Valspar To Acquire The Performance Coatings Businesses Of Quest Specialty Chemicals
With 2014 sales of approximately $190 million, the businesses to be acquired from Quest include an automotive refinish business along with a smaller industrial products business.
MOTOSHOP Technology Tools To Award A $10,000 Technology Makeover To One Shop
This is MOTOSHOP’s second shop technology contest. In 2014, Dave’s Pro Auto in Williamsport, Pennsylvania, received the grand prize technology makeover after entering the contest.
Cooper Tire & Rubber Awards Inaugural Centennial Scholarships To Three Students
The goal of the program is to help the children of Cooper employees continue their post-secondary education with an emphasis on those who intend to pursue careers related to manufacturing.
AutoZone Reports 2015 Third Quarter Sales
Net income for the quarter increased 8.4 percent over the same period last year to $309.1 million, while diluted earnings per share increased 13.1 percent to $9.57 per share from $8.46 per share in the year-ago quarter.
MPS Announces GAAS Aftermarket Scholarship Fund Recipients
For more information on the GAAS scholarships program, visit AutomotiveScholarships.com.
Schaeffler Reports ‘Successful Start’ to First Quarter 2015
Automotive and industrial supplier Schaeffler has reported a good start to its 2015 business year.
Spectrum Brands Holdings Completes Acquisition Of Armored AutoGroup
Armored AutoGroup is a consumer products company consisting primarily of the Armor All and STP brands, two of the most recognizable brands in the automotive aftermarket appearance products and performance chemicals/additives categories, and the leading A/C PRO brand in the DIY automotive air conditioner recharge category.
Advance Auto Parts Reports First Quarter 2015 Results
Total sales for the first quarter increased 2.3 percent to $3.04 billion, as compared with total sales during the first quarter of fiscal year 2014 of $2.97 billion.
Motorcar Parts Of America Acquires OE Plus
According to the Automotive Aftermarket Suppliers Association’s 2014 Top Suppliers list, OE Plus generated total global sales of approximately $24 million in 2013.
Hopkins Acquires Bell Automotive Products
The Bell product offering – including steering wheel covers, seat covers, interior organizers, license plate frames, tire safety and emergency kits – will be combined with the related Hopkins’ vehicle organization products.
Seven Students Receive Scholarships Through Memorial, Donation Awards
Additional scholarship funding comes from industry contributions provided by associations, individuals, companies and foundations.
Affinia Reports Financial Results For The First Quarter 2015
Affinia has reported first quarter net sales of $303 million, with currency adjusted sales up 5.7 percent to $350 million.