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July 2001

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Saturday, July 14, 2001

SHIP OF FOOLS

SHIP OF FOOLS

Prior to the post-war initiation of the Uniform Code of Military Justice Naval Officers were expected to conform their leadership behavior to constraints imposed within the Articles for the Government of the United States Navy, colloquially known as "Rocks and Shoals." Under Article 8, therein, officers faced dire cons ... Continue reading

Rent-A-Wreck Announces Earnings for Its Fiscal Year Ended March 31, 2001

Rent-A-Wreck Announces Earnings for Its Fiscal Year Ended March 31, 2001

OWINGS MILLS, Md--July 13, 2001--Rent-A-Wreck of America, Inc. announced earnings for its fourth quarter and fiscal year ended March 31, 2001. Due to a one-time expense of $1,234,560 for the repurchase of 957,721 options incurred in the third quarter, operating income in fiscal 2001 declined 66% to $344,935 from $1,002 ... Continue reading

Automotive Industry Action Group Names 2001 Outstanding Achievement Awards Winners

Automotive Industry Action Group Names 2001 Outstanding Achievement Awards Winners

Automotive Industry Action Group Names 2001 Outstanding Achievement Awards Winners SOUTHFIELD, Mich., July 13 The Automotive Industry Action Group (AIAG) will recognize 19 individuals and two member companies for exceptional leadership and participation in cooperative automotive industry efforts with Outstanding Achiev ... Continue reading

Waltraud Prechter Appoints David Treadwell Chairman of ASC Incorporated

Waltraud Prechter Appoints David Treadwell Chairman of ASC Incorporated

Waltraud Prechter Appoints David Treadwell Chairman of ASC Incorporated SOUTHGATE, Mich., July 13 Waltraud E. Prechter succeeds her late husband Heinz C. Prechter as the sole shareholder and Chairperson of Prechter Holdings, parent company of automotive supplier ASC Incorporated. Heinz Prechter, former Chairman and fou ... Continue reading

Media Mow A Meadow - Honda Lawnmower Challenge Race Report

Media Mow A Meadow - Honda Lawnmower Challenge Race Report

Media Mow A Meadow Honda Lawnmower Challenge Race Report 12 July 2001, Silverstone Honda powered teams of a different kind were competing for a place on the straw bale podium yesterday (Thursday) in the 2001 Honda Lawnmower Challenge, which took place next to Silverstone circuit despite inclement weather conditions and ... Continue reading

LOCAL DRIVER LOOKING FOR SHOOTOUT INVITATION

LOCAL DRIVER LOOKING FOR SHOOTOUT INVITATION

LOCAL DRIVER LOOKING FOR SHOOTOUT INVITATION WOODSTOCK, GA - Bobby Turner is a former Dixie Speedway track champion, and his victories are popular with the weekly crowd. His equipment is top notch, his attitude positive, and his outlook realistic. "I know when them touring guys come here, we'll all be hard-pressed just ... Continue reading

The European Garage Equipment Market: A New Study by Frost & Sullivan

The European Garage Equipment Market: A New Study by Frost & Sullivan

Equipment Suppliers Gazing at the Garage of the Future Technical change has taken a strong hold on the vehicle business in recent years. Apart from increasing engine complexity and the associated use of on-board computers, many other operational systems are being added aboard vehicles to improve performance and add to ... Continue reading

Bell Mobility, Wysdom and CART to Offer Racing Fans Wireless Access To Molson Indy Results

Bell Mobility, Wysdom and CART to Offer Racing Fans Wireless Access To Molson Indy Results

Bell Mobility, Wysdom and CART to Offer Racing Fans Wireless Access To Molson Indy Results Bell Mobility Subscribers Will Have Exclusive Access To Major CART Race Results TORONTO, July 13 Bell Mobility customers no longer need to race to keep up with the latest Molson Indy news. As part of Bell Mobility's sponsorship o ... Continue reading

TRW Comments On Second Quarter Results in Light of Recall Action

TRW Comments On Second Quarter Results in Light of Recall Action

CLEVELAND--July 13, 2001--TRW Inc. today announced that the company plans to record an undisclosed charge in the second quarter 2001 relating to the estimated cost of a product recall. Including this charge to earnings from operations, TRW's second quarter earnings per share, excluding unusual items, will be $0.65 per ... Continue reading

The Morgan Group Renews Liability Insurance With Liberty Mutual

The Morgan Group Renews Liability Insurance With Liberty Mutual

ELKHART, Ind.--July 13, 2001--The Morgan Group, Inc. (AMEX:MG) today announced the renewal of its primary liability insurance with Liberty Mutual Group effective July 1, 2001. Since 1996, Liberty Mutual has underwritten Morgan's automobile (trucker's) liability insurance as well as workers' compensation and a full line ... Continue reading

Sprague/Hendrick/Silverado claim front row in Kentucky

Sprague/Hendrick/Silverado claim front row in Kentucky

SILVERADO RACING NOTES AND QUOTES KROGER 225 NASCAR CRAFTSMAN TRUCK SERIES -- ROUND 13 KENTUCKY SPEEDWAY SPARTA, KY. FRIDAY, JULY 13, 2001 SILVERADO 1-2 IN KENTUCKY; SPRAGUE AND HENDRICK TAKE FRONT ROW FOR SECOND TIME IN 2001 For the second time in 2001 teammates Jack Sprague and Ricky Hendrick of Hendrick Motorsports ... Continue reading

British Grand Prix - qualifying

British Grand Prix - qualifying

BEST COMBINED QUALIFYING FOR HONDA SO FAR Trulli and Frentzen qualify fourth and fifth for British Grand Prix Jarno Trulli and Heinz-Harald Frentzen took their Benson and Hedges Jordan Hondas to fourth and fifth grid positions respectively in qualifying to record Honda's best overall qualifying performance so far this ... Continue reading

Technological Development in the Third World

Technological Development in the Third World

The Financial News, July 2001 Production Mini-plants in mobile containers "...Science Network will supply to countries and developing regions the technology and the necessary support for the production in series of Mini-plants in mobile containers (40-foot). The Mini-plant system is designed in such a way that all the ... Continue reading

British GP free practice - BMW WilliamsF1 Team

British GP free practice - BMW WilliamsF1 Team

British Grand Prix - FREE PRACTICE 13th July 2001 Weather: Rain for the final ten minutes. Air temperature 17°C average. Track temperature 19°C average. It was a trouble-free start to the British Grand Prix weekend for the BMW WilliamsF1 Team with Ralf Schumacher 8th and Juan Pablo Montoya 17th. Ralf Schumacher Posit ... Continue reading

British Grand Prix - Free Practice

British Grand Prix - Free Practice

FIFTH FOR FRENTZEN IN FREE PRACTICE Jordan Honda driver goes fastest of Honda-powered foursome Heinz-Harald Frentzen (Benson and Hedges Jordan Honda) finished fifth fastest to head the Honda quartet in today’s free practice session for the British Grand Prix at Silverstone. His Jordan Honda team-mate Jarno Trulli ... Continue reading

T. Bell / Faulkner Ready for Toronto

T. Bell / Faulkner Ready for Toronto

FOR IMMEDIATE RELEASE Contact: James Hyneman jhyneman@compuserve.com DORRICOTT RACING RETURNS TO TORONTO VETERAN GEOFF BOSS FILLS IN FOR JON FOGARTY THIS WEEKEND TORONTO, Ont., Canada (July 12, 2001) - This weekend's Molson Indy Toronto marks a return of the Dayton Indy Lights Championship to eastern Canada after a two ... Continue reading

#55 Kanaan Toronto Friday Practice Notes/Quotes

#55 Kanaan Toronto Friday Practice Notes/Quotes

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com Tony Kanaan #55 Hollywood/Mo Nunn Racing Honda-Reynard Molson Indy Toronto - Practice Notes/Quotes - Friday, July 13, 2001 Exhibition Place - Toronto, Ontario, Canada - 1.721-Mile Temporary Street Course Round 10 of 21 on the 2001 CART FedEx ... Continue reading

#66 Zanardi Toronto Friday Practice Notes/Quotes

#66 Zanardi Toronto Friday Practice Notes/Quotes

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com Alex Zanardi #66 Pioneer-WorldCom/Mo Nunn Racing Honda-Reynard Molson Indy Toronto - Practice Notes/Quotes - Friday, July 13, 2001 Exhibition Place - Toronto, Ontario, Canada - 1.721-Mile Temporary Street Course Round 10 of 21 on the 2001 CAR ... Continue reading

Castrol Super Series - Toronto Indy Preview

Castrol Super Series - Toronto Indy Preview

Castrol Super Series For immediate release / July 13, 2001 CASTROL SUPER SERIES RETURNS FOR THIRD MOLSON INDY TORONTO Castrol Super Series // Round #6 - July 14, 2001 // Exhibition Place TORONTO, ON - This weekend, the Castrol Super Series takes to the streets of Toronto for its third consecutive appearance at the Mols ... Continue reading

MNR Retains IMG for Sponsorship, Marketing Support

MNR Retains IMG for Sponsorship, Marketing Support

Contact: Donnie Clark, (614) 793-4620, dclark@midohio.com Laz Denes, (256) 657-6190, ldenes@monunnracing.com MO NUNN RACING RETAINS IMG MOTORSPORTS FOR SPONSORSHIP AND MARKETING SUPPORT OF CART RACE TEAM TORONTO (July 14, 2001) - Mo Nunn Racing announced today the engagement of IMG Motorsports as the two-car race team' ... Continue reading

Castrol Super Series - Molson Indy Starting Grid

Castrol Super Series - Molson Indy Starting Grid

Castrol Super Series Round #6 of 12 / Molson Indy Toronto / Exhibition Place / Toronto, ON STARTING GRID: July 14, 2001 St. Car# Driver (Hometown) Sponsor / Make Lap Time 1 66 Robin Buck (Oakville, ON) UAP/NAPA Pontiac Grand Prix 1:19.369 2 4 Don Thomson Jr. (Hamilton, ON) Home Hardware Chevrolet Monte Carlo 1:19.566 3 ... Continue reading

News from Kenworth: Kenworth Offers New Cummins ISX-530 Horsepower Engine Rating

News from Kenworth: Kenworth Offers New Cummins ISX-530 Horsepower Engine Rating

NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Jeff Parietti, (425) 828-5196 jparietti@paccar.com Kenworth Offers New Cummins ISX-530 Horsepower Engine Rating KIRKLAND, Wash., July 13, 2001 - Kenworth Truck Company now offers the new Cummins ISX-530 horsepower engine rating for its lineup of T2000, T600, T800, W900 and C5 ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Ward's Reports Estimated Production SOUTHFIELD, Mich., July 13 Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 158,096 units, up from the 107,737 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North Amer ... Continue reading

ADVISORY/UNOVA Board of Directors Elects Larry D. Brady Chairman; Alton J. Brann to Retire

ADVISORY/UNOVA Board of Directors Elects Larry D. Brady Chairman; Alton J. Brann to Retire

-- UNOVA Inc. announced that Alton J. Brann would retire as Chairman and a member of the Board of Directors effective July 31, 2001. The Board nominated and elected Larry D. Brady, UNOVA's current CEO, to also become its Chairman effective Aug. 1, 2001. You can reach the story directly by going to http://www.newstream. ... Continue reading

Allied Holdings, Inc. Advised by New York Stock Exchange Regarding Listing Standards

Allied Holdings, Inc. Advised by New York Stock Exchange Regarding Listing Standards

Allied Holdings, Inc. Advised by New York Stock Exchange Regarding Listing Standards Guidance Issued for Second Quarter 2001; Jay Alix & Associates Hired as Turnaround Consultant DECATUR, Ga., July 13 Allied Holdings, Inc. announced today that it has been advised by the New York Stock Exchange ("NYSE") that the Company ... Continue reading

Brown, Gibbons, Lang & Company, L.P. Completes Divestiture for DT Industries, Inc.

Brown, Gibbons, Lang & Company, L.P. Completes Divestiture for DT Industries, Inc.

CHICAGO--July 13, 2001--The investment banking firm of Brown, Gibbons, Lang & Company ("BGL") announced it has completed the divestiture of Detroit Tool Metal Products ("DTMP") for DT Industries, Inc. ("DTI"). DTI , is a global manufacturer of automation systems and solutions for the assembly, testing and packaging of ... Continue reading

Brown, Gibbons, Lang & Company, L.P. Completes Divestiture for DT Industries, Inc.

Brown, Gibbons, Lang & Company, L.P. Completes Divestiture for DT Industries, Inc.

CHICAGO--July 13, 2001--The investment banking firm of Brown, Gibbons, Lang & Company ("BGL") announced it has completed the divestiture of Detroit Tool Metal Products ("DTMP") for DT Industries, Inc. ("DTI"). DTI , is a global manufacturer of automation systems and solutions for the assembly, testing and packaging of ... Continue reading

Caliber Collision Centers Acquires Best Auto Body & Paint in Hesperia

Caliber Collision Centers Acquires Best Auto Body & Paint in Hesperia

IRVINE, Calif.--July 13, 2001--Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California and Texas, has acquired Best Auto Body & Paint one of the largest collision repair service providers in the High Desert area of Southern California. The addition of Best Auto Body ... Continue reading

Knight Transportation Inc. Clarifies Stock Transaction Information Reported Incorrectly

Knight Transportation Inc. Clarifies Stock Transaction Information Reported Incorrectly

PHOENIX--July 13, 2001--The Dow Jones News on June 15, 2001 and Transport Topics on July 2, 2001, erroneously reported that Kevin P. Knight, chairman and chief executive officer of Knight Transportation Inc. sold 193,750 shares of Knight Transportation stock for $26-$26.50 per share between May 1, 2001 and May 3, 2001. ... Continue reading

News From USWA: Steelworkers Refuse to Accept Decatur Plant Closure; Claim Tires Are Not Source of the Problem

News From USWA: Steelworkers Refuse to Accept Decatur Plant Closure; Claim Tires Are Not Source of the Problem

PITTSBURGH--July 13, 2001--Representatives of the United Steelworkers of America (USWA) International and Decatur Local 713 met with top management of Bridgestone/Firestone, Inc. today in Pittsburgh and urged a thorough exploration of ways to keep the Decatur facility open. "Based on our knowledge and review of facts, ... Continue reading

Oshkosh Truck To Announce Fiscal 2001 Third-Quarter Earnings and Fiscal 2002 Expectations on July 27

Oshkosh Truck To Announce Fiscal 2001 Third-Quarter Earnings and Fiscal 2002 Expectations on July 27

OSHKOSH, Wis.--July 13, 2001--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, announced today that it will issue its third-quarter 2001 financial results on July 27, 2001. Robert G. Bohn, Oshkosh chairman, president and chief executive officer, and Charles Szews, executive vice ... Continue reading

Probex Clarifies That Director Transaction Resulted in Net Purchase, Not Sale of Company Stock

Probex Clarifies That Director Transaction Resulted in Net Purchase, Not Sale of Company Stock

DALLAS--July 13, 2001--Probex Corp. (AMEX:PRB), an energy technology company specializing in environmental services, today said that reports in the market indicating that Thomas G. Murray, a director of the company, had sold approximately 96,000 shares of Probex stock were incorrectly characterized and that in fact Mr. ... Continue reading

Rent-A-Wreck Announces Earnings for Its Fiscal Year Ended March 31, 2001

Rent-A-Wreck Announces Earnings for Its Fiscal Year Ended March 31, 2001

OWINGS MILLS, Md--July 13, 2001--Rent-A-Wreck of America, Inc. announced earnings for its fourth quarter and fiscal year ended March 31, 2001. Due to a one-time expense of $1,234,560 for the repurchase of 957,721 options incurred in the third quarter, operating income in fiscal 2001 declined 66% to $344,935 from $1,002 ... Continue reading

Teleflex to Webcast Second Quarter Investor Conference Call; Live Webcast is scheduled at 11:15 a.m. EDT on Thursday, July 19

Teleflex to Webcast Second Quarter Investor Conference Call; Live Webcast is scheduled at 11:15 a.m. EDT on Thursday, July 19

PLYMOUTH MEETING, Pa.--July 13, 2001--Teleflex Incorporated will Webcast its second quarter 2001 investor conference call on Thursday, July 19, at 11:15 a.m. (EDT). Management will discuss second quarter results and comment on trends in the company's businesses. To listen to the live audio Webcast, go to the company's ... Continue reading

Toyoda Iron Works Invests in Moldflow Software Solutions

Toyoda Iron Works Invests in Moldflow Software Solutions

WAYLAND, Mass.--July 13, 2001--Moldflow Corporation , the world leader in process-wide solutions for optimizing the design and manufacture of plastic products, today announced that Toyoda Iron Works Co., Ltd., a Japanese manufacturer of interior automotive parts, has invested in Moldflow's high-end filling, post-fillin ... Continue reading

UNOVA Board of Directors Elects Larry D. Brady Chairman; Alton J. Brann to Retire

UNOVA Board of Directors Elects Larry D. Brady Chairman; Alton J. Brann to Retire

Asset Caption: Larry D. Brady, CEO and Chairman-Elect, UNOVA Inc. Asset Caption: Web ready logo Asset Caption: Press releaseAsset Description: Word document Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com. WOODL ... Continue reading

WhereNet Partners with GE Fanuc and InfoServices

WhereNet Partners with GE Fanuc and InfoServices

Dear Editor, WhereNet Corp., a leader technology provider to Ford Motor Company and winner of the Henry Ford Technology Award last year, recently announced two new strategic alliances with dramatic implications for the automotive industry. GE Fanuc Automation Corporation and InfoServices, Inc. have become authorized re ... Continue reading

Camp Jeep (Interview)

Camp Jeep (Interview)

TACH Camp Jeep Interview ... Continue reading

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