Parts distributor Beck/Arnley sold
ANN ARBOR, Mich.-Affinia Group Inc. has sold its Beck/Arnley Worldparts Corp. subsidiary to Heritage Equity Group Inc., a privately held firm funded by private investors and Beck/Arnley management.
Terry McCormack, Affinia's president/CEO, called the move beneficial to both his firm and Beck/Arnley, a distributor of aftermarket automotive parts. ``Affinia's customers, investors and associates will be better served through focus on our primary lines, brakes, chassis and filtration, which we manufacture and market,'' he said.
Beck/Arnley's business made it different from the rest of Affinia, Mr. McCormack continued. ``With the Wix, Raybestos and Spicer brands, we are manufacturers and marketers of vertical product lines. Beck/Arnley buys and sells a horizontal package of import parts that cuts across many product categories. It's a fundamental difference, and it creates different needs that are better served separately.''
Max Dull, formerly vice president and general manager of the subsidiary, has become president and CEO of Beck/Arnley. He said the sale will allow the company to control its own destiny, allowing ``Beck/Arnley to be Beck/Arnley.'' Manny Angues, who served as controller of the subsidiary, is now vice president and CFO.
Mr. Angues said the company plans to ``grow the business by supplying replacement parts with the same form, fit and function of the original parts. This is an absolute necessity to compete in the growing market for import replacement products.''
Beck/Arnley will maintain its master distribution center and headquarters in Smyrna, Tenn., as well as its network of six branch locations around the country.
AAM hires former Sears lobbyist
WASHINGTON-The Alliance of Automobile Manufacturers has selected a former Sears, Roebuck and Co. lobbyist as its new vice president for state affairs.
Kenneth Gear, 38, who joined AAM in April, replaced Kris Kiser, who left the alliance early this year. Mr. Gear was Sears' top lobbyist and also has worked for the Retailers Association of Massachusetts and for the Massachusetts legislature.
The International Automotive Technicians' Network (iATN) is marking its 10-year anniversary in July.
The Brea, Calif.-based group has grown from a 50-member e-mail group into an extensive online technical resource with a global membership of more than 45,000 auto service techs.
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Genuine Parts Co. said it will co-market Delphi Corp.'s Smart Service System diagnostic solutions and advanced diagnostic products to NAPA AutoCare Centers and other repair facilities.