Brake Parts Inc. Acquired By Investor Group
Brake Parts Inc. (BPI) has announced it is now officially under new ownership. Following the spin-off of the business to shareholders in November 2012 by parent company Affinia Group, BPI announced today it has been acquired by a group of investors led by Torque Capital Group, a New York-based private equity firm. The company is being led by President and CEO David Overbeeke (pictured).
New Raybestos Brand Brake Pad Applications Added For Late-Model Imports
Additional coverage now available for Honda and Subaru.
Brake Parts Inc. Takes Leadership Role In New Washington, California Brake Pad Requirements
The friction manufacturer explains its phased approach to reducing copper and other chemical constituents in its formulations.
Executive Interview With Larry Pavey, President, Federated Auto Parts Distributors
Larry Pavey has spent his entire career in the automotive aftermarket, working first for a jobber while attending high school and college and then a warehouse distributor. From there, he spent 30 years in the manufacturing sector before returning to distribution in 2006. In today’s interview, he reflects back on what his experience has taught him about the supplier/customer relationship. He also shares his plans for AAPEX 2012.
Federal Appeals Court Affirms Injunction Against Satisfied Brake for Theft of Affinia Group Trade Secrets
In issuing its order, the Appeals Court confirmed that Affinia’s brake pad formulations are protected as trade secrets and that Satisfied obtained these secrets improperly through the payment to former Affinia employee David Lewis.
The Pulse: Bringing Parts Store Websites Up to Speed
The latest Babcox Internet study shows that counter professionals as a whole are increasingly using the Internet to help them work more efficiently. They use the Internet in a number of ways – for accessing manufacturer websites, to locate and purchase parts and even to communicate with other stores and suppliers. However, when it comes to their own web-presence many parts stores and jobbers are lagging behind, not utilizing technology and web capabilities in ways that could make their businesses run more efficiently.
Affinia Under Vehicle Group Announces New Series of Training Programs
The Affinia Under Vehicle Group has announced a series of upcoming training programs available to service technicians across the country. A variety of accredited courses are available throughout the year at the company’s McHenry , IL , training center and through field training modules. The cost of training is less than $15 per hour, and students’ progress will be measured through examinations and training laboratory demonstrations.
Affinia Under Vehicle Group Releases 2006 Training Center Schedule
The Affinia Under Vehicle Group has released its 2006 schedule for Raybestos brand brakes and Spicer Professional Grade Chassis training classes. All classes will take place at Affinia Under Vehicle Group, which is located approximately 50 miles northwest of Chicago in McHenry, IL.
ARI Names New Director of Warehouse Management
American Remanufacturers Inc. (ARI) announced that Sam Ornelas has joined the company as the new director of warehouse management. Ornelas brings 21 years of aftermarket distribution experience to ARI. Ornelas formerly served as the warehouse manager for Brake Parts Inc. (BPI) in McHenry, Ill. His previous experience at BPI included managing more than 56,000 SKUs and millions of dollars in inventory.
Tom O’Brien Joins ARI
Tom O’Brien, former vice president of marketing at Dana Brake and Chassis, has joined ARI as vice president sales, special markets. In this new position, O’Brien will be responsible for national accounts, co-manufacturers, OE service and export sales for all ARI divisions.