LKQ Corporation (''Like Kind and Quality'') is an American provider of alternative and speciality parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ sells replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles.
In December 2018, it was #300 on the list ''
Fortune 500''. In March 2017, Dominick P. Zarcone was selected to become the new President and Chief Executive Officer.
History
LKQ Corporation was founded by Donald Flynn in February 1998, with the purchase of Triplett Automotive Recycling in
Akron, Ohio
Akron () is the fifth-largest city in the U.S. state of Ohio and is the county seat of Summit County. It is located on the western edge of the Glaciated Allegheny Plateau, about south of downtown Cleveland. As of the 2020 Census, the city prop ...
. Flynn remained chairman of the corporation until his death in October 2011.
Since inception, it has greatly expanded, primarily through over 200 acquisitions of used and refurbished auto parts suppliers and manufacturers. Some major acquisitions made by LKQ are Stahlgruber, Rhiag, Euro Car Parts, Fource ADL and others.
In January 2017, LKQ Corporation announced they would be moving their headquarters of North America to
Antioch
Antioch on the Orontes (; grc-gre, Ἀντιόχεια ἡ ἐπὶ Ὀρόντου, ''Antiókheia hē epì Oróntou'', Learned ; also Syrian Antioch) grc-koi, Ἀντιόχεια ἡ ἐπὶ Ὀρόντου; or Ἀντιόχεια ἡ ἐπ ...
, a suburb of
Nashville, Tennessee
Nashville is the capital city of the U.S. state of Tennessee and the seat of Davidson County. With a population of 689,447 at the 2020 U.S. census, Nashville is the most populous city in the state, 21st most-populous city in the U.S., and ...
. They planned to move roughly four hundred employees to the new Antioch headquarters from Illinois and California. The new headquarters officially opened in December 2018.
References
External links
Companies listed on the Nasdaq
Companies based in Chicago
Automotive part retailers of the United States
Automotive companies of the United States
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