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July 1998

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Friday, July 17, 1998

Aeroquip-Vickers Reports Best Quarter Ever

Aeroquip-Vickers Reports Best Quarter Ever

Aeroquip-Vickers, Inc. announced that second-quarter earnings per share were a record $1.33 and a 16% increase over 1997 second-quarter earnings per share of $1.15. Sales increased to a quarterly high of $574.3 million, from $556.3 million in 1997. ... Continue reading

AMETEK Completes $225 Million Senior Note Offering

AMETEK Completes $225 Million Senior Note Offering

AMETEK Inc. announced the conclusion of its Rule 144A placement of $225 million principal amount of 7.20% Senior Notes due 2008, and the related completion of the tender offer for all of its $150 million principal amount of 9-3/4% Senior Notes due 2004. ... Continue reading

Arvin Declares Cash Dividend

Arvin Declares Cash Dividend

The Board of Directors of Arvin Industries, Inc. declared a quarterly cash dividend in the amount of 20 cents per Common Share, payable September 30, 1998, to shareholders of record as of the close of business on September 4, 1998. ... Continue reading

Assembly Plant Forerunner in City of Detroit's Revitalization

Assembly Plant Forerunner in City of Detroit's Revitalization

As production of the all-new 1999 Jeep Grand Cherokee begins this week, Chrysler Corporation's Jefferson North Assembly Plant stands as a crown jewel on the city of Detroit's east side, and the focal point of the Corporation's commitment to urban areas. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 29

AUTO QUESTIONS AND ANSWERS FOR WEEK 29

AUTO QUESTIONS AND ANSWERS FOR WEEK 29 ... Continue reading

Barnes Group Declares An Increasein Dividend

Barnes Group Declares An Increasein Dividend

Directors of Barnes Group Inc. declared an increase in the cash dividend to 18 cents per share on its common stock for the third quarter of 1998, payable Sept. 10, 1998, to stockholders of record Sept. 1, 1998. ... Continue reading

Burbank Unveils Fleet of Four Urban Electric Shuttle Buses

Burbank Unveils Fleet of Four Urban Electric Shuttle Buses

Four state-of-the-art electric shuttle buses have officially entered service in Burbank, launching an innovative, clean transit "commuter connection" between Metrolink commuter trains and the city's booming Media District. ... Continue reading

CART: Driver Standings Through July 16

CART: Driver Standings Through July 16

CART: Driver Standings Through July 16 ... Continue reading

Chrysler Reports Assembly Plants Schedule

Chrysler Reports Assembly Plants Schedule

Chrysler Corporation reports five of its nine U.S. assembly plants and two its three Canadian assembly plants will operate the week of July 20, 1998. ... Continue reading

Creative Recycling Technologies, Inc. Makes Announcement

Creative Recycling Technologies, Inc. Makes Announcement

Creative Recycling Technologies, Inc. announced that CRT has been contacted by several foreign countries about the tire recycling process. ... Continue reading

Customers Urged to Respond to the Two-In-One Car Seat Recall

Customers Urged to Respond to the Two-In-One Car Seat Recall

Evenflo Company, Inc. is urging owners of the Two-In-One Car Seat, model numbers 636 and 637 with manufacturing dates between January 7, 1998 and March 20, 1998, to contact the company immediately. ... Continue reading

Defiance, Inc., Names Scherschel

Defiance, Inc., Names Scherschel

Defiance, Inc. announced the appointment of Benjamin Scherschel as president of its largest subsidiary, Defiance Precision Products, Inc. ... Continue reading

Delco Remy International, Inc., Enters Agreement

Delco Remy International, Inc., Enters Agreement

Delco Remy International, Inc., announced that it has acquired Electro Diesel Rebuild, a remanufacturer of starters and alternators, headquartered in Belgium. EDR is one of the few pan-European rotating electrics manufacturers. ... Continue reading

Formula One: Driver Standings Through July 16

Formula One: Driver Standings Through July 16

Formula One: Driver Standings Through July 16 ... Continue reading

Future Three Selected for Award

Future Three Selected for Award

Future Three is proud to announce it has been named a 1998 Future 50 of Greater Detroit company. ... Continue reading

Governor Announces Dislocated Worker Grant

Governor Announces Dislocated Worker Grant

Governor Engler announced the award of a $1,182,971 dislocated worker grant to the Michigan AFL-CIO Human Resources Development, Inc. based in Lansing, Michigan. ... Continue reading

Grease Monkey International, Inc. Announces Master Franchise

Grease Monkey International, Inc. Announces Master Franchise

Denver-based Grease Monkey International, Inc., announced that it has entered into a strategic alliance with Mexico-based UNILUBE to handle the day-to-day operational, training and development activities for Grease Monkey centers in Mexico. ... Continue reading

Infiniti Announces Pricing for All-New G20

Infiniti Announces Pricing for All-New G20

Infiniti, the luxury division of Nissan Motor Corporation U.S.A., announced pricing for its all-new G20 luxury sedan at a meeting of its 150 retailers. ... Continue reading

IRL: Driver Standings Through July 16

IRL: Driver Standings Through July 16

IRL: Driver Standings Through July 16 ... Continue reading

KKR Acquires Bristol West Group

KKR Acquires Bristol West Group

Kohlberg Kravis Roberts & Co. (KKR) and the management of Bristol West announced today that they have Completed the previously announced purchase of Bristol West. ... Continue reading

Lear Corporation Wins Total Interior Contract

Lear Corporation Wins Total Interior Contract

Lear Corporation has been awarded two major contracts by Indian vehicle producer Mahindra and Mahindra. ... Continue reading

Magnifoam Technology Achieves ISO 9002 Registration

Magnifoam Technology Achieves ISO 9002 Registration

Magnifoam Technology International Inc. reported that its silicone foam manufacturing subsidiary, Magnifoam Technology Inc., based in Barrie, Ontario, has received ISO 9002 reg. from SGS International Certification Services Canada Inc. ... Continue reading

Meridian Technologies Inc. Financial Results

Meridian Technologies Inc. Financial Results

Meridian Technologies Inc. of Toronto announces its financial results for the period ended June 30, 1998 as follows: ... Continue reading

Midgets: Johncox Holds off Chargers for NAMARS Win

Midgets: Johncox Holds off Chargers for NAMARS Win

Midgets: Johncox Holds off Chargers for NAMARS Win ... Continue reading

NASCAR BGN: Driver Standings Through July 16

NASCAR BGN: Driver Standings Through July 16

NASCAR BGN: Driver Standings Through July 16 ... Continue reading

NASCAR: Irvan Fast at Brickyard 400 Testing

NASCAR: Irvan Fast at Brickyard 400 Testing

NASCAR: Irvan Fast at Brickyard 400 Testing ... Continue reading

NASCAR: Kenny Wallace Continues to Post High Finishes

NASCAR: Kenny Wallace Continues to Post High Finishes

NASCAR: Kenny Wallace Continues to Post High Finishes ... Continue reading

NASCAR Trucks: Driver Standings Through July 16

NASCAR Trucks: Driver Standings Through July 16

NASCAR Trucks: Driver Standings Through July 16 ... Continue reading

NASCAR: Waltrip's Last Ride in the #1 Pennzoil Monte Carlo

NASCAR: Waltrip's Last Ride in the #1 Pennzoil Monte Carlo

NASCAR: Waltrip's Last Ride in the #1 Pennzoil Monte Carlo ... Continue reading

NASCAR Winston Cup: Driver Standings Through July 16

NASCAR Winston Cup: Driver Standings Through July 16

NASCAR Winston Cup: Driver Standings Through July 16 ... Continue reading

NEW FROM CADILLAC, FERRARI, VW, TOYOTA, CHEVY

NEW FROM CADILLAC, FERRARI, VW, TOYOTA, CHEVY

NEW FROM CADILLAC, FERRARI, VW, TOYOTA, CHEVY ... Continue reading

NHRA: Driver Standings Through July 16

NHRA: Driver Standings Through July 16

NHRA: Driver Standings Through July 16 ... Continue reading

PA State Police Issue 37,774 Citations in First Half of 1998

PA State Police Issue 37,774 Citations in First Half of 1998

PA State Police ticketed nearly 38,000 traffic violators during the first six months of 1998 as part of the Operation Centipede and TAG-D highway-safety enforcement programs, State Police Commissioner Paul J. Evanko reported. ... Continue reading

Pep Boys IRL: Charlotte Could Produce Another Fast IRL Race

Pep Boys IRL: Charlotte Could Produce Another Fast IRL Race

Pep Boys IRL: Charlotte Could Produce Another Fast IRL Race ... Continue reading

Pep Boys IRL: VisionAire 500 Fast Facts

Pep Boys IRL: VisionAire 500 Fast Facts

Pep Boys IRL: VisionAire 500 Fast Facts ... Continue reading

Plastic Omnium and Solvay Join Forces in Brazil

Plastic Omnium and Solvay Join Forces in Brazil

Plastic Omnium and the Solvay Group announce the creation in Brazil of a 50-50 joint venture for the production and marketing of fuel storage and delivery systems. ... Continue reading

Rand Capital Announces Continued Growth in Q2

Rand Capital Announces Continued Growth in Q2

Rand Capital Corporation announced that its net asset value was $8.4 million, or $1.48 per share, for the quarter ended June 30, 1998. ... Continue reading

SCCA Pro Racing Fast Facts

SCCA Pro Racing Fast Facts

SCCA Pro Racing Fast Facts ... Continue reading

Sponsorships & Certification Process Set for `Duel of Supercars'

Sponsorships & Certification Process Set for `Duel of Supercars'

BAT International has reached agreements with various organizations concerning certification of a track test planned on August 19th to demonstrate the fuel efficiency of BAT's "Dolphin Pulse Charge" engine technology. ... Continue reading

Stratford American Corporation Announces Reverse Split

Stratford American Corporation Announces Reverse Split

Stratford American Corporation announced that it intends to effect a 15-to-1 reverse split of its Common Stock on July 20, 1998. The split was approved by the Company's shareholders on July 8, 1998. ... Continue reading

TechSociety Research Announces Book

TechSociety Research Announces Book

In order to help professionals of marketing, sales, HR, PR, or finance, that are new to the electronics manufacturing industy, TechSociety Research created a book, A Primer on the Electronics Manufacturing Industry: Processes and Markets. ... Continue reading

Top Executive Defends US Jobs and Auto Industry Technology

Top Executive Defends US Jobs and Auto Industry Technology

Defending U.S. jobs and auto industry technology, John Fiedler, chairman and chief executive officer of Borg-Warner Automotive, testified before the House Subcommittee on many automotive topics. ... Continue reading

USAC: 11th Pennzoil 'Indiana Sprint Week' Pivotal for Title Contenders

USAC: 11th Pennzoil 'Indiana Sprint Week' Pivotal for Title Contenders

USAC: 11th Pennzoil 'Indiana Sprint Week' Pivotal for Title Contenders ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production in the U.S., Canada and Mexico is expected to hit an estimated 189,134 units this week, an increase of 115.4 percent from the 87,816 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

Wynn's Reports 13% Growth in Quarterly Earnings Per Share

Wynn's Reports 13% Growth in Quarterly Earnings Per Share

Wynn's International, Inc. reported income from continuing operations of $7,149,000 in the second quarter ended June 30, 1998, an increase of 10% over 1997 second quarter income from continuing operations of $6,499,000. ... Continue reading

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