3M lead sponsor of 2019 WorldSkills USA team. SkillsUSA revealed 20 young competitors who will represent the United States at WorldSkills, the largest international showcase of the skilled trades including competitors in the auto body repair and car painting competitions. Every two years, competitors from 76 countries and regions around the world compete in more […]
Honda Joins with Cruise and General Motors to Build Autonomous Vehicle
Cruise and General Motors Co. (NYSE: GM) announced today that they have joined forces with Honda to pursue the shared goal of transforming mobility through the large-scale deployment of autonomous vehicle technology. Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings […]
Boyd Group Acquires Collision Repair Center in Ontario, Canada
The Boyd Group Inc. announced that on September 21, it acquired a location in Dundas, Ontario. The new Assured Automotive-branded location previously operated as Terry’s Autobody. Dundas is a community near Hamilton, Ontario and is popular tourist destination outside of Toronto. “We are pleased to add this location, which has served the Dundas market well […]
WIN Kicks Off 2019 #ALLIN4WIN Membership Drive
The Women’s Industry Network (WIN) announced the kick-off of its annual #ALLIN4WIN Membership Drive. The drive runs through December 31st and offers special membership pricing of $105 for the remainder of 2018 and all of 2019. Additionally, anyone who joins or rejoins WIN during the drive will be entered into a Grand Prize drawing for […]
SEMA Early Bird Registration Deadline October 12
Society of Collision Repair Specialists (SCRS) is reminding the collision repair industry to take advantage of the early registration deadline of October 12 to receive discounts for the 2018 SEMA Show and the SCRS’ Repairer Driven Education (RDE). Repairer Driven Education at the SEMA Show takes place Monday through Friday, Oct. 29 – Nov. 2, […]
Boyd Group Opens Collision Repair Center in Louisiana
New location in Lafayette was previously a car dealership and auto repair facility. The Boyd Group Inc. today announced the September 27 opening of a collision repair location in Lafayette, Louisiana. This brownfield development previously operated as a car dealership and most recently a car repair center. Now a Gerber location, this center is located […]
U.S. and Canada Reach Agreement on Revamped NAFTA
The U.S. and Canada announced that they reached an agreement to revamp the North American Free Trade Agreement (NAFTA). Mexico and U.S. had previously announced an agreement to modernize the agreement. A key piece of the new new United States-Mexico-Canada Agreement (USMCA) centers on the auto industry and the Trump Administration’s desire to have higher […]
Career and Technical Education Sees $70 Million Funding Increase with Perkins Act Approval
President Trump signed H.R. 6157 (115), which includes the Labor, Health and Human Services, and Education appropriations bill for Fiscal Year (FY) 2019. The bill contains a $70 million increase in the federal investment in the Carl D. Perkins Career and Technical Education (CTE) Act’s Basic State Grants. The Perkins Act provides funds for career […]
Lawson Products Acquires Screw Products, Inc.
Lawson Products, Inc. (NASDAQ:LAWS) announced the acquisition of Screw Products, Inc. (SPI). The acquisition closed yesterday. Terms of the transaction were not disclosed. Based in Dallas, Texas, SPI is a regional distributor of bulk industrial products to large manufacturers and job shops. SPI provides customized fastener and components packaging, sub-assembly, and kitting services in its […]
AkzoNobel Returns Over $6.3 billion to Shareholders Following Sale of Specialty Chemicals
Akzo Nobel N.V. today announced shareholders will receive €5.5 billion ($6.36 billion), following completion of the sale of the Specialty Chemicals business that was announced yesterday. This is in addition to €1 billion ($1.15 billion) advance proceeds distributed by a special cash dividend paid on December 7, 2017. A total of €6.5 billion will have […]
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