Aftermarket Auto Parts Alliance Signs IWI Motor Parts as New Shareholder Owner
SAN ANTONIO, Texas — The Aftermarket Auto Parts Alliance is thrilled to announce the signing of its newest shareholder member, IWI Motor Parts, effective April 1, 2019 (and no, we’re not joking!). IWI, based in Dubuque, Iowa, joins the Alliance as a Bumper to Bumper member.
“We are tremendously excited to welcome IWI Motor Parts as our newest Bumper to Bumper affiliate,” said John R. Washbish, president and CEO of the Alliance. “IWI’s focus on family and commitment to service makes it a great fit for the Alliance.”
IWI, which derives its name and logo from the states in which it operates (Iowa, Wisconsin, Illinois), was founded in 1962. The now second generation family-owned business began in a family station wagon that traveled to local gas stations selling filters, plugs, and other engine components.
Today, IWI Motor Parts employs nearly 240 people in the Tri-state area and operates 13 warehouses and a corporate headquarters. With service as its backbone, the company focuses on providing quality OEM parts to the aftermarket and local car dealers, according to TJ Faley, president of IWI Motor Parts.
“IWI management is looking forward to becoming a member of the Alliance,” Faley said. “The Alliance has long had a reputation for being the best buying group in the aftermarket. The Alliance integrity, honesty, and quality are characteristics we admire. IWI’s philosophy will align perfect with the Alliance Motto ‘Service is the difference, we get it.’”
Faley added IWI will also be continuing to look for opportunities that are contiguous to its existing footprint, is excited about the changes to the automotive market and looks forward to the challenges ahead.