Greenville Technology and the Auto Parts Industry
Greenville technology is a large part of the local economy. It’s home to many high-tech companies like NTT Data, Alorica, Mattel and Genesis 10 that hire tens of thousands of workers in the area.
Those who want to start a tech company can find a number of resources in Greenville that help them along the way. From accelerators and investors to incubators, there’s a lot of support available in the city for entrepreneurs.
Automotive Parts Manufacturer
Motor vehicle and parts manufacturing remains a steady employer for many American workers. According to the Motor & Equipment Manufacturers Association (MEMA), jobs in this industry increased 19% between 2012 and 2017.
These establishments are involved with designing, developing, manufacturing, selling, and servicing motor vehicles. Their operations range from small parts plants to massive assembly plants that employ thousands of workers.
The automotive industry is a global business. There are hundreds of thousands of companies around the world who manufacture auto parts.
Before a car is manufactured, it goes through many preparatory stages, including market survey, modeling, prototype building, and testing and evaluation. These processes ensure the final product meets engineering specifications and price requirements.
Auto Parts Distributor
A top of the class Auto Parts Distributor provides consumers with a plethora of new and used automotive products and services. Among them are high tech products that make cars smarter, more efficient and safer to drive, as well as old fashioned repairs and maintenance. A few standouts in this industry include the largest ecommerce site in the world, AutoAnything Brands, and the best name in retail, AutoZone.
This industry consists of 8,100 companies that generate $192 billion in revenue. It’s a vast and complex industry with many players, ranging from multi-national corporations to small entrepreneurial startups. It’s also a remarkably fragmented and competitive industry. The industry’s most impressive feat is its ability to compete with other industries for talent, capital and technology. Despite these challenges, the auto parts distributor has become the engine of economic growth in the United States. Its main competitors are the automotive manufacturing sector and the warehousing and logistics industry.
Auto Parts Supplier
An auto parts supplier is a company that not only distributes replacement parts to automotive dealers but also installs and services them. This includes a wide variety of products including engine and brake parts, electrical components, and more.
A good auto parts supplier must be able to offer product quality, quick delivery and competitive pricing. While these are the bare minimum requirements, dealership owners say theyāre most concerned about the supplierās ability to satisfy their customers and their bottom line.
The world of auto parts is huge and crowded. However, it remains an industry that requires a high level of expertise and quality. Global suppliers such as Magna and Denso have carved out a large share of the market.
Auto Parts Manufacturer
The auto parts industry consists of many different companies, including manufacturers, distributors, and suppliers. Several of the largest companies are based in Germany and the United States.
Manufacturers produce the original equipment, or OE, parts that are meant for assembly on vehicles in production. They also manufacture aftermarket, or after-sale, parts that are built to replace faulty OE parts.
These types of companies are the backbone of the industry, providing the supplies that keep vehicles on the road. These businesses have the potential to create thousands of jobs in Greenville, and they pay above-average wages for their employees.
Distribution, logistics, and transportation companies are also growing in the Greenville-Spartanburg metro area. This industry now represents a fifth of all jobs in the state and is driven by low labor costs and an ideal infrastructure network for commercial cargo and freight transportation. Hundreds of millions of tons are moved by truck, train, and airplane each year in the Palmetto State.
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