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Fisher Auto Parts has acquired Burlington Foreign Car Parts (BFCP), it was announced today by Herb Godschalk, co-president of Fisher Auto Parts.
BFCP operates nine locations, including six in Vermont, two in New Hampshire and one in New York. Adam Glaser will stay on following the acquisition and will continue to help grow the business.
“We are thrilled to transition our family business to the very capable hands of the Fisher team and I am excited to continue working and helping to grow the business,” said Glaser. “On behalf of the Glaser family, including my parents Tom and Jill, I would like to extend our utmost thanks and appreciation for all the effort and dedication that the BFCP team has put in over the past 46 years. We also thank our very loyal customers and vendor partners for the roles they’ve had in our success.”
Burlington Foreign Car Parts (BFCP) was founded by Tom Glaser in April 1973 with a van full of Volkswagen parts. Starting as a “mom-and-pop” operation, Tom made the deliveries and his wife Jill managed the bookkeeping. Son Adam joined the company and was integral in running the business for the past 20 years.
In addition to BFCP, Fisher has added 19 other locations within the past year, comprising of 11 in Michigan, three in Vermont, and one each in Illinois, Kentucky, New Hampshire, Pennsylvania and Virginia. A member of the Automotive Parts Services Group/Federated Auto Parts, Fisher Auto Parts has approximately 500 company-owned locations and 100 independent jobbers in 18 states.
By Auto News
- Sales of $4.8 billion, Up 10.3%View the full article
We are setting up this topic to share information on any impact the current COVID-19 virus has on the auto parts industry. Sourcing, distribution, parts availability, and business impact. General questions and sharing of knowledge are welcome.
The WHO has designated this a global pandemic that is already affecting many industries, including most sectors in the automotive industry. Corporate and Independent automotive parts stores are being impacted by repair shop businesses slowing down. As you know, many parts come from China and other parts of the world, which are affected by the current pandemic.
Please share how this is impacting you and what you are seeing.
Who else is seeing industry shortages and inflation issues causing price and availability issues on auto parts? Manufacturers are short staff, supplies, and materials. Containers from China are backlogged and getting more expensive and add on top of that inflation, prices have and will continue to go up.
Chip shortages and user car prices going up, means more more for everything. New car prices are getting over sticker in some cases. Its all relative because even groceries are going up in price. Gas and oil prices as well. 🥵
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ALL PARTS ARE SHIPPED NATIONWIDE
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