NEW YORK, April 7, 2008 /PRNewswire-FirstCall/ -- Aftermarket Technology Corp. (NASDAQ:ATAC) will replace Mesa Air Group Inc. (NASDAQ:MESA) in the S&P SmallCap 600 after the close of trading on Wednesday, April 9, 2008. As of today's close of trading, Mesa Air Group had a market capitalization of approximately $33 million, ranking 600th in the index.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.
Aftermarket Technology Corp. provides outsourced engineering solutions and supply chain logistics services to the consumer electronics industries and vehicle aftermarket. Headquartered in Downers Grove, IL, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Auto Parts & Equipment Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX - April 9, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Aftermarket Consumer Auto Parts & Equipment Technology Discretionary DELETED Mesa Air Group Industrials Airlines
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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Source: Standard & Poor's