Tenneco Reports Record Fourth Quarter, Full Year 2011 Financial Results
Company reports highest-ever quarterly and annual revenues of $1.8 billion for the fourth quarter and $7.2 billion for the full year 2011.
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Fleet Brake to Sell Certain Assets to FleetPride
Fleet Brake plans to continue to focus on its Canadian service and distribution strategy.
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Hayes Lemmerz Acquired by Iochpe-Maxion
The transaction combines the wheel businesses of Iochpe-Maxion and Hayes Lemmerz to create Maxion Wheels, a global wheels business with manufacturing locations in 12 countries and a presence in every major automotive region.
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Monro Eyes Buys, and Midas is on the Shopping List
The Rochester, N.Y., service chain told investors it was evaluating acquisition targets, including Midas, and hopes to close on at least one deal this quarter.
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CORSA Launches Commercial Exhaust Line for Fleets, Work Trucks
Designed to deliver improved fuel economy with less strain on the engine, CORSA Commercial Exhausts also add greater torque and horsepower during towing, the company says.
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