Providence Equity takes majority stake in OEConnection
By Jeff Sanford Cleveland, Ohio — June 6, 2016 — OEConnection has announced a deal that sees Providence Equity Partners acquiring a majority equity stake in the company. According to terms of the deal, Providence Equity will take a 50 percent stake in OEConnection; two of the founding investors, Ford and GM, will reduce their […]
BC introduces variable speed limits as pilot project
Victoria, British Columbia — June 6, 2016 — British Columbia has recently unveiled new variable speed signs as part of a pilot project to help reduce the frequency and severity of weather-related crashes. The new signs are now active in three locations throughout the province: the Coquihalla, Sea to Sky and the Trans-Canada Highway near […]
AIA Canada to offer ‘made in Canada’ solution to shop accreditation
By Mike Davey Ottawa, Ontario — June 6, 2016 — Shop accreditation is inevitable. Vehicles continue to increase in complexity, and training and equipment must also advance to meet this increased complexity. A new program, designed and administered by AIA Canada, promises a made-in-Canada solution to the issue of shop accreditation. The Canadian Collision Industry […]
Sherwin-Williams launches Hail Damage Repair System
Mississauga, Ontario — June 6, 2016 — Sherwin-Williams Automotive Finishes has announced the launch of the Hail Damage Repair Process. According to a statement from the company, the new process is a turnkey solution for collision shops repairing cosmetic hail damage. Hail storms invariably cause a spike in automotive insurance claims. Hail damage tends to […]
