Transpro Signs Supply Agreement with Lordco
Transpro has been named a supplier of radiator and heater core programs for Lordco Inc., based in Vancouver, BC. Under the agreement, Transpro will supply Lordco with its Ready-Rad Radiator and Ready-Aire Heater Core product lines. The program will be rolled out to the Lordco distribution system throughout the month of March.
Pep Boys to Offer Shares of Its Common Stock
Pep Boys has commenced a public offering of 4,250,000 shares of its common stock (with up to an additional 637,500 shares to cover over-allotments, if any). The company said it intends to use the net proceeds from the offering for repayment of borrowings and store redesigns.
Defining The Process Enterprise
In this week’s article we’ll deal with a fundamental question: What is a “process enterprise” and how does it differ from the kind of enterprise most of us are living in today?
Foreign Countries Try to Lure Auto Jobs
Luis Salazar’s booth is one of the largest at the Society of Automotive Engineers World Congress, with four columns, flags and several comfortable leather chairs. But with space that rivals General Motors Corp.’s and Ford Motor Co.’s exhibits, Salazar isn’t pushing cool 21st-century technology, sensors or car parts — he’s pushing Mexico. If you have jobs, the Mexican deputy trade commissioner has plenty of land, workers and a proven track record with the auto industry to offer.
Replacement Parts To Acquire Louisiana Chain
Aftermarket Auto Parts Alliance/Bumper to Bumper member Replacement Parts,Inc., which operates 134 stores and four distribution centers, has entered into an asset purchase agreement with Dimmick Supply Inc. The agreement will transfer all of Dimmick’s 10 stores and its single DC to Replacement Parts as of March 29. Dimmick Supply is also a Bumper-to-Bumper member, and its stores will continue to operate as such. The Dimmick stores are located in or adjoining existing Replacement Parts territories in southwest Louisiana and will be served out of the Monroe DC.
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.
Aftermarket Symposium Panel To Discuss Upcoming Underhood Trends for 2010
A panel of automotive aftermarket suppliers will discuss “Under the Hood Car Trends/Future 2010” at the ninth annual Global Automotive Aftermarket Symposium (GAAS). GAAS 2004 is set for Tuesday and Wednesday, May 18-19, at the Hyatt Regency, Chicago. The panel will take place at 9:15 a.m. on Tuesday, May 18.
Aftermarket Symposium Panel To Discuss Upcoming Underhood Trends for 2010
A panel of automotive aftermarket suppliers will discuss “Under the Hood Car Trends/Future 2010” at the ninth annual Global Automotive Aftermarket Symposium (GAAS). GAAS 2004 is set for Tuesday and Wednesday, May 18-19, at the Hyatt Regency, Chicago. The panel will take place at 9:15 a.m. on Tuesday, May 18.
Auto Part Suppliers Study Jobs
Automotive jobs will continue to leave Michigan, but there are remedies, says a report on the future of manufacturing to be delivered today at the opening session of the Society of Automotive Engineers World Congress in Cobo Center in Detroit. The U.S. is expected to see an 11 percent drop in its automotive production jobs by 2010, according to “The Odyssey of the Auto Industry” a study conducted by Roland Berger Strategy Consultants for the Original Equipment Suppliers Association.
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.