KOI Auto Parts

Private
Industry Retail
Founded 1946 (1946)
Headquarters Cincinnati, Ohio, United States
Number of locations
 60 (August 2016)[1]
Products Auto Parts
Website www.koiautoparts.com

KOI Auto Parts is an American chain of auto parts stores founded in 1946 in Newport, Kentucky.[2] Today KOI Auto Parts operates more than 70 stores located throughout the US states Ohio, Kentucky, and Indiana. The corporate headquarters of KOI Auto Parts is located in Cincinnati, Ohio. KOI Auto Parts is a supplier of OE and aftermarket import, domestic, and collision replacement automotive parts, automotive refinish supplies, equipment, tools and various other parts and services.[3]

History

KOI Auto Parts originally started as Nelter Oil Company, a gas and service station, by the Neltner family, father William and sons Tony and Wilfred. In 1953 they purchased a local auto parts retailer named Kentucky Motor Service. They continued to grow, acquiring additional local auto parts retailers Wilcox Auto Parts & Savage Auto Parts, eventually changing the name of the company to KOI Auto Parts incorporating the three predominant states it did business in, K-Kentucky, O-Ohio, I-Indiana.

In 1987 KOI Auto Parts became a member of the Federated Auto Parts group. KOI Auto Parts became an ESOP, (Employee Owned) company in 1999.

In 2014 KOI Auto Parts merged with Fisher Auto Parts.[4]

Recognitions

KOI Auto Parts is the 11th largest auto parts chain in the United States as of 2013.[5] It was also named 2011 Automotive Aftermarket Industry Association Head of Class Award recipient[6][7] and "Federated Auto Parts Outstanding Marketing Member" of the Year in 2011.[8]

Sponsorships

KOI Auto Parts was the official auto parts store and sponsor of the Cincinnati Reds from 2009 through 2015. KOI also sponsors several other events and car shows including the annual Cavalcade of Customs car show held every year in Cincinnati[9][10] which was featured on the MAVTV show Two Guys Garage in 2012,[11] the Lawrenceburg Speedway,[12] and the Pumpkin Run Nationals car show.

Merger

KOI Auto Parts announced, effective April 1, 2014, that Fisher Auto Parts will acquire controlling interest in the company. However, there should be minimal visible changes to KOI Auto Parts as a result of the merger. Fisher Auto Parts now has 470 locations, plus more than 100 independent jobbers in 18 states.[4]

References

  1. ↑ "Store Locations". KOI Auto Parts. Retrieved 2012-08-17.
  2. ↑ "About Us - History " KOI Auto Parts. Retrieved on August 17, 2012.
  3. ↑ "About Us." KOI Auto Parts. Retrieved on August 17, 2012.
  4. 1 2 "Fisher Auto Parts, KOI Auto Parts Announce Strategic Merger".
  5. ↑ "Aftermarket Business World Top 25 Auto Chain Report".
  6. ↑ "2011 AAIA Head of the Class Award Winners".
  7. ↑ "KOI Auto Parts wins AAIA Award".
  8. ↑ "Federated presents outstanding member awards".
  9. ↑ "Federated member KOI Auto Parts to Host Annual Cavalcade of Customs".
  10. ↑ "America's Premier Custom Show Car Series".
  11. ↑ "KOI Auto Parts Two Guys Garage".
  12. ↑ "Lawrenceburg Speedway Sponsors".

External links


This article is issued from Wikipedia - version of the 10/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.