Pickups Plus Franchisee to Distribute New ValuGard Line
Aftermarket accessories retailer Pickups Plus, which recently acquired Auto Preservation (AP) from Automotive International Inc. will begin to distribute its new ValuGard product and service offering through a franchisee in Columbus, Ohio. Through the recent acquisition, Pickups Plus will now offer automotive dealerships ValuGard care and warranty products, including paint sealant, undercoating, fabric protector and anti-rust compounds, plus a full line of prep/recon products.
Pep Boys Invests in New Distribution Center in California
Pep Boys has announced plans to lease a 600,240-square-foot build-to-suit distribution center in San Bernardino, Calif., at the site of the former Norton Air Force Base, which is being redeveloped for industrial use. The site is now called AllianceCalifornia. Scheduled to open in May 2005, the new distribution center will replace Pep Boys’ existing three-building distribution center complex in Los Angeles.
Pickups Plus Completes Acquisition of Automotive International’s Auto Preservation Division
Pickups Plus, a retailer and national franchiser in the $38 billion truck and SUV aftermarket accessory industry, has acquired the Auto Preservation Division of Automotive International Inc. AI is a privately owned company based in Cincinnati, Ohio that supplies car care and environmental protection products.
DST Asks:Does Your Multi-Store Business Management System Capture and Consolidate Operating Information?
It’s the American way. Start your own business. Perfect your methods. Hire good people. Grow your customer base. Perfect the idea at one location, then expand by adding new locations that share the same business model. Thousands of successful retail enterprises have started in exactly this way. It’s a fundamental way to apply the principle we all learned in Economics 101 – economies of scale. Business 101 would call it leverage. Good entrepreneurs call it survival!
Former RMA VP Joins MEMA
On June 1, Ann Wilson, formerly of the Rubber Manufacturers Association (RMA) in Washington, D.C., will join the staff at the Motor & Equipment Manufacturers Association (MEMA). Previously, Wilson served as the vice president of government affairs at RMA. She will serve in the same role with MEMA.
Modine Expands Global Presence through Acquisition in Asia
Modine Manufacturing Co. has signed a definitive asset purchase agreement for a major expansion into Asia through the acquisition of the Automotive Climate Control Division (ACC) of WiniaMando Inc. WiniaMando, headquartered in South Korea, designs and manufactures heating, ventilating and air conditioning (HVAC) systems for commercial vehicles, trucks, buses and trains as well as other heat transfer components, such as oil coolers and charge air coolers.
Herman Trend Alert: Whither Creativity?
Creativity has been highly valued for centuries. The ability of artists, musicians, writers, explorers, scientists, pioneers and business leaders to create new ideas, approaches, processes and ways of thinking have been admired and honored. The results of these treasured creative people have contributed to the development of new products, art forms, countries, and mankind’s reaching into the mysteries of space beyond our planet.
DENSO Announces Year-end Financial Results
DENSO Corp. has reported its global financial results for the fiscal year, which ended on March 31. The company reported consolidated net sales of $24.2 billion, a 9.8 percent increase from the previous year. Operating income totaled $1.8 billion, an 18 percent increase from the previous year.
UTI Expands Program at Florida Campus to Include Automotive Training
Universal Technical Institute (UTI), a national provider of technical education training, has announced a long-term agreement to expand program offerings at its Orlando, Fla., campus to include automotive training. The Orlando automotive program expansion will help to address the growing technician needs within that specific region, said UTI. According to state occupational projections, Florida has the third largest number of annual automotive technician openings in the U.S.
Radiator.com’s Marketing Drives Sales
A California company has found gold under the hood of America’s older vehicles – with a little help from Visteon Corp. In a little more than a decade, Radiator.com/1-800-Radiator has grown from a $2.5 million local business into a $60 million company with 34 locations nationwide.