AkzoNobel (OTCMKTS:AKZOY)yesterday prevailed in a lawsuit brought by investor Elliott Advisors that sought to unseat AkzoNobel’s chairman over the paint manufacturer’s continued resistance to the takeover bid by PPG Industries (NYSE:PPG) that was launched earlier this year. The decision by Amsterdam Enterprise Chamber rejected Elliott’s request to force AkzoNobel to hold a special shareholder meeting […]
Memorial Day Travel at Highest Level Since 2005
AAA projects 39.3 Million Americans are expected to travel during Memorial Day weekend. Automobile travel will grow by 2.4 percent. AAA projects that 39.3 million Americans will travel 50 miles or more away from home this Memorial Day weekend. That is one million more travelers than last year taking to the roads, skies, rails and […]
Career and Technical Education Faces Cuts in President’s FY18 Budget
Cuts, if approved by Congress, could impact collision repair training programs at high schools. Collision repair training programs in high schools would possibly face cuts under the budget proposed by the Trump Administration this week for Fiscal Year 2018 that begins in October 2017. The Administration is requesting $976.9 million to support career and technical […]
Service King Hired 250 Veterans through Mission 2 Hire Initiative
Service King Collision Repair Centers announced it eclipsed another milestone by surpassing 250 successful hires through its ongoing veterans initiative – Mission 2 Hire. Mission 2 Hire is Service King’s official veterans outreach campaign actively recruiting and hiring U.S. Armed Forces veterans, military spouses and active duty personnel. The initiative continues to outpace its original […]
P.B.E. Jobbers Warehouse Adds Location in the Orlando
P.B.E. Jobbers Warehouse, Inc. (P.B.E.) announced that the grand opening of its newest location in Orlando, Fla. will be June 19. The new facility will be P.B.E.’s seventh. The new 39,000 sq. ft. facility is located at 11205 Satellite Blvd, and will serve distributors throughout the market. “P.B.E.’s success can be attributed to the philosophy […]
Collision Repair Labor Rates for Aluminum Show Wide Variation by Market in the U.S.
Our comparison of average steel body and structural labor rates to cosmetic aluminum and structural rates shows wide variations by Metropolitan Statistical Area. As collision repair facilities have invested in aluminum repair capabilities, by far one of the most common questions we get from readers on both the repair and insurance side of the industry, […]
US Department of Labor Announces Insurance Claim Apprenticeship Program at The Hartford
The U.S. Department of Labor announced that The Hartford welcomed the first cohort of apprentices to its newly launched insurance apprenticeship program at a ceremony in Hartford, Conn. Part of the U.S. Department of Labor’s ApprenticeshipUSA program, The Hartford is partnering with the Connecticut Department of Labor, Arizona Department of Economic Security, Capital Community College […]
Australia’s Capital S.M.A.R.T. Adds Collision Repair Center in New South Wales
Capital S.M.A.R.T announced it our newest site in Ingleburn, New South Wales . The new site is the company’s 11th collision repair center in New South Wales and over 40 locations in Australia and New Zealand. Group Operations Director of S.M.A.R.T, Jim Vais, stated that he was excited about the customer benefits that the new […]
ASA’s Connected CARS Provides High-Level Look at New Vehicle Technology
The Automotive Service Association (ASA) held its first Connected CARS event May 18-19 in Detroit. The event provided an in-depth look at the technical aspects of the Advanced Driver Assistance Systems (ADAS). The event featured 108 attendees, including shop owners, technicians, educators, engineers and industry VIPs interested in rapidly evolving vehicle technology and testing. Trainers […]
Mike Black Named President and COO at Dent Wizard
Dent Wizard International announced the promotion of Mike Black to president, in addition to his current position as chief operating officer. Black replaces Terry Koebbe as president. Koebbe retains his position as chief executive officer. In this role, Black will have more comprehensive responsibility and authority over Dent Wizard’s domestic and international operations, and will […]
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