Federal-Mogul Renews Agreement to Provide Parts Plus w/
Fel-Pro Gaskets
SOUTHFIELD, Mich., March 20 Federal-Mogul Corporation
, has renewed an agreement with Parts Plus to supply the parts
distributor with Fel-Pro(R) gaskets. The three-year agreement is estimated to
be worth a total of nearly $50 million.
It is the second major supply agreement with Parts Plus announced by
Federal-Mogul in recent months. In November 2000, Federal-Mogul renewed an
agreement to provide Parts Plus with Moog chassis parts, a commitment worth an
estimated $60 million over three years.
"This latest contract demonstrates our members' strong desire to maintain
Fel-Pro as their gasket of choice," said Michael Lambert, president of Parts
Plus. "Our members are committed to providing their customers with high-
quality, brand name auto parts from leading manufacturers. The performance
and quality of Fel-Pro parts have been excellent, which is why professional
installers continue to rely on them."
Federal-Mogul has been partners with Parts Plus on various brands for more
than 22 years, according to Robert Egan, Federal-Mogul's vice president,
aftermarket sales, Americas. "We're looking forward to continuing to provide
Parts Plus members with our broad range of Fel-Pro gaskets," Egan said. "Fel-
Pro is the most requested underhood brand, and one of the strongest, most
recognizable brands in the aftermarket. We strive to continuously bring
innovation both to our products and to the ways we serve customers."
For more than 80 years, Fel-Pro products have relied on superior
engineering and advanced materials to deliver preferred sealing solutions for
virtually any engine application, from domestic and import passenger cars and
light trucks to NASCAR racing teams and heavy-duty vehicles. Today, through
the pioneering use of head gasket technologies and a newly expanded line of
installer-friendly PermaDryPlus gaskets, Fel Pro products remain leaders in
the science of engine sealing.