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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the trading of Remy International, Inc. (Nasdaq:REMY), a leading worldwide manufacturer, remanufacturer and distributor of starters and alternators for light vehicle and commercial vehicle applications, locomotive products and hybrid electric motors, commenced on The NASDAQ Stock Market® on Thursday, December 13, 2012. Remy's shares were previously listed on the OTC under the ticker "RMYI."
"Remy has done a tremendous job delivering operating performance and has continued to advance its share in the marketplace," said Bob McCooey, Senior Vice President, NASDAQ OMX. "We are proud to welcome Remy to the NASDAQ family, which is comprised of the world's most innovative and progressive companies and a growing number of market leaders in the Industrial and Automotive industries. We look forward to supporting Remy and its shareholders as they continue their journey as a public-company."
Founded by the Remy Brothers in 1896, Remy International, Inc. is a leading global manufacturer and remanufacturer of alternators, starter motors and electric traction motors. Headquartered in Pendleton, IN, with global operations across five continents and 10 countries, Remy International markets products under the Delco Remy® and Remy® brands. Known for innovation, efficiency, quality, and best-in-class customer service and support, Remy International's products are integrated by leading industrial, specialty, automotive and heavy-duty OEMs, and aftermarket providers worldwide.
Since its inception, NASDAQ OMX® has consistently been the exchange of choice for the world's most progressive companies. By listing on The NASDAQ Stock Market®, Remy International Inc. joins some of the world's leading innovators including Gentex Corp., Dorman Products, Icahn Enterprises and Goodyear Tire & Rubber Corp., which recently switched its exchange listing to The NASDAQ Stock Market from the New York Stock Exchange.
