Standard Motor Products Inc - Company Profile
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Standard Motor Products Inc (SMP) manufactures and distributes motor vehicle replacement parts. The ability to have a domestic market presence, business performance of the Engine Management segment, and distribution network are the company’s major strengths. Dependence on a limited number of key customers and an increase in debt could be causes for concern. The global outlook of 4WD and AWD, expansion of product line, and acquisition of Kade Trading GmbH are likely to offer growth opportunities for the company. However, competition, raw materials risk, and seasonality of operations could affect its business operations.
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