Takata Corp. And Key Safety Systems Reach Agreement In Principle Regarding Sale Of Substantially All Of Takata’s Assets
Under the agreement, KSS will acquire substantially all of Takata’s assets, except for certain assets and operations that relate to the company’s manufacturing and sale of phase-stabilized ammonium nitrate airbag inflators.
Stant USA Corp. Names Gary Masse CEO
Masse joins Stant from Coveris SA, a $2.6 billion global packaging and coatings company headquartered in Chicago, where he held the position of president and CEO. During his 30-year career, Masse has held manufacturing leadership roles of increasing responsibility at GE, Danaher and Cooper Industries.
Stant Acquires Assets of Illinois-based Expert Corp.
Based in Romeoville, Ill., Expert designs and manufactures evaporative emission canisters and front end carriers for the automotive industry. Expert’s customers include many of the leading automotive manufacturers and Tier 1 suppliers in the U.S.
LKQ Corp. Reports Q3 Revenue of $3.1B
The company reported third quarter parts and services organic revenue growth of 4.8%.
Donna Wagner Named Assistant VP of ASE Education Foundation
Previously, Wagner served as professor and department chair of the Automotive Aftermarket Management program at Northwood.
TBC Corp. Donates to 3 Local Non-Profits
The donation supports TBC’s corporate social responsibility (CSR), which it says is an integral component of the corporation.
LKQ Corp. Appoints Jacob Welch To Its Board Of Directors
Welch is a partner of ValueAct Capital, one of LKQ’s largest stockholders.
O’Reilly Automotive Honors Stant With Top Marketing Award
Terry Ethier, vice president of Aftermarket for Stant Corp., was presented with a 2018 Marketing and Advertising award by O’Reilly’s Executive Leadership team on Wednesday, Jan. 9.
LKQ Corp. Announces Director Resignation
Sukhpal Singh Ahluwalia has resigned from his positions as a director of LKQ Corp. and as executive chairman of its Euro Car Parts (ECP) subsidiary in the United Kingdom. Sukhpal founded a company 40 years ago that eventually became Euro Car Parts, which has grown to be the leading distributor of aftermarket automotive parts in the U.K.
Stant 120th Anniversary Celebration Culminates With Family Day Event In Connersville, Indiana
The Stant family day 120th anniversary celebration in Connersville featured a car show, as well as games, events and prizes.
