FleetPride Purchases Automotive Brake Co. of Newburgh, Inc.
THE WOODLANDS, TX – With the completion of the acquisition of Automotive Brake Co., FleetPride has added 23 U.S. retail locations during 2008.
THE WOODLANDS, TX – FleetPride, Inc. has acquired Automotive Brake Co. of Newburgh, Inc. Newburgh has been in business since 1932 and has two locations in New York State, a 28,841-square-foot New Windsor facility and a 4,800-square-foot facility in Port Ewen.
Automotive Brake was purchased in 1991 by Joe Fischera and Steve Nordahl. Fischera will stay on as assistant area manager for both of the acquired locations and FleetPride has extended employment offers to all Automotive Brake employees.
"With the completion of this acquisition, FleetPride added 23 U.S. retail locations during 2008," said Mike Paxton, vice president business development and strategic planning. "A component of our strategy is to continue to expand our national footprint in 2009."
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