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Dealer Tire Announces $350 Million Senior Notes Offering to Finance Dent Wizard Acquisition

January 24, 2020 By CollisionWeek Editor

Dealer Tire, LLC announced that it intends to offer $350 million in aggregate principal amount of senior notes due 2028 in a private offering. DT Issuer, LLC, the Company’s wholly-owned subsidiary, will act as co-issuer in the Offering. The Notes will be unsecured senior obligations of the Issuers and will be guaranteed by certain of […]

Filed Under: News Tagged With: Dealer Tire, Dent Wizard

Will Latuff Joins Database Enhancement Gateway Joint Operating Committee

January 24, 2020 By CollisionWeek Editor

The Database Enhancement Gateway (DEG) announced Will Latuff, from Latuff Brothers Auto Body Inc. in St. Paul, Minn., as the newest member of its Joint Operating Committee (JOC) providing organization decisions as well as insights and feedback to the DEG for continuous improvement. The DEG is a free online resource developed to address inquiries to […]

Filed Under: News Tagged With: Database Enhancement Gateway, People

Collision Claims Up in Third Quarter of 2019

January 23, 2020 By CollisionWeek Editor

Auto physical damage indicators influencing collision repair industry volume improved during the third quarter of 2019 compared to the previous quarter. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims increased in the U.S. during the 12 months […]

Filed Under: Research Tagged With: Claim Frequency, Claim Severity, Claims, Losses

Applications Open for Over $150,000 in Collision Repair Education Foundation Student Scholarships and Grants

January 23, 2020 By CollisionWeek Editor

The Collision Repair Education Foundation (CREF) 2020 grant and scholarship application period is now open to high school and post-secondary collision students who will be attending career and technical schools and colleges in the fall. The Foundation and its supporters offer over $150,000 in student scholarships and grants annually. Application information for CREF grants and […]

Filed Under: News Tagged With: Collision Repair Education Foundation, Scholarships, Workforce Development

IAA Relocates and Expands Baton Rouge Branch

January 23, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE:IAA) announced the relocation of its Baton Rouge, La. Branch, increasing its capacity by approximately 60 percent. The new facility is located at 5978 Hwy 75 in Carville.  “This relocation of our Baton Rouge facility brings additional capacity to the Gulf of Mexico region, an area where catastrophic weather events occur regularly,” said […]

Filed Under: News Tagged With: Insurance Auto Auctions, Louisiana, Openings

Women’s Industry Network Issues Call for Board of Director Candidates

January 23, 2020 By CollisionWeek Editor

The Women’s Industry Network (WIN) announced it is accepting applications for seats on its Board of Directors. The Board exists to guide the organization in furthering the role of women in the collision repair industry, promoting education, professional advancement and networking. The deadline for applications is Feb. 28. More information on the board and an […]

Filed Under: News Tagged With: Board of Directors, Women's Industry Network

CIECA Announces 2020 Board Officers

January 22, 2020 By CollisionWeek Editor

During the Collision Industry Electronic Commerce (CIECA) board meeting in Palm Springs, Calif. on January 15, the organization’s Board of Trustees elected the following officers for 2020: Chairwoman: Kim DeVallance Caron, Enterprise Holdings Vice Chair: Jeff Schroder, Car-Part.com Treasurer: Michael Naoom, Safelite Solutions Secretary: Greg Best, California Casualty Management Company These officers will serve on […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association, People

LKQ Donates $25,000 to Collision Repair Education Foundation

January 22, 2020 By CollisionWeek Editor

The LKQ Corporation continued its support of the Collision Repair Education Foundation (CREF) with a contribution of $25,000 in 2019. LKQ’s annual contribution allows CREF the ability to work on attracting students to local technical programs, support the students while in school, and help connect the students to local/national industry employers. Terry Fortner, LKQ Vice […]

Filed Under: News Tagged With: Collision Repair Education Foundation, LKQ Corporation, Workforce Development

PPG Foundation Supports Australian Bushfires Relief Efforts

January 22, 2020 By CollisionWeek Editor

PPG (NYSE:PPG) announced initiatives to support Australian bushfire relief efforts. The company will donate $50,000 (AU$72,432) to the Australian Red Cross to assist with emergency relief efforts. PPG has also committed to matching employee donations up to $25,000 (AU$36,193) for a total contribution of $75,000 (AU$108,625). Locally, PPG employees in Australia are working with retail […]

Filed Under: News Tagged With: Australia, Disaster Relief, PPG Industries

AASP-MN Raises Over $14,000 to Support Scholarships at 18th Annual Race for Automotive Education

January 22, 2020 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) held its 18th Annual Race for Automotive Education, January 14- 16, at ProKart Indoor Racing in Burnsville, Minn. The event raised over $14,000 to support the Alliance’s Automotive Education Fund and will fund scholarships for automotive students enrolled in ASE-accredited auto service and collision repair programs […]

Filed Under: News Tagged With: AASP-MN, Fundraiser, Workforce Development

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