At $2.23, Monday’s average national gas price is the cheapest the country has seen all year according to AAA’s Fuel Gauge report. On the week, gas prices fell in 46 states. Only Illinois, Oklahoma and Washington, D.C. saw prices increase, albeit by one cent each, while Hawaii and Maine remained flat. South Carolina continues to […]
Boyd Group Closes Acquisition of Assured Automotive
With the acquisition, Boyd now has 110 locations in Canada and 476 in North America. Boyd Group Income Fund (TSE:BYD.UN) yesterday announced that it has closed the acquisition of Assured Automotive Inc. that was announced in May. The total consideration for the transaction is approximately CA$193.6 million ($148.9 million), subject to closing and post-closing adjustments, […]
FinishMaster Opens Greenfield Location in Nashville
FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS), announced it has opened its first location, a greenfield branch, in Nashville, Tenn. The Nashville opening marks FinishMaster’s fifth location in the state and supports its strategic plan to expand in major metropolitan areas. With the addition of Nashville, FinishMaster now operates 216 branches in 33 […]
Kemperle Joins Refinish Distributors Alliance
The Refinish Distributors Alliance (RDA) has added Albert Kemperle, Inc., with headquarters in Amityville, N.Y., as a new member. Kemperle has 48 locations in 11 states including New Hampshire, Massachusetts, Rhode Island, Connecticut, New Jersey, New York, Maryland, North Carolina, South Carolina, Georgia, and Florida. Kemperle was founded in 1940, as a single store operation […]
AAA Predicts Record Travel for Independence Day Holiday Weekend
44.2 Million People Expected to Travel Independence Day Weekend. Americans driving up 2.9 percent over last year. This Independence Day, a record-breaking 44.2 million Americans will travel 50 miles or more away from home, taking to the nation’s roads, skies, rails and waterways to honor the red, white and blue. With 1.25 million more travelers […]
Auto Care Association, American Insurance Association Support NAFTA Modernization
Aaron Lowe, senior vice president, government and regulatory affairs, Auto Care Association, testified June 28 before the United States Trade Representative (USTR) in support of the North American Free Trade Agreement (NAFTA) in Washington, D.C. “A regional agreement with our neighbors and two of our largest trading partners benefits our membership and the U.S. economy,” […]
Collision Industry Conference Scanning & Diagnostics Task Force Releases Draft Glossary of Terms, Definitions
Four documents will be presented at July 25 CIC meeting. The Collision Industry Conference (CIC) announced several drafts of work products from the Scanning & Diagnostics Task Force of its Emerging Technologies Committee. The Committee will present to the CIC body at the July 25, meeting at McCormick Place Hyatt in Chicago, just prior NACE […]
Property Damage Appraisers Certifies Franchisees in Recreational Vehicle Estimating
Property Damage Appraisers (PDA) announced that its appraisal staff is now certified through the company’s Recreational Vehicle (RV) Certification Program. The specialized training focuses on writing estimates for recreational vehicles including Class A, B, C and Super C motor homes, 5th wheel campers, travel trailers, toy haulers, pop-up campers, truck campers and camper trailers. “PDA […]
Michael Linnerooth Named Business Director for the 3M Automotive Aftermarket Division
The 3M Automotive Aftermarket Division announced the appointment of Michael D. Linnerooth as U.S. Subsidiary Business Director in the Automotive Aftermarket Division effective June 1. Linnerooth has held several Sales and Marketing positions across the 3M Consumer Business Group during his career at 3M. Linnerooth most recently was the U.S. Subsidiary Director in Consumer Health […]
Mitchell Announces $70 Million First Lien Term Loan
Mitchell announced the closing of a $70 million senior secured first lien term loan. The term loan is an add-on under Mitchell’s existing Credit Agreement. Mitchell expects to use the proceeds of the term loan to pay down its revolver and to invest in technologies and companies that drive better outcomes in the markets it […]
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