Industry Veteran Chuck Pariano Announces Retirement
Since 2006, Pariano has been responsible for AISIN’s aftermarket sales and marketing strategy.
OptiCat Adds Two Industry Veterans To Its Team
OptiCat has announced the appointments of industry veterans Don McEntee as director of sales and marketing, and Kyle Johnson as director of business development.
AISIN Expands Its Regional Sales Force
These regional sales representatives will be responsible for the company’s aftermarket sales and marketing strategies, as well as maintaining the company’s overall relationships with traditional and new aftermarket customers across all product groups.
I-CAR Honors Chuck Sulkala With Lifetime Contribution Award
“Chuck is still active on several board committees for both I-CAR and the Collision Repair Education Foundation,” said Jim Roach, I-CAR international board of directors chairman. “His knowledge of the industry, I-CAR and overall governance makes him a tremendous asset.”
Gabelli & Co. Inc.’s 36th Annual Automotive Aftermarket Symposium Slated for Oct. 29-30
The two-day conference will showcase a full spectrum of leading automotive companies, including aftermarket parts retailers, original equipment and aftermarket parts suppliers, publicly traded dealership groups, and medium and heavy-duty truck manufacturers.
Omega Environmental Technologies Adds to Staff
DALLAS — Omega Environmental Technologies, a global manufacturer and distributor of aftermarket mobile air parts, has announced the following new appointments to the Omega team: Matt Parkman, a 30-plus year veteran of the mobile air conditioning replacement business joined Omega in March 2007 as a product manager. Parkman’s responsibilities include product development and sourcing. His
Proliance Losses Hit $18.1 Million
Hit by skyrocketing copper and aluminum costs, Proliance International Inc. lost $18.1 million in 2006 — including $15.3 million in the fourth quarter alone — the company reported. President and CEO Charles Johnson, in announcing the earnings late Thursday, said they were "unacceptable to all of us" but were expected because of rising commodity costs, a softening market and costs incurred in the aftermath of a 2005 merger.
Proliance Reports Profit for 2006 Third Quarter
Proliance International has announced profitable results for the third quarter ended Sept. 30. The company reported income from continuing operations for the third quarter of 2006 of $1.3 million, or 8 cents per basic and diluted share, compared to a loss from continuing operations in the third quarter of 2005 of $9.9 million, or 75 cents per basic and diluted share. This improvement from a year ago is a result of both actions taken under the company’s previously announced synergy and cost reduction programs and the impact in the third quarter of 2005 of purchase accounting adjustments, which were largely related to the merger transaction that combined Transpro, Inc. and Modine Aftermarket Holdings, Inc. to form Proliance International, Inc. in July 2005.
Suppliers Must Think Globally, Leaders Say; Many in Auto Parts Industry are Struggling
The Milwaukee Journal Sentinel TRAVERSE CITY, MI — To avoid becoming casualties in the auto industry’s restructuring, parts suppliers need to become less beholden to Detroit, more globally focused and focused on products that improve safety or boost fuel economy. That was the consensus of experts who reflected Tuesday on the industry tumult that has
Proliance International, Inc. Reports Net Profit for 2006 Second Quarter
NEW HAVEN, CT — Proliance International announced its results for the second quarter ended June 30. Proliance reported net income for the second quarter of 2006 of $1.0 million, or $0.07 per basic and diluted share, compared to a net loss of $2.1 million, or $0.30 per basic and diluted share in the second quarter