Fast Lane: A Web Site Can Add To Your Business Bottom Line
Hopefully everyone out there is familiar with the Internet. While there are some things about the Internet that most of us would rather not deal with, the value it has provided far outweighs any bad. A Web site is also the most cost-effective advertising you can do. As a journalist, the Internet is the first
Coretalk: Seeking Industry Growth, PERA Names Boland New Executive Director
“We will help grow this industry,” said Ray Fink, PERA President, “and that means nos more business as usual. The time for change is now.” Boland brings an extensive background in successful association restructuring and will be responsible for all business management functions of PERA in order to meet the needs of the association’s members.
PERA’S Core Corner: A Picture Is Worth A Thousand Words; Real Money, Too
After attending the 2006 PERA Spring Tech Program in Dallas, TX, at the end of March, I came back with information that must be shared with everyone. Imagine being able to have something that will provide you a thousand times the return every time that you use it? Do you think that you could get
Shop Financials: When It Comes To Marketing, Does More Mean MORE?
Hopefully, my last “Shop Financials” column left you with the idea of maintaining “balanced” growth in your company. This column will focus on one of the 7 key areas I mentioned including marketing your company, products and services. It’s important to start with the basics. The first question to ask yourself is: Are we successful
Coretalk: Recon Automotive Founder Armand J. Mancini Dies
He leaves behind his wife of 42 years, Carole, and three sons and a daughter – Armand, Vincent, Daniel and Carrie Mancini Young. He is also survived by three brothers, a sister and six grandchildren. Mancini was an icon of the automotive remanufacturing industry, having founded Recon in 1973 and building it into one of
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
Engine Balancing Traditional and Niche Market Opportunities, John Witt
Like many segments of the auto market, automotive machine shops have seen technology changes, changes in marketing/distribution channels (crate motors, for example) and the consolidation of shops. Staying competitive and profitable can be a daily challenge. The selection of services you offer and the direction in which you grow your business has never been more
Waste Minimization: Ways To Reduce, And Even Eliminate, Hazardous Wastes From Your Cleaning Process
Managing your shop’s wastes shouldn’t be hazardous to your business.Although there is a lot involved with managing wastes from cleaningoperations including operating costs to disposal requirements,the good news for rebuilders is that there are ways to reduce,and even eliminate, hazardous wastes from your cleaning process. According to the Environmental Protection Agency (EPA), materialsand wastes of
Can We Expand Demand: There Is A Better Alternative To Buying Or Leasing A New Or Used Car
Can the engine rebuilding industry increase the size of the marketfor replacement remanufactured engines over the next several years?Can engine rebuilders and their parts and equipment suppliersexpand consumer awareness about a rebuilt engine being a preferredalternative to buying or leasing a new car or truck, or installinga used engine? Chuck Barnett, president of Dura-Bond Bearing
Power Steering Pumps and Gearboxes
In today’s increasingly competitive marketplacethe quest for additional profits is of paramount importance notonly for continued growth and success, but for the survival ofthe company itself. This is particularly true for undercarriagespecialists such as CV axle and rack-and-pinion rebuilders. Niche market diversification can accomplisheconomic and strategic objectives that will not only improve the"profitable" cash flow
Engines Market: Total Engine Production Generated By Manufacturers In The U.S. And Canada Increased in 1996
Annual production of remanufactured enginesclimbed from 1.32 million in 1995 to 1.57 million during 1996– an increase of about 19.4%. Engine production figures are based on a universe of 120 U.S.and Canadian rebuilders that rebuilt an average of 13,113 short,long and complete engines each last year. Survey results werecompiled from a detailed questionnaire mailed to
Cv Shafts Market: Cv Axle Rebuilding Business: There’s Definitely More Competition
When Dan Levine, president of Southland Clutch, Inc., in National City, CA, started his rebuilt axle operation three years ago, it seemed like a win/win situation. The projected growth of front-wheel-drive vehicles and the number of vehicles nearing service age were good reasons to pursue this market. Plus, his initial start-up costs were minimal since
Clutch Market: Passenger Car And Light Truck Clutches
Optimism isn’t exactly running high these daysamong clutch rebuilders and their component parts suppliers, particularlywith respect to passenger car and light truck clutches. The marketis being squeezed on one side by an influx of new clutches fromoffshore suppliers, and on the other side by price pressures andtoo much competition. You might say it’s a gripping
Rebuilt Market Reviews – Cores Market: The Perfect Example Of Supply And Demand
In some businesses, the classic law of supply and demand is hard to identify. But that’s not the case in the core business. “The core market is the perfect example of supply and demand,” comments John Lathan, plant engineer at The Hastings Co., a rebuilder in King, NC. “When one company is looking for a
Rebuilt Market Reviews – Clutches Market: New Rules And A Changing Field Of Players.
Anybody who’s in the clutch rebuilding business today knows that it’s an entirely different ball game, one with new rules and a changing field of players. A proliferation of new passenger car and light truck clutches in recent years, plus an influx of low-cost new clutches from offshore manufacturers, has driven the cost of new
Babcox Media Appoints Greg Jones as Editor of Engine Builder Magazine
Babcox Media, Inc. has announced that Greg Jones has been appointed Editor of the Engine Builder brand.
Minneapolis, MN Selected As Site of Fall 2010 PERA Convention
Minneapolis has been selected as the site of the 2010 Production Engine Remanufacturers Association Annual Convention. The convention, to be held Sept. 15-18, will include technical seminars, business and marketing presentations and at least two tours of local remanufacturing facilities. The Association’s annual Golf Outing will be held on Wednesday, Sept. 15 with an opening
Lane Parts Co.: Many Rebuilders Are In A State Of Transition
It seems that many rebuilders are in a state of transition. Whether it’s due to changing ownership, technology, products or markets, almost all machine shops and engine rebuilders are facing increasing competition in an increasingly consolidated market. Lane Parts Co., Eugene, OR, Automotive Rebuilder’s 1996 Machine Shop of the Year, is no exception. This Northwest
McLaren Racing’s Zak Brown to Receive IMRRC’s Cameron R. Argetsinger Award
Zak Brown, CEO of McLaren Racing, will receive the 10th annual IMRRC Cameron R. Argetsinger Award at a gala presented by Sahlen’s, NASCAR, Watkins Glen International and IMSA, on Thursday, September 12, 2024. The dinner and presentation will be held prior to the running of the NASCAR Go Bowling at The Glen event, September 11-15,
SEMA Announces 2024 Hall of Fame Inductees
SEMA’s newest Hall of Fame members are Chris Kersting, Jack Priegel, Les Rudd, and Jon Wyly.