Caliber Collision Centers Expands Coverage In North Texas; Caliber Acquires Streetwerks Collision Center in Corinth

    IRVINE, Calif.--Sept. 16, 2002--In yet another step toward delivering high-quality, state-of-the-art collision repair throughout the state of Texas, Caliber Collision Centers, an Irvine, Calif.-based operator of high-quality collision repair facilities in California and Texas, has announced the acquisition of Streetwerks Collision Center in Corinth, Texas, located northwest of Downtown Dallas.
    The addition of Streetwerks Collision Center further extends Caliber's position as the largest collision repair provider in Texas with 30 centers in operation, 13 of which are located in North Texas. It also expands Caliber's position as the largest independently operated collision repair organization in the United States, with 67 centers in California and Texas.
    "We're extremely excited to continue to grow and expand our coverage in North Texas, and specifically in the Corinth marketplace," said Mark Sanders, director of operations for North Texas. "The three-year-old Streetwerks facility, located on a highly visible stretch of I-35E just eight miles south of our Denton center, has been designed and equipped to ensure the availability of quality repair to the citizens of Corinth and surrounding communities."
    Former Streetwerks owner, Steve Watkins, will continue as the center manager for Caliber, leading the effort to provide complete customer satisfaction and state-of-the-art collision repair. "We're thrilled to be a part of the Caliber team," said Watkins. "Caliber is a first-class operation and we take great pride in knowing that our customers will continue to receive best-in-class collision repair services, while our employees will benefit from Caliber's robust training curriculum and expanded career opportunities."
    Founded in 1991, with headquarters in Irvine, Caliber Collision Centers operates high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 67 facilities and plans to continue acquiring, developing and integrating high-volume collision repair centers while providing innovative collision repair solutions and automobile physical damage claims support.