Commissioner Elias said in August 30 editorial that there is no proof of safety concerns suggested by proponents of bill requiring repairers to perform and insurers to pay for OEM collision repair procedures. Associations cite Texas case of improper repairs that led to lawsuit. In a letter today, the Alliance of Automotive Service Providers (AASP), […]
Copart Reports Fiscal Fourth Quarter Revenue Up 20.8%
Copart, Inc. (NASDAQ:CPRT) reported its financial results for it fiscal fourth quarter and year ended July 31. For the fourth quarter, Copart reported revenue of $542.6 million, gross profit of $242.6 million, and net income of $153.5 million. These represent an increase in revenue of $93.4 million, or 20.8%; an increase in gross profit of […]
Mitchell Introduces Cloud-Based Glass Claim Platform
Mitchell announced it has merged its glass claims, repair and replacement solutions into the Mitchell cloud platform to create Mitchell Cloud Glass. This product provides a point-of-sale glass solution for repair and replacement facilities, while modernizing Mitchell’s claims platform for carriers. Mitchell’s new point-of-sale solution, designed as a replacement for the Mitchell GlassMate solution, enhances […]
Chief Donates Welders and Rivet Gun to Collision Repair Education Foundation Top Tech Competition Prize Pool
The Collision Repair Education Foundation announced that Chief Automotive Technologies has donated welders and a rivet gun to be awarded to the collision business whose team places in the top three at this month’s inaugural Top Tech Mentor/Mentee Competition. The donation is in addition to the cash prize pool for the event. The goal of […]
Brian Hoekstra Named Vice President of Mergers and Acquisitions at Lawson Products
Lawson Products, Inc. (NASDAQ:LAWS) announced the appointment of Brian Hoekstra as vice president of mergers and acquisitions, a newly created position. Hoekstra will report directly to Michael DeCata, president and chief executive officer. “A key aspect of our growth strategy involves growing revenues and earnings through acquisitions. Brian comes to us with excellent experience and […]
Collision Industry Foundation Launches Fund to Assist Family of El Paso Shooting Victims
Seeks to raise funds for grandchildren of collision repair shop owner whose son and daugther-in-law was killed in Texas shooting. In the wake of the recent tragic mass shooting in El Paso, Texas, the Collision Industry Foundation (CIF) has committed to assist one of our own in a “Campaign of Caring.” As CollisionWeek reported last […]
Safelite Group Acquires Auto Glass Specialists
Safelite Group announced it acquired Auto Glass Specialists, a single store location in Glenwood Springs, Colo. The transaction was completed at the close of business August 30. Auto Glass Specialists has been in business for 16 years, owned and managed by Austin Cavender since 2006. The acquisition will expand Safelite’s brick-and-mortar footprint in the area, […]
SEM Products and Mothers Polishes Announce Collision Repair Market Distribution Partnership
SEM becomes exclusive North America distributor of Mothers professional products. SEM Products and Mothers announced that effective August 30, SEM Products is now the exclusive distribution partner for Mothers Professional products in the United States and Canada to service the collision repair market. Through the partnership, SEM Products will oversee distribution to its network of […]
Fix Network Announces Global Supply Partnership with SATA
Steve Leal, President & CEO of Fix Network World, announced the addition of spray gun manufacturer SATA as one of their official global supply partners. “Fix Network is working hard to deliver a quality supply chain offering to its members. This global agreement with SATA is reflective of our ongoing objective to provide best in […]
Stephen Healer Named UK Sales Manager at Symach
Symach announced the appointment of Stephen Healer as Symach’s UK Sales Manager, effective immediately. This new entry among the Symach staff is part of a larger plan to open a Symach UK subsidiary within next year. Prior to joining Symach, Stephen worked at Nitrotherm Spray as National Sales Manager, UK. In that role, Stephen was […]
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