Raises price and commits to break-up fee if antitrust approvals cannot be secured. PPG (NYSE:PPG) today announced that it submitted a revised proposal for a merger with Akzo Nobel N.V. (AKZA.AS; OTCMKTS:AKZOY). The proposal letter, which was provided to Antony Burgmans, Chairman of the Supervisory Board and Ton Büchner, Chief Executive Officer and Chairman of […]
CARSTAR Reports Near 15% Sales Increase in First Quarter, Outlines 2017 Growth Plans
On Friday, CARSTAR North America shared performance highlights for the first quarter of 2017, along with its outlook for the remainder of the year. After a record year of growth and operational performance in 2016, CARSTAR is continuing that positive trend through the first three months of 2017, posting a nearly 15 percent increase in […]
Axalta Opens Regional Auto Refinish Training Centre in Dubai
Axalta Coating Systems (NYSE:AXTA) last week announced the launch of its Automotive Refinish Training Centre in Dubai, United Arab Emirates. The Centre will provide training in the use of Axalta products that are designed for the repainting of vehicles in collision repair facilities. The opening of the next generation facility follows the October 2016 opening […]
AASP-MN Awards Roger Bonn Honorary Membership
Roger Bonn, recently retired from Peter’s Body Shop in St. Cloud, Minn. has been recognized as an Honorary Member of the Alliance of Automotive Service Providers of Minnesota (AASP-MN). The award was presented during the association’s Annual Meeting & Leadership Conference on April 13th at the Doubletree Hotel in Bloomington, Minn. Bonn is only the […]
Nationwide Insurance Awards $50,000 to Schools Through Collision Repair Education Foundation
The Collision Repair Education Foundation announced that Nationwide Insurance has made a $50,000 donation to assist the Education Foundation’s support of high school and college collision school programs across the country through school grants. Six schools were supported through these Nationwide school grants. The schools applied for the Education Foundation’s 2016 Ultimate Collision Education Makeover […]
California Assembly Insurance Committee Approves Bill that Overturn New Anti-Steering and Labor Rate Regulations
Bill now moves to Appropriations Committee. At a hearing on April 19, the California Assembly Insurance Committee approved Assembly Bill 1679 (AB 1679) that seeks to overturn California Department of Insurance (CDI) anti-steering and collision repair labor rate regulations that took effect in March. The bill passed by a unanimous 13-0 vote during the hearing. […]
National AutoBody Research Launches Labor Rate Survey in for New York
National AutoBody Research (NABR) announced the launch of the VRS Labor Rate Survey in New York, sponsored by an anonymous western New York collision repairer. The online survey is free for all New York collision repairer centers and can be found on the NABR website. The VRS Labor Rate Survey provides both collision repairers and […]
Women’s Industry Network Announces 2017-2018 Board
The Women’s Industry Network (WIN) announced that three new members have been selected to serve on the organization’s Board of Directors. Joining the board to serve the organization for the upcoming term are: Kathy Coffey, AkzoNobel Coatings, Inc. Kathy Mello, TGIF Body Shop, Inc. Louisa Martone, Sherwin-Williams Automotive Finishes “Quite a few strong women applied […]
Classic Collision Opens 19th Georgia Location
Classic Collision Inc. has just opened the doors of its 19th location in the north Georgia Market. This new collision repair center is located in Lawrenceville, Georgia, about 30 miles northeast of Atlanta. This was a greenfield project and construction was just recently completed. Manfred Kammerer, owner and President of Classic Collision, stated, “Our aggressive […]
CIECA Issues Statement Clarifying Position on Standards versus Business Models
Standards developer says it is inappropriate to identify its standards as reason for business model changes. The Collision Industry Electronic Commerce Association (CIECA) released a statement clarifying its position on its standards versus how those standards are used by the industry. In a press release CIECA stated: The Collision Industry Electronic Commerce Association (CIECA) would […]
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