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MPA Launches Brake Caliper Line

Motorcar Parts of America (MPA) is expanding its automotive aftermarket brake product offerings with the introduction of brake calipers. “We have significant initial customer commitments representing approximately $30 million for the remainder of the current fiscal year,” Selwyn Joffe, chairman, president and CEO, said in an announcement dated Aug. 6. “We are attracting additional strong interest for this product and look forward to fully ramping up production, growing this category and reporting milestones as fiscal 2020 evolves.”

Joffe also stated that the launch of a brake caliper program complements MPA’s current braking system products and is consistent with management’s strategy to leverage the company’s expanding manufacturing footprint in Mexico. He added that “the launch of this product line solidifies our position as a full-line brake supplier, which provides the company with solid growth opportunities and favorable financial metrics.”

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