News
PERA Names 2004-05 Officers
During its 59th Annual Convention that recently took place in Newport Beach, Calif., the Production Engine Remanufacturers Association (PERA) announced its new team of officers.
During its 59th Annual Convention that recently took place in Newport Beach, Calif., the Production Engine Remanufacturers Association (PERA) announced its new team of officers.
Today in Las Vegas ACDelco-sponsored drag racers Harold Martin and Kurt Johnson, along with GM-sponsored motor sports personality Warren Johnson will be available for interviews and autographs from 9 to 11 a.m.
Transpro has signed a letter of intent with Modine Manufacturing Co. setting the terms for a proposed merger of Modine's aftermarket business into Transpro. The proposed merger would be an all-stock transaction to form a new company.
Honeywell Friction Materials, the makers of Bendix Brakes, recently worked with ICON Creative Technologies Group to create a new DVD entitled "The Friction Factor."
Timken Latrobe Steel, a subsidiary of The Timken Co., has increased prices by 6 to 8 percent on rounds, plate and flats tool steel and alloy products. Raw material surcharges will remain in effect.
The MEMA Information Services (MIS) Council recently selected Robert Bosch Corp. of Broadview, Ill., as winner of the 2004 Aftermarket Web Challenge (AWC) for its extranet application Bosch Online Advantage. The annual Web competition is the aftermarket’s oldest and most recognized award for excellence in Web applications.
Francis Drew, vice president of finance and CFO of Amcast, announced that he will resign from his position on Nov. 5. Drew has offered to serve the company on a consulting basis during the transition to his replacement.
Universal Automotive Industries, a distributor and manufacturer of brake rotors and other brake parts, has promoted William Stock to senior vice president of supply chain, having previously served as vice president manufacturing for the last two-and-a-half years.
Automotive suppliers say steel prices in 2005 will continue to escalate, although they hope to win price concessions during upcoming contract negotiations, industry executives say.
Continental AG said it wants to merge Phoenix AG without delay with its ContiTech Holding GmbH, which makes rubber-based automotive parts and components, and conclude a control and profit and loss absorption agreement between them.