Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Parts Town Unlimited Earns a Spot on Crain's Chicago Business Fast 50 List for the 11th time

High-tech distributor delivers another year of high organic growth

Parts Town Unlimited Earns a Spot on Crain's Chicago Business Fast 50 List for the 11th time

ADDISON, Ill., June 13, 2024– Parts Town Unlimited, the parent company of Parts Town, a global leader in the high-tech distribution of OEM foodservice equipment parts, residential appliance parts, HVAC parts, consumer electronic parts and related products, today has been named as a Fast 50 honoree by Crain’s Chicago Business. Parts Town Unlimited is the second largest company on the list.

The Crain's Chicago Business Fast 50 recognizes the fastest-growing private companies headquartered in the Chicago area. The rankings are based on year-over-year revenue growth for the preceding five years. Parts Town received its rank by reporting more than $2.3 billion in revenue in 2023.


"I understand this is our 11th year on the Crain’s Fast 50 list. I guess that’s a lot, but we are still early stage in our growth story," said Steve Snower, Sixth Man (aka CEO), Parts Town Unlimited. “This type of recognition is entirely attributable to the strength of our team members and their commitment to our core values. We will continue our relentless focus on delivering a differentiated customer experience and bringing new innovations to the industries we serve.”

In the past year, Parts Town Unlimited experienced nearly 20% organic growth in its core foodservice parts business. Meaningful international growth plus growth in HVAC parts and Residential appliance parts strengthened the company’s performance. As Parts Town Unlimited expands its global footprint and product portfolio, the company remains dedicated to delivering an exceptional customer experience and fostering continued industry innovation.

About Parts Town Unlimited
Parts Town Unlimited is the global leader in high-tech distribution of mission-critical equipment replacement parts and related products and services for the foodservice, residential appliance and HVAC industries. Guided by its core values of Safety, Integrity, Community, Passion, Courage, and Innovation, Parts Town Unlimited delivers infinite possibilities, unlimited potential, and boundless innovation with a focus on people, innovation, and long-term partnerships. Parts Town Unlimited is an organization without limits, led by dreamers who continuously grow and bring value to our partners and amazing opportunities to our team members around the globe.

About Parts Town
Parts Town is the leading, technology innovation-driven distributor of genuine OEM (original equipment manufacturer) foodservice, residential appliance and HVAC equipment repair parts. When there’s a hiccup with any piece of equipment, Parts Town is ready to jump in and help with the most in-stock parts on the planet, innovative technology, and an unmatched customer experience. Customized solutions benefit equipment service technicians of all kinds, as well as chain and independent restaurants, schools, health care facilities and hospitality providers.

By partnering with the top manufacturers of foodservice, residential appliance and HVAC replacement parts, Parts Town improves the supply chain, increases sales of genuine OEM parts and keeps every customer’s business running like clockwork. Parts Town also partners with equipment and supplies dealers of all sizes to offer a one-stop-shop through its Parts Town marketplace.

For more information, visit https://www.partstown.com/

https://www.partstown.com/

Recent

More Stories

Loren Swakow announces retirement as managing director of NOBLELIFT North America

Loren Swakow announces retirement as managing director of NOBLELIFT North America

Des Plaines, Illinois – Loren Swakow, Managing Director of NOBLELIFT North America, has announced his retirement effective January 31st, 2025, leaving behind a legacy of unprecedented growth, innovation, and strong relationships built over nearly a decade at the helm of the company.

Swakow joined NOBLELIFT in October 2016, tasked with the challenge of bringing an unknown brand into the highly competitive American market. At the time, NOBLELIFT had no dealer network and minimal brand recognition. Over the course of eight years, Swakow's strategic leadership and expertise have led to remarkable success, driving average annual growth of 43%. Today, NOBLELIFT is supported by a professional dealer network spanning the entire country, with sales growth consistently outpacing the industry, a true testament to Swakow’s vision and determination.

Keep ReadingShow less

Featured

A photo of Michael Cavanaugh at KPI Solutions

KPI Solutions announces Larry Strayhorn’s retirement and appointment of new CEO

BELTON, MO (December 10, 2024) – KPI Solutions (KPI), a leading supply chain consulting, software, systems integration, and warehouse automation supplier today announced the retirement of Larry Strayhorn and appointment of Michael Cavanaugh as Chief Executive Officer.

Larry serves the material handling industry with a position on the MHI Board of Governors and was a key figure in the 2021 formation of KPI Solutions. His 40+ year career includes executive roles at leading supply chain and enabling technology companies, including WEPCO, Paragon Technologies, TGW, Diamond Phoenix, and Dematic. Going forward, he will join KPI’s Board of Directors and act in an advisory role for the new CEO.

Keep ReadingShow less
Roboteon announces breakthrough simulation capability for mobile robots in distribution

Roboteon’s Warehouse Robotics Fulfillment platform

Photo courtesy of Roboteon

Roboteon announces breakthrough simulation capability for mobile robots in distribution

Roboteon, provider of a powerful software platform for warehouse robot enablement, announces breakthrough simulation capabilities in its platform for robotics and other warehouse automation. The new tool help companies make better decisions across multiple time horizons, from initial automation planning through real time execution on the floor.

Interest in Autonomous Mobile Robots (AMRs) and other robotics is high, but there remains much uncertainty about use cases, the number of AMRs and humans needed across different time horizons, expected operational improvements, and cost savings from the robotics investment.

Keep ReadingShow less
drones delivering boxes
Photo courtesy of Reed Smith

Report: Exploring the rapidly evolving supply chain landscape

International law firm Reed Smith today published From A2B: Decoding the Global Supply Chain, an in-depth exploration of the rapidly evolving supply chain landscape. The report examines the worldwide forces shaping global logistics today and into the future, offering businesses strategic insights to navigate the challenges and opportunities arising in this increasingly complex field.

Spearheaded by Reed Smith’s global Transportation Industry Group and drawing from the perspectives of the firm’s global network of 30+ offices, the report addresses critical themes that include climate change, regulatory shifts and technological advancements. The guide serves as a roadmap for businesses to stay agile and resilient in the face of global disruptions.

Keep ReadingShow less
rendering of Penske solar-powered facility
Penske Truck Leasing

Penske Truck Leasing lights up new solar-powered facility initiative

Reading, Pa. – Nov. 18, 2024 - Penske Truck Leasing is lighting up a new solar-powered initiative seeking to boost efficiency, minimize energy costs, and reduce emissions initially at select truck leasing, truck rental, and truck maintenance locations in the U.S. with the installation and activation of its first-ever rooftop solar-powered systems.

The company’s new state-of-the-art facility in Channahon, Illinois, is now fully operational, and is predominantly powered by an onsite photovoltaic (PV) solar system, expected to generate roughly 80% of the building’s energy needs at 200 KW capacity. Any remaining required energy will be supplied by the local utility provider.

Keep ReadingShow less