Tenneco Automotive Launches New Line of DuPont Teflon Car Care Products
Tenneco Automotive has unveiled a new line of DuPont Teflon car care products. The new line is being manufactured and marketed by Tenneco Automotive through a strategic product alliance with DuPont. According to Michael Kullman, director of DuPont corporate marketing, DuPont Teflon car care products carry one of the world’s strongest consumer brands while delivering what consumers are looking for in car care products — a clean and shine that really lasts, combined with non-stick protection for their car finishes.
Action Executive to Join Jeff Gordon, Inc.
John Bickford Sr., executive vice president of strategic alliances for motorsports merchandise company Action Performance, has resigned to take the position of vice president and general manager of star NASCAR driver Jeff Gordon’s Jeff Gordon, Inc. Bickford will also oversee Gordon’s other business related interests.
AADCO Named a Preferred Supplier for Collision Care Canada
AADCO Automotive Inc., a leading supplier of Like, Kind and Quality (LKQ) used auto parts, has signed an agreement to provide LKQ and aftermarket parts to Collision Care Canada Inc. (CCC) facilities. AADCO Automotive Inc., a leading supplier of Like, Kind and Quality (LKQ) used auto parts, has signed an agreement to provide LKQ and aftermarket parts to Collision Care Canada Inc. (CCC) facilities.
Federal-Mogul and Champion Brands Strike Multi-Year Licensing Deal
Federal-Mogul Corp. and Champion Brands, LLC have announced a long-term licensing agreement adding the Champion “Bow Tie” logo to a line of performance additives for automotive, heavy truck, marine and specialty industries. The new products are in addition to the full line of performance additives and lubricants Champion Brands currently manufactures. The new line will be targeted to national accounts and mass merchants channels.
3M and Graco Launch Co-Branded Product Line
3M Automotive Aftermarket Division and Graco Industrial/Automotive Equipment Division have formed an alliance to offer a new line of paint spray guns to the automotive aftermarket. According to Bob MacDonald, vice president, 3M Automotive Aftermarket Division, the two companies worked with painters from across the country to develop the line.
SEMA Spring Expo Reaches New Level Of Success
Organizers for the 2004 Specialty Equipment Market Association (SEMA) Spring Expo, have reported that this year’s show was the biggest regional show the association has held to date. The Expo took place March 5-6 at the Indiana Convention Center, Indianapolis. A day of seminars preceded the actual exhibit. Although attendance figures have not yet been audited, show organizers said preliminary reports show an increase of approximately 65 percent in buyer attendance, and 30 percent in total attendance from the SEMA Spring Expo in Nashville last February.
Replacement Parts To Acquire Louisiana Chain
Aftermarket Auto Parts Alliance/Bumper to Bumper member Replacement Parts,Inc., which operates 134 stores and four distribution centers, has entered into an asset purchase agreement with Dimmick Supply Inc. The agreement will transfer all of Dimmick’s 10 stores and its single DC to Replacement Parts as of March 29. Dimmick Supply is also a Bumper-to-Bumper member, and its stores will continue to operate as such. The Dimmick stores are located in or adjoining existing Replacement Parts territories in southwest Louisiana and will be served out of the Monroe DC.
CSK’s Fraser, California Air Resources Board Representatives to Speak at ASPA Annual Meeting
Martin Fraser, president and COO of CSK Automotive, Peter Venturini of the CARB California Air Resource Board (CARB) Stationary Sources Division chief, and Janette Brook, CARB Air Quality Measures Branch chief, are the key speakers for the third annual Automotive Aftermarket Specialty Products Group (ASPA) meeting.
LKQ Enters Aftermarket Through GTA Acquisition
LKQ Corp., a nationwide provider of recycled OEM automotive replacement parts, has acquired Global Trade Alliance (GTA), one of the largest suppliers of aftermarket collision automotive replacement parts in the Midwest. GTA operates primarily as Action Crash Parts and Midwest Fender. LKQ paid $30 million for the acquisition, $1.5 million of which was in LKQ common stock and the balance of which was in cash and assumed debt.
Snap-on Appoints Former BorgWarner CEO and Chairman to Board
John Fiedler, retired chairman and CEO of BorgWarner, has been appointed to Snap-on’s board of directors. Fiedler served as BorgWarner’s chairman and CEO until 2003. Prior to 1995, he was president and COO. During his tenure, BorgWarner increased its revenues from $800 million to roughly $3 billion.