A Suppliers’ Guide to Innovation
As automotive suppliers continue to get hammered by price cuts, material cost increases, and competitors in low-cost countries, renewed attention is being focused on product and process innovation as a way to improve competitive positioning and profitability. So here we’ll look at the systems automotive suppliers need to implement if they want to consistently deliver on the innovation imperative.
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.
House Bill Would Target Non-Compliant Products
To help deter the import of automotive and other products that falsely claim compliance with federal or industry safety standards, Representatives Sander Levin, (D-Mich.) and Dave Camp, (R-Mich.), have sponsored H.R. 4152, which would make unlawful the importation, sale for importation or sale within the U.S. after importation, of products falsely labeled or advertised as meeting a U.S. government or industry performance or safety standard. The bill would amend Section 337 of America’s trade law, a section well known by aftermarket companies who have used the law against imports that infringe upon their trademarks, patents and other intellectual property rights.
White-Collar Jobs Also Exiting U.S.
Rows of engraved faces stare from plaques on the Inventors Wall. These are the faces of engineers who have made design breakthroughs used on some of the world’s most popular cars and trucks. All of the engineers work for Delphi, a Michigan company, at its Mexico Technical Center.
AAPEX Organizers Working to Keep Counterfeiters Out
AAPEX show organizers will again this year pursue an active campaign to keep the trade show free of counterfeiting. Building on last year’s program, exhibitors will receive several notices provided in multiple languages advising of sanctions they will face if found to violate trademarks and patents with products and promotional materials displayed at AAPEX.
ArvinMeritor Wins Transmission Technology Dispute
The U.S. Patent Board of Appeals and Patent Interferences has issued judgment in favor of ArvinMeritor against Eaton Corp. on all claims in two related transmission patent interferences. The decision was rendered on April 29. The interferences involved an ArvinMeritor U.S. patent on torque prediction technology. Torque prediction is an enabling technology for some automated transmissions.
Keith Kreft Awarded ETI Founder’s Award
Keith Kreft of Cupertino, Calif., was presented the Equipment and Tool Institute (ETI) Founder’s Award at the association’s recent board meeting. The Founder’s Award honors individuals who have demonstrated outstanding commitment and support of the Institute. It is ETI’s highest honor. Kreft is the 14th recipient of the award since it was established in 1985.
Study Finds OEMs Jeopardizing Their Own Future, Industry Purchasing Practices Harming Competitiveness
Consolidation in the automotive industry — driven by intensive cost pressure from OEMs — is threatening those same OEMs’ competitiveness, according to one recent study. A new study by The Boston Consulting Group (BCG) “Beyond Cost Reduction: Reinventing the Automotive OEM-Supplier Interface,” shows that over the past decade, automotive OEMs have outsourced central functions, which has left them dependent on ever fewer suppliers and their innovations.
Bank One Sues Venture, Affiliates
Bank One Corp. has filed a foreclosure lawsuit against bankrupt auto supplier Venture Corp. and related companies owned by its former owner, Larry Winget. The bank says it’s not trying to close down Venture or disrupt its operations, but it wants to ensure that the businesses owned by Winget are merged back into Venture. The suit was filed Tuesday.
MACS Recognizes Airsept’s Innovations
The Mobile Air Conditioning Society (MACS) has presented its Industry Innovations Career Achievement Award to Airsept Inc.’s founder and CEO Myron Stein. The award was presented Airsept at MACS’ 2004 Annual Convention. Stein is the owner of twelve patents for unique automotive products.