Federal-Mogul Honored With Ford’s World Excellence Award
Federal-Mogul’s gasket manufacturing facility in Tepotzotlan, Mexico received Ford Motor Company’s Silver World Excellence Award for its superior performance in 2004.
Joe DePaulis Joins AASA as Director of Membership, Services
Joe DePaulis has joined the Automotive Aftermarket Suppliers Association (AASA) as the director of membership and services. His experience includes serving as the senior brand manager of NASCAR, where he was responsible for brand development of the racing organization’s identity in the automotive aftermarket. His corporate experience includes NO Touch Products, Armor All Products and NAPA New York.
CARQUEST Announces 2004 Vendor of the Year and Technology Award Winners
CARQUEST recently named East Penn Manufacturing, supplier of CARQUEST Batteries and Battery Accessories, as its 2004 Vendor of the Year. The company also presented Technology Awards to four vendors: Gates Corp., which supplies CARQUEST Belts & Hose; the Affinia Group, supplier of CARQUEST Filters and Brakes; CARDONE, supplier of CARQUEST Remanufactured Products; and Airtex Products, supplier of CARQUEST Fuel Pumps. The awards were presented during CARQUEST’s annual Executive Briefing on April 13.
Jasper Engines & Transmissions Names Preferred Partners For 2005
Jasper Engines & Transmissions has named its Preferred Partners for 2005. The recipients of the award are: Federal-Mogul, Dana-Clevite, Dana-Spicer, Transtar, Mahle, Inc., Grant Iron and Motors and Elgin Industries. The awards were presented during the Jasper Engines & Transmissions 18th Annual Preferred Partners Banquet on March 9. The Jasper Engines & Transmissions’ Preferred Partner Award is presented annually to recognize the company’s Partners in Success. According to Doug Bawel, president of Jasper Engines and Transmissions, this year just seven of the company’s 1,400 suppliers received the Preferred Partner recognition.
Remy International Announces Fourth Quarter Results
Remy International announced net sales of $255.8 million and adjusted EBITDA of $23 million for the fourth quarter, which ended Dec. 31, 2004. Net sales increased $11.7 million, or 4.8 percent, and adjusted EBITDA decreased $6.4 million, or 21.7 percent, compared with the fourth quarter of 2003. Operating income of $17.2 million in the fourth quarter of 2004 compares with an operating loss of $96.6 million in the same period of 2003. The company said the fourth quarter of 2003 reflects the special charges associated with the core inventory valuation of $103.9 million and the Mexico Arbitration award of $14.3 million, along with restructuring charges of $1.7 million.
Federal-Mogul Named as Jasper Preferred Partner for 18th Consecutive Year
For the 18th consecutive year, Federal-Mogul has been honored with the “Preferred Partner Award” by Jasper Engines & Transmissions, one of its largest customers. Federal-Mogul is the only company that has received the JASPER Preferred Partner Award every year since its inception.
Herman Trend Alert: Avoidance of Confrontation
A significant number of people avoid confrontation in the workplace. They are reluctant to ask for increases in compensation, more training or different job assignments. These employees would rather change employers than risk the resistance or negative consequences from bosses who may not support their requests.
ASC Named Alliance Private Label Vendor of the Year
ASC Industries has been recognized by the Aftermarket Auto Parts Alliance as Outstanding Private Label Supplier of the Year for 2004. ASC was also honored with a 2004 Supplier Award for Outstanding Shipping Performance. ASC Industries supplies the Alliance with new aftermarket water pumps for passenger, light- and medium-duty truck, heavy-duty vehicle, high performance and marine applications, through the Alliance’s private label – PartsMaster, Quality Replacement Parts.
Executive Interview with Frank Pagano, CEO of Coni-Seal
Our latest Executive Interview features Frank Pagano, CEO of Lakewood, NJ-based Coni-Seal, Inc. Recently, as part of an investment group, Pagano acquired the assets two aftermarket businesses including Qualitee International. Pagano recently took some time to give aftermarketNews.com a breakdown of these new businesses and where they are headed.
Pronto Celebrates Recent Accomplishments, Announces New Programs at Fall Owner’s Conference
The National Pronto Association, a member-owned and member-directed group of automotive warehouse distributors, recently held its Fall Owner’s Conference in Orlando, Fla. Highlights of the conference included an opening keynote address from Jim Macingvale, the owner of Gallery Furniture, in Houston, Texas. Macingvale, author of “Always Think Big,” shared the business philosophies, strategies and tactics that helped him grow his company into the nation’s largest single location furniture retailer.