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AASA to Host University of the Aftermarket’s Inventory Management Seminar

Gain a better understanding of the fundamentals of inventory control management and the purchasing process by attending the University of the Aftermarket’s Inventory Management Seminar. The event is set for Monday and Tuesday, March 8-9, at MEMA’s Research Triangle Park, N.C., headquarters and will be hosted by the Automotive Aftermarket Suppliers Association (AASA).

Ex-Visteon Employees File Suit

More than 50 former employees of Visteon Corp. have filed a lawsuit against the $18-billion auto-parts supplier, claiming that the company conned them into signing non-negotiable separation agreements that they later learned were negotiable for more compensation. The multimillion-dollar suit, filed last week in the U.S. District Court in the Eastern District of Michigan, says that Visteon presented 54 workers with separation contracts in April 2001 after the Dearborn, Mich.-based company announced that it would cut its white-collar workforce.

Timken to Sponsor ‘Engineer of the Year’ Award

Timken has announced it will sponsor the Design News “Engineer of the Year” award at the National Design Engineering Show. The award, voted on by readers of Design News, will be presented at a banquet in February at McCormick Place in Chicago. Established in 1987, the Engineer of the Year award recognizes the individuals behind significant developments in the field of engineering. It is the top honor presented at the show, which is part of National Manufacturing Week from Feb. 23-26, 2004. Design News is a trade magazine covering mechanical and electromechanical design engineering.

Suppliers Use Show as Bridge to Buyers

Most people think of Detroit’s auto show as a glitzy showcase for the latest cars and trucks from automakers around the globe. But auto parts makers increasingly are using one of the most influential auto shows in the world to promote their wares to the vehicle manufacturers that buy them and the consumers who use them.