Dorman Products announces the grand opening of an additional USA-based drive shaft manufacturing facility
June 12 2024 - 7:00AM
Dorman Products, Inc. (NASDAQ:DORM) is proud to announce the grand
opening of a new drive shaft manufacturing facility in Virginia
Beach, VA (USA). A ribbon cutting ceremony to celebrate the launch
of the expansive factory at 464 Progress Lane is scheduled for
Wednesday, June 12th. The facility joins existing Dorman sites in
Reno, NV and Portland, TN that also design, manufacture and
distribute the company’s 3,600+ precision steel and aluminum
driveshafts and related driveline components in North America.
At 100,000 square feet, the new plant is five times the size of
the company’s former Virginia Beach site on Squadron Court.
According to Shiva Menon, General Manager for Dorman’s Driveline
business, the expansive new facility is representative of Dorman’s
growth in the automotive drive shaft market sector.
"We've seen increased demand for this product line, and we're
making this move to expand our capacity to produce, stock and ship
our products to better serve our customers," says Menon.
Drive shafts are safety-critical components, and efficiently
producing and shipping them quickly is a Dorman strength. The new
plant boasts an impressive array of advanced computer-controlled
machine tools, robotic welding, drive shaft balancing equipment and
testing gear, all designed to efficiently engineer and manufacture
front and rear drive shafts.
Steel and aluminum drive shafts require protective packaging to
ensure that the precise balance achieved during final testing is
maintained during shipping to Dorman customers all over North
America. The new site has a distinct area devoted solely to custom
packaging finished shafts with a new and improved packaging
method.
Eric Luftig, Senior Vice President, Product, says “Dorman
invested millions of dollars in this world-class facility in
response to our customers’ needs. The new Virginia Beach plant will
help our team of engineers and skilled tradespeople design, produce
and promptly ship some of the highest quality drive shafts in the
automotive industry.”
Luftig adds, “We’re especially proud to note that this newest
facility increases Dorman’s USA-based manufacturing footprint to
well over one million square feet nationwide. We’re a global
manufacturer with one of the most recognized names in the
automotive aftermarket. It’s especially exciting when we can create
even more great manufacturing jobs right here in the United
States.”
Visit DormanProducts.com/signup to sign up for all of
Dorman’s new product announcements, and learn more about Dorman on
our Virtual Tour at DormanProducts.com/tour.
Note: Vehicle-in-Operation (VIO) information in this press
release is based on Dorman’s analysis of third-party reports.
Contacts
- Marketing: Steve Gisondi, Vice President of
Marketing sgisondi@dormanproducts.com
- Investor Relations:
David Hession, Senior Vice President, Chief Financial
Officerdhession@dormanproducts.com
About Dorman Products
Dorman gives repair professionals, enthusiasts, and owners
greater freedom to fix motor vehicles. For over one hundred years,
we have been driving new repair solutions, releasing tens of
thousands of aftermarket replacement products engineered to save
time and money, and increase convenience and reliability.
Founded and headquartered in the United States, we are a
pioneering global organization offering an always-evolving catalog
of products, covering cars, trucks, and specialty vehicles, from
chassis to body, from underhood to undercarriage, and from hardware
to complex electronics. See our full offering and learn more
at DormanProducts.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Words such as “may,” “will,” “should,” “likely,” “probably,”
“anticipates,” “expects,” “intends,” “plans,” “projects,”
“believes,” “views,” “estimates,” and similar expressions are used
to identify these forward-looking statements. Such forward-looking
statements are based on current expectations that involve a number
of known and unknown risks, uncertainties, and other factors (many
of which are outside of our control) which may cause actual events
to be materially different from those expressed or implied by such
forward-looking statements. For additional information concerning
factors that could cause actual results to differ materially from
the information contained in this press release, please see
Dorman’s prior press releases and filings with the U.S. Securities
and Exchange Commission (“SEC”), including Dorman’s most recent
annual report on Form 10-K and its subsequent SEC filings. Dorman
is under no obligation to (and expressly disclaims any such
obligation to) update any of the information in this press release
if any forward-looking statement later turns out to be inaccurate
whether as a result of new information, future events or
otherwise.
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