Kumho Announces Price Increase
Kumho Tire USA announced that it will increase tire prices, effective May 1. Passenger, light truck and commercial truck tire prices will increase between 3%-5%, depending on the tire model, according to Kumho.
Akebono Receives Vendor Excellence Award from Monro Muffler Brake
Akebono Corp. has been awarded the 2003 Vendor Excellence Award from Monro Muffler Brake, Inc. Monro recognized Akebono for the successful launch of ceramic brake pads throughout the Monro chain. Akebono began supplying ceramic brake pads to Monro in late 2002.
Small is Satisfactory: Dura Builds a Niche
So it’s not as big as Delphi. It doesn’t employ as many as Lear. But Lawrence Denton, chief executive for Dura Automotive Systems Inc., says he’s satisfied with his company’s size. Dura, he says, is just better off being small.
DST Asks: Can Your Business Measure Return on Customer Investment?
Although most businesses have the means for measuring their Return On Investment, DST has coined the term Return on Customer Investment as a more accurate method of determining profitability of the customer base. Many firms believe that their largest customers, or the ones they have been supplying for the longest time, are the most profitable ones, but access to pertinent data can contradict those assumptions.
O’Reilly Auto Parts Names Interdynamics Vendor of the Year
Interdynamics Inc. has been presented with the 2003 “Vendor of the Year” award from O’Reilly Auto Parts. The company is a leader in auto air conditioning and air compressor products.
Delphi Set to Trim 150 Tech Jobs
Auto-parts giant Delphi Corp. is shedding at least 150 well-paying technology jobs and will shift some of the work overseas to an Indian firm. The move is one step in the company’s effort to pare down its 500-person information technology staff. Troy, Mich.-based Delphi becomes just the latest multibillion-dollar corporation to move white-collar jobs to India or other lower-wage countries. The increasingly common development called offshoring has become a hot-button issue in the presidential campaign as jobs have been slow to return to the U.S. economy.
Timken Transfers Some Logistics Operations to Joint Venture
Timken is transferring the balance of its Toronto, Ont., and Reno, Nev., warehousing operations to its joint venture CoLinx. CoLinx was formed as a joint venture between INA Holding Schaeffler KG, Rockwell Automation, The SKF Group and Timken. The company provides Web-based services and integrated logistics for premium-brand industrial manufacturers. Timken is transferring the balance of its Toronto, Ont., and Reno, Nev., warehousing operations to its joint venture CoLinx. CoLinx was formed as a joint venture between INA Holding Schaeffler KG, Rockwell Automation, The SKF Group and Timken. The company provides Web-based services and integrated logistics for premium-brand industrial manufacturers.
“DST Asks” Parts Distributors: Which Features of a Computerized Business Management System are Most Useful to Your Business?
Our youngest readers may not be able to remember that there was a time before remote control technology when changing the channel on your television actually required getting up off the couch and making the long walk over to it. “Channel surfing” only existed when you could get one of your kids to sit next to the TV and turn the dial for you. Life was brutal then.
Modine Expands Aftermarket Radiator Model Coverage
The aftermarket division of Modine Manufacturing has added more than 100 complete replacement radiators to its 2004 product line. The expanded radiator line, currently available, includes thousands of applications from domestic and import cars and light trucks. Modine’s aftermarket supplies replacement radiators both nationally and internationally, including distribution through major national accounts like NAPA, Pronto, Parts Plus, APA, independent automotive parts distributors, and more than 25,000 local repair outlets.
NAPA Windshield Receives Two Manufacturer of the Year Awards
NAPA Windshield Products has received the 2003 NAPA Manufacturer of the Year Award from the NAPA Underhood Sales Group as well as the NAPA Retail Sales Group, honoring it as the top supplier for these sales groups. The two awards were presented to the Windshield Products group at the NAPA Sales Meeting in Atlanta on January 15.