proud of this award and are excited as we move forward together.

Continuing our Heroes Among Us series from around our group portfolio:

Today we celebrate Jeronimo Herrera, Assembly & Inventory Team Supervisor for our StopTech performance brake business in Compton, California. Jeronimo works across the entire StopTech portfolio and customer base, with a keen focus on Big Brake Kit and Caliper product lines. He has been with the team for 7 years and was part of the early group of teammates dedicated to supporting the StopTech brand during the first weeks of the COVID-19 shutdown. This small group of hardworking leaders was responsible to support essential businesses, including the armor and defense industries. The team faced many challenges in those early weeks and had to be flexible and re-organize in order to properly support the business. In addition to leading Assembly and Inventory, Jeronimo quickly rose to the occasion and volunteered to also coordinate the Shipping & Receiving function while also coaching the Assembly Planning team.

Jeronimo is extremely dedicated and always willing to go beyond his normal duties to help the business succeed. He routinely demonstrates his strong work ethic, alongside outstanding manufacturing skills and overall leadership in helping us drive the StopTech brand forward. Thank you Jeronimo!

From Our CEO, Tribby Warfield:

“I am pleased to announce our successful debt restructuring and plan for reorganization which officially became effective as of today.

As part of the successful restructuring, we have significantly reduced our debt position while also securing senior secured financing to invest in the future of our business. Our current management team will continue to lead the Company forward, and collectively, we remain steadfast in our strategic, operational, and growth transformation initiatives.

This is a very important time for APC as this restructuring allows us to better serve our customers and invest in our growth for years to come. As we said at the beginning of this process, this milestone reflects our continued confidence, and that of our stakeholders, that we are on track for sustainable, long-term success. We look forward to continuing to shape our culture of high-performance, accountability, and contribution that will enable us to deliver that success to our teammates, customers, suppliers, and the aftermarket as a whole.”

Read more from today’s press release:

https://lnkd.in/gWPJcDG

From a safety conversation with our COO, James McCoy:

"Safety is 'Job Number 1' for us. Safety is critical not only to our best resource, our people, but also to the overall well-being of the business. As with our entire business, we relentlessly track safety and strive for excellence in keeping our teammates free from injury or illness. Due to our embedded safety culture, we were able to focus the daily safety narrative to combating COVID-19 and we’ve done an admirable job at all levels keeping our facilities operational and our teammates safe. It hasn’t been easy by any means, but our strong safety protocols, consistent procedures, and ongoing messaging to our employees have made a significant difference. To us, it is all about consistency in our approach and consistency with our people. I am personally inspired by how our manufacturing and distribution teams have persevered and delivered for our customers. We have continued to move forward successfully, and as a result, are actively hiring more to join our team. Our goal is to give our teammates every opportunity to be successful, putting them in positions to win, and removing obstacles for them to progress in their careers.”

Our next “Heroes Among Us” example of our teammates going above-and-beyond comes from our Centric Parts/StopTech Distribution Center in City of Industry, California. Ignacio “Nacho” Villarreal is our Warehouse Manager and has a multi-functional role in ensuring all our braking-related products (Rotors & Drums, Friction, Calipers, Chassis and more) are picked, packaged, shipped, tracked and delivered as planned.

Nacho has been with us for more than two years and has quickly become a steady force in leading all distribution operations at the facility. During the pandemic, he has continued to show resilience in all aspects of distribution with his “can do” attitude, transparency, and dedication to his role and team. Nacho embodies a relentless customer focus by training, leading by example and mentoring all employees that he is responsible for. Nacho also makes sure all product distribution tasks are optimized and are directly focused on our customers. We are all grateful for Nacho and are impressed with his courage and determination to keep us moving forward.

When Nacho is not managing distribution operations at our City of Industry facility, he is inside the squared circle as a trainer and boxing coach. Nacho’s favorite quote and inspiration are “let’s keep punching.”

From our continuing series highlighting the daily leadership and determination shown by all our teammates across our 5 manufacturing facilities and 4 distribution centers. Today’s Hero Among Us is Robert from our emissions and exhaust facility in Goldsboro, North Carolina (AP Emissions). Robert leads our reclamation department and is also a key contributor to the product distribution function as well. Robert directly assists any customer with any product-related question or return scenario, and his strong cross-functional expertise makes him a highly-valued colleague to the DC team. Robert is always ready to lead with a smile and is eager to jump in to deliver any job he is assigned. He will always go the extra mile to get the task completed on time. When Robert isn’t making a major difference for our team, you’ll find him reading books, building model railroads, and spending time with his extended family. Thanks Robert for all you do for the AP Emissions team!

From our continuing series highlighting teammates across the APC network of businesses for their contributions not just during this challenging time but for their entire career with us. Today we focus on an inspiring teammate who has spent more than 35 years with us in our Goldsboro, NC facility. Connie is our sub-assembly team leader, driving manufacturing excellence across the Welding, Components, and Final Assembly processes. He ensures built-in quality across our entire catalytic converter lineup. Connie is a true process-first leader, ensuring products and people flow smoothly from machine setup through each step in the manufacturing process. He is well-known for taking initiative when a challenge or opportunity presents itself and following it through to completion. We are all grateful for Connie’s long-term dedication to the AP Emissions business, strong work ethic, and the great example he sets every day. Thank you Connie!

As an essential business, we continue to be keenly focused on serving our diverse aftermarket customers and channel partners. All of our manufacturing and distribution facilities have been operational since the start of COVID, with the dedication of our front-line teammates making the difference. With product demand continuing to grow, we have new positions open in our Goldsboro, North Carolina facility (AP Emissions) where our market-leading catalytic converters, mufflers, piping, tubing, and exhaust hardware are produced. Roles include machine operators, material handlers, welding, distribution, and more.

Join our team today … we are Built For You.

Careers: https://lnkd.in/gwDuM9T

Today we recognize another important leader from within our manufacturing and distribution network, this time from our catalytic converter and substrate coating facility in Hobart, Indiana. Sergio has been with us for nearly a decade and leads the welding operations for our DuraFit (medium to heavy-duty exhaust) as well as direct-fit catalytic converter (CATCO) programs. Sergio supervises the entire welding team and his leadership is seen every day in meeting production goals and training all welders to meet exacting product specifications. Sergio loves what he does because, for him, every day is a new challenge. He likes the variety of tasks and unique situations he encounters. Sergio is well-respected by everyone in the facility as he is usually one of the first to arrive in the morning to assist with employee health and safety checks and one of the last to leave. Sergio’s importance spans the entire facility by setting a clear example for all teammates to see how they should be working every day. He understands the entire manufacturing process and is willing to jump into any position or situation to make sure we safely meet our customers’ growing demand. Thank you Sergio for all you do for the team!

We're grateful for all our teammates working hard through these evolving times. Today, we want to recognize our technical, engineering, and product development teams that have stayed nimble, adapted, and kept driving our New Part Introduction program forward as they always have in support of our diverse customers and partners.

https://lnkd.in/egb7Ebh

APC's and its Centric Parts and AP Exhaust brands partner with independent WDs and Professional Installers every day to keep America's vehicles on the highway.

This week we are featuring another successful independent service facility, Perry's Service in Des Moines, Iowa. Andy Deboard and his team of 11 technicians and tow drivers rely on Centric brakes to satisfy their most demanding customers. Thanks for your support Andy!

#APC #Centric #builttofit

Cars that go fast have to stop fast too! That's where our StopTech division steps in with their ultra-high performance big brake systems and direct fit replacement choices. Check out these pictures of their latest collaboration with Toyota Canada. #APC #StopTech #builttofit #brakelate

Our Installer Profile series continues this week with a visit to Perry's Service in Des Moines, Iowa. Owner Andy Deboard's grandfather started the business over 50 years ago as a DX Service station, later switching to Skelly Oil, Getty and Texaco before becoming a private service and towing facility. His team at Perry's Service use Centric as their first-call Brake and Hydraulics supplier. Learn more in our feature story below. Andy, thanks for your business! #Centric #APC #Builttofit

We are back this week with a Shop Profile on TM Autosports, an installer and dealer for our StopTech high performance products. TM Autosports has 4 locations in North Dakota and Minnesota. That means for at least 1/3rd of the year, there is snow on the ground. Owner Shane Noble keeps his bays full in the Winter by handing upgrades and customization work for snowmobiles and Jeeps, while in the Spring and Summer he's busy with cars, trucks, boats ATVs, UTVs and motorcycles. Click the image below to learn how TM Autosports stays on the gas year-round! #centric #stoptech #builttofit #builttowin #APC

Tired of seeing rust stains on your brake rotors after just a few trips to the car wash or in winter snow? Then check out Centric Parts' GCX line of brake rotors with RS200 coating. While the braking surface is quickly cleared by the brake pads every time you step on the pedal, our RS200 coatings keep the rotor hat, edges and cooling vanes protected. Check our our short video for more information! https://www.youtube.com/watch?v=ACZDkIBeU7s

Our Brake and Exhaust Installer Profile series moves back to the West Coast this week as we visit Neighborhood Car Care in Ventura, California. The surf's up at the nearby beach, but owner's Ed Rogoff and Jon Youngerman are too busy juggling their customer appointment book to worry above the waves. Find out why Neighbor Car Care installs Centric brakes exclusively in our spotlight feature below! #centric #apcautotech #fastundercar #builttofit #builttowin

Our spotlight on independent vehicle service businesses continues this week with a look at Hollenshade's Auto Service in Towson, Maryland. Located just north of Baltimore, brothers Tom and Tim Hollenshade are proudly running their 80 year-old family business with Tim's son, Tim Jr. We wanted to know more about their longtime success and why they recommend our AP Exhaust and Centric brake products for their customers. Learn more in the link below!

Introducing Centric PQ Pro Brake Pads! They're the industry's first application-specific solution, matching friction selection to OE rotor coatings. And like the name implies, PQ (Posi-Quiet) Pro brake pads are noise free and require absolutely no bed-in driving cycle. Our short product video gives you the full scoop.

Our Installer Profile series continues this week with a virtual visit to our customer Matthews Tire in Appleton, Wisconsin. What does it take to achieve almost 70 years (!) of business success with 7 locations in Appleton, Fond du Lac, Green Bay, Menasha and Waupaca? How do you build a business that provides jobs for almost 100 employees running service jobs on 53 lifts simultaneously? Matthews Tire President Trevor Rezner tells us more about their business and why AP Exhaust and Centric are their preferred product lines for exhaust and brakes. Thank you for your essential business Trevor and Matthews Tire Team! #builttofit #builttowin #centric #apexhaust

This week we are continuing our Installer Profile series on independent service facilities around the country like D&K Automotive in Antioch, California that proudly install AP Exhaust and Centric Brakes on their customers' vehicles. Doug and Kishla Henry started D&K in 1999 and quickly developed a 5-star reputation with their clients due to their focus on customer service and convenience. Appointments can be booked online and they offer a free shuttle ride within a 10-mile radius after you've dropped off your car. When we asked Doug what he likes best about our AP and Centric products, he answered: "Quality every time, fits right, and the brake pads are always quiet -- no squealing." We also included extra pictures of the D&K service area because a clean shop floor makes us weep tears of joy every time! Thank you for your essential business D&K Automotive! #apexhaust #centricparts #builttofit #builttowin

His nickname is "Dr. Cuda." If that does not immediately put the words "Hemi" and "6-pack" into your brain, we can enroll you into Muscle Car University where you can earn a degree in Burning Rubber! Today our AP Exhaust division would like to spotlight a longtime customer and exhaust installer, Roberts Muffler Service, located in Salem, Virginia just outside of Roanoke. Owner Dennis Roberts and his wife Ginny have been an AP Exhaust customer for over 20 years. You can read more about them and why Dennis is called Dr. Cuda in the customer profile below. Thanks for your business Roberts Muffler! #apexhaust #builttofit #builttowin

Today is "Tire Tuesday" as we continue our feature on Centric Parts' professional installers across the country. (We know, Taco Tuesdays taste better, but Tire Tuesdays smell better!) Today we want to thank Tire Outlet Auto Service in San Jose, California for their business. No matter what you drive, store owner Michael Sanchez and his 5 service technicians will take care of you. His team has recommended and installed Centric brakes for almost 20 years. Why? The quality of our products and the excellent service he receives from his local, independent warehouse distributor, Fast Undercar. Michael adds, "Sorry about the thumb in the picture. We're ASE mechanics, not photographers!" We asked Michael what his favorite car is and he responded with a classic we all love, the 1965 Mustang, sold in fastback, notchback and convertible models. He loves them all. Thank you Tire Outlet Auto Service and Fast Undercar for your essential business and for keeping America's cars and trucks on the road. Happy Tire Tuesday! #centric #tireoutletauto #fastundercar #builttowin

It's May 1st and we have all just come through an April 2020 that we'd like to forget, but will never forget. As our States slowly begin to work towards reopening local businesses, our Centric Parts and AP Exhaust divisions want to highlight some of our auto service center customers who represent the backbone of this great Country. Today we salute Tres Amigos Tires in San Jose, California. Celebrating 25 years in business this year, partners Javier & Fernando focus on fleet vehicles. Their 12 technicians can service 13 vehicles at a time and their preferred brake brand is Centric. Why? OE fit and extreme duty performance for their demanding fleet customers. Like many in our industry, Javier and Fernando have a favorite vehicle. Ferrari? No, not even close. The Ford Raptor is their favorite 4-wheeled transportation. Muchas Gracias for your business Tres Amigos! #Centric #BuilttoFit #BuilttoWin

Our AP Exhaust and Centric Parts divisions are open and here for you when you need us. Stay Safe. Stay Healthy. And Stay on the Gas.

A thoughtful Motor Age Magazine opinion piece on adapting to change in the auto repair industry: http://bit.ly/2YEXgPC

To Our AP Exhaust and Centric Parts Customers and Car Enthusiasts Around the Globe: Stay safe, stay healthy, and most importantly, stay on the gas. We'll be here for you when you need us. https://t.co/skUS8260j8

#aapex2019 Come visit us in booth booth 4010. https://t.co/UsUUZbTn2z

#CentricMatch: Now through Sept. 30, #autotechs can win our grand prizes by installing GCX #rotors and/or PQ PRO #brakepads — just take a selfie like these technicians and sign up here: https://t.co/eowSbY7SAc #brakes #autorepair #GCX #PQPROBRAKEPADS https://t.co/SevojGxvyT

#CentricMatch: Now through Sept. 30, #autotechs can win our grand prizes by installing GCX #rotors and/or PQ PRO #brakepads — just take a selfie like these technicians and sign up here: https://t.co/eowSbY7SAc #brakes #autorepair #GCX #PQPROBRAKEPADS https://t.co/8Y7fj4tgkf

#CentricMatch: Now through Sept. 30, #autotechs can win our grand prizes by installing GCX #rotors and/or PQ PRO #brakepads — just take a selfie like these technicians and sign up here: https://t.co/eowSbY7SAc #brakes #autorepair #GCX #PQPROBRAKEPADS https://t.co/H1zhtAzBWM

#CentricMatch: Now through Sept. 30, #autotechs can win our grand prizes by installing GCX #rotors and/or PQ PRO #brakepads — just take a selfie like these technicians and sign up here: https://t.co/eowSbY7SAc #brakes #autorepair #GCX #PQPROBRAKEPADS https://t.co/DHFm95PyJ3

#CentricMatch: Now through Sept. 30, #autotechs can win our grand prizes by installing GCX #rotors and/or PQ PRO #brakepads — just take a selfie like these technicians and sign up here: https://t.co/eowSbY7SAc #brakes #autorepair #GCX #PQPRO #centricpromo https://t.co/qO1oEyqDhp

Intriguing developments in the #SUV world: https://t.co/hL8BR63JFd

From turbo to tailpipe, APC manufactures durable solutions to help maximize #fleet equipment uptime and extend service life. https://t.co/WksCueoOmY #trucking #emissionscontrol #brakes

Medium-Heavy Duty

Centric Parts provides a complete line of brake and chassis products and innovative solutions for the heavy duty/commercial vehicle market. Click to learn more.

Exciting #hybrid updates could be coming for the #C8 #Corvette: https://t.co/Sj62as0zJO

The new #M3 and #M5 in the flesh? https://t.co/swPFZCyKr3

A potential game-changer in the #EV world: https://t.co/kY43gDIIE9

A thoughtful @MotorAge opinion piece on adapting to change in the #autorepair industry: https://t.co/B7N2vDuzCK #autotechs #automotiveaftermarket

One problem a lot of shops seem to inflict upon themselves is putting up too many barriers for techs to be efficient.

Here at APC, our passion for innovation has enabled us to set new standards of quality for the #automotiveaftermarket. Click here to move your business forward: https://t.co/SBhpe0j90H #brakes #emissions #autoparts

A fascinating look at the history of the iconic #BelgianGP: https://t.co/s6exeXSJsV

When #autotechs sign up for Centric Parts’ #CentricMatch promotion, they get a free T-shirt and the opportunity to win prizes with every GCX #rotor or PQ PRO #brakepad set they install: https://t.co/v9X7MhftLg h/t @Tire_Review #brakes #carcare

Exciting developments from @OfficialPagani. https://t.co/SFW2LfZiI3

New software is helping to pair #truckers with the loads and routes they want. https://t.co/aXHetqpyjv

#TechnicalTuesday: DYK? StopTech partner #GorsuchPerformanceSolutions has developed custom stainless steel caliper guards that protect our #C42 #calipers during #dirttrackracing. https://t.co/Xs64rSp8fh #carracing #brakes #latemodel https://t.co/W7nh5UpnrD

Watch as Product Manager Sean Gaffney takes us on a behind-the-scenes tour of parent company Centric Parts’ friction lab — detailing the meticulous engineering behind every product. #brakes #manufacturing #autorepair https://t.co/eHhXxOzCJc

In the market for a monster? https://t.co/fj1zm4ZhSI

Exciting #cardesign developments could be in the works at #Infiniti: https://t.co/x0iOYu2xIk

Intriguing rumors surrounding the #C8 Z06. https://t.co/VvafcgWvfn

Important #EV updates for #Colorado: https://t.co/MwPqwcK3RK

Centric Parts delivers increased performance, service life, and durability for Class 7 and 8 vehicles with the #automotiveaftermarket’s most comprehensive program of air disc brake components: https://t.co/KwQqylRkTm #fleet #fleetmanagers #trucking #brakes

The @Cadillac ATS-V lives on in @SCCAOfficial! https://t.co/xNrKAqutW8

A fascinating look at #EV manufacturing: https://t.co/5DDRZCWsW1

Get your submissions in today! https://t.co/h2fQWRXCF7

Legendary @Toyota tuning shop #PapadakisRacing thinks it can squeeze more than 1,000 HP out of the new #Supra’s @BMW #B58engine: https://t.co/M9ZqaLeozq #tuning #sportscars

An excellent read on the opportunities that await at #AAPEX19: https://t.co/OYdIZAn37D