University of Michigan survey shows consumer sentiment improved compared to August but down substantially compared to last year. The steep August falloff in consumer sentiment ended in early September, but the small gain still meant that consumers expected the least favorable economic prospects in more than a decade. The Index of Consumer Sentiment stood at […]
Boyd Group Acquires Collision Repair Center in Burbank, Illinois
The Boyd Group Inc. announced the acquisition of a collision repair center in Burbank, Illinois. This new Gerber Collision & Glass repair center operated as Millennium Auto Sales & Repair and has provided service in this market since 2005. Burbank is approximately 15 minutes south of Midway Airport with a northern border near Chicago. “We […]
CARSTAR Adds Collision Repair Center to Network in Rancho Cordova, California
CARSTAR announced the opening of CARSTAR Pacific Coast Collision Center, a 20,000 square foot collision repair facility, located at 3480 Sunrise Boulevard, in Rancho Cordova, Calif. Eddie Shadarevian, owner of CARSTAR Pacific Coast Collision Center, first got into the collision repair industry selling aftermarket auto body parts. Once he decided to open his own auto […]
Turnspire Capital Partners Acquires Spectra Premium Industries
Turnspire Capital Partners LLC announced today that affiliates have signed an agreement to acquire the assets of Spectra Premium Industries. Headquartered in Boucherville, Quebec, Spectra is a designer, manufacturer and distributor of thermal and fluid management metal-formed products for the automotive, heavy-duty truck and industrial markets. With over 700 employees, Spectra operates manufacturing facilities in […]
OSHA to Increase Enforcement Efforts to Protect Workers from Extreme Heat
To combat the hazards associated with extreme heat exposure, both indoors and outdoors, the White House announced enhanced and expanded efforts the U.S. Department of Labor is taking to address heat-related illnesses. As part of the Biden-Harris administration’s interagency effort and commitment to workplace safety, climate resilience, and environmental justice, the department’s Occupational Safety and […]
Classic Collision Acquires 45 ProCare Collision Repair Locations in Texas
Also adds locations in California and Nevada. Now operates 150 collision repair centers in ten states. Classic Collision, LLC announced its expansion into Texas with the acquisition of all 45 ProCare Collision centers. The company also made separate announcements about expansion in California and Nevada. ProCare Collision, that was backed by the private equity firm […]
Crash Champions Acquires Six Collision Repair Centers in Omaha, Nebraska Market
Crash Champions, LLC announced it has entered the Nebraska market through the acquisition of Inter-Tech Collision Centers. With six locations throughout the Omaha metro area, Inter-Tech provides Crash Champions with a meaningful presence and immediate scale in the state. “Given our established presence in Iowa, Missouri and Kansas, Nebraska was a natural next step for […]
Pete Kornafel Honored with University of the Aftermarket Foundation Educational Advocacy Award
The University of the Aftermarket Foundation (UAF) has presented Pete Kornafel with the UAF Educational Advocacy Award. This prestigious award recognizes an aftermarket leader for their dedication to the pursuit of excellence in education. “Not only has Pete had an impressive professional career in our industry, but he has been devoted to providing scholarship opportunities […]
Ridling Celebrates 13 Years as Alabama Insurance Commissioner
Commissioner Jim Ridling is celebrating 13 years with the Alabama Department of Insurance. Ridling joined the department in September 2008. He is Alabama’s longest-serving Commissioner of Insurance and the longest-serving appointed Insurance Commissioner in the nation. Originally appointed by Governor Bob Riley, he was reappointed by Governor Robert Bentley in 2011 and by Governor Kay […]
CARFAX Announces CEO Retirement And Succession Plan
Vice President Bill Eager named new CEO effective December 1. CARFAX today announced that Dick Raines plans to retire as chief executive officer (CEO) on November 30. Vice President Bill Eager will become the new CEO of CARFAX on December 1. “It’s been my honor and privilege to work with Team CARFAX for the past […]
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