Tuesday Ticker: Ton Buechner steps down as CEO of AkzoNobel
By Jeff Sanford Toronto, Ontario — July 24, 2017 — In this week’s edition of Tuesday Ticker we look at the recent resignation of AkzoNobel’s CEO Ton Buechner, the impact of rising prices for raw materials on PPG’s results, Sherwin-Williams’ first earnings report since the Valspar acquisition and much, much more! PPG The coatings manufacturer […]
PPG to release EC520 En-V High Production Clearcoat
Strongsville, Ohio — July 11, 2017 — PPG announced that it will soon launch its EC520 En-V High Production Clearcoat. According to PPG, this is a new innovative clearcoat designed specifically for use over Envirobase High Performance basecoat. PPG stated that the EC520 is formulated for application in all markets, including Canada, and the new […]
Tuesday Ticker: Elliot Advisors launches another suit against AkzoNobel
By Jeff Sanford Toronto, Ontario — July 10, 2017 — This week’s Tuesday Ticker looks at a new legal challenge launched against AkzoNobel by one of its own investors, stock in auto parts retailers melts down, Boyd and Assured close their deal and much, much more! AkzoNobel – Just when it seemed the AkzoNobel-PPG takeover […]
PPG launches PaintManager XI software
Strongsville, Ohio — June 27, 2017 — PPG has recently introduced its all-new PaintManager XI software, the latest addition to the company’s Color Solutions XI product line. PaintManager XI software joins the TouchMix XI computer and the RapidMatch XI spectrophotometer in the Color Solutions line. The PaintManager software program has been used in the automotive refinish […]
Tuesday Ticker: More consolidation in the jobber sector; Takata declares bankruptcy
By Jeff Sanford Toronto, Ontario — June 26, 2017 — This week’s Tuesday Ticker uncovers the Uni-Select/Carl Icahn connection, takes a look at jobber consolidation, digs into the emails exchanged between the Dutch government and AkzoNobel and much, much more! – David Roberts of Focus Automotive distributed some notes about “two significant private equity (PE) […]
VIDEO: PPG’s ‘Tip of the Technology Iceberg’ OEM panel session
Strongsville, Ohio — June 5, 2017 — The 2017 PPG MVP Conference featured a panel discussion in which representatives from Audi, Toyota, Mazda and Collision Diagnostic Services (asTech) discussed their positions on OEM repair procedures, system diagnostics and recalibration. The gathered experts take deep dive into the hundreds of onboard systems on today’s vehicles, any […]
Women’s Industry Network breaks record on conference attendance
By Josh White Denver, Colorado — May 29, 2017 — Since 2006, the Women’s Industry Network (WIN) has played an active role in involving women in the collision repair industry. Still growing, the not-for-profit organization continues to attract women to the industry and recognize women for their work within it. WIN’s mission is not just […]
Tuesday Ticker: Six investors will speak against AkzoNobel board; Boyd Group elects new trustees
By Jeff Sanford Toronto, Ontario — May 22, 2017 — This week’s Tuesday Ticker brings you the latest news on the attempted takeover of AkzoNobel by PPG, the election of new trustees at the Boyd Group, how investors may be worried about the effect of the Trump presidency on the US economy and much, much […]
PPG names Melanie Rice as National Business Development Manager
Mississauga, Ontario — May 17, 2017 — PPG has appointed Melanie Rice to the position of National Business Development Manager for the company’s automotive refinish business in Canada. The announcement was made by Norm Angrove, Director, Refinish Canada for PPG. Rice has been active in the paint industry since 1989 and joined PPG in July […]
Tuesday Ticker: AkzoNobel turns down PPG’s third bid and Uni-Select’s Q1 sales top $297 million
By Jeff Sanford Toronto, Ontario — May 8, 2017 — This week’s Tuesday Ticker looks at PPG’s latest offer for AkzoNobel, Uni-Select’s first quarter highlights including sales of $297.2 million and 17 new stores, AutoCanada’s acquisition of one of only three Mercedes-Benz collision centres in Quebec and much, much more! – AkzoNobel has turned down […]