Superior Industries Announces Closing of $100 Million Senior Secured Revolving Credit Facility
VAN NUYS, Calif. – Superior Industries International announced that it has successfully closed a $100 million senior secured revolving credit facility. As previously announced on Nov. 3, Superior entered into a commitment letter with J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A. and Wells Fargo Bank, National Association, pursuant to which, subject to the terms
Uni-Select Announces Notice Of Redemption For Its 5.9 Percent Extendible Convertible Unsecured Subordinated Debentures Due Jan. 31, 2016
BOUCHERVILLE, Quebec – Uni-Select has sent notices of redemption for all of its outstanding 5.9 percent extendible convertible unsecured subordinated debentures due on Jan. 31, 2016. The entire aggregate principal amount of the $51.75 million of Debentures outstanding will be redeemed as of Feb. 1, 2015, (the “Redemption Date”), upon payment by Unit-Select of a
Axalta Reports Third Quarter 2014 Earnings
PHILADELPHIA – Axalta Coating Systems Ltd. has announced its financial results for the quarter ended Sept. 30, 2014. The company reported third quarter net sales of $1.1 billion, an increase of 3.2 percent versus the prior year. Third quarter Adjusted EBITDA was $228 million, an increase of 17.5 percent year-over-year. The company said it continued
WIX Filters Donates $34,160 To National FFA Chapters
Annual box-top redemption program supports FFA chapters for 28th consecutive year.
Auto-Wares Acquires United Automotive Supply Co.
United Automotive Supply Co. has been a family owned Michigan business since 1930.
O’Reilly Automotive Reports Third Quarter 2014 Results
Sales for the third quarter increased $149 million, or 9 percent, to $1.88 billion from $1.73 billion for the same period one year ago.
Consumer Confidence Rising
Consumer confidence and willingness to dole out cash is on the rise, according to the 2014 Major Purchase Consumer Study by Synchrony Financial.
Genuine Parts Co. Reports Third Quarter Sales And Earnings
Company generates record sales of $4 billion.
Automotive Supply Associates Donates To University Of The Aftermarket Foundation In Memory Of George Segal
Proceeds from annual golf outing to fund industry scholarships.
Superior Industries Board Approves New Stock Repurchase Program
Company authorized to purchase up to $30 million of its common stock.
Truck-Lite Makes Donation In Memory Of Lee Lydic To University Of The Aftermarket Foundation
During the recent Truck-Lite international sales meeting held in Erie, Pa., Lydic was remembered by his coworkers, and an auction was held during the annual awards banquet to increase the amount of the donation in his name.
2014 SEMA Memorial Scholarship And Loan Forgiveness Award Winners Announced
Forty-four SEMA scholarships were presented to current students, and 17 loan-forgiveness awards were presented to employees of SEMA-member companies.