The largest private passenger auto insurers in the U.S. gained market share in 2015. Growth continues long term trend. Since 2000, the largest private passenger automobile insurers have been growing their combined market share and more than half of all private passenger auto insurance in the United States is handled by just five companies. The […]
Service King Adds Collision Repair Center in Atlanta Market
Service King Collision Repair Centers announced the acquisition of Absolute Autobody located at 2205 Highway 42 N. in McDonough, Ga. Service King and Absolute Autobody agreed upon and finalized terms of the merger Friday, March 25. The facility is Service King’s seventh in the Atlanta market. “This is an exciting step for the Absolute Autobody […]
NORTHEAST Trade Show Sets Attendance Record, Plans Expansion
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ)’s NORTHEAST 2016 Automotive Services Show, held at the Meadowlands Exposition Center (MEC) in Secaucus, N.J. on March 18-20, broke records in attendance, booth space and seminar registration. “I think for the first time in my life I am kind of speechless,” said AASP/NJ President Jeff […]
BASF Launches Norbin brand in North America
BASF Automotive Refinish announced the launch of Norbin, a new brand of products, in the U.S. and Canada. Norbin primers and clears are now available for purchase through BASF distributors. “Made with BASF technology and easy-to-use, Norbin is designed for the economy segment,” said Amy Kramer, BASF Inside Sales Manager. “Norbin allows our distributors to […]
PPG Names Color Systems Platinum Distributor of the Year
PPG has recognized Color Systems of Warwick, R.I., as its 2015 Platinum Distributor of the Year. Bob Wenzinger, director of the PPG Platinum Distributor program, presented the award at the annual PPG Platinum Distributor Conference, Feb. 25–28 at the Green Valley Resort in Las Vegas. Steven Choiniere, president and owner, and Steve Lauro, sales manager, […]
U.S. Independent Collision Repair Facility Population Grows During 2014 and 2015
Latest statistics from the U.S. Department of Labor indicate that the number of collision repair facilities was on the rise for much of the past two years. For most of the past ten years, the decline in the number of collision repair facilities in the U.S. has been considered by many as a given. With auto […]
Boyd Group Reports Revenue Up 39% in 2015
The Boyd Group (TSE: BYD.UN), the multiple collision repair facility operator and glass service provider, reported its financial results for both the fourth quarter of 2015 and the full year yesterday. The company also provided guidance for 2016 and a long-term projection of future growth. For the year, sales increased by 39.1 percent to CA$1.2 […]
Boyd Acquires Five-Store MSO in Oregon
The Boyd Group Inc. (TSE: BYD.UN) announced that it has added five collision repair centers in the Oregon region through the acquisition of J&M Body Shops in the Portland area. J&M Body Shops, was founded in 1975 in Oregon City. It was acquired on March 21, and will operate as under the Gerber Collision & […]
Service King Acquires Another Maryland Collision Repair Facility
Service King Collision Repair Centers announced it has acquired Mike’s Auto Body, Inc. a single-location operator in Waldorf, Maryland with operations transitioning to Service King management immediately. With the announcement, Service King now provides customers with 11 convenient locations across the DC-Baltimore market. Service King’s recent market expansion includes two partnerships this week and five […]
Property Damage Appraisers Appoints New CFO
Jennifer Salazar has joined the Property Damage Appraisers (PDA) leadership team as chief financial officer. “Jennifer is the perfect addition to PDA’s family,” said Tom Dolfay, CEO of PDA. “She has experience across diverse industries including media, nonprofits, oil and telecommunications and in various roles such as accounting, IT, operations, planning and analysis as well […]