MAHLE Acquires Clemex Mexico S.A. de C.V
The Stuttgart-based MAHLEGroup has acquired the total shares of Clemex Mexico S.A. de C.V. andits subsidiaries in Lerma, Mexico. The company, which will continue to operate under the name ClemexMexico S.A. de CV until early 2009 when it is merged into the MAHLEGroup, produces engine bearings and bushings for the automotiveaftermarket and global automotive OE
MAHLE Clevite Expands Grassroots Racing Outreach With Sponsorship of NASCAR Corona Series
To further expands its reach into grassroots racing, MAHLE Clevite has announced its sponsorship of the NASCAR Corona Series. The three year sponsorship agreement for the NASCAR series in Mexico will last until 2010. “Our new agreement to sponsor Mexico’s most important stock car racing series not only supports our existing relationship with NASCAR,
IRS Files Objection to Holley Bankruptcy
The Internal Revenue Servicehas filed an objection to the bankruptcy plan of Holley Performance Products. The IRS said the court should delay confirming Holley’s Chapter 11bankruptcy plan so the IRS can have more time to "consider whether itsclaims are being treated fairly" and examine claims it may hold againstthe company, according to recent Daily News
ATK Vege Acquires Orient Engines
ATK Vege, the largest private label engine remanufacturer in North America, announced the acquisition of the assets of Orient Engine, Inc. Located in Kentucky, Orient Engine is a remanufacturer of import engines, specializing in Japanese brands. “ATK Vege continues to add capability, expertise and broad product offerings for the Automotive Aftermarket,” said Peter Butterfield, CEO
Melling Tool Co. Acquires Dana
MellingTool Co. this week completed the purchase of Wop Industria e Comerciode Bombas ltda, (WOP) a subsidiary of Dana Industrias Ltda, theBrazilian arm of Dana Corp. based in Toledo, OH. WOPengineers and manufactures oil and water pumps for the Brazilianautomotive original equipment market. The facility is located in thecity of Diadema, State of Sao Paulo,
Alapont To Remain As Federal-Mogul CEO Following Bankruptcy
Federal-Mogul Corp. CEO Josè Maria Alapont says he will remain with the supplier for the long term after its exit from more than six years of bankruptcy protection on Dec. 27. Alapont has been CEO of the company since March 2005. It filed for bankruptcy protection amid a number of asbestos lawsuits in October 2001.
Executive Interview with Michael Tate, General Manager, MAHLE Clevite Inc.
From aftermarketNews.com In September, Michael Tate joined MAHLE Clevite as general manager. He brings 26 years of aftermarket experience to MAHLE Clevite, most recently with SPX Service Solutions. In addition to SPX, Tate held a variety of sales management positions with such companies as Parker Automotive, Dorman Products and Phillips & Temro Industries. As GM
Coretalk: PROFormance Acquires Automotive Remanufacturers de M
The acquired company was previously a business segment of Recon Automotive Remanufacturers and was part of a sale of Recon’s assets to PROFormance. The acquisition provides PROFormance expanded production capacity, a broadened product offering and entry into the Mexican and Central American markets for remanufactured automobile engines. “PROFormance continues to grow its remanufactured engine business.
Coretalk: Key Industry Speakers Slated For PERA’s Chicago Convention
Yastrow and Som will discuss “Current Issues in Employment-Related U.S. Immigration Law: I-9 Compliance, Visa Updates.” In addition to addressing hot topics and compliance tips, they will provide answers to your specific questions.Bob McKenna, President/CEO of Motor & Equipment Manufacturers Association (MEMA) and Past President of NAPA, will be speaking on “Motor Vehicle Parts Suppliers
Coretalk: Pro Motor Engine Team Sets Clevite Showdown Record To Win Finals
>Borem and Hoffman, who had an engine-build time of 16 minutes and 25 seconds, with no penalties, went head-to-head with Hendrick Motorsports’ Kevin Webber and Scott Vester, who finished second with a build time of 17 minutes and 47 seconds with no penalties. For their efforts (the third fastest build time overall), Webber and Vester
Dynamometers and Dyno Operating Systems
The data collected while an engine is running on a dyno can be analyzed to maximize the power gains from various modifications (changes in the fuel mixture, ignition timing, valve timing, compression, the induction system, exhaust system, etc.). Performance engine builders use dynos to measure horsepower and torque so they can optimize engine performance. By
Coretalk: Clements Racing Engines Receives First PBM Engine Builder Award
PBM’s Kevin Harrison made the presentation at the Speedway Club at Lowe’s Motor Speedway during the series’ 2006 Awards Banquet. Clements Racing Engines led the series with 10 victories on the season. Among the drivers visiting victory lane with Clements power under the hood were Ricky Weeks, Jack Pennington, Noel Tucker, Royce Bray, Ed Basey
Coretalk: MAHLE Group to Acquire Dana Corp’s Engine Hard Parts Business Units
The agreement includes the acquisition of all worldwide units of Dana’s engine hard parts business by MAHLE, including the Clevite aftermarket organization. In connection with the transaction, the parties will enter into ancillary agreements including an agreement granting MAHLE exclusive distribution rights to Dana’s retained Victor Reinz branded products in the independent aftermarket in the
Coretalk: New Brochure, Poster And Web Site Promote The Benefits of ‘Repowering’
Limited quantities of the “Serious Engine Trouble?” brochure are available to industry professionals by contacting ERC at [email protected]. “The new brochure encourages motorists to talk with their automotive technician and consider all of their options when faced with major engine trouble,” said ERC Chairman Tom Schrader. “Often times, choosing to repower the current engine is
Coretalk: Consolidated Mfg. Cuts Staff, Shifts Focus Away From Remanufacturing
During a plantwide meeting in late February, company officials told 100 workers their jobs were eliminated. The company retained 20 employees for 30 to 60 days to handle the transition, said Greg Gordon, company president. Consolidated will retain 18 employees. The company, founded in 1940 and one of the nation’s first Ford Motor Co. engine
Ward’s Auto World Names 12th Annual ‘Top 10 Best Engines’
Ward’s Auto World Names Twelfth Annual ‘Top 10 Best Engines’ The winners of “Ward’s 10 Best Engines” awards for 2006 demonstrate U.S. auto consumers still can have it all: many of the winning engines highlight sophisticated new technology that generates exhilarating performance – but also improves fuel economy. The 2006 list marks the 12th year
Coretalk: IMCA Engine Claims Top 400 Through Late Season
A total of 402 claims were made through late September, including 149 in the Modified division, 113 in the Stock Car class and 136 in the Hobby Stocks. There were also two claims in the Sprint Car division and one each in the Northern SportMod and Jeff’s Performance Southern SportMod classes. Claims so far in
Coretalk: PERA Promotes Profit At Tech/Marketing Meeting
The following is the agenda for the meeting: Friday, April 29 7:00 – 10:00 a.m. – Registration. 7:00 – 8:00 a.m. – PERA Continental Breakfast. 8:00 a.m. – Opening Remarks & Introductions. 8:15 a.m. – “Performance Market,” Scooter Brothers of Comp Cams. 9:00 a.m. – “Performance Market,” Ed Keibler. 9:45 a.m. – Refreshment Break. 10:00
Coretalk: AERA EXPO 2005 Set For Las Vegas Hilton In April
The EXPO will showcase leading edge technology with live, operating demonstrations of equipment, tools, supplies, parts and services. Exhibits will be open on Thursday, April 28, from 10:30 am-6 pm; Friday, April 29, from 10:30 am- 6:30 pm; and Saturday, April 30, from 10:30 am- 2:30 pm. EXPO will include a keynote address from NASCAR
What’s Hot In Performance – Cams, Lifters & Rockers
The camshaft is really the heart of every performance engine because the cam defines the engine’s breathing potential, its torque curve and peak horsepower. The camshaft controls when the valves open, how quickly they open, how far they open (with some help from the rocker arms), how long the valves are held open, and when