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LKQ Acquires Hybrid Battery Reconditioner Green Bean Battery

May 25, 2021 By CollisionWeek Editor

LKQ Corporation (NASDAQ: LKQ) today announced that it has acquired the business and assets of Green Bean Battery, LLC. Founded in 2016, Green Bean is a hybrid battery reconditioner and installer, which has developed a proprietary hybrid battery reconditioning process that creates a more reliable battery while simultaneously extending its useful life. Green Bean acquires […]

Filed Under: News Tagged With: Acquisitions, Electric Vehicles, LKQ Corporation

Copart Reports Fiscal Third Quarter Revenue of $733.9 million

May 25, 2021 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported financial results for its fiscal third quarter ended April 30. For the quarter, revenue, gross profit, and net income were $733.9 million, $381.3 million, and $286.8 million, respectively. These represent an increase in revenue of $183.6 million, or 33.4%; an increase in gross profit of $138.7 million, or 57.2%; and […]

Filed Under: News Tagged With: Copart, Earnings

WreckMaster and the Towing and Recovery Association of America Announce Certification Program

May 25, 2021 By CollisionWeek Editor

TROCP logo

WreckMaster Inc. and the Towing and Recovery Association of America, Inc. (TRAA) have announced a new partnership that will oversee the creation of a new standardized certification body. This move to one united certification is designed to increase safety, professionalism, and better serve the whole towing and recovery industry. The new co-branded certification offerings will […]

Filed Under: News Tagged With: Certification, Towing, Towing and Recovery Association of America, WreckMasters

Ben Bowman Named Senior VP of Global Supply Chain at Original One Parts

May 25, 2021 By CollisionWeek Editor

Original One Auto Parts, LLC, announced that Ben Bowman has been named Senior Vice President of Global Supply Chain. Bowman has held numerous global sourcing leadership positions in the automotive aftermarket, the most recent as VP of Supply Chain and Quality at TruckLabs. He has experience in international sourcing/outsourcing, and product development for OEM, aftermarket […]

Filed Under: News Tagged With: Original One Parts, People

Classic Collision Acquires 4 Collision Repair Centers

May 24, 2021 By CollisionWeek Editor

Marks entry into Alaska for multiple shop operator, also adds location in Florida. Classic Collision, LLC announced two separate acquisitions of three Able Body Shops in Anchorage, Alaska and one Prestige Auto Collision in Cutler Bay, Fla. Classic Collision now operates a total of 74 repair centers in Georgia, Florida, Alabama, South Carolina, California, and […]

Filed Under: News Tagged With: Acquisitions, Alaska, Classic Collision, Florida

CCC Reports Revenue of $157.8 million in First Quarter

May 24, 2021 By CollisionWeek Editor

CCC Information Services Inc. announced total revenue was $157.8 million for the first quarter of 2021 ended March 31, compared to $159.2 million for the first quarter of 2020. Adjusted for the impact of the divestiture of a portion of its professional services casualty solution in December 2020, total revenue grew 7% in the first […]

Filed Under: News Tagged With: CCC Information Services, Earnings

I-CAR Opens Online Nominations for 2020 Russ Verona Memorial Award and Jeff Silver Award

May 24, 2021 By CollisionWeek Editor

The Inter-Industry on Auto Collision Repair (I-CAR) announced online nominations are now open for its two top 2020 industry awards which recognize outstanding contributions to advancing technical education and professionalism in the collision repair industry; the Russ Verona Memorial Award and the Jeff Silver Award. Nominations for both awards are being accepted for consideration through […]

Filed Under: News Tagged With: Awards, I-CAR

PPG Introduces Waterborne Low-Gloss Clearcoat System

May 24, 2021 By CollisionWeek Editor

PPG (NYSE:PPG) announced the launch of its 2.1 Low VOC Matte and Semi-Gloss Clearcoats for use with the Envirobase High Performance basecoat system in the United States and Canada. Comprised of two premium-quality 2K acrylic urethane clears, the system can reproduce a range of gloss levels—making it ideal for performing refinish repairs on low-gloss finishes […]

Filed Under: News Tagged With: PPG Industries, Refinish, Waterborne

Judell Anderson Announces Retirement as AASP-MN Executive Director

May 24, 2021 By CollisionWeek Editor

Judell Anderson, executive director of the Alliance of Automotive Service Providers of Minnesota (AASP-MN) since 1996, announced that she will retire at the end of this year, the association reports.  With Anderson at the helm, AASP-MN enjoyed major legislative victories, created a scholarship program, expanded member benefits and attained record membership.  She introduced strategic planning […]

Filed Under: News Tagged With: AASP-MN, People

Rhode Island $15 Minimum Wage Bill Signed into Law

May 20, 2021 By CollisionWeek Editor

Legislation will gradually raise the minimum wage to $15 over four years. Legislation sponsored by Rep. David A. Bennett and Sen. Ana B. Quezada to raise the minimum wage in Rhode Island from $11.50 to $15 over the next four years was signed into law by Gov. Dan McKee on May 20, two days after […]

Filed Under: News Tagged With: legislation, Minimum Wage, Rhode Island

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