Radiator service group re-launches 'friendly' Web site
MOUNT LAUREL, N.J.-The National Automotive Radiator Service Association (NARSA) has reintroduced its Web site after an extensive redesign to add more user-friendly features.
NARSA calls its www.narsa.org site the ``No. 1 online resource for the heat transfer and engine cooling industry.'' Highlights of the makeover include:
* ``Ask a pro''-Giving consumers a way to e-mail NARSA professionals with service and repair questions;
* Membership information and applications for shop and associate (manufacturing) members;
* Subscription form and advertising information for the Automotive Cooling Journal, the monthly publication serving the heat transfer industry for nearly 50 years;
* Highlights from the journal for the current month;
* Board of directors and committee members contact information page;
* A members-only section including links to member benefits, copies of recent eNews e-mail bulletins, member surveys, other NARSA publications like Radiator Reporter and a board information-only page;
* New simplified member search;
* Comprehensive industry calendar of events; and
* An updated searchable library of technical and industry articles.
NARSA said additional features are still in the works including a Heavy Duty Certification Program resource center and opportunities for Web advertising.
The non-profit trade association, based in Mount Laurel, provides educational, technical, safety and marketing programs for individuals in the engine cooling and heat transfer industry. The group comprises 1,500 radiator specialists, manufacturers and suppliers in 42 countries.
Delphi sells global battery business to Johnson Controls
TROY, Mich.-Delphi Corp. has sold its battery product line to Johnson Controls Inc. for $202.5 million.
Troy-based Delphi said the sale, which excluded two U.S. operations, is part of its portfolio-restructuring plan. Included in the sale are Delphi's global starting, lighting and ignition lead-acid battery operations, including joint venture interests. The deal also encompasses tools, inventory, equipment, intellectual property and brand names associated with the battery product lines. The business generated about $600 million annually globally; 2,700 employees will transfer to Johnson Controls.
The acquisition enables Johnson Controls to participate in the rapidly-growing Asian automotive battery market, particularly in China, the Milwaukee-based company said.
Delphi manufactures batteries in two U.S. plants, in Fitzgerald, Ga., and New Brunswick, N.J., three international plants and three joint ventures.
Delphi's interest in its global plants were transitioned to Johnson Controls June 30 except for the U.S. operations. However, Delphi said Johnson Controls is expected later to purchase the New Brunswick plant pending agreement between the two companies and the labor unions. The Fitzgerald plant is expected to stay under Delphi's control but change to a new product line at the end of this transition period.
Federal-Mogul reports sales gains, net loss
SOUTHFIELD, Mich.-Though it posted near 6-percent gains in net sales for the second quarter and the first half of the year, Federal-Mogul Corp.'s net loss deepened in part from rising raw materials and pension costs.
The Southfield-based automotive supplier posted net sales in the quarter of $1.67 billion, up 6 percent from $1.57 billion last year. For the year-to-date, the company's sales increased 5.8 percent to $3.3 billion vs. $3.12 billion last year.
But Federal-Mogul's net loss deepened to $11.6 million in the quarter from a loss of $9 million in 2004. So far this year, the company reported a loss of $59.9 million, similarly worsened from a loss of $29.4 million the prior period.
The company's income from continuing operations before income taxes fell to a gain of $13 million from $14.6 million for the quarter and to a loss of $8.7 million from $15.4 million for the half.
``While our second quarter earnings reflect an improvement over our first quarter results, several challenging industrywide issues, such as escalating raw material and pension costs, continue to impact our financial performance,'' said Jose Maria Alapont, chairman, president and CEO. ``We are committed to mitigating the impact of these issues on our business by focusing on strategies for driving global profitable growth.''