The Sherwin-Williams Company (NYSE:SHW) and The Valspar Corporation (NYSE:VAL) announced that, as expected, the companies have each received a request for additional information and documentary material, a Second Request, from the United States Federal Trade Commission (FTC) in connection with Sherwin-Williams’ pending acquisition of Valspar. The Second Request was issued under notification requirements of the […]
Copart Opens New Location in Colorado Springs
Copart, Inc. (NASDAQ:CPRT), a global online vehicle auction company, is proud to announce the opening of its second location in Colorado. The 20-acre location in Colorado Springs will hold its first auction today. The facility is Copart’s second location in Colorado and 153rd in the United States. “We are excited to announce the opening of […]
Collision Repair Education Foundation Announces Scholarship Recipients
The Collision Repair Education Foundation announced the recipients of the first round scholarships in 2016 provided to students pursuing a career in the collision repair industry. The scholarship program, funded through the support of the industry, is provided annually to support those who represent the future of the industry both through direct financial assistance and […]
American Honda Launches Consumer Collision Repair Video
American Honda Motor Co, Inc. launched of a new consumer-oriented video entitled, ProFirst – Quality Collision Repair. The video can be seen at American Honda’s consumer web site, and is embedded below. The video compares a collision between two Acura MDX vehicles, one a standard production vehicle and the other, an identical vehicle that was […]
Collision Industry Foundation Raises Funds to Help Collision Repair Technician Affected by Flooding
Imagine receiving a letter from your mortgage company informing you that your home is no longer considered to be in a flood plain. That is the letter the Dreppard family received, and while they were glad to be saving some money after paying extra for flood insurance years, they could not have imagined what was […]
Mitchell Industry Trends Report Celebrates Company’s 70th Anniversary
Report features 70th anniversary interview with President and CEO, Alex Sun. Examines auto physical damage claims severity distribution. Average repairable appraisal up. OEM parts dollars down relative to alternatives. Mitchell today released its Industry Trends Report (ITR) for the second quarter of 2016. In this edition, Alex Sun, Mitchell’s President and CEO, weighs in on […]
CARSTAR Fred Beans Adds Fifth Collision Repair Center in Flemington, NJ
The Fred Beans Family of Dealerships announced the opening of CARSTAR Fred Beans Flemington, located at 172 U.S. Hwy 202, Flemington, N.J. This increases the company’s reach to five locations throughout the region including CARSTAR Fred Beans and CARSTAR McCafferty facilities. “We’re proud to grow with the CARSTAR network,” said Fred Beans, owner. “Since joining […]
Lawson Products Acquires F.B. Feeney Hardware
Lawson Products, Inc. (NASDAQ:LAWS) announced the acquisition of F.B. Feeney Hardware in Mississauga, Ontario, Canada. The transaction closed yesterday. F.B. Feeney Hardware has been serving the industrial market in Toronto and the surrounding area since 1952 and is known as a fleet specialist. The company’s products and value proposition are similar to that of Lawson […]
Fatal Road Crashes Involving Marijuana Double in Washington State After Legalization
Fatal crashes involving drivers who recently used marijuana doubled in Washington after the state legalized the drug, according to the latest research by the AAA Foundation for Traffic Safety. New research also shows that legal limits for marijuana and driving are arbitrary and unsupported by science, which could result in unsafe motorists going free and […]
AASP-MN Awards $14,000 in Scholarships
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) awarded $14,000 in scholarships to help post-secondary automotive students pay for tuition during the 2016-17 school year. The scholarships are in the amount of $1,000 per student and were made possible by a successful fundraising drive within the AASP-MN membership, as well as a generous donation […]
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