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National Pronto Association, Automotive Distribution Network Announce Merger
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By Counterman
O’Reilly Automotive has begun construction of its first distribution center in Mexico, company executives announced.
The company’s first “O’Reilly-prototype” DC, located in Guadalajara, will boast a footprint of approximately 370,000 square feet, according to O’Reilly COO Brad Beckham.
Beckham noted that O’Reilly is “targeting a completion date of the first half of 2023.”
“This new facility will have the ability to provide company-store and jobber distribution to the Guadalajara metro area and support growth in the surrounding region,” Beckham explained during the company’s April 28 conference call. “Our distribution teams are well-seasoned in the design, planning and construction of new facilities, and we have been very pleased with our progress in working with our leadership team in Mexico to get this project rolling in true O’Reilly fashion.”
Company leaders “continue to be excited about the growth opportunities we see in the Mexican automotive aftermarket,” Beckham added.
In late 2019, O’Reilly acquired Guadalajara-based Mayasa Auto Parts, the company’s first foray into the Mexican aftermarket. At the time of the acquisition, Maya operated five distribution centers supporting 20 Orma Autopartes stores and more than 2,000 independent jobbers throughout Mexico.
O’Reilly CEO Greg Johnson said the company’s strategy in Mexico mirrors its strategy in the United States, and company leaders are “happy with our progress in Mexico.”
“We want to make sure we’ve got the supply chain infrastructure in place before we really ramp up our store growth at a more aggressive pace, because we want that customer experience to be what it’s going to be long-term,” Johnson explained. “And we want that service level from our DC for our professional customers to be at the very highest level from Day 1. So we’re growing the market incrementally.”
As part of its strategy, O’Reilly will continue to operate under the Mayasa/Orma brand, at least for now, according to Johnson.
“We’ll transition [to O’Reilly] over time,” Johnson added.
Asked about the growth potential in the Mexican aftermarket, Johnson referenced “one of our major competitors” – AutoZone – which had 669 stores in Mexico as of Feb. 12.
Johnson concluded: “We feel like there’s a pretty big opportunity to grow our store count somewhere in that range in Mexico as well.”
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By OReilly Auto Parts
SPRINGFIELD, Mo., April 27, 2022 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue for its first quarter ended March 31, 2022, and announced the transition plan for Tom McFall, Executive Vice President and CFO.
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By Counterman
Advance Auto Parts and Building Homes for Heroes, a national nonprofit (501)(c)(3) organization, recently announced home giftings to two military veterans and their families.
Both families were in attendance for the announcement at the Supplier & Training Expo in Orlando, Florida, which was hosted by Worldpac, a subsidiary of Advance.
Founded in 2006, Building Homes for Heroes gifts mortgage-free homes to injured veterans and their families, while providing support services that help them to build their post-service lives. Homes are specially designed to help each veteran live a more productive and independent life as a civilian.
Since its inception, Building Homes for Heroes has gifted nearly 300 homes to our nation’s injured veterans.
One of the veterans receiving a home was U.S. Air Force Technical Sergeant Rahmeka Hopkins. Hopkins joined the military in 2004 because she felt it would be an honor to serve her country. She would do so for the next 15 years before being discharged in 2019.
Following her service, Hopkins was diagnosed with a rare form of cancer attributed to chemical exposure. Hopkins also suffers from severe nerve damage and full-body malignant arthritis, which has confined her to a wheelchair. Hopkins and her family’s new home in Lakeland, Florida, will be catered to her needs as she continues her brave fight against cancer.
The second recipient of a mortgage-free home is U.S. Marine Corps Cpl. Helbert Asprilla. Asprilla joined the Marines in 1997 to create opportunities for himself while giving back to a country that provided for him and his family. He would go on to serve two combat tours in Kosovo and Iraq before being discharged in 2004.
The violence Asprilla witnessed throughout years of combat left him with severe PTSD. Additionally, Asprilla suffers from bilateral tremors and tinnitus. Building Homes for Heroes gifted Asprilla, his wife and young son a new home in Cape Coral, Florida.
“At Advance, we know how important it is that we show our gratitude for our military heroes,” said Bob Cushing, executive vice president, professional, Advance Auto Parts. “In addition to employing thousands of military veterans throughout our company, our longstanding support of Building Homes for Heroes and heroes like retired U.S. Air Force Technical Sgt. Rahmeka Hopkins and retired U.S. Marine Corps Cpl. Helbert Asprilla is one of the many ways we give back to those who have done so much for all of us.”
“Our longstanding partnership with Advance Auto Parts continues to build better and brighter lives for so many of our nation’s heroes. Tonight, we added two more,” said Andy Pujol, founder and CEO of Building Homes for Heroes. “Retired U.S. Air Force Technical Sgt. Rahmeka Hopkins and retired U.S. Marine Corps Cpl. Helbert Asprilla are the latest additions to our Building Homes for Heroes family and another milestone toward surpassing our 300th home later this year and our 400th home by 2024. We can’t wait to welcome these heroes into their new homes soon.”
In 2021, Advance and its suppliers proudly raised approximately $1.5 million for Building Homes for Heroes, bringing the total contribution to nearly $17 million since 2011. The funds are used to build or modify homes and gift them, mortgage-free, to wounded veterans and their families, and many Advance team members participate in the home gifting ceremonies.
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By OReilly Auto Parts
SPRINGFIELD, Mo., April 01, 2022 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its first quarter 2022 results as Wednesday, April 27, 2022, with a conference call to follow on Thursday, April 28, 2022.
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