Tiger Auto Parts Inc., a Toronto-based distributor of replacement auto parts, is launching U.S. operations in the former Mantua Manufacturing plant in Walton Hills that it acquired in December for $2.8 million.
The privately held company sells replacement parts from multiple manufacturers to the automotive aftermarket, according to Mike Younos, Tiger’s general manager, who is based in Toronto. Its customers are collision and auto repair shops, auto parts suppliers and individuals.
At full capacity, Younos said, the company will employ about 10 people in Walton Hills.
To set up shop in the U.S., the company acquired the nearly 72,000-square-foot building at 19721 Sagamore Road from Mantua Manufacturing on Dec. 14, according to online Cuyahoga County property records.
Mantua, a maker and distributor of bed frames and related bedding products, shed the building because it moved to a newly constructed building in Glenwillow. Mantua constructed the first of three expansions at the Sagamore site in 1992. Cuyahoga County assigns the building a market value of $2.3 million for property tax purposes.
Walton Hills mayor Don Kolograf said in a phone interview that he wished the company were a manufacturer rather than a distributor because it would have created more jobs in the community but that he is glad the building has been put back into service.
The company did not request any incentives from the village, Kolograf said.
The Sagamore Road site joins three locations in Canada operated by Tiger, two in the Toronto area and one in Montreal. The company’s website said it was launched in 2001.