United States. Founded in 1927, AP is known for its high-quality emissions products and is headquartered in Goldsboro, North Carolina.
AP Emissions Technologies (AP) has been acquired by Marmon Holdings Inc., a Berkshire Hathaway company, effective January 1, 2023.
AP, a leading emissions control product innovator serving the North American automotive aftermarket, joins Marmon after working closely together on this strategic acquisition.
Founded in 1927, AP is known for its high-quality emissions products and is a vertically integrated manufacturing operation headquartered in Goldsboro, North Carolina. With plants in Hobart, Indiana and Langhorne, Pennsylvania, the company employs more than 750 people.
Marmon Holdings comprises more than 100 companies serving various industries and markets worldwide, with more than 25,000 employees and annual revenues exceeding $10 billion.
"Marmon was the right buyer for our employees, our customers and our suppliers to take AP to the next level and continue the company's mission," said previous owner Vange Proimos.
"AP and Marmon have the same principles: invest in their most valuable asset, their people, while remaining focused on developing category-leading innovations for the customer."
AP's management team will continue to lead the business under the leadership of Rich Biel, Marmon's longtime president and executive.
"I am excited to work with Gary Nix and the entire AP team as we begin this new chapter of an outstanding company," said Biel.
"As part of Marmon, AP will accelerate investments in innovation and automation to further enhance our products and increase their value to our customers."
