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Aftermarket car parts supplier revs up with consolidation. (Aftermarket Technology Corp.)
Crain's Chicago Business, September, 1997 by Hong, Frances
ATC finds profit in trend toward used automobiles With the used car market outpacing new car sales by a margin of 2 to 1, it's no wonder Westmont-based Aftermarket Technology Corp. is revving up record sales and planning more acquisitions. That's because Aftermarket Technology Corp. (ATC) specializes in retooling and distributing transmissions and engines - essential parts for cost-conscious used car owners.
Three-year-old ATC has been snapping up competitors, most recently acquiring Trans Mart Inc., an Alabama-based distributor of standard and automatic transmission parts and drivetrain components. That acquisition makes a total of eight companies that ATC has purchased since 1995. The company, formerly based in Seattle, moved to Westmont in April to be at the...
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