New distribution center to open in Indiana - - Aftermarket Business - Wholesaler, retailer automotive parts

New distribution center to open in Indiana

Source: Aftermarket Business

LKQ Corporation, a provider of replacement and aftermarket automotive parts, will establish a distribution center in Plainfield, Ind., creating up to 30 new jobs by 2011.

The company, which provides replacement, refurbished and recycled automotive parts to the collision and mechanical automotive aftermarket, will invest several million dollars to lease and improve an existing approximately 106,000 square-foot facility, which will house a parts distribution center.

The Chicago-based LKQ Corp. employs more than 9,600 associates at facilities across the country. The company, which will conduct business under its Keystone Automotive Industries division, plans to begin hiring drivers, clerical staff and warehouse associates in the first quarter of 2010.

"The new distribution facility will enable us to provide better service to our customers. We will be able to integrate the distribution and delivery of Keystone's aftermarket and LKQ's recycled auto parts from a single distribution center located in a prime logistics location," says Joseph Holsten, president and chief executive officer of LKQ Corporation.

Formed in 1998, LKQ and its Keystone Automotive division serve collision and mechanical repair businesses in most of the major automotive markets throughout the United States and Canada through its network of more than 300 operating locations. The company's recycled products include doors, trunk lids, engines and transmissions.

The Indiana Economic Development Corporation offered LKQ Corporation up to $175,000 in performance-based tax credits and up to $56,000 in training grants based on the company's job creation plans. The town of Plainfield will consider additional property tax abatement at the request of the Hendricks County Economic Development Partnership.

LKQ Corporation is a nationwide provider of aftermarket collision replacement products, recycled OEM products and refurbished OEM collision replacement products such as wheels, bumper covers and lights to repair light vehicles. Additionally, the company is a distributor of paint and body shop supplies. LKQ serves tens of thousands of collision-repair businesses, mechanical service shops and vehicle dealerships throughout the United States and Canada.

 

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