Bandag, Incorporated Announces Sale of South African Operation To SA Group
Nov 4, 2004
MUSCATINE, Iowa, Nov. 4 -- Bandag, Incorporated today reported an agreement has been reached, effective December 1, 2004, for the business of Bandag in South Africa to be sold to local management. The name of the new company will be Bandag Southern Africa (Pty) Ltd. A long-term licensing agreement is expected to become ... Continue reading
Nov 4, 2004
ROCHESTER HILLS, Mich., Nov. 4 -- Global competition is driving North American manufacturers to improve productivity and efficiency. To maximize North American manufacturing competitiveness and halt the continued erosion of manufacturing jobs to low-wage countries such as China, FANUC Robotics America, Inc. (Rochester ... Continue reading
Magna Announces Third Quarter and Year to Date Results
Nov 4, 2004
AURORA, Canada, November 4 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) today reported financial results for the third quarter and nine month period ended September 30, 2004. ----------------------------------------------------------- -------------- THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMB ... Continue reading
Joseph Copeland to Lead Business Development, Strategy and Restructuring for Goodyear
Nov 4, 2004
AKRON, Ohio, Nov. 4 -- The Goodyear Tire & Rubber Company announced today that Joseph Copeland, formerly president of the company's chemical business, has been named senior vice president of business development, strategy and restructuring for Goodyear. The new appointment combines the business development responsibili ... Continue reading
CPSC Announces Recall of Valvoline Brake Cleaner and Brake Parts Cleaner
Nov 4, 2004
WASHINGTON, Nov. 4 -- The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. (To access color photos of the following recalled prod ... Continue reading
Nov 4, 2004
PITTSBURGH--Nov. 4, 2004--Responding to a lawsuit filed by the United Steelworkers of America (USWA), a federal judge has blocked Cooper Tire from completing its previously announced $1.17 billion sale of its Cooper Standard Automotive Division. Last spring, Cooper Tire first announced plans to sell the Automotive Divi ... Continue reading
Nov 4, 2004
TULSA, Okla.--Nov. 4, 2004-- iWay(TM) 500C Commenced Shipping October, 2004 Lowrance Electronics, Inc. announced today that its new "iWay 500C" Automotive GPS won the Best New Mobile Electronics Entertainment Product for 2005 at the Specialty Equipment Market Association (SEMA) 2004 Show in Las Vegas, Nevada. The SEMA ... Continue reading
Remy International Grows Revenue and Improves Operating Income
Nov 4, 2004
ANDERSON, Ind., Nov. 4 -- Remy International, Inc. ("Remy International" or the "Company" and formerly Delco Remy International, Inc.), a leading worldwide manufacturer and remanufacturer of automotive electrical and powertrain products, today announced net sales from continuing operations of $254.3 million and Adjuste ... Continue reading
Superior Industries Begins Shipping Aluminum Wheels for the All-New 2005 Mustang
Nov 4, 2004
VAN NUYS, Calif.--Nov. 4, 2004--Superior Industries International, Inc. announced today that it has been awarded a replacement order from Ford Motor Company to supply three styles of aluminum road wheels for the all-new 2005 Mustang. Initial shipments have already begun from the Company's facilities in Van Nuys. "Super ... Continue reading
Rockwell Automation Reports Fourth Quarter and Full Year Results
Nov 4, 2004
MILWAUKEE--Nov. 4, 2004--Rockwell Automation, Inc. , a leading global provider of industrial automation power, control and information solutions, today reported fiscal 2004 fourth quarter income from continuing operations of $96.6 million ($0.51 per share). This result includes the following items: -- Charges of $26.3 ... Continue reading
TRW Automotive Reports Third-Quarter 2004 Financial Results
Nov 4, 2004
LIVONIA, Mich., Nov. 4 -- TRW Automotive Holdings Corp. , today reported third-quarter 2004 results with sales of $2.7 billion, an increase of 8% over the prior year quarter, and net earnings of $13 million, or $0.13 per diluted share, compared to net losses of $34 million or ($0.39) per share during the same period a ... Continue reading
Cooper Tire to Appeal Injunction Against Sale
Nov 4, 2004
FINDLAY, Ohio, Nov. 4 -- COOPER TIRE & RUBBER COMPANY today stated it will immediately appeal to the U.S. Seventh District Circuit Court of Appeals the decision Tuesday by the U.S. District Court in Indiana, to grant a preliminary injunction on the sale of four of the 47 Cooper-Standard Automotive facilities that are b ... Continue reading
FinishMaster Announces Third Quarter Financial Results
Nov 4, 2004
INDIANAPOLIS--Nov. 3, 2004--FinishMaster, Inc. (Pink Sheets:FMST) today reported that net income for the third quarter of 2004 was $3,495,000, or $0.45 per share, compared with net income of $3,615,000, or $0.47 per share, in the prior year period. The decrease in net income for the quarter compared to the prior year p ... Continue reading
Advance Auto Parts Reports Record Third Quarter Sales and Earnings
Nov 3, 2004
Comparable Store Sales Grew 3.0% and EPS Rose to $0.68 Company Reiterates Fourth Quarter Guidance Announces New Senior Credit Facility ROANOKE, Va., Nov. 3 -- Advance Auto Parts, Inc. , a leading retailer of automotive parts and accessories, today announced record sales and earnings for its third quarter ended October ... Continue reading
Cooper Tire Named Official Tire Supplier to A1 Grand Prix
Nov 3, 2004
World Cup of Motorsport Offers Global Brand Exposure FINDLAY, Ohio, Nov. 3 -- COOPER TIRE & RUBBER COMPANY announces today that it has taken the position of official tire supplier to A1 Grand Prix, a new FIA approved motorsport series commencing September 2005. The three-year agreement calls for Cooper to produce slick ... Continue reading
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