Marks the MSO’s 18th state. Joe Hudson’s Collision Center announced its expansion into West Virginia through the acquisition of Geer Brothers Body Shop locations in Barboursville and Huntington. This development brings the total number of states where Joe Hudson’s operates to 18, reinforcing the company’s dedication to entering new markets while also enhancing its presence […]
PSE Group Enters 16th State with Refinish Distributor Acquisition in West Virginia
The PSE Group announced it expanded its footprint in the automotive refinish segment, with the acquisition of West Virginia-based RMS Pro Finishes, a provider of automotive refinish and associated products. “We are thrilled to welcome RMS Pro Finishes into the PSE Group family of companies. This acquisition represents our commitment to strategic partnerships that further […]
Summit Partners Acquires CollisionRight from CenterOak Partners
Collision repair facility operator has 89 collision repair centers in nine states. CenterOak Partners LLC, the Dallas, Texas-based private equity firm, today announced the sale of CollisionRight, Inc. to Summit Partners. Terms of the transaction were not disclosed. The majority investment from Summit Partners, a growth equity investment firm, will provide new capital to help […]
Toyota Announces $90 million Investment in Two U.S. Plants to Further Expand Electric Vehicle Production
Toyota announced an additional $90 million investment for two of its U.S. manufacturing facilities. Toyota West Virginia (TMMWV) will receive $73 million. This investment comes on the heels of the $240 million investment announced last November and will increase hybrid transaxle production capacity to 600,000 units per year. With this funding, TMMWV will also begin […]
Driven Brands Expands to Over 300 Car Washes in the U.S. Following Acquisition of 16 Locations
Driven Brands Holdings Inc. (NASDAQ: DRVN) announced the acquisition of its 100th car wash since entering the business in August 2020 with the acquisition of the International Car Wash Group. This milestone highlights the speed at which Driven Brands is expanding in one of its newest business segments. This brings the total number of Driven […]
Allan McVey Appointed West Virginia Insurance Commissioner
West Virginia Governor Jim Justice announced that he has appointed Allan L. McVey as West Virginia Insurance Commissioner. McVey has served as Cabinet Secretary of the West Virginia Department of Administration since January 2019. McVey previously served as West Virginia Insurance Commissioner from March 2017 until his appointment as Secretary of Administration. McVey fills the […]
WMABA Opposes West Virginia Parts Bill
Association concerned neighboring states’ efforts to enact non-OE part restrictions will be affected by passage of legislation. The Washington Metropolitan Auto Body Association (WMABA), the association representing collision repairers in Maryland, Virginia and Washington, D.C., is strongly urging legislators in neighboring West Virginia to vote against Senate Bill 544 (SB 544) that would eliminate OE […]
West Virginia Bill Seeks to Eliminate Consumer Consent on Collision Repair Parts
ASA opposes West Virginia SB 544 that would eliminate OE requirement on newer vehicles and change notification language. West Virginia Senate Bill (SB) 544, introduced by state Sen. Mark Maynard, R-6, would eliminate the requirement for consumer written consent when using aftermarket parts in a vehicle that is still under the manufacturer’s warranty. According to […]