Dorman Products was purchased in 1994 by R&B Inc, which was founded by brothers Richard and Steven Berman in 1978. Through subsequent acquisitions and brand introductions, the company has marketed its products under a number of brand names until its brand consolidation in 2005.
How much are dormans?
What is Dorman Products' stock price today? One share of DORM stock can currently be purchased for approximately $92.49.
Where are Dorman auto parts made?
PORTLAND, TENNESSEE (April 4, 2018) As part of its mission to continue growing the automotive aftermarket, Dorman Products broke ground today on its largest production and distribution facility yet.Apr 4, 2018
What market cap means?
Market cap—or market capitalization—refers to the total value of all a company's shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares. Mid-cap companies are typically businesses with a market value between $2 billion and $10 billion.
Is Dorman a US company?
The company has five locations in the United States, and has operated in Portland since 2006, where it currently employs 380 contributors. The new $55 million, state-of-the-art, 815,000-square-foot facility should open in the first quarter of 2019.Apr 4, 2018
Are Dorman parts made in China?
Dorman remains nimble with this “asset-light” model, able to spread itself across disparate product categories and pick and choose from the relevant manufacturing capacity available in the world at any given time (about 75% of parts are sourced in China).Dec 7, 2015
Does Dorman make quality auto parts?
Since 1918, Dorman has continued to provide high-quality aftermarket solutions for automotive maintenance. On our user-friendly website, you can browse through our wide range of Dorman products and choose the part you need in just a few clicks.Jul 2, 2021
What is Dorman?
Dorman is a surname, derived from the Middle English word dere, or deor, meant "wild animal". Therefore, Dorman translates as "wild animal", or, perhaps, "wild animal-man". Another, Old English, derivation is from the Old English word deor, meaning "deer", and, mann, meaning "man": thus, Deer Man.
Is Dorman Products a manufacturer?
Dorman Products is an auto parts supplier, but it is not a bad business. In fact, it is a pretty good one. It has a sustainable competitive moat, 40% gross margins, and a track record of 15% annualized shareholder returns since its IPO in 1991.Dec 7, 2015
Are Dorman parts made in America?
Dorman Products breaks ground on major expansion in Portland, Tennessee. PORTLAND, TENNESSEE (April 4, 2018) As part of its mission to continue growing the automotive aftermarket, Dorman Products broke ground today on its largest production and distribution facility yet.Apr 4, 2018