Timken Acquires Technical Services Group
As part of the company’s strategy to expand its range of friction management products and services, Canton, Ohio-based Timken Co. has acquired the assets of SES Technical Group, a division of SES, LLC. The SES Technical Group, located in Richfield, Ohio, specializes in vibration analysis, infrared thermography, continuous monitoring systems, wear particle analysis and 24-hour emergency service.
Metaldyne Names New VP of Sales and Marketing
Metaldyne has appointed Roseann Stevens as the company’s new vice president of sales and marketing. Stevens replaces Anne Lockwood, who left the position earlier this year, according to published reports. In this position, Stevens will be responsible for leading the sales effort throughout the company. She will report to George Thanopoulos, Engine Group president and the President’s Council.
Executive Interview: John Washbish Talks About the Dana AAG Acquisition
Our latest edition of “Executive Interview” features John Washbish, president of customer relationship management for the Dana Automotive Aftermarket Group (AAG). On Friday it was officially announced that New York-based investment firm Cypress Group agreed to buy Dana AAG for $1.1 billion. We had the opportunity to talk to Washbish just hours after the announcement was made. Join us as he shares some of the preliminary details on the acquisition and talks about the future of the Automotive Aftermarket Group.
AutoZone to Provide Rebates to ASA Members
AutoZone has entered into an agreement with the Automotive Service Association (ASA) to offer its members savings program on parts. ASA members are now eligible for rebates on their commercial parts purchases through AutoZone.
Lord Corp. Takes Automotive Body Repair Product Line to Latin America
Lord Corp., maker of Fusor Automotive Repair Adhesives metal and composite bonding solution for automotive body repair, is launching its training curriculum and product line in Latin America through its Latin American counterpart, Lord de Mexico.
Aftermarket Technology Breakthroughs to be Announced at eForum
The Aftermarket eForum, which takes place August 2-4, in Chicago, once again will be the scene of news and announcements in the fields of information technology, e-commerce and e-marketing. Leaders from a number of major companies will share how they have improved profit and performance by applying technology to their business challenges at the Aftermarket eForum. Register today and take $200 off the fee of $895 for members and $1,095 for non-members.
Street Glow to Sell a Portion of Its Ownership, President Steps Down
Street Glow, Inc., which produces performance lighting products for the aftermarket, has signed a letter of intent to sell a portion of ownership to a Chinese investment group called Street Glow (Hong Kong), Ltd. This group includes members from Street Glow’s long-time Chinese vendor which manufactures virtually all of the Street Glow brand of Auto-Neon and performance lighting products. With the sale comes some internal restructuring, the company said. Lou Merz, who joined the company in June 2003, has stepped down as president. John Bailey, Street Glow’s CFO since 1998, will assume COO duties and responsibilities. The company will not be naming a new president.
Pep Boys Stores to Carry Royal Purple Synthetic Lubricants
Starting this month, Pep Boys will carry Royal Purple’s high-performance synthetic lubricants at its stores nationwide. Royal Purple’s line of synthetic lubricants and additives includes engine oils, transmission fluids, gear oil, coolant additives, fuel system cleaner, power steering fluid, chain lubricant, penetrating lubricant, assembly lube and shop compressor lubricant.
Register Now to Save $200 on the Aftermarket eForum
The early bird registration deadline for the Aftermarket eForum is June 30. Register today and take $200 off the fee of $895 for members and $1095 for non-members. The Aftermarket eForum will be held August 2-4 in Chicago. The Aftermarket eForum is the aftermarket industry’s largest educational conference devoted to e-commerce and supply chain technology solutions.
Torvec Appoints New Management Team
Torvec Inc., a Western New York-based automotive technology firm, has appointed new executives to the positions of CEO, CFO and chairman of the board. Richard Ottalagana, co-founder of PaeTec Communications, a national communications company where he served as executive vice president, has been named CEO of Torvec. Ottalagana replaces former Eastman Kodak Co. executive Eric Steenburgh who has served as CEO and chairman since 2002.