Wix Filters Gives NASCAR Drivers Added Incentive
WIX Filters is giving NASCAR series drivers yet another reason to get ahead of the pack on race day — the WIX Filters Lap Leader Award. Starting with the 2004 racing season, the award program extends through December 31, 2010. The WIX Filters Lap Leader Award includes cash payouts and an award trophy/plaque that will be presented during pre-race ceremonies at each event, as well as a year-end payout and a trophy for the driver who leads the most races with the most laps for each series.
Bandag Acquires Majority Interest in Speedco
Bandag Inc. has acquired an 87.5 percent majority interest in Speedco Inc. from its founders and Shell Oil Products US. Headquartered in Cuyuga, Ind., Speedco provides quick-service truck lubrication nationwide through 26 company-owned and six licensed on-highway locations. Bandag will operate Speedco as an independent business unit.
High Schoolers Earn Certifications from Industry
A diploma isn’t the only important document that some students have in hand when they graduate from high school these days. A growing number of students, educators say, are graduating with specific, industry-defined skills certifications that can have immediate value in the job market. Industries in which such certification is available include computer maintenance, automotive repair, nursing, graphic arts and food service.
Two Major Tiremakers Join U.S. EPA SmartWay Transport Partnership
Two major tiremakers — Bridgestone/Firestone North American Tire (BFNT) and Michelin North America — have joined the U.S. Environmental Protection Agency’s (EPA) SmartWay Transport Partnership, a national partnership to help reduce greenhouse gas and other emissions from ground freight transportation.
Automechanika Exhibit Space Selling Out
With strong early sales of space in the U.S. Pavilions at Automechanika, Sept. 14-19, especially in Hall 1 (parts and components) and Hall 8 (garage, tools and equipment), interested firms should call the pavilion organizer soon to reserve space.
Compuware Panning to Buy Covisint
Compuware Corp., the largest high-tech company based in Michigan, is expected to announce that it will purchase financially struggling Covisint LLC, according to documents on Compuware letterhead obtained by the Detroit Free Press. The acquisition, expected to be completed within 30 days for an undisclosed “small cash transaction,” ends the most expensive Internet start-up and flop ever launched in Michigan.
Automotive Accessories are Clever, Practical
Torque? Struts? Rack-and-pinion steering? Maybe they are important. But what we really want to know is if the console is big enough to store a purse. Or if there’s a way to secure the grocery bags. Or if there’s a place to stow the kids’ DVDs.
Delphi Appoints Three New Sales Managers in North America
Delphi Corp. has named three new sales managers for North America. Jim Eady, Darrel Reuss and Steve Tucker will serve as regional sales managers for vehicle electronics in North America for Delphi Product & Service Solutions. Eady will cover the Southeast, Reuss the Midwest and Tucker the Northeast and all will report to Scott Donnelly, North American vehicle electronics sales manager.
Bridgestone Americas’ Lampe To Retire
John Lampe, chairman, CEO and president of Bridgestone Americas Holding, who led the company’s remarkable recovery after devastating tire recalls in late 2000 and early 2001, announced today that he is retiring effective Mar. 31. He will be succeeded as chairman and CEO of BAH by Mark Emkes, currently chairman, CEO and president of Bridgestone/Firestone North American Tire (BFNAT). Lampe announced his retirement this afternoon during a company-wide live Web cast and conference call. In addition, Lampe and Emkes granted Tire Review an exclusive in-depth interview about the retirement and the company’s future plans earlier this morning.
Tesma International Completes Acquisition of Davis Industries
Tesma International has completed its acquisition of Davis Industries. Tesma announced its intention to acquire all outstanding shares of the privately-held automotive supplier in mid-December. Terms of the transaction were not disclosed. According to Tesma, Davis’ main product focus, in the area of stamped powertrain components and assemblies, will complement and broaden Tesma’s current product offerings and customer base.