Products: Page 40

ITW Evercoat launches online resource for techs

Cincinnati, Ohio — September 14 — ITW Evercoat has announced the launch of a new website, designed to be a resource for collision centre professionals and technicians. The new site features complete product and technical information–including Safety Data Sheets–on the company’s offerings, such as body fillers and putties, adhesives, sealants, plastic repair product and polyester […]

Barge full of crushed cars tips in Victoria harbour

By Jeff Sanford Victoria, British Columbia — August 31, 2015 — A barge loaded with several hundred crushed cars tilted Friday afternoon, spilling twenty vehicles into Victoria’s inner harbour. The recycled vehicles are owned by US recycler Schnitzer Steel, which operates steel recycling and auto parts recovery operations across Canada and the United States. The […]

Greg Woodbeck joins OARA Board of Directors

London, Ontario — August 26, 2015 — Greg Woodbeck of Woodbeck Auto Parts in Stirling, Ontario has been appointed to the Ontario Automotive Recyclers Association (OARA) Board of Directors. A vacancy in the Board occurred when Don Fraser of AADCO Auto Parts stepped down earlier this month. “I would like to welcome Greg to the OARA […]

Uni-Select becoming a market darling?

By Jeff Sanford Boucherville, Quebec — August 24, 2015 — Not bad for a Canadian company in a niche sector. It seems Quebec parts distributor Uni-Select is developing a bit of a reputation as a bit of a stock market star. Most recently the company featured in a story that ran on the Bloomberg news […]

Financial round-up: LKQ buys Wheelers, Zacks gives US Auto Parts a “buy”

By Jeff Sanford Toronto, Ontario — August 20, 2015 — Wall Street continues to show new interest in the collision repair sector, with some interesting developments happening in the financial sector. Texas-based investment advisor Generational Equity announced LKQ Corporation has purchased its client, an autobody supply firm known as Wheeler’s Autobody Supply. Based in Iowa, […]

CAR-MS QRP partners with Monidex to increase offering

By Mike Davey Toronto, Ontario — August 18, 2015 — CAR-MS QRP Group of Recyclers has announced the signing of Monidex Distribution as the newest member of the CAR-MS QRP Group. A statement from CAR-MS QRP says that as a leading importer and wholesaler of automotive aftermarket sheet metal and mechanical parts, Monidex is a perfect fit. Pat Ryan, […]

Advance Automotive Solutions offers a fix to the labour shortage

By Jeff Sanford Ottawa, Ontario — August 17, 2015 — Collision repair facility owners know how difficult it can be to maintain proper staffing levels. The decision whether to hire a new full-time employee is a tough one. The nature of the collision repair business is that some weeks there is too much work. Other […]

Dupli-Color, VHT team up for ‘Garage Challenge’ YouTube series

Cleveland, Ohio — August 13, 2015 — Dupli-Color and VHT will be going head-to-head this summer with the launch of a YouTube series where run-down vehicles will be brought back to life using both companies’ products. Garage Challenge kicks off August 13 on the Dupli-Color YouTube channel, with truck enthusiast Matt Steele acting as host […]

Will surging demand from China drive up the price of aluminum?

By Jeff Sanford Toronto, Ontario — August 11, 2015 — A new report suggests that the current boom in the Chinese auto sector will see much more aluminum used in that country over the years to come. The report, “Global and Chinese Aluminum Alloy Automotive Sheet Industry Report, 2014-2017” claims that China’s growth in the […]

Mitchell report: Alberta, Saskatchewan top Length of Rental list

San Diego, California — August 11, 2015 — Mitchell has released its Industry Trends Report (ITR) for the third quarter of 2015. In this issue, Mitchell’s VP of Industry Relations, Greg Horn, looks into the data on the top 10 most frequently damaged parts to determine how often they are repaired versus replaced. Among the […]

Axalta’s net sales up in second quarter of 2015

By Jeff Sanford Toronto, Ontario — August 5, 2015 — Axalta Coating Systems has announced its financial results for the second quarter today. Net sales were $1.1 billion in Q2 of 2015. This is an increase of 8.2 percent increase over the same period last year, but excludes negative foreign currency translations. Taking the conversions […]

Fenix reports numbers, hints at acquisitions

By Jeff Sanford Toronto, Ontario — August 5, 2015 — New publicly-traded recycler, Fenix Parts, has held one of its first public conference calls. The company previously reported financial results for the holding company, Fenix Parts, as well as the financial statements for some of its founding companies. Today’s release updated the financials for the […]

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