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Wesco Acquires PBE Distributor in Oklahoma

December 5, 2024 By CollisionWeek Editor

The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced that Shawnee Paints has joined the Wesco Team. Shawnee Paints has been servicing the Shawnee, Okla. market since 1913, starting with parts and services for steam engine tractor mechanics but began transitioning immediately to automotive parts with the introduction of […]

Filed Under: News Tagged With: Acquisitions, Oklahoma, PBE Distributor, Wesco

AkzoNobel Announces €3 Million Investment in Global Automotive Training Centre Network

December 5, 2024 By CollisionWeek Editor

AkzoNobel announced it has embarked on a €3 million ($3.17 million) global program to expand and upgrade its network of Automotive Training Centres (ATCs) to further upskill painters, bodyshop managers and OEM engineers on a new generation of coatings and technologies to support the industry in delivering a more sustainable future. AkzoNobel is equipping its […]

Filed Under: News Tagged With: AkzoNobel, Training Center

Beneficial Ownership Reporting Requirements Blocked by Federal Court

December 5, 2024 By CollisionWeek Editor

Nationwide injunction granted in lawsuit that challenged the Corporate Transparency Act and beneficial ownership reporting requirements. The National Federation of Independent Business (NFIB) applauded the December 3 decision in the case Texas Top Cop Shop, Inc., et al. v. Garland, et al. at the U.S. District Court for the Eastern District of Texas granting a […]

Filed Under: News Tagged With: Corporated Transparency Act, Lawsuits, National Federation of Independent Business

Stephanie Yocum Named Chief People Officer at VIVE Collision

December 5, 2024 By CollisionWeek Editor

VIVE Collision, which recently opened its 51st location on the East Coast, announced that Stephanie Yocum has been named Chief People Officer. Yocum’s responsibilities include managing the entire employee life cycle—from talent acquisition and employee engagement to development and culture alignment. As part of VIVE’s senior leadership team, she will help guide strategy, shape organizational […]

Filed Under: News Tagged With: People, VIVE Collision

AM Best Places Stable Outlook on U.S. Personal Lines Insurance Segment as Auto Insurance Market Improves

December 4, 2024 By CollisionWeek Editor

Regulatory approvals of insurance premium rate increases helping market recover. AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, which corresponds with a change to the personal auto outlook. The shift in the personal lines segment outlook cites improved rate and pricing conditions, particularly in […]

Filed Under: News Tagged With: A.M. Best, Property Casualty Insurance

Shawn Hezar Named Chief Corporate Development Officer at Caliber

December 4, 2024 By CollisionWeek Editor

New role to oversee strategic partnerships and evaluate growth opportunities. Caliber announced today that it has appointed Shawn Hezar, its current Chief Client Officer, to the newly formed position of Chief Corporate Development Officer. In his new role, Shawn will be responsible for evaluating opportunistic acquisitions, supporting Caliber’s efforts to diversify its offerings, and building […]

Filed Under: News Tagged With: Caliber, People

Crash Champions Raises $50,000 For Navy SEAL Foundation

December 4, 2024 By CollisionWeek Editor

The Crash Champions Collision Repair Team, as part of its ongoing support of the military community and U.S. Armed Forces nonprofit organizations, this week announced a contribution of $50,000 to the Navy SEAL Foundation. The gift was presented on behalf of Crash Champions team members who purchased and proudly displayed special-edition polos and T-shirts representing […]

Filed Under: News Tagged With: Crash Champions, Donations

SEMA Urges President-Elect Trump to Reject EV Mandates

December 4, 2024 By CollisionWeek Editor

Responding to an active effort to convince President-elect Trump to retain the Biden-Harris Administration’s tailpipe rules and forgo a key campaign promise to halt electric vehicle mandates, the Specialty Equipment Market Association (SEMA) urged the incoming Administration to stay the course and reject widely unpopular electric vehicle mandates. SEMA’s letter to the President-elect follows a […]

Filed Under: News Tagged With: Electric Vehicles, Regulations, Specialty Equipment Market Association

Boyd Group Announces CEO Succession Plan

December 3, 2024 By CollisionWeek Editor

Tim O’Day to be succeeded by Brian Kaner in May 2025. Boyd Group Services Inc. (TSE: BYD) announced that, effective May 14, 2025, Chief Executive Officer Timothy O’Day will step down from his current role, to be succeeded by Brian Kaner, current President and Chief Operating Officer of Boyd. These changes are planned to be […]

Filed Under: News Tagged With: Boyd Group, People

Nexterra Solutions Launches Choice Repair Network Referral Program

December 3, 2024 By CollisionWeek Editor

Announces agreement with Certified Collision Group covering North America. Nexterra Solutions, LLC, the international automotive restoration, claims and service contracts management provider to the insurance and automotive aftermarket sectors, announced yesterday the alignment of its auto physical damage service divisions. With the Nexterra Solutions umbrella launch, the firm now provides a highly scalable, diverse, customizable, […]

Filed Under: News Tagged With: Agreements Signed, Certified Collision Group, Direct Repair Programs, Nexterra Solutions Group

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