CAR-MS QRP expands, launches online parts locator
Brampton, Ontario — December 16, 2015 — CAR-MS QRP is expanding again, this time in Ontario. The network of professional automotive recyclers also recently announced new members in Atlantic Canada, greatly expanding the network’s coverage. The new facility in Ontario is the second location of Hotch’s Auto Parts, located in Bowmanville. Pat Ryan of CAR-MS […]
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 […]
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 […]
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 […]
Greg Woodbeck joins OARA Board of Directors
London, Ontario — August 26, 2015 — Greg Woodbeck of Woodbeck Auto Parts in Stirling, Ontario has been appointed to the Ontario Automotive Recyclers Association (OARA) Board of Directors. A vacancy in the Board occurred when Don Fraser of AADCO Auto Parts stepped down earlier this month. “I would like to welcome Greg to the OARA […]
CAR-MS QRP partners with Monidex to increase offering
By Mike Davey Toronto, Ontario — August 18, 2015 — CAR-MS QRP Group of Recyclers has announced the signing of Monidex Distribution as the newest member of the CAR-MS QRP Group. A statement from CAR-MS QRP says that as a leading importer and wholesaler of automotive aftermarket sheet metal and mechanical parts, Monidex is a perfect fit. Pat Ryan, […]
Fenix reports numbers, hints at acquisitions
By Jeff Sanford Toronto, Ontario — August 5, 2015 — New publicly-traded recycler, Fenix Parts, has held one of its first public conference calls. The company previously reported financial results for the holding company, Fenix Parts, as well as the financial statements for some of its founding companies. Today’s release updated the financials for the […]
Automotive recyclers are not junkyards
Baton Rouge, Louisiana — September 17, 2014 — Louisiana Attorney General James D. “Buddy” Caldwell filed a lawsuit in August charging that State Farm is illegally forcing collision repair facilities in that state to install unsafe parts on vehicles that endanger consumers. “State Farm has created a culture of unsafe business practices in which consumer […]
