Prairie Capital Advisors, Inc. announced its client PBE Jobbers Warehouse, Inc. has been acquired by National Oak Distributors, Inc. Prairie acted as exclusive financial advisor in this transaction to PBE Jobbers and its shareholders and was led by Tim Witt and Anthony Dolan of Prairie. Terms of the transaction were not disclosed. Founded in 1976 […]
Providence Lacquer Joins Refinish Distributors Alliance
The Refinish Distributors Alliance (RDA) announced that Providence Lacquer in Cranston, R.I. is its newest member. Providence Lacquer has been a family owned and operated business for 71 years. The business was started in 1948 by Fredrick “Red” Kafrissen. They have grown to five locations in four states. Their headquarters and warehouse is in Cranston […]
Copart Acquires New Location in Hartford
Copart, Inc. (NASDAQ:CPRT) opened a new location in Hartford, Connecticut. This location was formerly Hartford-Springfield Auto Auction. This is Copart’s second location in the state. “Our new Hartford location will provide capacity to accommodate our continuing growth in volume and additional convenience for our buyers in the region,” said Copart CEO Jay Adair. Copart hosts […]
Connecticut Legislation Would Require OEM Collision Repair Procedures
Bill would place requirements on both collision repair facilities and insurers to follow OEM procedures and recommendations. Customers can authorize deviations. Connecticut House Bill 7266 (HB 7266), introduced February 28, would place requirements on both collision repair facilities and insurers operating in the state to follow OEM procedures. The bill would add a new section […]
Henkel Opens Training & Application Center in Connecticut
Henkel Adhesive Technologies, the provider for adhesives, sealants and functional coatings worldwide, announced the opening of a new customer training and application center in Rocky Hill, Conn. The facility will offer hands-on technical application training for Loctite brand automotive aftermarket products and Teroson brand collision repair products. The 2100 sq. ft. customer facility is one […]
Veterans Can Be Reimbursed For Insurance Licensing Exam Fees in Connecticut
Part of national effort available in other states Connecticut Insurance Commissioner Katharine L. Wade yesterday announced that U.S. veterans applying for insurance licenses are eligible to be reimbursed for licensing exam fees. “We are honored to offer this service to our veterans working in the insurance industry in Connecticut. Under this program, veterans can be […]
Connecticut Trims $40,000 in Processing Costs with Paperless Adjuster Renewals
Connecticut Insurance Commissioner Katharine L. Wade announced that licensing renewal notices for casualty adjusters and motor vehicle property damage appraisers are now done online, saving nearly $40,000 in processing and mailing costs. “We are pleased to offer another efficient service for the industry professionals licensed by the Department,” Commissioner Wade said. “The Department is now […]
A-1 Toyota Named Certified Collision Center of the Year
A-1 Toyota, a BASF Glasurit collision repair center in New Haven, Conn., won the prestigious Toyota Certified Collision Center of the Year award. This marks the first time a Toyota dealer from the Northeast received the recognition since the award’s inception. Criteria for the award include: achievement of master level training in all departments, strong […]
ASA of Connecticut Hosts Golf Outing to Benefit Military Support Organization
Over 90 Golfers recently attended The Automotive Service Association of Connecticut’s (ASA-CT) sixth annual golf outing at the Lyman Orchards Golf Club in Middlefield, Conn., where monies were raised to donate to various veterans organizations in Connecticut. “ASA-CT’s annual golf outing raises funds each year to give to local charities within the state,” stated Lisa […]
Shop Profitability Seminars Scheduled in Connecticut and Massachusetts
“We’re the only $60 billion industry in America that charges $30 billion for our work” say Tony Lombardozzi and Peter Abdelmaseh, owners of Superare Advertising + Marketing Agency in Belmont, Mass., and they believe auto body repair shops have been offering a “perpetual half-price sale” for decades and don’t have to do that anymore! Two […]