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Service King Acquires Three Location MSO in Sacramento, California Market

May 9, 2017 By CollisionWeek Editor

Service King Collision Repair Centers announced the acquisition of Sacramento California-based Gamboa’s Body and Frame. Service King now has 12 collision repair centers serving across the San Francisco, San Jose and Sacramento metro areas.  As part of the deal, Gamboa’s Body and Frame locations serving downtown Sacramento, Rancho Cordova, and Roseville will begin operating as […]

Filed Under: News Tagged With: Acquisitions, California, Service King Collision Repair Centers

AkzoNobel Rejects Third Offer from PPG

May 8, 2017 By CollisionWeek Editor

Decision follows review including direct engagement with Board members of PPG. AkzoNobel today announced it has declined a third proposal submitted by PPG Industries on April 24, for all outstanding ordinary shares in the capital of AkzoNobel. According to AkzoNobel, the company concluded its own strategy, presented on April 19, “…offers a superior route to […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, PPG Industries

MITA Collision Acquires Harrington Body Shop in Maryland

May 8, 2017 By CollisionWeek Editor

MITA Collision partners,  Eustace Mita and Dominic DelGiorno, announced the acquisition of Harrington Body Shop in Rising Sun, Md. to do business as Harrington, a MITA Collision Company. Harrington Body Shop is a 20,000 square foot facility in business since 1954.  “I was excited at the opportunity to serve both existing and new customers in […]

Filed Under: News Tagged With: Acquisitions, Maryland, MITA Collision

Equipment and Tool Institute Announces Board Officers and Directors

May 8, 2017 By CollisionWeek Editor

The Equipment and Tool Institute (ETI) announced its new Officers and Board Members that elected or appointed to office for 2017-2018. Officers (one year term) President: Brian Herron (Drew Technologies) Vice President, Programs: Jim Fish (Lemur Monitors) Vice President, Marketing: Kevin FitzPatrick (Farsight) Secretary/Treasurer: Robert Vogt (IOSiX) Elected for a one year term on the […]

Filed Under: News Tagged With: Board of Directors, Equipment and Tool Institute

I-CAR Announces Changes to Class Cancellation Policy

May 8, 2017 By CollisionWeek Editor

Effective May 1, training organization is cancelling classes with fewer than three registered students. Students will be allowed to register for next available class or employer can request a private event. The Inter-Industry Conference on Auto Collision Repair (I-CAR) today announced a new live course cancellation policy that was put into effect last week. Under […]

Filed Under: News Tagged With: I-CAR

State Farm to Consolidate Facilities

May 8, 2017 By CollisionWeek Editor

State Farm consolidation

State Farm Mutual Automobile Insurance Company announced plans last week to exit eleven facilities in stages over the course of several years, beginning in 2018. The work from these facilities will move to the company’s headquarters in Bloomington, Ill., its offices in Atlanta, Dallas, and Phoenix, as well as a number of existing locations across […]

Filed Under: News Tagged With: Auto Insurance, State Farm

Uni-Select Reports Sales Up 12.6% in First Quarter

May 5, 2017 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, reported its financial results for the first quarter ended March 31. The company reported $297.2 million in sales, up 12.6 percent. According to the company, the increase was driven by the sales generated mainly from recent U.S. business acquisitions, resulting in additional sales of $44.5 million or 16.8 […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Auto Care Association Warns on Auto Repair Cost Increase from Proposed Border Adjustment Tax

May 5, 2017 By CollisionWeek Editor

The Auto Care Association warned lawmakers yesterday that the proposed Border Adjustment Tax (BAT) on imports would significantly increase auto repair and maintenance costs for the average car owner in the United States. The BAT, which would impose a new 20 percent tax on imported goods and services, would result in a $20 billion per […]

Filed Under: News Tagged With: Auto Care Association, legislation

AASP-MN 23rd Annual Golf Outing June 20

May 5, 2017 By CollisionWeek Editor

The Alliance of Automotive Service Providers – Minnesota (AASP-MN) is inviting all collision repair and mechanical industry professionals and vendor suppliers to attend its 23rd Annual Golf Outing, Tuesday, June 20, at Keller Golf Course in Maplewood, Minn. Over 150 AASP-MN members, employees, vendors, and insurance industry representatives are expected to enjoy the day of […]

Filed Under: News Tagged With: AASP-MN, Golf Outing

Independent Collision Repair Facility Population Decreased Slightly in 2015

May 5, 2017 By CollisionWeek Editor

2015 Collision Repair Shop Population

Latest data from U.S. Bureau of Labor Statistics reverses trend of independent collision repair facility population growth that started in 2012. The latest available data from the U.S. Census Bureau County Business Patterns annual research series covering 2015 shows that the number of independent collision repair businesses with payroll decreased slightly in 2015 after three […]

Filed Under: Research Tagged With: Shop Population

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