KOI Auto Parts
| File:KOI Auto Parts logo.svg | |
| Company type | Privately held |
|---|---|
| Industry | Retail |
| Founded | 1946 |
| Headquarters | , United States |
Number of locations | 60 (November 2020)[1] |
| Products | Automotive Parts |
| Website | www |
KOI Auto Parts is a US-based automotive parts retail chain established in 1946 in Newport, Kentucky.[2] Presently, KOI Auto Parts manages 60 outlets across the states of Ohio, Kentucky, and Indiana. The headquarters is situated in Newport, Kentucky. The company specializes in supplying both OEM and aftermarket replacement parts and accessories for domestic and imported vehicles, along with automotive refinish materials, tools, equipment, and a variety of related products and services.[3]
History
The origins of KOI Auto Parts trace back to Nelter Oil Company, a gas station and service center founded by William Neltner and his sons Tony and Wilfred. In 1953, they expanded by acquiring Kentucky Motor Service, a local auto parts store. The business continued its expansion by purchasing Wilcox Auto Parts and Savage Auto Parts. Eventually, the company was rebranded as KOI Auto Parts, reflecting its primary operating regions: Kentucky (K), Ohio (O), and Indiana (I).
In 1987, KOI Auto Parts joined the Federated Auto Parts network. Later, in 1999, it transitioned into an ESOP, becoming employee-owned.
The company merged with Fisher Auto Parts in 2014.[4]
Recognitions
As of 2013, KOI Auto Parts ranked as the 11th largest automotive parts chain within the United States.[5] It earned the Automotive Aftermarket Industry Association’s Head of Class Award in 2011,[6][7] as well as being honored as the "Federated Auto Parts Outstanding Marketing Member" in 2011.[8]
Sponsorships
From 2009 until 2015, KOI Auto Parts served as the official auto parts retailer and sponsor for the Cincinnati Reds. Additionally, KOI supports a variety of events and automotive exhibitions, such as the yearly Cavalcade of Customs car show hosted in Cincinnati,[9][10] which was spotlighted on the MAVTV program Two Guys Garage during 2012.[11] The company also supports the Lawrenceburg Speedway,[12] along with the Pumpkin Run Nationals car exhibition.
Merger
On April 1, 2014, KOI Auto Parts declared that Fisher Auto Parts would obtain a controlling stake in the business. Following this acquisition, Fisher Auto Parts operates 470 stores in addition to over 100 independent jobbers across 18 states.[4]
References
- ↑ "Store Locations". KOI Auto Parts. Retrieved 2012-08-17.
- ↑ "About Us - History " KOI Auto Parts. Retrieved on August 17, 2012.
- ↑ "About Us." KOI Auto Parts. Retrieved on August 17, 2012.
- ↑ 4.0 4.1 "Fisher Auto Parts, KOI Auto Parts Announce Strategic Merger".
- ↑ "Aftermarket Business World Top 25 Auto Chain Report".
- ↑ "2011 AAIA Head of the Class Award Winners". Archived from the original on 2012-10-26. Retrieved 2012-08-17.
- ↑ "KOI Auto Parts wins AAIA Award". Archived from the original on 2014-04-07. Retrieved 2012-08-20.
- ↑ "Federated presents outstanding member awards".
- ↑ "Federated member KOI Auto Parts to Host Annual Cavalcade of Customs".
- ↑ "America's Premier Custom Show Car Series".
- ↑ "KOI Auto Parts Two Guys Garage". Archived from the original on 2012-11-03. Retrieved 2012-08-20.
- ↑ "Lawrenceburg Speedway Sponsors".
External links
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