I-CAR to Premier New Hybrid & Alternative Fuel Program at NACE 2008
The world premier of the new I-CAR Live training program Hybrid Electric and Alternative Fuel Vehicles (ALT02) will take place at NACE 2008. This program is a follow-up to the popular Electric and Electric Hybrid Vehicle (ALT01) class and features new applications of hybrid technology and alternative fuel vehicles.
CLARCOR Net Sales Increase 16 Percent, Operating Profit Up 18 Percent
CLARCOR, manufacturer of Hastings, Baldwin and Clark filters, has reported that its third quarter 2008 net sales increased by 16 percent and operating profit increased by 18 percent, compared to the same quarter in 2007. Earnings before income taxes were 14 percent higher than in the third quarter of 2007. Operating margins improved to 14.8 percent for the 2008 third quarter compared to 14.5 percent in last year’s third quarter.
Engine and Transmission Exchange Rebrands Itself ETE Reman; Announces Enhanced Warranty Program
MILWAUKEE, Wis. – Milwaukee-based remanufacturer Engine and Transmission Exchange Inc. has adopted ETE Reman as its new trade name. The company said this change better communicates ETE Reman’s product concentration — remanufactured transmissions and transfer cases. Customers and the market will immediately begin seeing the ETE Reman branding on the company Web site and on
WIX Filters Offers Tips for Selling Cabin Air Filters
GASTONIA, N.C. — The lingering lack of education about cabin air filtration maintenance among consumers has inspired WIX Filters to launch a new seven-step educational approach to help technicians and counter professionals explain and sell cabin air filters. To support this new educational approach, WIX has developed vivid new packaging, a point-of-sale kit and the
Bosch Partners with MIT on Energy Initiative; Pledges $5 Million to Support Research
Bosch announced this week it is collaborating with the Massachusetts Institute of Technology (MIT) in a new energy research initiative to explore new materials and concepts for energy conversion and energy storage systems. Specifically, Bosch has become a Sustaining Member of the MIT Energy Initiative (MITEI) with the commitment of $5 million dollars over five years. This new partnership is part of Bosch’s commitment to the development of energy efficient technologies and its heritage of developing technologies that can be used in the manufacture of vehicles.
Modine VP Tony De Vuono to Retire
RACINE, Wis. — Dr. Tony C. De Vuono, Modine Manufacturing Co. vice president and chief technology officer, has announced his intention to retire from Modine effective Sept.12. De Vuono, who has been with the company since 1996, plans to pursue personal interests. For an indefinite period, Thomas Burke, Modine president and chief executive officer, will
General Automotive, SenCer Define Operating Terms for New Joint Venture
General Automotive Co., a North American provider of parts, accessories and advanced technology for the automotive industry, and SenCer Inc., have announced the terms of the operating agreement for their newly created joint venture — Advanced Composite Technology LLC (ACT). General Automotive and SenCer, a technology research firm, recently formed the ACT joint venture to develop, commercialize and market SenCer’s UltraTemp ceramic composite materials for accelerating the development of energy-efficient, environmentally friendly fuel cell technologies.
Private Investment Firm Acquires Kraco Enterprises
From aftermarketNews Staff & Wire Reports Posted: Sept. 4, 2008 BOCA RATON, Fla. — An affiliate of Sun Capital Partners private investment firm has acquired Kraco Enterprises Inc., a manufacturer and distributor of automotive aftermarket floor mats as well as cargo floor mats for vehicle, home and shop use. Founded in 1954, Kraco operates a
Sherwin-Williams Automotive Finishes Receives Volvo Approval for Waterborne Paint System
Volvo has granted global technical and commercial approval of Sherwin-Williams Automotive Finishes Corp.’s (SWAFC) AWX waterborne refinish system for use in all certified Volvo collision repair facilities around the world. AWX is now listed in Volvo Car’s new VIDA (Vehicle Information and Diagnostics for Aftermarket) system, as is the previously approved SWAFC’s ULTRA 7000 Basecoat/Clearcoat System. The additional AWX certification is the result of extensive technical evaluation and rigorous product testing conducted by Volvo to assure the same high-quality materials and aftermarket support as its line production.
Cadence Innovation Files For Chapter 11 Reorganization
Cadence Innovation has filed voluntary petitions for reorganization in a Delaware Federal Bankruptcy Court under Chapter 11 of the U.S. Bankruptcy Code. Like many struggling parts suppliers, Cadence cited the faltering economy and the increased cost of fuel as issues severely impacting the business. The declining OEM production volumes and significant changes in vehicle segment mix in the U.S. have reduced Cadence Innovation’s revenues during a period of rapidly increasing materials costs. This combination of sky-rocketing material costs and quickly deteriorating revenue precipitated the filing, said the company.