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May 2001

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Friday, May 4, 2001

Japanese Firms Employ Nearly 160,000 in Southern California

Japanese Firms Employ Nearly 160,000 in Southern California

LOS ANGELES--May 4, 2001--Japanese subsidiaries in Southern California create employment for 159,725 Californians, according to the results of a recent survey. The survey reports that nearly 50 percent of Japanese subsidiaries have new investment or business expansion plans. The overall business performance of the subs ... Continue reading

SAF T LOK Incorporated Announces Letter of Intent to Purchase Winner International LLC

SAF T LOK Incorporated Announces Letter of Intent to Purchase Winner International LLC

-- Terms Call for the SAF T LOK(R) and the Club(R) Brand Names to Be Retained -- WEST PALM BEACH, Fla., May 4 SAF T LOK INCORPORATED , http://www.saf-t-lok.com, today announced that it has signed a letter of intent to purchase all of the outstanding membership interests of Winner International LLC, a privately held sec ... Continue reading

Toyota Announces Prices for the 2002 Corolla

Toyota Announces Prices for the 2002 Corolla

TORRANCE, Calif., May 4 Toyota Motor Sales (TMS), U.S.A., Inc., today announced that prices for the 2002 Toyota Corolla compact sedan will remain unchanged from the current model. The new Corolla, expected in dealer showrooms in mid-May, will offer more value than ever with substantially enhanced discounts on available ... Continue reading

Aubryn International Begins Negotiations With Valencia Land Company; Expands Company's Revenue Potential

Aubryn International Begins Negotiations With Valencia Land Company; Expands Company's Revenue Potential

UPLAND, Calif.--May 3, 2001--Aubryn International Inc. (ARBN) today announced that they have begun negotiations with a Land Development Company, located in Valencia, Calif. This company owns approximately 3,000-plus acres of prime natural spring water land. This agreement would provide Aubryn with a high growth vertica ... Continue reading

Goodyear Chairman Urges Cultural Evolution to Further Technological Development

Goodyear Chairman Urges Cultural Evolution to Further Technological Development

AKRON, Ohio, May 3 Encouraging a cultural evolution within the global tire industry to further technological development, Goodyear Chairman Sam Gibara, spoke Thursday at the spring symposium of the Akron Rubber Group. In his keynote address The Tire Industry, a Product and Cultural Evolution, Gibara referenced the micr ... Continue reading

Non-Auto Sector Pulls Economy Down in April, Comerica Reports

Non-Auto Sector Pulls Economy Down in April, Comerica Reports

DETROIT, May 3 Members of the National Association of Purchasing Managers-Metro Detroit, surveyed in April by Detroit-based Comerica Bank, reported a 4.3-point decrease from March in overall business conditions for Southeast Michigan's industrial economy. Comerica's composite index stood at 35.7 in April, compared with ... Continue reading

PPG Automotive OEM Glass Named a GM Supplier of the Year for 2000

PPG Automotive OEM Glass Named a GM Supplier of the Year for 2000

PITTSBURGH--May 3, 2001--PPG Industries' automotive glass original equipment (OEM) products business was named a Supplier of the Year by General Motors (GM) for its superior performance in quality, service, technology and value in 2000. The award was given during ceremonies April 28 at the Warner Theatre in Washington, ... Continue reading

5-03 Informational Press Release

5-03 Informational Press Release

OVERBAUGH MOTORSPORTS ADDS SECOND DRIVER May 01, 2001 Pittsfield, MA - Excitement is in the air at the Overbaugh Motorsports racing facility this week. After a two hour meeting between driver Matt Quinn, Crew Chief Denny Lamke and Team Manager Don VonFricken on Monday the decision was made to ask team owner Tom Overbau ... Continue reading

Aubryn International Begins Negotiations With Valencia Land Company; Expands Company's Revenue Potential

Aubryn International Begins Negotiations With Valencia Land Company; Expands Company's Revenue Potential

UPLAND, Calif.--May 3, 2001--Aubryn International Inc. (ARBN) today announced that they have begun negotiations with a Land Development Company, located in Valencia, Calif. This company owns approximately 3,000-plus acres of prime natural spring water land. This agreement would provide Aubryn with a high growth vertica ... Continue reading

Corbel Holdings Inc. Is New Name for Former Pinnacle Business Management Real Estate Unit

Corbel Holdings Inc. Is New Name for Former Pinnacle Business Management Real Estate Unit

CLEARWATER, Fla.--May 3, 2001-- All Stock of Summit Property Group Inc. to Be Exchanged for Shares of Corbel Holdings Pinnacle Business Management Inc. (Pink Sheets:PCBM) and Summit Property Group Inc. today announced that the name of Summit Property Group has been changed to Corbel Holdings Inc. The name change became ... Continue reading

Hexagon Purchases Brown & Sharpe's Worldwide Metrology Business

Hexagon Purchases Brown & Sharpe's Worldwide Metrology Business

NORTH KINGSTOWN, R.I.--May 3, 2001--The sale of Brown & Sharpe's worldwide metrology business to Hexagon, A. B. of Stockholm, Sweden was approved by Brown & Sharpe's board of directors at a special meeting on April 27. The metrology business is comprised of Brown & Sharpe's Measuring Systems Group, headquartered in Nor ... Continue reading

Motorola Honored by General Motors as a 2000 Supplier of the Year

Motorola Honored by General Motors as a 2000 Supplier of the Year

The Motorola Automotive and Industrial Electronics Group (AIEG), a business unit of Motorola's Automotive Communications and Electronic Systems Group (ACES), was named as a General Motors Supplier of the Year for its superior performance in quality, service, technology and price. The award was given during ceremonies S ... Continue reading

Starcraft Corporation Reports Second Quarter Results

Starcraft Corporation Reports Second Quarter Results

Starcraft Corporation announced results for the second quarter of fiscal year 2001 ended April 1, 2001. The Company incurred a net loss of $1,783,000, or ($0.42) per share (basic and diluted), on sales of $23.2 million compared to net income of $765,000, or $0.18 per share basic and $0.16 per diluted share, on sales of ... Continue reading

BBB AUTO LINE: 20 Years of National Service

BBB AUTO LINE: 20 Years of National Service

Self-Regulatory Warranty Dispute Resolution Program Helps Build Customer Satisfaction ARLINGTON, Va., May 4 BBB AUTO LINE, the nation's largest warranty dispute resolution program, will celebrate a milestone this year when it completes 20 years of national service to U.S. consumers and automobile manufacturers. BBB AUT ... Continue reading

DynaMotive Announces Management Changes Following Acquisition of Border Bio Fuels

DynaMotive Announces Management Changes Following Acquisition of Border Bio Fuels

VANCOUVER, May 4 - DynaMotive Technologies Corporation (OTCBB: DYMTF) announced today changes in its management structure following the acquisition of Border Bio Fuels and its decision to concentrate purely on its alternative energy operations. Management focus will be on project management and international business d ... Continue reading

eAutoclaims Announces 5-Year Contract With Royal & SunAlliance Insurance Company

eAutoclaims Announces 5-Year Contract With Royal & SunAlliance Insurance Company

PALM HARBOR, Fla., May 4 eAutoclaims (OTC Bulletin Board: EACC) announces 5-year contract with Insurance Company Royal & SunAlliance. The contract makes EACC the core service provider for Royal & SunAlliance's new Guaranteed Repair Solution (GRS). EACC is providing their national network of 2,500 collision repair facil ... Continue reading

SGI is Top Choice for CAE Applications, D.H. Brown Study Finds

SGI is Top Choice for CAE Applications, D.H. Brown Study Finds

MOUNTAIN VIEW, Calif., May 4 SGI is the vendor of choice for computer-aided engineering (CAE) applications staged on high-performance computing (HPC) platforms, according to a new study of manufacturing product development users in such industries as automotive and aerospace. For the study, released in early April, lea ... Continue reading

SPX Corporation to Raise $220 Million From Offering of LYONs

SPX Corporation to Raise $220 Million From Offering of LYONs

MUSKEGON, Mich., May 4 SPX Corporation today announced that it intends to raise approximately $220 million through an offering of 20-year Liquid Yield Option(TM) Notes (LYONs). The LYONs will be zero-coupon senior notes convertible into shares of SPX common stock if the market price of the shares reaches specified thre ... Continue reading

SPX to Present to the Electrical Products Group

SPX to Present to the Electrical Products Group

MUSKEGON, Mich., May 4 SPX Corporation Chairman, President and Chief Executive Officer John B. Blystone will make a presentation at the Electrical Products Group annual meeting on Monday, May 7, 2001, at 9:45 a.m. EDT. Mr. Blystone's presentation will be available in the Media Center of the company's web site (http://w ... Continue reading

Workhorse RV Donation to Motor Racing Outreach Allows Ministry to Expand Programs for Drivers and Fans

Workhorse RV Donation to Motor Racing Outreach Allows Ministry to Expand Programs for Drivers and Fans

CHICAGO, May 4 In the rough and tumble world of motor sports racing, ministers travel in a motor home from track to track helping racers, their families and fans by providing religious services, counseling, bible study classes, child day care, fitness and rehabilitation equipment and a community spirit to a lifestyle t ... Continue reading

R&B, Inc. Reports Improved Financial Results for 2001 First Quarter

R&B, Inc. Reports Improved Financial Results for 2001 First Quarter

R&B, Inc., announced financial results for the first quarter ended March 31, 2001. For the first fiscal quarter ended March 31, 2001, sales decreased 3.6% to $46.1 million from $47.8 million in the same period last year. Net income in the first fiscal quarter was $0.2 million, or $0.02 per fully diluted share, compared ... Continue reading

Weekend Gas Watch Tracks Continued Rise in Fuel Prices

Weekend Gas Watch Tracks Continued Rise in Fuel Prices

The average price of gasoline in Southern California, Southern Nevada and Arizona continued to rise during the last week, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. I ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 349,852 units, down from the 354,902 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 5,612,924 vehicles, down 16.1 percent ... Continue reading

BorgWarner Cooling Systems Awarded New Fan and Fan Drive Business

BorgWarner Cooling Systems Awarded New Fan and Fan Drive Business

BorgWarner Inc. has been awarded new cooling system business in excess of $1 million from a leading light truck vehicle manufacturer. BorgWarner Cooling Systems will provide the nylon fan and fan drive for a 2-1/2 year light truck program. The OEM is expected to be in full production by the first half of this year. "Wh ... Continue reading

Occupant Restraints Council Supports Ford's Booster Seat Campaign

Occupant Restraints Council Supports Ford's Booster Seat Campaign

The Automotive Occupant Restraints Council (AORC) today announced its support of Ford Motor Company's national campaign to get more children into booster seats. George F. Kirchoff, AORC president said, "We fully endorse Ford Motor Company's Boost America highway traffic safety campaign to send the message to our nation ... Continue reading

AutoPacific Releases 2001 Vehicle Satisfaction Scores

AutoPacific Releases 2001 Vehicle Satisfaction Scores

Results of a study released today by noted automotive consulting firm AutoPacific, Inc. reveal owner satisfaction levels with new 2001 model year cars and light trucks. The VSS (Vehicle Satisfaction Score) study is an industry benchmark for objective new vehicle buyer and lessee satisfaction. The top-rated brand for 20 ... Continue reading

CTS Wins Contract for Electronic Throttle Control Position Sensors

CTS Wins Contract for Electronic Throttle Control Position Sensors

CTS Corporation, a world leader in automotive position sensor and actuator technology, today announced that Visteon Corporation has selected CTS Automotive Products to supply throttle position sensors for two new Electronic Throttle Control (ETC) Systems. The systems will be used globally on a wide range of vehicles. C ... Continue reading

Delphi's New Stop-Start System Could Increase Fuel Economy

Delphi's New Stop-Start System Could Increase Fuel Economy

As fuel prices continue to escalate domestically, and around the world, Delphi Automotive Systems could help increase the urban fuel economy of smaller vehicles by more than five percent with its new stop-start system. The technology, dubbed Energen 5, uses a combined starter/alternator in the conventional generator po ... Continue reading

Fleetwood Reports Preliminary Fourth Quarter and Fiscal Year Sales

Fleetwood Reports Preliminary Fourth Quarter and Fiscal Year Sales

Fleetwood Enterprises, Inc., the nation's largest manufacturer of recreational vehicles and a leading producer and retailer of manufactured housing, today announced preliminary sales for the fourth quarter and fiscal year ended April 29, 2001. Significantly reduced sales of both recreational vehicles and manufactured h ... Continue reading

Jeep(R) Launches All-New 2002 Liberty Advertising

Jeep(R) Launches All-New 2002 Liberty Advertising

The Jeep(R) brand today introduces a new advertising campaign to launch the all-new 2002 Jeep Liberty that goes on sale this spring. The advertising campaign reinforces the brand's legendary four-wheel drive leadership, while highlighting the duality of the Jeep brand's newest sport-utility vehicle through the contrast ... Continue reading

Mr. Gasket Announces Intake Gaskets for Ford

Mr. Gasket Announces Intake Gaskets for Ford

Mr. Gasket announces the availability of Intake Gaskets for Ford V8 engines. A blend of nitrile rubber and fiber compound forms a durable base material that will not crack or split under excessive clamp load. Resists wicking and withstands 600 degree temperature. Includes end seals and distributor gasket where applicab ... Continue reading

Pennzoil-Quaker State Company Announces Dividend

Pennzoil-Quaker State Company Announces Dividend

The board of directors of Pennzoil-Quaker State Company has declared a quarterly dividend on its common stock of 18.75 cents per share, payable June 15, 2001, to stockholders of record on May 31, 2001. ... Continue reading

PlanetCAD Announces First Quarter Financial Results

PlanetCAD Announces First Quarter Financial Results

PlanetCAD Inc., a leading developer and marketer of Quality Data Management (QDM) solutions for manufacturers and their supply chains, today announced financial results for its first fiscal quarter ended March 31, 2001. First quarter sales increased 214% to $480,000 versus sales of $153,000 in the first quarter of last ... Continue reading

NHRA: Warren Report: Atlanta Edition, The Heat is On

NHRA: Warren Report: Atlanta Edition, The Heat is On

For Release: May 3, 2001 Contact: Rick Voegelin rickvoegelin@compuserve.com 831-761-2201 THE WARREN REPORT: Warren Johnson GM Goodwrench Service Plus News & Notes for the Advance Auto Parts NHRA Southern Nationals, Atlanta, May 4-6, 2001 THE HEAT IS ON When Warren Johnson relocated his family from Minnesota to Georgia ... Continue reading

NHRA: Kurt Chronicles: Atlanta Edition, There is no place like home

NHRA: Kurt Chronicles: Atlanta Edition, There is no place like home

For Release: May 3, 2001 Contact: Rick Voegelin rickvoegelin@compuserve.com 831-761-2201 THE KURT CHRONICLES: Kurt Johnson ACDelco News & Notes for the Advance Auto Parts NHRA Southern Nationals, Atlanta, May 4-6, 2001 NO PLACE LIKE HOME Kurt Johnson will experience the ultimate luxury for a touring racer: an event at ... Continue reading

NASCAR BGN: Spencer looks to continue consistency at Richmond

NASCAR BGN: Spencer looks to continue consistency at Richmond

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 CHARLOTTE, N.C. – After back-to-back top 10 finishes – second-place at Talladega (Ala.) Superspeedway and seventh-place at California Speedway – #1 Yellow Racing driver Jimmy Spencer, believes that continued consistency is the k ... Continue reading

ARCA RE/MAX: Gateway International Entry List

ARCA RE/MAX: Gateway International Entry List

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 2001 ARCA RE/MAX SERIES EVENT #5 Gateway Int'l Raceway, Madison Illinois, 5-5-01 Official Entry List, Gateway ARCA 150 NO DRIVER/RESIDENCE TEAM & CAR YEAR & MODEL 1 Andy Belmont/Penndel PA America Online-Racecakes-York Ford 01 Taurus 4 Greg Sarff ... Continue reading

NASCAR BGN: Anheuser-Busch Creates New 'Top 10' Busch Series Promotion

NASCAR BGN: Anheuser-Busch Creates New 'Top 10' Busch Series Promotion

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 St.Louis, MO-- Busch beer has implemented a new “Top 10” driver and team promotion for the 2001 NASCAR Busch Series racing season. The program is designed to generate friendly competition between drivers and teams in the garage area a ... Continue reading

NASCAR WCUP: DEWALT Launches 2002 Paint Scheme Contest

NASCAR WCUP: DEWALT Launches 2002 Paint Scheme Contest

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 TOWSON, Md. --The DEWALT Power Tools Racing team is trading in their trademark yellow and black colors and giving fans a chance to design the paint scheme for the 2002 NASCAR Winston Cup Series season. This is not the first time DEWALT has change ... Continue reading

ASA: David Bonnett Returns As ASA Heads to Montgomery

ASA: David Bonnett Returns As ASA Heads to Montgomery

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 PEDNLETON, Ind. – David Bonnett, 2000 ASA Rookie of the Year candidate and son of the late Neil Bonnett, will make his return to the series when the American Speed Association invades Montgomery Motor Speedway for the second-annual ACTIONLI ... Continue reading

INDY 500: Legendary NASCAR Owner Childress Teams up with Foyt at Indy

INDY 500: Legendary NASCAR Owner Childress Teams up with Foyt at Indy

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 INDIANAPOLIS, - A.J. Foyt has taken on a partner for this year's Indianapolis 500. NASCAR Winston Cup championship team owner Richard Childress is now the co-owner of the No. 41 A.J. Foyt Racing Dallara/Oldsmobile/Firestone to be driven by Robby ... Continue reading

NASCAR WCUP: Ward Burton ready to drive at Richmond

NASCAR WCUP: Ward Burton ready to drive at Richmond

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 “I was cleared to drive by Dr. Charles Branch from Wake Forest. He has a lot of experience with various drivers and he seemed to think that everything was okay. I’m a little sore, but I’ve been in worse shape than this so I thin ... Continue reading

ASA: Sauters Find Unique Spot In Motorsports History

ASA: Sauters Find Unique Spot In Motorsports History

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 PENDLETON, Ind. - When Johnny Sauter crossed under the finish line to collect his first career victory, it was a sight that made the entire state of Wisconsin proud. But his story is somewhat legend of sorts. It has been rewritten on several occa ... Continue reading

ASA Seeks Help In Gathering Winchester 400 Information

ASA Seeks Help In Gathering Winchester 400 Information

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 PENDLETON, Ind. - ASA is actively seeking any and all information pertaining to the past 31 years of the Winchester 400. Anyone who has been involved in the annual Fall Classic over the years is urged to contact ASA as soon as possible to est abl ... Continue reading

INDY 500: Pre Race Quotes from Indy 500 Drivers

INDY 500: Pre Race Quotes from Indy 500 Drivers

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 INDIANAPOLIS, - Quotes from selected Indy Racing Northern Light Series drivers and team officials about the 85th Indianapolis 500 on May 27 at Indianapolis Motor Speedway (drivers listed in alphabetical order): MICHAEL ANDRETTI (No. 39 Motorola/A ... Continue reading

FIA RALLY: Rally Argentina, Round 5 of the 2001 FIA World Rally Championship

FIA RALLY: Rally Argentina, Round 5 of the 2001 FIA World Rally Championship

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 4, 2001 World rallying's top drivers are likely to face mixed conditions on the FIA World Rally Championship's visit to South America, the Rally Argentina, which starts from Cordoba later this evening. The reconnaissance period for the event (the fifth r ... Continue reading

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