Under the hood: Inside the numbers at Fenix Parts
By Jeff Sanford Toronto, Ontario — November 24, 2015 — Newly minted publicly-traded recycling conglomerate Fenix Parts has been having a bit of a time convincing investors to get into the stock. The company went public in May at $11 a share. But over the past several months the price of shares has swooned, settling […]
Fenix Parts announces Q3 results
By Jeff Sanford Westchester, Illinois — November 18, 2015 — Fenix Parts announced its third quarter results this week. The relatively new auto recycling conglomerate continues to iron out some of the challenges related to the merger that created Fenix, while dealing with a remarkably low price for scrap steel. The company reported that revenues […]
Ontario to consult on updating end-of-life vehicle processing standards
By Mike Davey Toronto, Ontario — November 11, 2015 — The Ontario Ministry of Environment & Climate Change have recently posted updates to the Environmental Bill of Rights (EBR) and announced a second consultation proposal regarding standards for end-of-life vehicle (ELV) processors. It’s common knowledge in the recycling industry that some ELV processing facilities adhere […]
Solera integrates parts procurement solutions to form InPart
Westlake, Texas — November 11, 2015 — Solera Holdings has announced the integration of its parts procurement solutions, including Distribution Service Technologies (“DST”) and APU Solutions (“APU”), to form InPart. Through InPart, Solera will enable online parts procurement from the industry’s largest network of suppliers directly within the existing systems and workflow of collision and […]
ARA pulls out the stops for 72nd annual convention
By Mike Davey Charlotte, North Carolina — October 14, 2105 — The annual Convention & Exposition of the Automotive Recyclers Association (ARA) is easily one of the biggest events on the auto recycling calendar, drawing together professionals from all across Canada and the US. This year’s convention, the organization’s 72nd, took place in Charlotte, North Carolina […]
Carcone’s Auto Recycling receives two honours at ARA Convention
By Mike Davey Charlotte, North Carolina — October 12, 2015 — Congratulations go out to Michael and Carolyn Carcone for their big win at the Automotive Recyclers Assocation (ARA) Annual Convention & Exposition, taking home two prestigious awards. The ARA event took place in Charlotte, North Carolina from October 7 to 10. Owners of Carcone’s […]
Registration opens for CARS 2016
Toronto, Ontario — September 30, 2015 — The Complete Auto Recycling and Secondary Materials (CARS) trade show takes place July 13 and 14, 2016 at Donington Park Circuit in Derby, UK. With the 2014 event attracting over 75 exhibitors and more than 1,200 attendees from 25 countries including Canada, India, Japan, Germany, USA and Australia, […]
Reid’s Automotive Recycling now Climate Smart certified
By Mike Davey Burnaby, British Columbia — September 16, 2015 — Reid’s Automotive Recycling has announced it is now Climate Smart certified. The business has often been on the cutting edge of environmental protection efforts, and the Climate Smart certification displays this progressive attitude. Reid’s Automotive Recycling is located in Burnaby, British Columbia, and is […]
Don Fraser of AADCO Auto Parts honoured by Brampton Fire Services
Brampton, Ontario — September 16, 2015 — Don Fraser was recently thanked by Brampton Fire and Emergency Services for helping to keep residents safe. Until his recent retirement, Fraser owned AADCO Auto Parts in Brampton. Over the last few years he frequently opened his yard to be used as a training area for firefighters, as […]
Barge full of crushed cars tips in Victoria harbour
By Jeff Sanford Victoria, British Columbia — August 31, 2015 — A barge loaded with several hundred crushed cars tilted Friday afternoon, spilling twenty vehicles into Victoria’s inner harbour. The recycled vehicles are owned by US recycler Schnitzer Steel, which operates steel recycling and auto parts recovery operations across Canada and the United States. The […]
