Keystone Automotive Operations Inc., parent to NTP Distribution Inc., announced that Weather Guard and Federal Mogul will serve as title sponsors at the company’s annual trade shows during the coming year.
According to a press release, for the third year Weather Guard is sponsoring the Midwest BIG Show, which will be held Feb. 9 at the Gaylord Texan Resort and Convention Center.
Federal Mogul is the title sponsor for Keystone’s Northeast BIG Show, set to run Feb. 23 at New Jersey’s Atlantic City Convention Center. This is the third year for the Federal Mogul sponsorship and the second year that the Northeast BIG Show will be held in Atlantic City.
“Federal Mogul and Weather Guard have been exceptional partners to Keystone, and we are thrilled to have them as the title sponsors of our BIG Shows for the third year in a row” said Ed Orzetti, CEO of Keystone Automotive.
Weather Guard will showcasing its van storage solutions this year, which are designed specifically to maximize on-the-job productivity. Visitors to the Weather Guard booth will also be able to participate in many special deals, including a merchandising makeover promotion.
Federal Mogul will be displaying several new products this year, highlighted by the addition of the Wagner Brake, the next generation in ceramic brake technology. Other brands include Anco, Carter, Champion, Fel-Pro, MOOG, National, Precision, Sealed Power, Speed-Pro Wagner Brake Product and Wagner Lighting.
The Keystone Northeast and Midwest BIG Shows are premier events in the automotive aftermarket offering attendees the opportunity to interact with both Keystone associates and manufacturers, see new products and in-store merchandising displays and participate in exclusive buying and promotional opportunities.
Private equity firm Platinum Equity is exploring a sale of Keystone Automotive Operations Inc., which makes specialty auto parts and is also parent to NTP Distribution Inc.
According to a Reuters report citing “three sources familiar with the matter,” Platinum Equity, which acquired Keystone through an out-of-court debt restructuring in 2011, has hired investment banks Baird and UBS to run a sale process that could fetch between $400 million and $500 million.
Representatives for Platinum, Keystone, UBS and Baird were not immediately reached for comment. The sources declined to be named because the matter is not public.
Exeter, Pa.-based Keystone sells aftermarket automotive equipment and accessories in North America, such as light truck accessories, specialty wheels, tires and suspension parts and high performance products. It acquired NTP in October of 2011.
Keystone changed hands among private equity owners a few times over the past decade.
Private equity firm Bain Capital LLC bought Keystone in 2003 from investors led by buyout firm Advent International.
But the company, which makes discretionary items tied to the economic cycles, grappled with the recession in the following years and Bain’s equity was wiped out when Keystone agreed to an out-of-court restructuring in 2011.
Platinum Equity, one of the company’s bondholders, acquired a majority interest in Keystone by converting its debt to equity.
NTP Distribution Inc. recently announced that Donna Martin has been promoted to director of marketing. According to a press release, Martin will be responsible for NTP’s marketing, publications and SMART services.
Martin, who earned a master’s in psychology, has over 30 years experience in the RV industry working in retail and wholesale distribution. Most recently, she was category manager with Keystone Automotive Operations Inc., which acquired NTP last October, and successfully supported the company’s launch into the RV industry.
NTP, based in Wilsonville, Ore., said that Martin will be officially assuming her new role July 9.
NTP Distribution Inc. announced the addition of Home & Road mattresses, a private label brand developed with The Mobile Outfitters, a division of Lippert Components Inc. According to a press releasee, the mattress line is exclusively distributed through Wilsonville, Ore.-based NTP.
The product line is currently available for delivery only and marks the first private label offering for NTP utilizing its new fleet services resulting from its acquisition by Keystone Automotive Operations Inc. last year.
“We’re excited about this new line,” said NTP President Greg Boyd. “Big, bulky products like mattresses can be problematic to ship, often making it cost-prohibitive for a lot of customers. Because of our new logistics capabilities, we can deliver this cheaper, faster and better than anyone in the industry.”
The new line was one of many new offerings the company had at their show last week in San Diego and is expected to be a big boost to their product mix.
“We wanted to partner with Lippert because we knew they could provide the kind of quality we know our customers expect, at price points that keep them competitive,” said Mark Jenson, NTP’s vice president of sales and marketing. “We anticipate this addition being a big win for us this year.”
Attendance at NTP Distribution Inc.’s 2012 National Dealer Conference was the largest the industry distributor has seen in its 30-plus years of shows, more than doubling in size from just two years ago, according to a press release.
The show, which marked the Wilsonville, Ore.-based company’s 50th year of operation, ran February 21-23 at the San Diego Convention Center.
Greg Boyd, president of NTP, attributed the dramatic attendance increase to several factors beyond the excitement over the company’s milestone and its recent acquisition by Keystone Automotive Operations Inc.
“A lot of factors outside of it being our 50th have combined to make this an incredibly successful event,” he said. “Of course, everyone’s excited about our recent partnership with Keystone, but there’s a lot of interest in the new product lines we’re offering. I also think we’re starting to see dealer confidence rise as the economy starts to level out.”
The three-day event began with a full day of vendor workshops and product training seminars along with a cocktail reception to preview the show floor. The next day the company celebrated their 50th anniversary with dinner and entertainment on-board the USS Midway. The final day of show activity included lunch with an address by Boyd.
NTP launched several new initiatives including Home & Road, the company’s first private label mattress offering, a truck accessories program designed to help RV dealers expand their product mix, and several new marketing initiatives, including an exclusive on-demand marketing portal.
Ed Orzetti, CEO of Keystone Automotive Operations, called the conference a huge success, echoing the feedback from both vendors and dealers alike.
“This has been my first opportunity to attend an NTP show,” Orzetti said. “Not only was the venue phenomenal, the energy in the room was contagious. NTP puts on a first-rate conference.”
NTP will return to San Diego for their 2013 show. For more information about NTP Distribution, visit www.ntpdistribution.com.
NTP Distribution Inc. continues to grow its service area since its acquisition by Keystone Automotive Operations Inc., adding fleet routes in parts of New Hampshire, Massachusetts, Vermont and Texas.
According to a press release, the new next-day service will run 3-5 days a week, depending on location, beginning Dec. 12. As with the company’s other fleet offerings, this new service has an extended order cut-off time of 6 p.m. ET/CT.
“This rapid growth, including our new presence in the Northeast, positions us to be the leaders in our industry,” said Mark Jenson, vice president of sales and marketing for Wilsonville, Ore.-based NTP. “We’re pleased to see these changes having such a positive impact on our business and our customers.”
NTP is a national supplier of aftermarket products, parts and accessories for dealers in the RV and hitch and tow industries. The company has 200 employees and five distribution centers across the U.S.
Wilsonville, Ore.-based NTP Distribution Inc. announced that its new distribution center in Exeter, Pa., will begin servicing customers on today Dec. 5. The new facility is the company’s sixth and will provide customers in the region access to a complete inventory selection of RV parts and accessories.
In addition to the opening, NTP will begin next-day fleet service to RV customers in the Northeast, including areas in Maryland, New York, Pennsylvania, Delaware, Virginia, New Jersey and Connecticut. This new service will run three to five days a week beginning Dec. 7.
NTP will also leverage Keystone Automotive Operations Inc.’s dedicated fleet to begin next-day service three days a week to regions in Alabama, Mississippi and Tennessee starting on Dec. 5. Keystone acquired NTP in late October.
Both fleet offerings will offer an extended order cut-off time of 6 p.m. (Eastern).
NTP Distribution Inc., in partnership with Keystone Automotive Operations Inc., announced the addition of Gree air conditioners to its product mix.
According to a press release, the launch marks the first aftermarket air conditioner offering for the company since the exit of Carrier from the market.
“We’ve partnered with Gree because they are the largest producer of air conditioners on the planet,” said Greg Boyd, president of Wilsonville, Ore.-based NTP. “They are not an electronics company who decided to cross over into air conditioning. They are air conditioning professionals who bring their expertise to the industry.”
NTP anticipates inventory being available in the first quarter of 2012.
“Far beyond being an ‘off the shelf’ air conditioner” adds Raymond Padgett, Category Manager for Keystone, “Gree has an organization that that designs, test and produces air conditioners. With three R&D organizations, 4,500 engineers and 300 laboratories, it is easy to see why they have produced over 3,000 technical patents. Gree is not a duplicator, they are truly an innovator.”
Wilsonville, Ore.-based NTP Distribution Inc. has expanded next-day fleet delivery service to regions in North Carolina, South Carolina, Kentucky, Virginia and West Virginia, the latest in a series of announcements following the company’s acquisition by Keystone Automotive Operations Inc.
Using Keystone Automotive’s company-owned fleet, the new service will be delivering to RV customers between three and five business days a week, starting Nov. 21. According to a press release, this enhanced offering also extends delivery cut-off times from 5-6 p.m. (Eastern).
NTP and Keystone view the continued expansion as key for their focus in the RV industry.
“We’ve been around for 50 years because we’re passionate about seeing our RV partners succeed,” said Greg Boyd, president for NTP. “This new partnership with Keystone is helping us enhance service to the RV industry and allowing our customers to grow with us.”
Ed Orzetti, president and CEO of Keystone, added that the partnership allows Keystone to focus on servicing its distinct customer bases with the products and expertise they uniquely require. “Bringing this type of service level to RV customers in the Southeastern US, is how we intend to leverage our strong logistics and distribution capabilities in a way that lets NTP offer dealers in this particular market a much stronger value proposition,” he said.
Wilsonville, Ore.-based NTP Distribution Inc. today (Nov. 11) announced expanded next-day fleet delivery service to Florida beginning Nov. 14.
This new three-day offering utilizing Keystone Automotive Operations’ dedicated fleet will provide next-day service to new and existing customers in the service area. Delivery cut-off times have also been extended from 5 p.m. to 6 p.m. (Eastern).
“Our customers are really excited by our new support in this area,” said NTP Regional Sales Manager Fred Strange. “Florida is an important market, and we’re happy we can provide this level of service.”
NTP previously announced similar capabilities in Arizona, Georgia, South Carolina, Tennessee and Alabama as they continue to leverage the new partnership with Keystone.
Wilsonville, Ore.-based NTP Distribution Inc. announced that it will begin servicing customers in the Northeast with a new distribution center in Exeter, Pa., before the end of this year, according to a press release.
The company said the move represents “the latest indication of the benefits customers will gain from NTP’s integration with Keystone Automotive Operations,” giving customers access to a complete selection of inventory housed in Keystone’s 800,000 square-foot warehouse in Pennsylvania. The new distribution center will round out a national presence for NTP in all regions of the country.
In addition to utilizing the current Pennsylvania warehouse, NTP said it will also “leverage Keystone’s fulfillment and logistics capabilities.” Upon opening of operations in Pennsylvania, NTP’s Northeast customers will enjoy the broadest product offering, improved cutoff times for ordering and next day delivery on Keystone’s dedicated fleet trucks.
“NTP’s expansion into the Northeast is a significant step in our overall strategy,” said Keystone Automotive Operations CEO Ed Orzetti. “Leveraging our combined strengths positions NTP to become the national leader in RV aftermarket parts and accessories distribution.”
In recent years, NTP has been focused on expanding their operations into a national presence, most recently adding a facility in Austell, Ga., in 2010. According to Greg Boyd, president of NTP, expansion into the Northeast has long been a part of NTP’s roadmap.
“The Northeast is a crucial market for NTP and one we’ve been planning to enter holistically for a long time,” said Boyd. “One of the most exciting things about our partnership with Keystone is our ability to grow much quicker than we would have otherwise been able to.”
Wilsonville, Ore.-based NTP Distribution Inc. today (Nov. 3) announced expanded next-day fleet delivery service to regions in Georgia, South Carolina, Tennessee and Alabama, beginning Nov. 7.
Using Keystone Automotive Inc.’s company-owned fleet, the new service will be delivering to RV customers three business days a week in most areas. This enhanced offering also extends delivery cut-off times from 5-6 p.m. (Eastern).
“We continue to see great opportunities to grow our reach and service offerings,” said Greg Boyd, president of NTP, concerning the recent partnership with Keystone. “We are looking forward to all the exciting changes our customers will see in the weeks and months to come.”
According to Mark Jenson, NTP vice president of marketing and sales, the company “remains focused on leveraging their new abilities to offer customers the best service in the industry.”
NTP Distribution is a national provider of quality aftermarket products, parts and accessories for dealers in the recreational vehicle and hitch and tow industries.
When NTP Distribution was founded in 1961 to provide parts and accessories to RV dealers in the Pacific Northwest, the company employed five people — who delivered parts in an old station wagon. Five decades later, the Wilsonville, Ore.-based company employs more than 200, and deliveries are made using a fleet of trucks dispatched from five distribution centers throughout the U.S.
But while a lot has changed, the company still adheres to its commitment to building long-lasting relationships with its dealers and vendors — and will be celebrating both at its Legendary 50th Anniversary and Dealer Conference, Feb. 20-24 at the convention center in San Diego.
“Response to the conference from our dealers and vendors has been phenomenal,” said Marni Drew, marketing manager for NTP. “We’re still in the planning stage, and are excited to have Keystone Automotive at our show. We expect it to be our biggest show yet — in fact, we anticipate having to turn people away.”
According to Drew, the reason for the increased enthusiasm for this show is twofold.
“We saw a ton of interest initially as people realized it was our 50th anniversary conference, but now we’re seeing a lot of excitement being generated by our recent partnership with Keystone.”
NTP Distribution announced it was being acquired by Keystone Autmotive Operations Inc. on Oct. 20. Under the agreement, Keystone intends to roll its current RV division into NTP, which will then assume the distribution of RV parts and accessories for both NTP and Keystone customers. According to a release, Keystone will be the parent company, with Ed Orzetti, president and CEO at Keystone, at the helm of the combined organization and Greg Boyd continuing as president of NTP. NTP Distribution’s senior management team also remained unchanged.
“The only changes have been positive,” Drew said of the acquisition. “We recently rolled out next-day fleet service in Arizona, and eventually plan similar rollouts across the country. The partnership allows us to enhance our customer service to an even greater degree.”
The 2012 conference starts each day’s activities with a breakfast at the convention center, followed by vendor workshops and the parts and accessories show. Motivational sales and training speaker Garrison Wynn delivers the keynote address Tuesday, and the conference includes a 50th Anniversary Lunch and Dealer Awards on Thursday.
As part of the celebration, NTP will be hosting a dinner Wednesday night aboard the legendary USS Midway, an aircraft carrier that served its country in both the Vietnam War and Operation Desert Storm.
For additional information, contact Amy Clancy at (503) 570-5455 or firstname.lastname@example.org .
NTP Distribution Inc. announced that, as part of its recent integration with Keystone Automotive Operations, the company will provide next-day delivery using Keystone’s company-owned fleet to service RV customers in the Phoenix metro area beginning Oct. 31.
Exeter, Pa.-based Keystone Automotive, a retailer and wholesale distributor of aftermarket automotive accessories and equipment in the U.S., Canada and overseas, acquired NTP on Oct. 20. NTP, based in Wilsonville, Ore., is a national provider of aftermarket products, parts and accessories for dealers in the recreational vehicle and hitch and tow industries.
According to a press release, for NTP customers receiving this service, the deliveries will now be made next day, four business days per week. This enhanced service also enables these customers to have an extra hour to place orders and receive next-day delivery. The cut-off time has been extended from 5-6 p.m. Pacific time.
“This is the first of many positive changes to come from our new partnership with Keystone Automotive,” said Greg Boyd, president of NTP. “I look forward to providing even more value and service for NTP’s customers through this new opportunity.”
Over the coming weeks and months, NTP and Keystone plan to announce expanded service offerings in this and other geographic areas. Mark Jenson, NTP’s vice president of sales and marketing stated, “While this initial enhanced service offering won’t reach all our customers in the Phoenix area, we’ll be diligently working to expand the service area there in the near future.”
NTP Distribution, Inc. and Keystone Automotive Operations, Inc. today (Oct. 20) announced a definitive agreement through which Wilsonville, Ore.-based NTP, a national distributor of aftermarket parts and accessories for dealers in the RV, hitch and tow industries, will be acquired by Keystone Automotive, according to an NTP release.
NTP, founded in 1962 by Wallace J. Lewis as Northwest Trailer Parts, currently has 200 employees and five distribution centers across the U.S.
Exeter, Pa.-based Keystone and its affiliates are retailers and wholesale distributors of aftermarket automotive accessories and equipment in the U.S., Canada and overseas. Operating a fleet of more than 300 delivery trucks, Keystone distributes specialty automotive accessories and high-performance products to a fragmented base of approximately 15,000 customers.
Under the agreement, the release stated, Keystone’s current RV Division will roll into NTP’s, which will then assume the distribution of RV parts and accessories for both NTP and Keystone customers. Keystone will serve as the parent company, while NTP will “continue to service the RV industry under the same name with the same commitment to customers and service.”
Keystone President and CEO Ed Orzetti will lead the combined organization. Greg Boyd will continue to serve as president of NTP, reporting to Orzetti and serving as a member of Keystone’s senior leadership team. NTP Distribution’s senior management team will all continue in their current functions, reporting to Boyd.
“The sale is a positive outcome in our continuing efforts to seek new strategies, new regional markets and additional capital in order to better serve our customers and to stay competitive in our market,” said Boyd, adding that he looks forward to continuing to lead NTP to “new opportunities and successes” as a part of Keystone.
“This acquisition rapidly expands our growing customer base and our product portfolio in the RV industry,” added Orzetti.
NTP will be seeking to grow its business and geographic reach, not cut back, the NTP release reported, noting that “each of NTP’s employees has RV market expertise that will be needed to provide stability during the transition and support growth in the coming months.”
The release stressed that customers should also see little immediate impact in their dealings with either company, and that all existing contacts will remain in place until further communicated.
“We believe this transition will benefit our customers, suppliers, and the RV industry,” said Mark Jenson, vice president of sales and marketing for NTP. “The integration of Keystone and NTP will enable us to support even more efficient and effective aftermarket operations.”