ROL Manufacturing Files for Creditor Protection
ROLManufacturing has recently filed for creditor protection in Canada under the“Companies’ Creditors Arrangement Act.” The filing is also recognizedby the U.S. Courts. Commenting on the announcement, Julian Haller, president and CEO,said, “Certain factors related to economic pressure have driven us tothis decision. Our objective is to re-organize, emerge and strengthenour company. “A major contributor is
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
VW Planning Engine, Transmission Plant In North America
Volkswagen hopes to change its fortunes in the US as it announced plans to build a brand new plant in South Carolina, which is scheduled to begin operation in about three years. And to supply its factory, VW is going to build both an engine and a transmission plant somewhere in North America. Neither Canada
AETC Brings Great Minds Together for the Eighteenth Year
The Advanced Engineering Technology Conference (AETC) has long been known for bringing great minds together to listen to some of the performance industry’s most noteworthy speakers discuss cutting edge engineering technology. Over the years there have been many fascinating speakers who have divulged some of their secrets, and this year continued with the tradition. This
AA Midwest Breaks Ground For Chicago-Area Recycling Facility
AA Midwest, a division of AAEQ Manufacturers and Recyclers, recently broke ground on a new 80,000 sq. ft. facility in the south suburbs of Chicago. Located in Blue Island, IL, over 50,000 sq. ft. of the space will be dedicated to the expansion of the company’s automotive recycling business. Triad Construction of West Chicago, IL
Petty Enterprises Hires NASCAR Vet Finley As Technical Director
Petty Enterprises has hired NASCAR veteran Derrick Finley to fill the position of technical director for the racing team. Finley, 36, will oversee the full-time implementation of the Car of Tomorrow for the No. 43 Dodge, driven by 2000 Cup champion Bobby Labonte, and the No. 45 Dodge, driven by Kyle Petty. “Petty Enterprises is
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: Performance Marine Industry Expo To Launch In Las Vegas
The theme of the show is “Experience the Power, the Passion and the Performance.” Consumers will be able to see boats in action at Lake Mead, performance test new boats and test boats they purchased at the show. Performance Marine Industry Expo is the result of ConvExx, producer of the internationally acclaimed SEMA show, teaming
Coretalk: Chicago To Host PERA’s 62nd Annual Conference September 27-29, 2007
An assortment of professional and technical seminars will be held along with a wide range of social and networking opportunities for engine remanufacturers and their spouses. For more information on this event or to register for the convention, visit www.pera.org. Recon Launches Plan To Increase Availability and Reduce Delivery Times Recon Automotive Remanufacturers has announced
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
Coretalk: Maxiforce Makes List Of Top Minority-Owned Businesses In Miami
“It’s a fantastic honor to be distinguished among so many impressive minority-owned enterprises in this city,” said Santiago Morales, CEO of Maxiforce. “We have always strived to understand the needs of our customers in both the United States and around the world, and we believe these awards underscore the importance of such efforts.” Specializing in
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: House Approves Bill To Increase Ethanol Fueling Pumps At Gas Stations
At this time, only 800 gas stations have E-85 pumps installed, less than one percent of all gas stations. Automakers incur about $20 million in CAFE fines annually. Supporters hope this money could double the number of pumps available to dispense ethanol or other alternative fuel. The bill would provide grants of between $30,000 and
Coretalk: National Crankshaft Co. Becomes Newest EPWI Branch Warehouse
NCC joins other EPWI warehouses located in Denver, Phoenix, Albuquerque, Dallas, Oakland, Oklahoma City, Houston, San Antonio, Portland (OR), Tacoma and Anchorage. “EPWI is making enhancements to the programs and product lines currently offered, as well as adding many new product lines” according to Paul Van Woensel, president of EPWI. “NCC’s customer support programs are
AETC Wrap-Up: AETC A Hit In New Venue
It’s always great to get away from the blustery cold weather during the winter months, and even better if you can learn something new while you work on your tan. After 15 years in the same Colorado Springs, CO, location, the Advanced Engine Technology Conference (AETC) decided on a move to a much warmer climate
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: Tony Stewart Motorsports To Headline SME Show
Stewart’s personal race team, which is a passion for the versatile NASCAR, IndyCar and USAC champion, will be featured on the show floor on January 24-25 at the Performance Theater. “The competition level is so tight right now – any extra bit of speed or performance you can squeeze out of your car can be
Marine Engines: Setting a Course for Profits
There are hundreds of thousands of motorboats cruising the waterways and coasts of America. It’s easy to think the market for rebuilding engines for all those crafts might be a niche ripe for the picking. Some rebuilders estimate the size of the marine engine market to be fairly small, perhaps less than 130,000 engines per