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Balkamp company history timeline

1936

The NAPA Board of Directors formed the Balkamp Manufacturing Corporation on March 11, 1936 with an initial investment of less than $50,000.

In 1936, about $2 was spent on parts for the average one-year-old car, whereas a three-year-old car required $10 in parts.

1966

The first NAPA brand parts were introduced in 1966.

1968

To increase its slice of that business, in 1968 the firm acquired Atlanta-based John Rogers Co., a rebuilder of auto engines.

1972

1972: The company expands into Canada with the purchase of auto parts distributor Corbetts, Ltd.

1979

In 1979 the firm bought a Michigan-based industrial parts distributor, Michigan Bearing Company, to expand that segment of its business.

1981

Genuine's sales reached $1.6 billion in 1981, of which 63 percent came from the distribution of parts, 22 percent came from industrial replacement parts, and 8 percent from office-supply products.

1982

The system, developed with Data General Corp., cost $24,000 to $30,000 per complete system, and grew to include 900 jobbers by 1982.

In 1982 Genuine bought General Automotive Parts Corp. of Dallas in a stock swap valued at about $250 million.

1988

Sales for the industrial group were $547 million in 1988, with profits of $35.7 million.

1989

Since 1989 Genuine had held a minority stake in UAP, a distributor of auto and industrial parts with annual sales of $555 million.

1995

In 1995 NAPA entered into an agreement with Penske Corporation to become the exclusive parts supplier for more than 850 Penske Auto Centers.

1996

By year-end 1996, there were 5,700 NAPA stores, 750 of which were owned by Genuine Parts.

1999

Also in 1999, Genuine acquired Brittain Brothers, Inc., a NAPA distributor based in Oklahoma City that served more than 190 stores in Oklahoma, Missouri, Arkansas, and Texas.

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Founded
1936
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Headquarters
Indianapolis, IN
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Zippia gives an in-depth look into the details of Balkamp, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Balkamp. The employee data is based on information from people who have self-reported their past or current employments at Balkamp. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Balkamp. The data presented on this page does not represent the view of Balkamp and its employees or that of Zippia.

Balkamp may also be known as or be related to Balkamp, Balkamp Inc and NAPA Balkmap.