Article: STANDARD MOTOR PRODUCTS ACQUIRES PIK-A-NUT CORPORATION

NEW YORK, Feb. 14 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP) announces it has acquired the assets of PIK-A-NUT Corporation. Located in Huntington, Indiana, PIK-A-NUT Corporation distributes a complete line of general fasteners, brass fittings, expansion plugs and clamps primarily to the automotive aftermarket in both retail and bulk packaging. PIK-A-NUT Corporation revenues in 1994 were $4.1 million. This acquisition will expand the capability of Standard's Champ Service Line Division to supply a full ...

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