A European auto parts supplier will place its first North American location in Missouri.
Universal Components Group (UCG) is a United Kingdom based company that plans to expand its operations by opening up a distribution center in O’Fallon. According to the Missouri Department of Economic Development (DED), the expansion project is expected to create 31 new jobs and a capital investment of $765,000.
UCG is a wholesale distribution business for commercial vehicle, truck, and semi-trailer components. The company is the largest independent distributor of aftermarket parts in the UK and supplies more than 1,000 distribution outlets worldwide. UCG works closely with Wainwright Industries in Wentzville, which led to its decision to expand to an approximately 10,000 square-foot warehouse in St. Charles County.
“Universal Components Group is very excited about the new location in O’Fallon. The U.S market is a great opportunity for us,” said David Kernahan, CEO of UCG. “The support we have received from the Missouri DED and our Sister company Wainwright Industries has allowed us to get our distribution footprint in place very quickly.”
The DED has offered a strategic economic incentive package to UCG if the company proves to meet strict job creation and investment criteria.