PPG (NYSE:PPG) announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. Collectively, the investment – $30 million for U.S. plants and $14 million for facilities in Latin America – is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated […]
IAA Continues to Invest in North American Footprint
IAA Holdings, LLC (IAA), a Ritchie Bros. Auctioneers Incorporated company (NYSE:RBA) (TSE:RBA), announced that it has made strategic real estate investments in New York, Indiana, Connecticut and Delaware. The IAA Staten Island (NY) and IAA Fort Wayne (IN) branches have opened to accommodate growing demand in these busy markets. IAA also has bought out the […]
1Collision Adds Collision Repair Center to Network in Indiana
1Collision announced the addition of Chariot Collision Center, based in Kokomo, Ind. to its network of independently owned collision repair centers. The collision repair facility is part of Chariot Auto Group in North Central Indiana, established in 1926. Ric Pugmire, Chariot’s Director of Collision Operations, said the company is committed to providing world-class customer service […]
Kinderhook Partners with Auto-Wares and Acquires Lafayette Warehouse
Kinderhook Industries, LLC announced the recapitalization of AWI Holdings, LLC (Auto-Wares) in partnership with management. Auto-Wares is a distributor of aftermarket automotive parts to independent service centers, independent parts stores, and direct to consumer through its network of 200+ company-owned stores. Financial terms of the transaction were not disclosed. Subsequent to the recapitalization, Auto-Wares acquired […]
CollisionRight Acquires 4 Collision Repair Centers in Indiana
Focus Advisors, the M&A firm specializing in collision repair transactions, announced that its client, Mills Body Shops of Evansville, Indiana, and its 4 locations have been acquired by CollisionRight, the Columbus, Ohio-based multiple shop operator. Started in 1955 by the Mills family, Don Decker Sr. and Jack Vickery purchased the business in 1977 and grew […]
FinishMaster’s Third Annual Hood Master Challenge on October 7 in Downtown Indianapolis
Unique art event will put the talent of automotive professionals and collision repair students to the test again, while raising funds to benefit an educational grant for students. FinishMaster announced the third annual Hood Master Challenge, PiN Master Student Challenge, and annual fundraiser for students will be free and open to the public on Friday, […]
IAA Expands Presence in Indiana
IAA, Inc. (NYSE:IAA) announced the completion of the IAA Indianapolis South (IN) branch expansion and the start of construction on the new IAA Fort Wayne (IN) branch. These two investments will more than double IAA’s capacity in the state. The new Fort Wayne location will be IAA’s fourth branch in Indiana. “The added capacity of […]
Driven Brands Acquires Auto Glass Repairer in Indiana
Driven Brands announced the acquisition of six Perfection Auto Glass locations. According to Driven Brands, the total addressable market for auto glass repair in North America is approximately $5 billion and growing. Perfection Auto Glass, based in Indiana, was founded almost 20 years ago and grew to become one of the largest locally owned auto […]
Refinish Distributors Alliance Gathered at Spring IMPACT Performance Conference in Indianapolis
Refinish Distributors Alliance (RDA) members, manufacturer partners, and guests gathered for the 2022 RDA IMPACT Spring Performance Conference at the JW Marriott in downtown Indianapolis, Ind. on April 25-27. This was RDA’s first meeting in two and half years and delivered great networking opportunities, excellent meeting content, team building with local generosity, and an awesome […]
All Star Auto Lights Expands into Wheel Replacement with Acquisitions in Tennessee and Indiana
Acquisition provides an extension into related remanufactured and aftermarket parts replacement product offerings. All Star Auto Lights, a portfolio company of Atlantic Street Capital, announced its expansion into the remanufactured and aftermarket wheel category with the acquisitions of Jante Wheel and Perfection Wheel. The company also announced that Rob Barkley was named vice president of […]
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