MADRID, Feb. 10, 2011 /PRNewswire/ -- Federal-Mogul Corporation (Nasdaq: FDML), a global leading manufacturer of automotive original equipment technologies and leading products and services for the global aftermarket, has opened a new aftermarket distribution center in Madrid to service the Spanish market. Federal-Mogul President and CEO Jose Maria Alapont; David Zapata, managing director of the aftermarket business in Spain; and Angel Viveros, the Mayor of Coslada, today welcomed important aftermarket distributors from throughout Spain for the facility grand opening ceremony. This new, state-of-the-art warehouse, covering a surface area of over 8,000 m2, will serve the entire Spanish aftermarket. It will enable the company to strengthen its position in Spain, a market growing in strategic importance in Europe. The Spanish market currently accounts for nearly 10 percent of the company's European aftermarket business.
Federal-Mogul's full product range, including global leading brands such as Abex®, AE®; ANCO®, Beral®, Carter®, Champion®, FP Diesel®, Fel-Pro®, Ferodo®, Glyco®, Goetze®, MOOG®, National®, Necto®, Nural®, Payen®, Precision®, Sealed Power®, Speed-Pro® and Wagner® will be offered through the facility; Wagner® brake pads and MOOG® chassis components are both new to the Spanish aftermarket. The new center retains a stock of 35,000 products and handles approximately 110,000 parts monthly with capacity to grow to more than 200,000 parts monthly, using the latest state-of-the-art supply chain management, inventory control and order fulfillment technology, ensuring rapid and accurate order delivery to customers. The new Federal-Mogul Aftermarket Coslada logistic center will be initially staffed by 63 employees.
"Growing in the Spanish market is a priority for Federal-Mogul," said Alapont. "We plan to strengthen our position with Federal-Mogul's global leading brands, world-class customer service and effective program management for the extensive Spanish car parc. Spain has the sixth largest vehicle fleet in Europe and the car parc keeps growing, hence the opportunities in the replacement parts market are significantly increasing." Alapont asserted, "Through this state-of-the-art center we are reaffirming our commitment to sustainable global profitable growth by exceeding customer expectations."
Zapata explained, "Operational efficiency at the center will be enhanced by bringing together the talent of the commercial teams representing the full range of Federal-Mogul products in Spain. Customer service will be channeled through a single team in Madrid dedicated to specialized, agile service and best-in-class delivery times, supported by modern and efficient facilities."
Federal-Mogul Corporation is a leading global supplier of powertrain, chassis and safety technologies, serving the world's foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. The company's leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its sustainable global profitable growth strategy, creating value and satisfaction for its customers, shareholders and employees. Federal-Mogul was founded in Detroit in 1899. The company is headquartered in Southfield, Michigan, and employs 43,000 people in 34 countries.
Visit the company's Web site at www.federalmogul.com
* Please note accent over 'e' in Jose Maria Alapont
SOURCE Federal-Mogul Corporation