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CENTRIC PARTS CELEBRATES TENTH ANNIVERSARY
Los Angeles (June 2010) –-ions, hits a major milestone at the end of the month when the company reaches its tenth anniversary on June 30th.
"We are of course thankful that our dedication to innovation and customer service at Centric Parts has provided a rewarding first decade for the company and its customers,” stated Dan Lelchuk, President of Centric Parts.
The company was founded in 2000 in Southern California and has enjoyed solid growth every year since, including a 12% jump in aftermarket sales in 2009. Today the company operates multiple warehouse and manufacturing facilities totaling 438,000 square feet and exceeding 550 employees.
From an initial catalog with 14,000 part numbers, Centric Parts dedication to research and development has swelled the company’s catalogs to nearly 45,000 items. The company has one of the industry’s best programs for tracking and cataloging original equipment and the Centric Parts catalogs now support nearly every make and model from passenger cars to medium duty trucks manufactured since 1937.
In the process, the company has earned a string of braking technology patents, has been repeatedly awarded by the Friction Materials Standards Institute for excelling in actively contributing information and research to support a standardized part numbering system, and has earned the highly coveted TÜV approval on several big brake kits. Centric Parts has also racked up an ongoing string of industry awards that highlight the company’s quality sales force, efficient order fill process, great cataloging and quality products.
“Centric Parts has unswervingly stuck to our Right Part, Right Place, Right Time philosophy with great results,” summarizes Lelchuk. “That will remain Centric Parts’ mantra for the next ten years and beyond.”
Originally focusing on replacement parts for everyday use, Centric parts has aggressively expanded into the performance market by acquiring StopTech as the ultra-performance division in 2006 and Power Slot in 2007 as the performance division. More recently, Centric Parts has expanded its offering to include wheel hubs, bearings, and bearing components.
Centric Parts ( www.centricparts.com) continually innovates significant improvements to brake technology to provide superior performance, quality and value. Centric Parts offerings include Posi Quiet premium Metallic, Ceramic and Extended Wear formulas, an OE product line, plus C-TEK standard grade materials. StopTech ( www.stoptech.com), Centric’s ultra performance division, is a leading innovator of world class brake components and systems for production-based racing cars and high performance vehicles on the street and track. StopTech offers complete Big Brake Kits as well as a range of high performance calipers, AeroRotors, AeroHats, steel braided Teflon brake lines, and high performance brake pads. Power Slot ( www.powerslot.com), Centric’s performance division, focuses on entry level brake upgrade solutions including the award-winning Power Alloy Enhanced Brake Rotor, and pioneered direct fit performance rotors for trucks, SUVs and severe duty vehicles.