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Company:
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PRESTOLITE ELECTRIC HOLDI ...
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Form Type:
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8-K
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Filing Date:
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1/30/2003
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CIK:
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0001057053
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Address:
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2100 COMMONWEALTH BLVD
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City, State, Zip:
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ANN ARBOR, Michigan 48105
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Telephone:
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(313) 913-6600
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Fiscal Year:
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12/31
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Description of Business
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We are a global manufacturer and distributor of alternators and starter
motors for heavy duty, automotive, defense and industrial markets. We sell our
products primarily to the aftermarket and to original equipment manufacturers
("OEMs"). On January 22, 1998, we acquired three businesses from a subsidiary of
LucasVarity plc. As a result of the Lucas acquisition, we consolidated a
leadership position in our primary markets, expanded our global reach and
improved our aftermarket distribution capabilities. We conduct our business
through our operating subsidiary Prestolite Electric Incorporated and its
subsidiaries.
We believe that our position in our primary markets can be attributed
to the following factors:
Product Quality and Brand Recognition. We believe our products are
generally recognized by our customers as superior based on their advanced
technology, reliability, durability and quality.
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