ArvinMeritor Announces Sale of Off-Highway Brake Assets
ArvinMeritor today announced it is selling the assets of its off-highway brake business to Carlisle Braking Products, owned by Carlisle Companies Inc. The business, which includes equipment and assets from manufacturing facilities in York, S.C. and South Wales, U.K., was sold for approximately $39 million.
From the Inside: Executive Interview with Craig Anderson, President, Hercules Tire & Rubber Co.
Our latest edition of “Executive Interview” features Craig Anderson, president of Hercules Tire & Rubber Co. While Hercules has grown quietly, preferring to remain out of the spotlight, every year brings line expansions, new products and other enhancements designed to help its members and dealer customers grow their businesses. Even after selling off its core retreading business, Hercules posted its best sales year ever in 2002, and again in 2003, and saw each of its divisions turn a profit in 2003. Craig Anderson, president, sat for an interview with Jim Smith, editor of Tire Review magazine in April. The two discussed how the changes impacted Hercules, the company’s plans in the future, and how he sees the market moving in the near-term.
Industry Veteran Bob Hall Loses Battle with Cancer
Industry veteran Bob Hall lost his battle with cancer on Monday, March 8, at his home in Carlisle, PA. He was 56 years old. Hall began his career as a sportswriter before moving on to MotorWeek and then becoming publicist for the Las Vegas Motor Speedway and later the Imperial Palace Auto Collection. In conjunction with those duties, he became host of “Las Vegas Motor Speedway on the Air,” a show that eventually evolved into “All About Cars,” the program he hosted until his death.
PPG Announces Management Assignments
PPG Industries has announced two management assignments. Reg Norton, director of global manufacturing and supply chain for PPG’s automotive refinish business unit, has been appointed global director, environment, health and safety, effective April 1. He will replace David Cannon Jr., vice president, environment, health and safety, who is leaving the company on March 31. Lynne Schmidt, director of government affairs, will be promoted to vice president, government and community affairs, and executive director of the PPG Industries Foundation, effective July 1.