AlliedSignal Forms European Environmental Control Systems Business
AlliedSignal Inc. has formed a new European aerospace organization called Environmental Control Systems-Europe (ECS- Europe), and has named Philippe Ancelle the organization's vice president. ... Continue reading
AlliedSignal-SYSKO Begins Operations in Asia
AlliedSignal Inc. announced the consolidated Asian fibers company formed last October as a joint venture between AlliedSignal Inc., and three Korea-based companies, has initiated operations as AlliedSignal-SYSKO, Ltd. ... Continue reading
APCO Announces Agreement With AutoMall Online, Inc.
Automobile Protection Corporation announced that it has entered into a five year agreement with AutoMall Online, Inc. to provide a full range of products and services to be offered by AutoMall Online. ... Continue reading
ASHA Announces Plans for Teleconference Jan 25, 1999 at 4:15 p.m.
The program is scheduled to last approximately 45 minutes with the first 15 minutes being dedicated to a management overview of the company, followed by 30 minutes of live call-in Q & A. ... Continue reading
Bob Lutz Talks About Turn-Around Plans for Exide Corp.
On the television program "Autoline Detroit," Bob Lutz, the chairman and CEO of Exide Corp., announced the company is well underway in a turn-around plan to substantially reduce debt and boost profitability. ... Continue reading
Borg-Warner Automotive Declares Quarterly Dividend
The board of directors of Borg-Warner Automotive, Inc. declared a quarterly dividend of $0.15 per share on all of the company's issued and outstanding common stock. The dividend is payable Feb. 16, 1999, to shareholders of record on Feb. 1,1999. ... Continue reading
Brazillian Racing News: Bernardes in Sudam F3
Brazilian driver Rodrigo Bernardes, who drove last year in Sudam F-3 Class B, is the probable driver to race alongside Vitor Meira with the strong Amir Nasr Team in Sudam F-3 Class A. ... Continue reading
Cascade Announces Sale of Mast Business Unit
Robert C. Warren, Jr., President and Chief Executive Officer of Cascade Corporation reported that the previously announced sale of the company's mast business unit to Lift Technologies, Inc. has been completed. ... Continue reading
Catanzarite Law Files Class Action Lawsuit Against Wabash National
Notice is hearby given pursuant to Section 21(D)(A)(3)(a)(i) of the Securities Exchange Act of 1934, that a class action was filed in the US District Court on behalf of all persons who purchased the common stock of Wabash National Corp. ... Continue reading
Cheever Drives to Impeccable Victory in Indy 200
For Eddie Cheever the #13 will not necessarily be such a bad number. Starting from the 13th position, Cheever drove his Rachael's Gourmet Potato Chips/Children's Beverage Group Dallara to a convincing, yet unexpected victory. ... Continue reading
Class Action Against Turbodyne Technologies
Weiss & Yourman has filed a class action lawsuit on behalf of purchasers of Turbodyne Technologies, Inc. securities between March 1, 1997 and January 22, 1999 for violations of federal securities laws. ... Continue reading
Crain's Detroit Business Announces 1998 Biggest Deals
Fueled by the auto sector, metro Detroit logged a record $76 billion in merger-and-acquisition deals in 1998, according to the annual tally by Crain's Detroit Business published in its January 25 edition. ... Continue reading
Cytec Fourth Quarter EPS up 9%; Full Year EPS up 12%
Cytec Industries Inc. announced that net earnings for the fourth quarter of 1998 were $32 million or $0.71 per diluted share on sales of $352 million. ... Continue reading
Daughter of Goodyear Founder, Dies at 108
Irene Seiberling Harrison, daughter of Goodyear founder Frank A. Seiberling, died yesterday at Akron General Medical Center. She was 108. ... Continue reading
Drag Racing Tonight ... Continue reading
Gentex Reports Record Fourth Quarter and Year
Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, reported record revenues and net income for the fourth quarter and year ended December 31, 1998. ... Continue reading
Hertz Acquires Yello Truck German Van Franchise
The Hertz Corporation announced that it has acquired Yello Truck, its largest van franchise in central western Germany with 11 locations in the "Rhineland" area for an undisclosed price. ... Continue reading
HSB Group, Inc. Declares Dividend
The Board of Directors of HSB Group, Inc. declared a regular quarterly dividend of 42 cents per share. The dividend will be payable on April 29, 1999, to shareholders of record at the close of business on April 9, 1999. ... Continue reading
IHRA: Prolong Super Lubricants Renews Contract With Ironhorse
IHRA: Prolong Super Lubricants Renews Contract With Ironhorse ... Continue reading
IHS, Manufacturing Technology Inc. Forge TDMplus Partnership
In an effort to better predict life expectancies for components in the electronics industry, IHS Engineering has struck a partnership agreement with Manufacturing Technology Inc. ... Continue reading
Integral Adds Former Chief of U.S. Budget Liaison Office to Board
Integral Technologies, Inc. announces the appointment of Mr. Charles Feldmayer to the company's Board of Advisors. ... Continue reading
IPSCO Inc. and Novamerican Steel Inc. announced that they had agreed not to proceed with a coil processing facility which had previously been announced as a joint venture planned for Philadelphia, Pennsylvania. ... Continue reading
IRL: Cheever Makes Late Pass to Win Season Opener in Orlando
IRL: Cheever Makes Late Pass to Win Season Opener in Orlando ... Continue reading
IRL: Sharp, Boesel Pleased Despite Cruel Twists of Fate at Orlando
IRL: Sharp, Boesel Pleased Despite Cruel Twists of Fate at Orlando ... Continue reading
Isuzu Amigo Wins Stiff Texas Auto Writers Competition
The 1999 Isuzu Amigo Hard Top won first place in the small SUV category at the sixth annual Texas Truck Rodeo, hosted by the Texas Auto Writers Association (TAWA) ... Continue reading
Laforza Automobiles Announces Plans for New Facility and Vehicles
Laforza Automobiles Inc. announced that they have begun plans to build and develop a new facility on the 5.4 acres that houses their existing 65 thousand square foot production, distribution, and administration facility located in Calif. ... Continue reading
Lilley Appointed Chairman of Cytec
Cytec Industries Inc. announced that David Lilley, President and Chief Executive Officer, has assumed the additional responsibility of Chairman of the Board of Directors following the retirement of former Chairman, Darryl D. Fry. ... Continue reading
M3 Initiates Coverage of KIK Tire Technologies Inc.
KIK Tire Technologies Inc. announced that Dallas, Texas - based venture capital and institutional research firm M3, Inc., has initiated research coverage on KIK Tire. M3 will also assist the Company in its future corporate financing activities. ... Continue reading
Mazda Sponsors Supercross Team Led by Jeremy McGrath
Proving that winners stick together, Mazda North American Operations (MNAO) announced today that it has signed an agreement to become title sponsor of the defending Supercross champion, Chaparral Yamaha racing team. Motocross superstar, and five-time Supercross champion, Jeremy McGrath and teammate Steve Lamson will ri ... Continue reading
Motor Manufacturers Grab Market Share with Acquisitions
According to new strategic research conducted by Frost & Sullivan, U.S. Fractional Horsepower Motor Markets, total revenues reached $5.1b in 1997, and the market is expected to continue its growth throughout the forecast of 1998 to 2004. ... Continue reading
Myers Industries Declares Quarterly Dividend
A regular quarterly dividend of $.06 per share was declared by Myers Industries, Inc. Board of Directors at a meeting held today. ... Continue reading
NASCAR GDS: Goody's Dash Series Night presented by Perry's Ocean Edge Resort
NASCAR GDS: Goody's Dash Series Night presented by Perry's Ocean Edge Resort ... Continue reading
NHRA: Chuck Etchells to Drive Limited Schedule for Sickles Motorsports in 1999
NHRA: Chuck Etchells to Drive Limited Schedule for Sickles Motorsports in 1999 ... Continue reading
NHRA: Pennzoil's Hill Takes Top Spot in Phoenix
NHRA: Pennzoil's Hill Takes Top Spot in Phoenix ... Continue reading
Price Pressures Cause Competitors to Max Efficiency And Consolidate
Price is the major competitive issue facing manufacturers in the OE trim products markets. Because these markets are becoming mature and saturated, differentiation is no longer a competitive factor. ... Continue reading
Reynolds and Reynolds Reports Record First Quarter Earnings
The Reynolds and Reynolds Company reported revenues of $371.3 million for the first fiscal quarter ended December 31, 1998. ... Continue reading
Siemens Information and Communication Networks and Automotive Dealership Information Systems, Inc. (ADIS), have entered into a joint marketing and sales relationship. ... Continue reading
Snap-on Incorporated Declares Quarterly Dividend
The Snap-on Incorporated board of directors declared a first quarter dividend of 22 cents per share, payable March 10, 1999, to shareholders of record on February 17, 1999. The corporation has paid consecutive quarterly cash dividends since 1939. ... Continue reading
SPRINTS: All Stars Add Sponsors for 1999 20th Anniversary Campaign
SPRINTS: All Stars Add Sponsors for 1999 20th Anniversary Campaign ... Continue reading
Stoneage Becomes Stoneage.com, Moves to New Location
Stoneage Corporation, a leading national online car buying service, has changed its name to Stoneage.com, effective immediately. Company President Mark Campbell made the announcement. ... Continue reading
Stoneage.com Introduces Partnership With CompUSA At NADA Conf.
Stoneage.com has partnered with CompUSA for a joint Internet training program for its nearly 1,000 automotive dealers. ... Continue reading
Teleflex Adopts Shareholders Rights Plan
On December 7, 1998, the Board of Directors of Teleflex Incorporated adopted a Shareholders Rights Plan and declared a dividend distribution of one Preference Stock Purchase Right on each outstanding share of its common stock. ... Continue reading
Teleflex Incorporated announced that its Board of Directors took action to declare a cash dividend of eleven and one half cents ($0.115) per share of common stock. ... Continue reading
Teleflex Incorporated announced that its Board of Directors took action on November 2, to declare a cash dividend of eleven and one half cents ($0.115) per share of common stock. ... Continue reading
The Majestic Companies, Ltd. Announces Addition to Exec Management
The Majestic Companies, Ltd. is pleased to announce that on January 22, 1999 Mr. Danny Y. Lee was appointed President & Chief Operating Officer of the Company. ... Continue reading
The Timken Company Hosts Centennial Celebration in Buenos Aires
Associates at The Timken Company's sales office and distribution center in Buenos Aires, Argentina, joined in the company's global Centennial commemoration, marking the company's 100th anniversary. ... Continue reading
TIMET Completes Supply Agreement With Rolls-Royce plc
Titanium Metals Corporation announced that it has completed a ten-year supply agreement with Rolls-Royce plc, one of the world's leading manufacturers of airplane engines and engine components. ... Continue reading
Turbodyne Technologies Announces Halt in Trading
Turbodyne Technologies Inc. announced that trading in its shares on the Easdaq Market as well as the Nasdaq SmallCap Market has been halted. ... Continue reading
UAW Burwood Retirees Receive $220,000 in Payments
UAW Region 1-D Director announced that 34 retirees of the defunct Burwood Products facility in Traverse City, Michigan have received $220,000 in payments as a result of UAW's pursuit of claims resulting from the liquidation of theCompany's assets. ... Continue reading
USAC: Mike Bliss Wins Coors Light Siver Bullet Opener
USAC: Mike Bliss Wins Coors Light Siver Bullet Opener ... Continue reading
Vastera Announces Interface Certification to SAP R/3
Vastera announced the company's EMS-2000(R) solution interface has been certified by SAP AG, the industry's top vendor of enterprise business-applications and the fourth-largest independent software supplier in the world. ... Continue reading
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