Genuine Parts to Distribute Altor’s ICON Trailer Lock to NAPA and Other Customers
The ICON is becoming iconic! We're pleased to partner with Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts.
Automotive, Travel, Boat, and Utility trailer and property theft is on the rise in the U.S. along with other vehicles and cargo. According to recent reports:
- 67,095 trailers were reported stolen in 2022, but only 36% of them recovered, according to Detective Charles Warner with the Arizona Department of Public Safety Multi-Agency Vehicle Theft Task Force;
- 2023 cargo thefts were up more than 57% according to CargoNet;
- 2023 car thefts topped 1 Million for the first time since 2008 according to an April 2024 report from the National Insurance Crime Bureau.
"We are thrilled and honored to work with Genuine Parts Company," said Larry Thomas, Altor Locks Chief Revenue Officer. "This partnership expands our reach in one of our four key verticals – Automotive. Marine, RV/Camping, and Utility trailers are the others."
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