Windjammer and the management team of BBB Industries (BBB) have made a follow-on investment commitment of $25 million to support the expansion of BBB's business. Windjammer's additional investment in BBB is in support of the company developing a major new customer relationship with NAPA Auto Parts, an industry leading automotive aftermarket supplier with over 6,000 locations nationwide.
Windjammer's original investment in BBB was made in June, 2007 along with executive management to support the recapitalization of the Company. Windjammer continues to support the Company's initiatives to expand its product offerings and grow geographically.
BBB (www.bbbind.com), known for its high-quality products and superior customer service, is a leading supplier of remanufactured and new starters and alternators for the automotive, light truck, and heavy-duty vehicle aftermarket. The Company is headquartered in Mobile, Alabama and operates through a network of nine distribution facilities in the U.S. and its low-cost manufacturing facility in Reynosa, Mexico. The Company has a long-term history of providing high levels of customer service, excellent on-time delivery, industry-leading quality while maintaining a full line of products. BBB has over 1,500 employees and serves a diverse customer base of warehouse distributors, independent automotive parts retailers, and big-box automotive parts retailers.