Painters Supply & Equipment Co. (PSE) announced today that an affiliate of the company has completed the acquisition of Nyquist, Inc. The acquisition adds five locations in the Mid- Atlantic region. Based in Baltimore, Md., Nyquist was founded in 1955 by George Nyquist Sr., who later sold the business to his son George Nyquist Jr. […]
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 […]
Virginia Governor Signs Vehicle Safety Inspection Program Legislation
The Automotive Service Association reports that after efforts earlier this year to eliminate the state’s motor vehicle safety inspection program, Virginia Governor Ralph Northam (D) has signed a bill that keeps safety inspection programs in place in the state. House Bill (HB) 1414 states, “Motor vehicles, trailers, and semitrailers required to be inspected pursuant to […]
ASA Urges Industry to Contact Legislators on Virginia Proposal to Eliminate Safety Inspection Program
In his budget briefing, Virginia Gov. Ralph Northam unveiled plans to eliminate the state’s motor vehicle safety inspection program. The Automotive Service Association (ASA) opposes the elimination of state vehicle safety inspections and believes these programs benefit the motoring public. ASA is urging Virginia repairers and vehicle owners to send a letter to their representatives […]
TSG Consumer Partners Acquires Joe Hudson’s Collision Centers
Private equity firm acquires 110 store collision repair chain. TSG Consumer Partners (TSG), a private equity firm focused exclusively on the branded consumer sector, today announced that it has signed an agreement to acquire a majority stake in Joe Hudson’s Collision Centers (JHCC) from Carousel Capital. Carousel Capital and JHCC management will continue as minority […]
CARSTAR Adds Collision Repair Centers to Network in California and Virginia
CARSTAR announced the addition of collision repair centers to its network of independently-owned facilities in California and Virginia. CARSTAR Ukiah, a 7,000 sq. ft. facility located at 550 Talmage Rd, in Ukiah Calif., is the second location for owner Jeff Yokum, who also owns CARSTAR Yokum’s Body Shop in Willits. With his father opening the […]
Copart Opens New Location in Virginia
Copart, Inc. (NASDAQ:CPRT) announced it opened a new location at 4717 Massaponax Church Road, in Fredericksburg, Va.. This facility will serve its customers from Washington, D.C. and both Richmond and Charlottesville, Virginia. “I am proud of our team’s hard work in making this location a reality for our customers,” said Jay Adair, CEO of Copart. […]
Virginia Passes Legislation Prohibiting Counterfeit and Non-Functional Airbags
Virginia is the latest state to make the manufacturer, sale or installation of a counterfeit or non-functional airbag a crime. Virginia House Bill 2143 (HB 2143) was signed by Governor Northam on March 14. The bill, introduced in January, amends Chapter 392, Section 46.2-1088.3 of the Code of Virginia to provide that any person is […]
CARSTAR Adds Two Locations to Collision Repair Network
CARSTAR announced the opening of CARSTAR Advantage Collision Center, a 20,000 sq. ft. collision repair center, located at 3013 Airline Blvd. in Portsmouth, Va. and CARSTAR Collision Express, an 18,000 sq. ft. center located at 3705 Carolina Beach Rd, Wilmington, N.C. The collision repair centers are owned by Lisa and Mike Black. “Having been an […]
KSI Auto Parts Acquires Richmond Bumper
KSI Trading Corp. announced that it has signed an agreement to acquire Richmond Tidewater Bumper (RTB). Based in Mechanicsville, Va., Richmond Tidewater Bumper was founded in 1980 by Norman Seay. KSI’s business will be enhanced by RTB’s 200,000 square foot distribution facility, which provides access to markets in coastal Virginia as well as in North […]