Ferro Reports Fourth Quarter and Full Year 2019 Results
Tile Coatings Systems moved to Discontinued Operations following agreement to sell Fourth Quarter Continuing Operations *: Net Sales declined 7.7% to $245.9M Gross Profit of $75.3M, Gross Profit Margin of 30.6% Adjusted Gross Profit Margin of 31.0% GAAP diluted EPS of $(0.03), Adjusted EPS of $0.17 Net Loss1 of $2.2M Adjusted EBITDA of $37.4M, Adjusted […]
Utility Congratulates Penske’s Mike Hasinec as this Year’s Recipient of CCJ’s Technology and Maintenance Career Leadership Award
CITY OF INDUSTRY, Calif.–(BUSINESS WIRE)–#aerodynamics—Utility Trailer Manufacturing Co., the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtainsided trailers is proud to congratulate Mike Hasinec, Penske’s Vice President of Maintenance as the recipient of this year’s Commercial Carrier Journal (CCJ) Magazine’s Technology and Maintenance Career Leadership […]
Stellar Sprayer: LS400 SUPERNOVA from Anest Iwata
Toronto, Ontario — Anest Iwata’s LS400-HVLP Spray Gun (Supernova) was designed with the help of design firm Pininfarina–famously known as Ferrari’s go-to designer. According to a statement by Anest Iwata, the Supernova LS400-HVLP Spray Gun combines superior atomization control with production speed and ergonomics. Anest Iwata produces two distinct versions of the Supernova: the LS400 for […]
Measure Up: The Spanesi Touch Electronic Measuring System
Toronto, Ontario — The Spanesi Touch electronic measuring system is the measuring system for modern collision repair facilities. With its simple and intuitive interface, Spanesi says its Touch system can provide the ability to measure a vehicle on any lift, frame rack, bench or on the ground. According to the company, technicians can expertly diagnose […]
Autonomous Approach: Report suggests Ontario’s 407 ETR be transformed into AV testing route
Toronto, Ontario — The Toronto Region Board of Trade is recommending that Highway 407, an express toll route (ETR) in Ontario, be transformed into what it is calling “the AV Highway of the Americas,” a real-time testbed for vehicles equipped with autonomous technologies. The Board released a report entitled ‘Getting Ready for Autonomy: AVs for […]
International Investment: AI photo estimating company raises $25 million to enter new global markets
Toronto, Ontario — Tractable, an artificial intelligence photo estimating company, raised $25 million in a recent investment round led by Georgian Partners. The company will use the funds to enter new markets and for research and development on its estimating software. Tractable’s AI uses computer vision to appraise vehicle damage, with models trained on millions […]
In Case You Missed It: Collision Repair interviews industry leaders at CCIF Toronto
Toronto, Ontario — Are you keen to hear what industry professionals think about industry disruptions, outlooks and new products in 2020? Then Check out Collision Repair‘s exclusive interviews from the Canadian Collision Industry Forum in Toronto! Did you know that the latest digital issue of Collision Repair features exclusive video content from CCIF Toronto? We asked industry […]
Tuesday Ticker: March 3, 2020
Toronto, Ontario — In this week’s Tuesday Ticker, we cover global stock market meltdowns and how Canadian companies fared through it all. Market Meltdown Last week, stock markets around the world posted significant losses, with the Dow and the Nasdaq dropping almost four-and-a-half percent in on day, and close to 10 percent over recent peaks. Around […]
