News By Topic: Parts Manufacturers

Snap-on Announces 2006 First-quarter Results

Apr 28, 2006

KENOSHA, Wis.--April 28, 2006--Snap-on Incorporated , a global leader in professional tools, diagnostics and equipment, today announced 2006 first-quarter results. -- Net earnings for the first quarter of 2006 increased 23.5% to $22.1 million from $17.9 million a year ago. Diluted earnings per share were $0.37 this yea ... Continue reading

Gehl Company Reports Record First Quarter 2006 Sales and Income

Apr 28, 2006

WEST BEND, Wis.--April 28, 2006--Gehl Company , today reported record first quarter net sales from continuing operations of $122.1 million for the quarter ended March 31, 2006, an increase of 12% from 2005 first quarter net sales from continuing operations of $108.9 million. Record first quarter income from continuing ... Continue reading

Cummins Reports Strong First-Quarter 2006 Earnings

Apr 28, 2006

COLUMBUS, Ind.--April 28, 2006--Cummins Inc. today reported strong first-quarter earnings of $135 million, or $2.70 per diluted share, powered by sales growth across most of its markets and product lines, and continued gross margin strength. Sales for the quarter totaled $2.68 billion. Based on its first-quarter perfor ... Continue reading

ArvinMeritor Reports Second-Quarter Net Income of $45 Million - Up $78 Million

Apr 28, 2006

Achieves Second-Quarter Earnings Per Share at Top End of Range and Updates Full-Year Outlook TROY, Mich., April 28 -- ArvinMeritor, Inc. today reported financial results for its second fiscal quarter ended March 31, 2006. Second-Quarter Fiscal Year 2006 Highlights * Net income was $45 million, or $0.64 per diluted shar ... Continue reading

Leading Western and Eastern European Automotive Logistics Executives Meet in Russia

Apr 28, 2006

ST PETERSBERG, April 28 -- Automotive Logistics Central Europe is back, but in the new location of St Petersburg, Russia at the Hotel Astoria, between 27 and 28 June 2006. Organised by Automotive Logistics magazine, the creators of the highly successful Automotive Logistics Europe and Automotive Logistics Global confer ... Continue reading

Exide Technologies Tennessee Facility to Produce Batteries for Ford Motor Company

Apr 28, 2006

ALPHARETTA, Ga.--April 27, 2006--Exide Technologies (www.exide.com), a global leader in stored electrical-energy solutions, announced today that its Bristol, Tennessee facility has been approved by Ford Motor Company to produce original-equipment batteries for a number of different passenger vehicles. The Bristol allia ... Continue reading

Titan International, Inc. Reports 34% Increase in First Quarter Sales

Apr 28, 2006

QUINCY, Ill.--April 27, 2006--Titan International, Inc. in 2006, versus 10 percent ($1.2 million tax provision) in 2005, the company's first quarter net income for 2006 was $8.6 million, compared to $11.2 million for 2005. -- Titan reduced total debt by $5.5 million in the quarter including short-term debt reduction of ... Continue reading

Diamond Triumph Announces Executive Management Changes

Apr 28, 2006

KINGSTON, Pa., April 27 -- Diamond Triumph Auto Glass, Inc. ("the Company") announced today that the Company's Chief Executive Officer, Norman Harris, has decided to retire from the Company after his many years of service. Mr. Harris will continue to serve as a consultant to the Company and will also continue to advise ... Continue reading

infoUSA Receives Nomination For 2006 Telematics Update Award

Apr 28, 2006

OMAHA, Neb.--April 27, 2006--infoUSA(R) , the leading provider of proprietary business and consumer databases and sales leads, today announced the nomination of infoUSA for a 2006 Telematics Update award. The Telematics Update Awards, which recognize companies for their contribution to with telematics industry through ... Continue reading

Snap-on Incorporated Declares Quarterly Dividend

Apr 28, 2006

KENOSHA, Wis.--April 27, 2006--The Snap-on Incorporated board of directors declared today a second-quarter dividend of $0.27 per share, payable June 9, 2006, to shareholders of record on May 19, 2006. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939. Snap-on Incorpora ... Continue reading

Engineered Vehicle Structures Wins Safety Award for Third Consecutive Year

Apr 28, 2006

NEW ALBANY, Ohio, April 27 -- Engineered Vehicle Structures of Shadyside, Ohio, a division of Commercial Vehicle Group, Inc. , was recently selected as a 2005 recipient of the Fabricators and Manufacturers Association Award of Merit. The Award of Merit is given annually to companies posting an injury and illness incide ... Continue reading

ZF Names Hans-Georg Haerter as Next CEO

Apr 27, 2006

FRIEDRICHSHAFEN, Germany, April 27 -- ZF Friedrichshafen AG - a leading worldwide supplier of driveline and chassis technology - announced Hans-Georg Haerter (60) as the successor to current CEO Siegfried Goll (65). Haerter will be appointed to the ZF Friedrichshafen AG Board of Management effective October 1, 2006 and ... Continue reading

United Plastics Group Opens Third China Facility in Suzhou

Apr 27, 2006

US $10 million, 115,000 square foot facility quadruples capacity for low-cost, value-added molding and assembly in China. Designed for lean manufacturing, the new plant includes clean room and white room areas. OAK BROOK, Ill. and SUZHOU, JIANGSU, China, April 27 -- United Plastics Group, Inc. (UPG) today announced the ... Continue reading

TRW Automotive Safety Technology Featured on SUVs and Trucks Earning NHTSA's Five-Star Rating

Apr 27, 2006

LIVONIA, Mich., April 27 -- The stars are aligned for vehicles featuring various automotive safety technologies supplied by TRW Vehicle Safety Systems Inc. (VSSI) -- a subsidiary of TRW Automotive Holdings Corp . TRW VSSI supplied occupant safety components to six of the eight vehicles earning a five-star rating for bo ... Continue reading

DENSO Announces Year-end Financial Results

Apr 27, 2006

Net Sales, Operating Income and Net Income Hit Record High TOKYO, April 27 -- DENSO Corporation today announced global financial results for the fiscal year ended March 31, 2006: * Consolidated net sales totaled 3,188.3 billion yen (US$27.3 billion), a 13.9 percent increase from the previous year. * Consolidated operat ... Continue reading