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Motorcar Parts of America to Report Fiscal 2023 First Quarter Results; Host Conference Call

Retrieved on:

Wednesday, August 3, 2022

Automotive Manufacturing, Manufacturing, General Automotive, Automotive, Performance & Special Interest, Alternator, Part, MPAA, Nasdaq

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company’s electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com.

Key Points:

Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company will issue results for its fiscal 2023 first quarter on Tuesday, August 9, 2022.
Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the companys financial results and operations.
The call will be open to all interested investors either through a live audio Web broadcast via the companys investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international).
For those who are not available to listen to the live broadcast, the call will be archived on Motorcar Parts of Americas website www.motorcarparts.com .

Global Small Hydropower Market Size, Share & Trends Analysis Report 2022-2030: Shifting Trends Toward Renewable Energy Sources for Electricity Production - ResearchAndMarkets.com

Retrieved on:

Monday, August 1, 2022

The "Small Hydropower Market Size, Share & Trends Analysis Report By Capacity (Up To 1 MW, 1 - 10 MW), By Type (Micro Hydropower, Mini Hydropower), By Component, By Region, And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Small Hydropower Market Size, Share & Trends Analysis Report By Capacity (Up To 1 MW, 1 - 10 MW), By Type (Micro Hydropower, Mini Hydropower), By Component, By Region, And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
Policies by the Federal Energy Regulatory Commission in order to encourage renewable sources of energy, coupled with the need to deliver energy in rural locations, are expected to foster market growth.
The micro hydropower type segment dominated the market and accounted for over 55.0% in 2021.
The micro hydropower systems consist of essential components including water conveyance channels or pipelines, turbines, pumps, alternators, regulators, and electricity distribution wiring.

Genstar Completes Sale of BBB Industries to Clearlake

Retrieved on:

Thursday, July 28, 2022

SAN FRANCISCO, July 28, 2022 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries, today announced that it has completed the sale of BBB Industries, LLC (BBB), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, to Clearlake Capital Group, L.P. Genstar will retain a minority ownership stake in BBB.

Key Points:

Genstar partnered with management to transform BBB into a global sustainable manufacturer serving automotive, industrial and renewable energy markets
SAN FRANCISCO, July 28, 2022 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries, today announced that it has completed the sale of BBB Industries, LLC (BBB), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, to Clearlake Capital Group, L.P. Genstar will retain a minority ownership stake in BBB.
BBB does business in 64 countries through five divisions with multiple sustainable manufacturing facilities and distribution centers located throughout North America and Europe.
ESG factors are a key consideration in all Genstar investments and we are encouraged with BBB offsetting approximately 100,000 metric tons of carbon emissions annually.
Genstar currently has approximately$35 billionof assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries.

Clearlake Capital Completes Acquisition of BBB Industries

Retrieved on:

Thursday, July 28, 2022

SANTA MONICA, Calif. and DAPHNE, Ala., July 28, 2022 /PRNewswire/ -- BBB Industries LLC, ("BBB" or the "Company"), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, announced today that it has been acquired by an affiliate of Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") from Genstar Capital (together with its affiliates, "Genstar"). Duncan Gillis, CEO of BBB, will continue to lead the Company supported by the existing management team. The terms of the transaction were not disclosed.

Key Points:

SANTA MONICA, Calif. and DAPHNE, Ala., July 28, 2022 /PRNewswire/ -- BBB Industries LLC, ("BBB" or the "Company"), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, announced today that it has been acquired by an affiliate of Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") from Genstar Capital (together with its affiliates, "Genstar").
"We have long admired BBB as an innovative provider of sustainable manufacturing solutions," said Ben Kruger, Senior Vice President of Clearlake.
Founded in 1987, BBB Industries, LLC is a private company headquartered in Daphne, Alabama.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies.

Global Automotive Aftermarket Trajectory & Analytics Report 2022 with Focus on Select Players - ResearchAndMarkets.com

Retrieved on:

Monday, July 18, 2022

The "Automotive Aftermarket - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Automotive Aftermarket - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Increasing vehicle population, higher vehicle life expectancy and longer car retention continue to fuel growth in the global automotive aftermarket.
Automotive electronics such as night-vision devices, global positioning systems (GPS) and reverse and parking-assist systems will become popular targets for market expansion.
This segment currently accounts for a 18.7% share of the global Automotive Aftermarket market.

EcoFlow Launches Modular Power Solutions for RVs and Off-Grid Living

Retrieved on:

Monday, June 27, 2022

LOS ANGELES, June 27, 2022 /PRNewswire/ -- EcoFlow, a portable power and renewable energy solutions company, today launched EcoFlow Power Kits for RVs and off-grid living. Simple in setup, the EcoFlow Power Kits simplify the demanding installation process of existing custom power solutions, allowing users to tailor their own settings that best fit their power needs with compact and smart modules.

Key Points:

LOS ANGELES, June 27, 2022 /PRNewswire/ -- EcoFlow , a portable power and renewable energy solutions company, today launched EcoFlow Power Kits for RVs and off-grid living.
"The EcoFlow Power Kits are designed to make creating custom power solutions easier than ever," said Thomas Chan, R&D Director at EcoFlow.
The EcoFlow Power Kits come with two basic modules the EcoFlow Power Hub, which acts as the central node for all inputs and outputs, and EcoFlow's 2K/5KWh LFP Batteries.
With fewer components, the EcoFlow Power Hub makes it easy for users to expand or scale down their own EcoFlow Power Kits.

EcoFlow Launches Modular Power Solutions for Motorhomes and Off-grid living

Retrieved on:

Monday, June 27, 2022

DELTA, Panel, Anxiety, R, Industry, Method, Risk, MPPT, DC-DC, Microsoft PowerToys, Solution, Alternator, Safety, Renewable energy, Video game console, Electric motor

BERLIN, June 27, 2022 /PRNewswire/ -- EcoFlow, a portable power and renewable energy solutions company, today launched EcoFlow Power Kits for motorhomes and off-grid living. Simple in setup, the EcoFlow Power Kits simplify the demanding installation process of existing custom power solutions, allowing users to tailor their own settings that best fit their power needs with compact and smart modules.

Key Points:

BERLIN, June 27, 2022 /PRNewswire/ -- EcoFlow , a portable power and renewable energy solutions company, today launched EcoFlow Power Kits for motorhomes and off-grid living.
"The EcoFlow Power Kits are designed to make creating custom power solutions easier than ever," said Thomas Chan, R&D Director at EcoFlow.
The EcoFlow Power Kits come with two basic modules the EcoFlow Power Hub, which acts as the central node for all inputs and outputs, and EcoFlow's 2K/5KWh LFP Batteries.
With fewer components, the EcoFlow Power Hub makes it easy for users to expand or scale down their own EcoFlow Power Kits.

Global Automotive Starter Motors, Alternators and Ignitions Market Report 2021-2036 with Exclusive Interviews with OE Suppliers - ResearchAndMarkets.com

Retrieved on:

Friday, June 24, 2022

The "Automotive Starter Motors, Alternators and Ignitions Market and Trend Analysis by Technology, Key Companies and Forecast, 2021-2036" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Automotive Starter Motors, Alternators and Ignitions Market and Trend Analysis by Technology, Key Companies and Forecast, 2021-2036" report has been added to ResearchAndMarkets.com's offering.
While stop-start systems have evolved, manufacturers of rotating electrics have also pushed back the technical boundaries of Starter Motors and Alternators.
For the top 14 markets it provides market size data and a 15-year forecast for:
Original Equipment (OE) Starter Motor, Integrated Starter-Alternator and Alternators Market.
Exclusive interviews with OE suppliers including: Ambixtra Sustainable Technologies, Autolite, Cap-XX, Delphi, Denso Europe, Federal-Mogul, Ioxus, Maxwell Technologies, NGK, Productiv, Pulstar and others.

Motorcar Parts of America to Report Fiscal 2022 Fourth Quarter and Year-end Results; Host Conference Call

Retrieved on:

Wednesday, June 8, 2022

Retail, Automotive, General Automotive, Automotive Manufacturing, Other Retail, Manufacturing, MPAA, Alternator, Part, Nasdaq

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company’s electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com.

Key Points:

Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company will issue results for its fiscal 2022 fourth quarter and year end on Tuesday, June 14, 2022.
Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the companys financial results and operations.
The call will be open to all interested investors either through a live audio Web broadcast at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international).
For those who are not available to listen to the live broadcast, the call will be archived on Motorcar Parts of Americas website www.motorcarparts.com .

Motorcar Parts of America to Present at 22nd Annual Oppenheimer Consumer Conference

Retrieved on:

Tuesday, June 7, 2022

Aftermarket, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Alternative Vehicles, Fuels, Conference, MPAA, Security (finance), U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Part, Nasdaq, Risk, SEC, Alternator

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company’s electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com.

Key Points:

Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it is scheduled for a fireside chat presentation on Wednesday, June 15, 2022 at 9:45 a.m. Eastern time at the 22nd Annual Oppenheimer Consumer Growth & E-Commerce Conference being held this year in a virtual format.
A live audio webcast of the discussion will be available through the link www.motorcarparts.com and archived for a period of 30 days.
About Motorcar Parts of America, Inc.
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements.