The Sherwin-Williams Company (NYSE:SHW) announced that its Board of Directors elected Thomas L. Williams to the Board, effective July 18. Williams also was appointed to the Compensation and Management Development Committee of the Board. Sherwin-Williams’ Board now consists of ten members, including nine independent directors. Williams, 64, currently serves as Executive Chairman of Parker-Hannifin Corporation […]
Kinderhook Industries Acquires Continental Auto Parts
New Jersey based aftermarket collision repair parts distributor has ten hubs in four states. Kinderhook Industries, LLC announced today the acquisition of Continental Auto Parts, L.L.C. in partnership with management. Continental Auto Parts is a is a Newark, New Jersey based distributor of aftermarket collision automotive parts to multi-shop operators (MSOs) and independent collision repair […]
Department of Labor Recovers $66,000 in Back Wages from South Carolina Auto Parts Store Operator
The U.S. Department of Labor Wage and Hour Division announced investigators found that Bellinger Parts Group Inc., that operates six NAPA Auto Parts stores in South Carolina, made illegal deductions for store damage, cash register shortages and uniforms. These deductions caused some workers’ pay to fall below the $7.25 per hour federal minimum wage for […]
Career Education Association Opposed to Federal Budget Cuts for Education and Workforce Programs
The Association for Career & Technical Education (ACTE) has issued an action alert calling on people to write to their members of Congress to oppose cuts to education and workforce programs in the next Federal budget. According to ACTE, on July 14 the House Appropriations Subcommittee on Labor, Health and Human Services, Education and Related […]
Chris Roberts Joins PPG Board of Directors
PPG (NYSE:PPG) announced that Christopher N. Roberts III, executive vice president and general manager, global food and beverage, Ecolab Inc., has been elected to its board of directors, effective Oct. 18, 2023. Roberts will serve on the Audit Committee and the Sustainability and Innovation Committee of PPG’s board. Roberts has served in his current role […]
Jennifer Keaton Named Director of Government Affairs at Auto Care Association
The Auto Care Association today announced the addition of Jennifer Keaton as its new director of government affairs. Keaton will work within a four-person department advocating on behalf of the automotive aftermarket with federal and state legislators as well as relevant regulatory agencies. Her role is critical in ensuring the management of state legislation and […]
PPG Reports Record Second Quarter Sales of $4.9 Billion
Organic sales up 4% while volume declined about 2% during the quarter. PPG (NYSE:PPG) today reported record net sales of $4.9 billion in the second quarter, an increase of 4% over the prior year. The company reported organic sales growth of 4% year over year (YOY) was led by higher selling prices. Organic sales exclude […]
Allstate Announces Auto Rate Increases of Over 11% in 12 Markets
National General brand auto rates also increasing. Announces $1 billion in catastrophe losses for June. The Allstate Corporation (NYSE: ALL) yesterday announced that during the month of June, the Allstate brand implemented auto rate increases of 11.6% across 12 locations, resulting in total brand premium impact of 2.6%. In addition, Allstate reported National General brand […]
LKQ Europe Acquires Commercial Parts Distributor in UK and Ireland
Marks entry into European aftermarket truck parts business. LKQ Europe has entered the truck parts business with the acquisition of Digraph, the UK’s leading independent aftermarket commercial parts distributor specializing in heavy goods vehicle (HGV), coach and bus parts. Following the transaction, Digraph will be integrated into the LKQ UK and Ireland group, alongside LKQ […]
BendPak Industrial Complex Under Development in Alabama
BendPak, Inc. the global garage equipment manufacturer is developing a light industrial space on 33 acres in Mobile County, Ala. The BendPak Industrial Complex will be located a couple miles from BendPak’s recently expanded East Coast campus. “Our business growth through diversification model is opening new doors and business opportunities,” says Jeff Kritzer, BendPak president […]
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