Standard Motor Products Inc - Company Profile
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Standard Motor Products Inc (SMP) manufactures and distributes motor vehicle replacement parts. The ability to have a domestic market presence, business performance of the engineered solutions segment, and distribution network are the company’s major strengths. Dependence on a limited number of key customers could be causes for concern. The global outlook of AWD and Non-AWD components, expansion of product line, and global sensors market are likely to offer growth opportunities for the company. However, competition, raw materials risk, and seasonality of operations could affect its business operations.
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