Colfax Corp., a privately- held manufacturer of fluid handling and power transmission products, has entered into an agreement to sell its Colfax Power Transmission Group division to Genstar Capital, L.P., a private investment firm. Terms of the transaction were not disclosed.
Treadways Corp. will introduce a new performance tire for the tuner performance and sport truck market at the SEMA Show taking place Nov. 2-5 at the Las Vegas Convention Center.
Motorcar Parts of America (MPA) has been honored by Frost & Sullivan with the 2004 Product Quality Leadership Award, for the North American Automotive Starter and Alternator Aftermarket. Frost & Sullivan is a leading growth consulting firm.
Dana Corp. is increasing its ownership stake in Nippon Reinz Co., Ltd., a Japanese sealing products producer, in which it previously held a 26.3 percent stake. Dana now owns 53.7 percent of the venture. Mitsubishi Cable Industries, which had owned 73.7 percent of the business, will retain a 46.3 percent...
Tony Pedregon, the 2003 NHRA Funny Car World Champion, will appear at the Clevite Engine Parts booth #27923 at the SEMA Show in Las Vegas.
Adding to its list of helpful resources for members, the Automotive Aftermarket Industry Association's (AAIA) web site now features a searchable online industry events calendar.
Akebono Corp., one of North America’s leading suppliers of advanced brake technology, has appointed Johann Finkelmeier as executive vice president, global strategy and business development.
Magna International Inc. has made a $1.3-billion bid to take its three publicly traded auto parts subsidiaries private in a move the company says will help it win business from Japanese and South Korean carmakers.
Skyrocketing steel prices already have pushed two automotive suppliers with plants in Wisconsin into bankruptcy, and industry observers say more companies could go under yet.
Visteon Corp.'s Sheldon Road manufacturing facility, located in Plymouth, Mich., has received recognition for its voluntary efforts to maintain a healthier and safer environment.
