CCC Information Services Group Inc. Secures Funding from Capricorn Investors III, L.P.
CHICAGO--Feb. 23, 2001--CCC Information Services Group Inc. , through its wholly-owned subsidiary CCC Information Services Inc., a leading provider of business solutions to the automobile claims industry, today announced that it completed the previously announced sale to Capricorn Investors III, L.P., one of its existi ... Continue reading
Ceradyne Inc. to Announce 2000 Fourth-Quarter and Year-End Results on February 28, 2001
COSTA MESA, Calif.--Feb. 23, 2001--Ceradyne Inc. will release fourth-quarter and year-end results for the period ended December 31, 2000 on the morning of Wednesday, February 28. The company will also hold a teleconference to discuss the company's results and may discuss future plans and prospects. Any investor or inte ... Continue reading
IDOT to Begin Final Year of Work on IL 50 at 127th Street/I-294 Reconstruction Project
SCHAUMBURG, Ill., Feb. 23 The final year of the reconstruction project for IL 50 (Cicero Avenue) at 127th Street and the Tri-State Tollway (I-294) in the Village of Alsip will begin on March 1, weather permitting, the Illinois Department of Transportation announced today. The two-year $32.5 million project is part of G ... Continue reading
Kingsley Coach Reports the Resignation of its CEO
MIDDLEBURG, Pa.--Feb. 23, 2001--The Kingsley Coach, Inc. (OTCBB:KNGS) announced today the resignation of its Chief Executive Officer, Terry A. Watkins. Mr. Watkins informed the Company that he will exercise the option in his Employment Agreement that permits him to leave the Company on his one-year anniversary, March 1 ... Continue reading
DANBORO, Pa.--Feb. 23, 2001--PennEngineering, , today announced that it will be presenting at The 14th Annual SalomonSmithBarney Global Industrial Manufacturing Conference. The conference will take place at the Grand Hyatt Hotel in New York, beginning on February 28 and ending on March 1, 2001. PennEngineering will be ... Continue reading
PPG Strongly Recommends Shareholders Reject Mini-Tender Offer
PITTSBURGH--Feb. 23, 2001--PPG Industries strongly recommends that shareholders reject an offer by TRC Capital Corporation to purchase up to 5,750,000 shares of PPG common stock at a price of $45.75 per share. Neither PPG nor its officers or directors are associated with TRC. The market price of PPG common stock at the ... Continue reading
TransPro, Inc. Fourth Quarter Conference Call to be Broadcast Over the Internet
NEW HAVEN, Conn.--Feb. 23, 2001--TransPro, Inc. intends to release its fourth quarter fiscal 2000 results for the period ended December 31, 2000 on Tuesday, February 27, 2001 after the close of the market. In conjunction with this release, the Company will host a conference call that will be simultaneously broadcast li ... Continue reading
TransPro, Inc. Fourth Quarter Conference Call to be Broadcast Over the Internet
NEW HAVEN, Conn.--Feb. 23, 2001--TransPro, Inc. intends to release its fourth quarter fiscal 2000 results for the period ended December 31, 2000 on Tuesday, February 27, 2001 after the close of the market. In conjunction with this release, the Company will host a conference call that will be simultaneously broadcast li ... Continue reading
TransPro, Inc. Fourth Quarter Conference Call to be Broadcast Over the Internet
NEW HAVEN, Conn.--Feb. 23, 2001--TransPro, Inc. intends to release its fourth quarter fiscal 2000 results for the period ended December 31, 2000 on Tuesday, February 27, 2001 after the close of the market. In conjunction with this release, the Company will host a conference call that will be simultaneously broadcast li ... Continue reading
TRW To Participate in Salomon Smith Barney's Global Industrial Manufacturing Conference
Business Editors CLEVELAND--Feb. 23, 2001--TRW Inc. will participate in the Salomon Smith Barney Annual Global Industrial Manufacturing Conference at the Grand Hyatt Hotel in New York City on Thursday, March 1. David M. Cote, president and chief executive officer, is scheduled to address the conference that day from 10 ... Continue reading
West Palm Beach's Suncoast High School Designs Dream Vehicle For Chrysler Group
Annual Design Contest Yields Top Prize for Area Students AUBURN HILLS, Mich., Feb. 23 Teamwork, dedication and imagination contributed to the triumph of Suncoast High School during the 2001 "Build Your Dream Vehicle" educational challenge in Miami. Teams from Suncoast earned first and second place honors, trophies and ... Continue reading
News from Kenworth: Kenworth Northwest Named Kenworth Dealer of Year
NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Jeff Parietti, (425) 828-5196 jparietti@paccar.com Kenworth Northwest Named Kenworth Dealer of Year KIRKLAND, Wash., Feb. 23, 2001 - Kenworth Northwest in SeaTac, Wash. was named Kenworth Dealer of the Year for the United States and Canada during the annual Kenworth Dealer Me ... Continue reading
The Digital Automobile: Motoring Into the Future On The Webmaster Show LIVE!
FRESNO, Calif.--Feb. 23, 2001--(www.img2.com) WHAT: This week's The Webmaster Show is proud to feature an expose on telematics -- the brave new world of techno-gadgetry and high-tech wizardry in the automobile. With an estimated market for telematics hardware and services growing to roughly $50 billion by 2010, the aut ... Continue reading
Championship Auto Racing Teams Reports Fourth Quarter and Year-End 2000 Results
DETROIT, Feb. 23 Championship Auto Racing Teams, Inc. today announced revenues, expenses, net income and earnings per share for the fourth quarter and year-ended December 31, 2000. The number of events held in a particular quarter will effect the comparability of earnings information from quarter to quarter. CART condu ... Continue reading
AutoZone Names Senior Vice Presidents, Stores and Supply Chain
MEMPHIS, Tenn., Feb. 23 AutoZone, Inc. , today named Mike Longo, 39, to the position of senior vice president, stores. He was serving as the company's senior vice president, supply chain. Bill Rhodes, 35, will fill the vacancy created by Longo's move. Rhodes was previously senior vice president responsible for the comp ... Continue reading
Bandag's President of Tire Distribution Systems, Inc. Resigns
MUSCATINE, Iowa, Feb. 23 Bandag, Incorporated announced today that Sam Ferrise has resigned as president of the corporation's distribution subsidiary, Tire Distribution Systems, Inc. (TDS), in order to take the role of president at Baldwin Filters, a division of CLARCOR Inc. According to Martin Carver, Chairman and CEO ... Continue reading
Team Chicago Challenge (TV Show)
Team Chicago Challenge ... Continue reading
AutoTradeCenter Sells Wholesale Operations In Scottsdale
Business Editors SCOTTSDALE, Ariz.--Feb. 23, 2001--AutoTradeCenter (OTCBB: AUTC) has completed the sale of its wholesale subsidiary (known as Auto Network Group) located in Scottsdale, to Air Park Motors of Scottsdale LLC ("Airpark"). Air Park Motors is owned by automobile brokers, formerly performing under work for hi ... Continue reading
Newstream.com Digest: EDD Wins Major Contracts; Sales Increase by 30 Percent
NEW YORK--Feb. 23, 2001-- Boeing Satellite Systems Inc. to Launch Saturday and Other Free Multimedia Story Packages for Journalists EDD Wins Major Contracts; Sales Increase by 30 Percent Boeing Electron Dynamic Devices Inc. (EDD), Torrance, Calif., recently won several new contracts worth a total of more than $34 milli ... Continue reading
Press Release from National Safety Council, Feb. 23, 2001
February 23, 2001 Contact: Suzanne Dase For Immediate Release National Safety Council Phone: 630-775-2298 NEW BOOK FROM NSC PRESS DELIVERS FUNDAMENTALS FOR NONSAFETY PROFESSIONALS Itasca, Ill. -- The National Safety Council*s NSC Press has published an important new book titled Basics of Safety and Health. Jodey B. Sch ... Continue reading
Simula's CEO Interviewed on WallStreetReporter.com
PHOENIX--Feb. 23, 2001--Simula Inc. (AMEX:SMU) President and CEO Brad Forst conducted an interview with Wahid Tabani of WallStreetReporter.com on Feb. 22, 2001. The interview, in which Forst discusses the company's expectations for top- and bottom-line growth, is available at www.wallstreetreporter.com through Wednesda ... Continue reading
TransPro, Inc. Fourth Quarter Conference Call to be Broadcast Over the Internet
NEW HAVEN, Conn.--Feb. 23, 2001--TransPro, Inc. intends to release its fourth quarter fiscal 2000 results for the period ended December 31, 2000 on Tuesday, February 27, 2001 after the close of the market. In conjunction with this release, the Company will host a conference call that will be simultaneously broadcast li ... Continue reading
Earnhardt Lap Belt Found Broken
AP Reports:Earnhardt's Lap Belt Was Found Broken ROCKINGHAM, N.C.--NASCAR officials reported that Dale Earnhardt's lap belt was found broken after the crash that killed Dale Earnhardt at the very end of the Daytona 500 Earnhardt, 49, might have survived Sunday's crash if the cloth belt had held, a doctor said. "A broke ... Continue reading
Carfax and AAA Partner to Protect Motorists From Hidden Problems With Used Vehicles
FAIRFAX, Va.--Feb. 23, 2001--Carfax, Inc., the Internet's leading provider of vehicle history data, and AAA, the nation's largest organization for car owners, are joining forces to help motorists avoid the unknowing purchase of a used car with title defects or other serious problems, including a salvage history, odomet ... Continue reading
Ford Credit Auto Owner Trust 1999-B Upgraded By Fitch
NEW YORK--Feb. 23, 2001--Fitch upgrades Ford Credit Auto Owner Trust 1999-B's class B asset-backed notes to `AA' from `A', class C asset-backed certificates to `A+' from `BBB+' and class D asset-backed certificates to `BBB+' from `BB+'. The rating upgrades are a result of increased available credit enhancement in exces ... Continue reading
Shiloh Industries Q1 2001 Conference Call Scheduled
CLEVELAND, Feb. 23 Shiloh Industries, Inc. , a leading manufacturer of engineered and welded blanks, stamped components and modular systems for the automotive and heavy truck industries, will conduct a conference call to discuss the Company's first quarter 2001 results at 1 p.m. (EST) on Wednesday, February 28, 2001. T ... Continue reading
TORONTO--Feb. 23, 2001--Thinkpath Inc., (BSE:THP), an IT and engineering services company, today announced a USD $900,000 deal with Oxbow Machine Products Inc., a full-service manufacturer of machinery for the automotive industry. Under the terms of the one-year project, Thinkpath will design assembly machines for a ne ... Continue reading
Donnelly Corporation Announces Dividend
HOLLAND, Mich., Feb. 23 Donnelly Corporation announced today that its Board of Directors declared a quarterly dividend of 10 cents ($0.10) per share on its Class A Common Stock. The dividend will be paid on April 2, 2001, to shareholders of record at the close of business on March 15, 2001. Through its electronics and ... Continue reading
Insilco Holding Co. Posts Solid Growth in Q4 Sales and Earnings
COLUMBUS, Ohio, Feb. 23 Insilco Holding Co. (OTC Bulletin Board: INSL) today reported results for its fourth quarter and full year ended December 31, 2000. The Company said that results for its automotive segment, which the Company divested during the 2000 third quarter and its Taylor Publishing unit, which was diveste ... Continue reading
AMETEK to Present at Salomon Smith Barney Global Industries Conference
Presentation to be Web Cast at 3 PM on February 28th PAOLI, Pa., Feb. 23 AMETEK, Inc. will make a presentation at the 14th Annual Salomon Smith Barney Global Industrial Manufacturing Conference to be held on February 28th and March 1st, 2001 in New York City. AMETEK's presentation is scheduled for 3:00 PM on Wednesday ... Continue reading
TROY, Mich., Feb. 23 ArvinMeritor, Inc. announces that its Light Vehicle Aftermarket (LVA) group has formed a strategic alliance with Flowmaster, the world leader in exhaust technology, to distribute Flowmaster's industry-leading performance exhaust products portfolio. ArvinMeritor is committed to expanding its capabil ... Continue reading
Corporate Profile for Autofusion Corp., dated Feb. 23, 2001
--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0- Published Date: Feb. 23, 2001 Company Name: Autofusion C ... Continue reading
-----Original Message----- From: PennyNicolai@aol.com [mailto:PennyNicolai@aol.com] Sent: Thursday, February 22, 2001 2:13 PM To: transampr@compuserve.com Subject: Corrected Ruhlman Release Hi, Here it is. Talk to you soon. ... Continue reading
just-auto.com and Providata Automotive Announce Strategic Partnership
LONDON, Feb. 23 http://www.just-auto.com -- Leading automotive news and information web site just-auto.com is pleased to announce the signing of Providata Automotive as a commercial partner. Under the new agreement, just-auto.com will market a full portfolio of automotive market research and competitive intelligence re ... Continue reading
WARWICK, R.I., Feb. 23 Personal lines customers of MetLife Auto & Home, the Economy Companies, USF&G, and The St. Paul Companies who have sustained damage from the recent storms over much of Alabama, Arkansas, Georgia, Louisiana, Mississippi, and Texas can receive immediate assistance by calling a 24-hour claims hotlin ... Continue reading
Orbital's Half Year Results and Review of Operations
PERTH, Australia, Feb. 23 On 19 December 2000, Orbital Engine Corporation announced a forecast loss for the half-year ended 31 December 2000 of A$3 million subject to the successful completion of a number of negotiations. This forecast was based on the presumption that income arising as a result of these negotiations w ... Continue reading
TORONTO--Feb. 23, 2001--Thinkpath Inc., (BSE:THP), an IT and engineering services company, today announced a USD $900,000 deal with Oxbow Machine Products Inc., a full-service manufacturer of machinery for the automotive industry. Under the terms of the one-year project, Thinkpath will design assembly machines for a ne ... Continue reading
Ford and Vodafone Launch New European Telematics Partnership
NEW YORK, Feb. 23 Ford of Europe and Vodafone Group Plc today announce a new strategic partnership to provide in-car telematic services in Europe. D2 Vodafone in Germany and Vodafone UK, two subsidiaries of Vodafone Group Plc, have signed agreements to join forces with Ford of Europe to bring advanced voice-driven tele ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., Feb. 23 Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 295,007 units, down from the 317,656 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 2,266,758 v ... Continue reading
Arthur Andersen on the Automotive Industry: Creating Value Envy
The widespread realization that value is no longer encapsulated on the traditional balance sheet has turned the business world upside down -- or perhaps it is right side up, according to Arthur Andersen. During the past 20 years, intangible assets have become increasingly important as wealth creators, while physical as ... Continue reading
Bankruptcy Court Approves Sale of LTV Tin Mill Business to U.S. Steel
The LTV Corporation announced that the U.S. Bankruptcy Court approved the sale of its Tin Mill Products Business to the U. S. Steel Group of USX Corporation. Under the terms of the agreement, U. S. Steel will lease the land and take title to the buildings, facilities and inventory of the Indiana Harbor tin operations, ... Continue reading
CNW Marketing Research:Local Dealers Give the Best Deal!
Contrary to popular belief, buying a vehicle through an on line buying service or from an on line "direct" seller will mean paying more, not less, than simply visiting a conventional dealership. In CNW Marketing Research's fourth such new-vehicle price analysis, actual confirmed prices for various types of vehicles wer ... Continue reading
Delphi Announces Portfolio Review of Ande, France Operations
As part of a plan to rationalize facilities and exit non-strategic businesses, Delphi Automotive Systems announced today its intent to sell its Ande, France operations, as well as its global Liteflex composite spring business. "The Liteflex product line is not strategic to our portfolio and Ande is no longer critical i ... Continue reading
Featherlite Announces Year-End Results
Featherlite, Inc., a leading manufacturer and marketer of specialty aluminum trailers and luxury motorcoaches, announced today that it would report a $9.9 million loss, or $1.51 per diluted share, for 2000, which is consistent with the range estimated by the company in a news release dated Feb. 9, 2001. The company pos ... Continue reading
Goodyear Serves Up Tires Made From Corn
Brace yourself for corny tire jokes and puns (sample: it's "a-maize-ing"). Goodyear has introduced the world's first tire with a compound derived from corn at Europe's annual major auto show here. The new Goodyear GT3 is the first tire on the market using a new starch- based filler material called BioTRED, which uses c ... Continue reading
Sachs Displays 1930 Ford Cruiser at AutoRama
The "Sachs Cruiser" -- a pet project that became a labor of love for a group of engineers at Sachs Automotive of America -- will be on display February 23-25, 2001 at AutoRama at Cobo Center in Detroit. Sachs employees stayed "after school" last summer to prepare the company's two-door 1930 Ford sedan for a debut appea ... Continue reading
SinterCast: Results January-December 2000
Several car and truck manufacturers are committed to CGI engine programmes for production starting between 2002-2005. Market Development During the year 2000, several automotive companies have committed their next generation of diesel engines to Compacted Graphite Iron (CGI). These decisions not only reflect their conf ... Continue reading
Spartan Motors Unveils 2001 Growth Plan
Spartan Motors, Inc. unveiled its growth strategy for 2001 that focuses on gaining market share for its core chassis platforms and emergency vehicle businesses while improving its operating efficiencies. The plan, presented to fund managers and analysts at the Roth Capital Partners Growth Stock Conference Feb. 19-21 in ... Continue reading
State Auto Financial Records Underwriting Profit for Sixth Straight Year
State Auto Financial Corporation announced net reported earnings per share of $0.35 ($0.34 diluted) for the fourth quarter ending December 31, 2000, compared to $0.33 ($0.32 diluted) per share for same period last year. Net earnings for the 2000 fourth quarter were $13,531,000, compared to $13,035,000 for the 1999 four ... Continue reading
ASA: Purdue and Big Ten to sponsor ASA driver Brian Moates
West Lafayette, IN-Purdue University and the Big Ten Conference released their plans to serve as primary sponsor on the ST Motorsports entry driven by Purdue graduate Brian Moates for the 2001 ASA ACDelco Series racing season. Details of the agreement wi ll be released as they become available. This is Purdue’s s ... Continue reading
NASCAR WCUP: Jarrett returns to Rockingham with more than winning on his mind
ROCKINGHAM, N.C.,- As Winston Cup competition resumes in the wake of Dale Earnhardt's tragic passing, Dale Jarrett knows winning is not the most important consideration heading into Sunday's Dura-Lube 400 at North Carolina Motor Speedway. Far from it. But, the #88 UPS driver and his fellow competitors will try to honor ... Continue reading
NHRA: GR8RIDE becomes official internet technology partner of NHRA
GLENDORA, Calif. - The National Hot Rod Association (NHRA) and GR8RIDE, the leading online resource for automotive enthusiasts maximizing the content of Primedia's 29 leading automotive magazines, announced today a comprehensive marketing partnership which establishes GR8RIDE as the official Internet technology partner ... Continue reading
CART: It's a Wrap Team Motorola Concludes Road Course Testing for 2001
Indianapolis, IN--- Team Motorola and driver Michael Andretti wrapped up their road course testing for the 2001 season yesterday at Sebring International Raceway. The #39 Team Motorola entry completed two days of incident free testing on the 1.65 mile road course and turned over 287 miles during the test. "We had some ... Continue reading
Northern Light IRL: Salazar balances zeal, sadness entering Miami test
MIAMI -- Eliseo Salazar climbs into a race car this weekend for the first time since he drove to fifth place last October at Texas Motor Speedway. He will be at the wheel of a new A.J. Foyt Racing Dallara carrying the famed No. 14 participating in the Indy Racing Northern Light Series Open Test at Homestead-Miami Speed ... Continue reading
Northern Light IRL: Indy Racing Northern Light Series Notebook
F1 great Williams praises Schmidt for starting new team; Testing heats up INDIANAPOLIS -Legendary Formula One team owner Sir Frank Williams recently praised Sam Schmidt for starting a new Indy Racing Northern Light Series team. Schmidt announced the formation of Sam Schmidt Motorsports on Feb. 9 at Phoenix. The team pl ... Continue reading
CART: Gugelmin excited about the high banks of Texas
(Fort Worth, TX) – Rain and cold temperatures limited testing at the Texas Motor Speedway Wednesday, as Mauricio Gugelmin and PacWest Racing got their first taste of the high-banked 1.5-mile oval that hosts round three of the 2001 CART FedEx Championship Series on April 29. Gugelmin ran approximately 160 miles on ... Continue reading
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