Former Allied Signal President Michael Monti Dies
Michael Monti, former president of Allied Signal Inc., died Friday at age 66. A former MEMA board member, Monti retired from Allied Signal in 1995 after 37 years with the company. Before becoming president, he had worked as president of the Allied Fram division and vice president and general manager of the Bendix automotive aftermarket operation in Jackson, Tenn.
Aftermarket Symposium Panel To Discuss Upcoming Underhood Trends for 2010
A panel of automotive aftermarket suppliers will discuss “Under the Hood Car Trends/Future 2010” at the ninth annual Global Automotive Aftermarket Symposium (GAAS). GAAS 2004 is set for Tuesday and Wednesday, May 18-19, at the Hyatt Regency, Chicago. The panel will take place at 9:15 a.m. on Tuesday, May 18.
Aftermarket Symposium Panel To Discuss Upcoming Underhood Trends for 2010
A panel of automotive aftermarket suppliers will discuss “Under the Hood Car Trends/Future 2010” at the ninth annual Global Automotive Aftermarket Symposium (GAAS). GAAS 2004 is set for Tuesday and Wednesday, May 18-19, at the Hyatt Regency, Chicago. The panel will take place at 9:15 a.m. on Tuesday, May 18.
More Details on the Future of Honeywell’s Friction Materials Business
Yesterday, Honeywell announced that it had terminated discussions with Federal Mogul regarding the possible sale of its friction materials business, which manufactures and markets the well-known aftermarket brand Bendix. After several months of negotiations, the parties were unable to agree on terms of a deal. Now Honeywell has reported that the friction materials division will remain part of Honeywell and will become closely aligned with the company’s business initiatives and operating plan. According to Joe Puishys, president of Honeywell friction materials, the company is in the process of making investments in both the aftermarket and OE segments of the business.