Business services experts from the Automotive Finishes division of Sherwin-Williams recently assisted a team from Collin College in Allen, Texas, to build-out the school’s new Automotive Technology program. The school offers Associate of Applied Science (AAS) degrees in Collision Technology as well as certificate programs for metal and refinish technicians. The Sherwin-Williams team worked to […]
Lawson Products Acquires Partsmaster
Lawson Products, Inc. (NASDAQ: LAWS) announced the acquisition of Partsmaster, a leading maintenance, repair and operations (MRO) solutions provider with annual sales of approximately $63 million. Partsmaster serves 16,000 customers with over 200 sales representatives principally through a distribution center located in Greenville, Texas. “This transaction is an important step in our continued growth strategy. […]
Service King Opens New Collision Repair Center in Texas
New facility is MSOs 27th location in Houston. Also announces restarting full operations at many facilities converted to satellite locations due to COVID-19 slowdown. Service King Collision announced the opening of its most recent location in the Houston market, Service King of Liberty Lakes. The brand-new 14,000 square foot facility is located at 6620 E […]
Asbury Automotive Group Completes Park Place Dealerships Acquisition
Asbury Automotive Group, Inc. (NYSE: ABG) has completed the previously announced acquisition of Park Place Dealerships adding approximately $1.7 billion in annual revenues. The operating assets to be acquired include 12 new vehicle franchises, all of which are located in the Dallas/Fort Worth market: 3 Mercedes-Benz, 3 Sprinter, 2 Lexus, 1 Jaguar, 1 Land Rover, […]
Texas Insurance Commissioner Sullivan Stepping Down
Kent Sullivan has notified Governor Abbott that he will resign as Texas Insurance Commissioner in September to return to the private sector. Sullivan became head of the Texas Department of Insurance (TDI) in October 2017 and has led a modernization effort in his three years at the agency. “Texas is grateful to Kent Sullivan for […]
On the Road Garage Opens Collision Repair Center in Irving, Texas
Announces apprenticeships and online training opportunities. On the Road Garage, part of On the Road Companies, a family of non-profits and businesses building prosperity for America’s workers, announced the opening of its first collision repair center in Irving, Texas. The garage is part of an economic mobility and workforce development initiative that addresses transportation challenges […]
Veterans in Texas Can Now Be Reimbursed for Insurance Exam Fees
Veterans who passed any Texas insurance exam since early 2019 can now get reimbursed for the fee and military spouses licensed out-of-state will have fees waived. “We’re grateful to Veterans Affairs for approving our request,” said Insurance Commissioner Kent Sullivan. “This is a small way to honor those who have served our country, and we’re […]
Texas Auto Body Trade Show Cancelled
In an email, the Auto Body Association of Texas (ABAT) announced it has cancelled the 2020 Texas Auto Body Trade Show that was scheduled for Sept 18-19 in Irving, Texas. The association plans to resume the event next September. Jill Tuggle, executive director of ABAT explained in the email, “We have been closely monitoring the […]
Asbury Automotive Group Acquires Park Place Dealerships Including Two Collision Repair Centers
Asbury Automotive Group, Inc. (NYSE:ABG) announced the acquisition of Park Place Dealerships, one of the country’s largest luxury dealer groups for $685 million of goodwill and approximately $50 million for parts, fixed assets, and leaseholds, excluding vehicle inventory. The operating assets to be acquired include 12 new vehicle franchises, all of which are located in […]
IAA Announces Five Branch Relocations and Expansions
IAA, Inc. (NYSE:IAA) announced branch relocations and expansions in five key markets in California, Texas, New Jersey, Virginia, and South Dakota. The five locations now provide significantly more inventory storage in addition to updated branch facilities. “We strive to ensure that our extensive facility footprint is consistently meeting the needs of our buying and selling […]
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