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 […]
Deer Crashes Down
State Farm annual report shows reduction in deer-related crashes. American Family reports higher deer hit claim costs. The 16th annual State Farm deer-vehicle collision study shows that overall in the U.S., drivers were less likely – one in 167 – to have a crash involving a collision with deer, elk, moose, or caribou. Last year’s […]
Elon Musk Settles SEC Fraud Charges
Settlement requires Musk to step down as Tesla’s Chairman; Tesla to appoint additional independent directors; Tesla and Musk agree to pay $40 Million in penalties. The Securities and Exchange Commission announced September 29 that Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc., has agreed to settle the securities fraud charge brought by the […]
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