Truck Parts and Service | Heavy Duty Trucking, Aftermarket, Service Info
Issue link: http://read.dmtmag.com/i/553583
8 Industry Focus T R U C K P A R T S & S E R V I C E | A u g u s t 2 0 1 5 Aug. 26-27 Commercial Vehicle Outlook Conference, Dallas Aug. 27-29 Great American Trucking Show, Dallas Sept. 12-16 CVSN Aftermarket Distribution Summit, Newport, R.I. Sept. 21-24 TMC Fall Meeting & SuperTech Competition, Orlando Oct. 18-23 VIPAR Heavy Duty Annual Business Conference, San Antonio Truck Parts & Service Calendar Event information can be submitted at: www.truckpartsandservice.com/story-ideas/ Devin Hart has joined The Marx Group as the fi rm's new president and co- CEO. Tom Kenny has been named Yokohama Tire Corporation's (YTC) director of technical service. Don Sturdivant has been appointed CEO at FleetPride. Joseph Lehman has retired from Donaldson Company. He has been replaced as vice president, Global Operations, by Richard B. Lewis. Mike Postma has been named president Webb Wheel Products' OEM business. DTNA has appointed Eileen Frack as general manager of Human Resources. Link Manufacturing has appointed Tom Perez to North American fi eld sales manager. Fleetline has hired Kevin Freson as aftermarket sales manager. Former Daimler Trucks head Andreas Renschler has been named Chairman at Scania AB. Aaron Lay has been promoted to director of sales at Agility Fuel Systems. Derek Losh has joined Talbert Manufacturing as its new Great Lakes-area sales manager. Truck Bodies and Equipment International, Inc. (TBEI) has named Ray Salley as general manager of its Ox Bodies business, and has promoted Jeff Duchscher to Salley's previous position of general manager at Rugby Manufacturing. Dana's Board of Directors has named James K. Kamsickas as president and CEO. People In The News Hart Freson Sturdivant Losh Rassini, a Mexican industrial company, has expanded its suspension offerings to include leaf springs for the North American heavy-duty truck market. Previously only serving South Amer- ica's heavy-duty truck industry, Rassini anticipates doubling its NA market share within the segment by 2018. "With extensive experience in the light-truck market throughout North America and the heavy-duty truck mar- ket in South America, we have worked hard to become an engineering leader in providing quality products and award-winning technology. Entering the commercial truck market in North America was a natural progression for us and we are already experiencing early success," says Eugenio Madero, president of Rassini, S.A.B. de C.V. Rassini Entering Heavy-Duty Market Milwaukee Tool Enhances U.S. Manufacturing Milwaukee Tool has announced an expan- sion of its operations in Greenwood, Miss. This, along with other investments to Milwaukee Tool facilities in the state, represents a $35 million investment in Milwaukee's U.S. manufacturing opera- tions over the last four years. Milwaukee Tool has locations in Greenwood, Olive Branch and Jackson. "Milwaukee Tool is dedicated to driving growth and creating new jobs in the United States," says Milwaukee Tool Group President Steve Richman. BorgWarner Acquiring Remy Remy International, Inc. is set to be ac- quired by BorgWarner Inc. in a $1.2 bil- lion deal the companies have announced. "We are confi dent our customers and channel partners will benefi t from the strategic fi t, as it brings together two long-standing industry leaders," says Jay Pittas, Remy president and CEO. Under the terms of the agreement, BorgWarner will acquire all of the outstanding shares of Remy for $29.50 per share in cash, which implies an enter- prise value of Remy of approximately $1.2 billion. The transaction is expected to close in the fourth quarter of 2015.