ArvinMeritor Names David Devonshire to Board of Directors
Motorola Executive Vice President and CFO David Devonshire has been elected to the ArvinMeritor Board of Directors. His seat on the board becomes effective on July 22. Before joining Motorola in 2002, Devonshire was executive vice president and CFO for Ingersoll-Rand.
Chicago Rawhide Becomes “Gold” Sponsor of the Car Care Council Women’s Board
Chicago Rawhide (CR) has announced its sponsorship of the 2004 Car Care Council Women’s Board activities. CR will support the board at the “Gold” sponsorship level.
Timken Shareholders Elect New Director
Jerry Jasinowski, president of the National Association of Manufacturers (NAM), was elected for a three-year term on the Timken board of directors, expiring in 2007. Jasinowki was elected during Timken’s annual shareholders meeting held yesterday. James Griffith, John Luke, Jr., Frank Sullivan and Ward Timken have also been re-elected for three-year terms expiring in 2007.
Edelbrock Considers Going Private
Edebrock Corp., the California-based maker of performance replacement parts, is considering going private. Vic Edelbrock, Jr., chairman, president and CEO of Edelbrock Corp., has proposed to acquire all outstanding shares of Edelbrock common stock, not already owned by Edelbrock or his affiliates. Edelbrock and his affiliates currently own approximately 51.2 percent of the company’s stock.
KYB America 2004 Product Catalog Now Available
KYB America has announced that its 2004 “World Class Shocks and Struts” product catalog is now available. The catalog features the entire KYB shock and strut product line, as well as a much expanded range of strut mounts and boots, with a new image to reflect the company’s position as a leading manufacturer of quality shocks and struts.
ExxonMobil Celebrates 30 Years for Mobil 1
ExxonMobil is celebrating the 30th anniversary of the introduction of Mobil 1 synthetic motor oil. First introduced in 1974, Mobil 1 has become the world’s number one-selling synthetic motor oil, according to the company. ExxonMobil kicked off a celebration for the brand on April 13 in Beaumont, Texas, where Mobil 1 is manufactured and distributed for all of North and South America.
MEMA Names New Executive Director of Association Management Division
Brent Hazelett has been promoted to executive director of Management Services Group (MSG), the association management division of MEMA. He has served as the executive director of the Filter Manufacturers Council (FMC) since May 1998, and will continue to serve in that capacity as well.
Grote Names Brewer, Transpro Top Sales Guns
Grote Industries has awarded its top sales performance awards for 2003. Nan Brewer of Mt. Vernon, Ohio, was named the top aftermarket sales manager, while Transpro of Lee’s Summit, Mo., was named top manufacturer’s representative. Transpro, headed by Jeff White and John Cross, was also awarded the top prize in OEM performance.
Raybestos Brand Brakes Becomes “Gold” Sponsor of the Car Care Council Women’s Board
Brake Parts Inc., on behalf of Raybestos brand brakes, has committed to a “Gold” level sponsorship of the Car Care Council’s 2004 Women’s Board activities. Brake Parts Inc., headquartered in McHenry, Ill., is a leading manufacturer of braking systems and components for the automotive aftermarket. The Car Care Council Women’s Board recently expanded its sponsorship program in order to support all the Women’s Board activities for the year. Those activities include industry outreach, consumer education and recruiting women to the industry, as well as serving as an advisory board to the “Be Car Care Aware” campaign.
Auto Supplier Venture: Money Diverted Before its Bankruptcy
One of Michigan’s largest private corporations has taken the extraordinary action of suing the man who founded it, saying he, his family and side businesses owned by them siphoned more than $314 million from the corporation before it declared bankruptcy.