January 2014: In this issue ...
On October 22, 2013, B & R Auto Wrecking (www.autowrecking.com) acquired nearly nine acres in Boring, Ore., just outside Portland. Formally Classic U Pull It U Save, this facility becomes B&R’s 6th location in Oregon, and is the 13th location in the family across Oregon, Nevada and Washington. B&R Auto Wrecking carries late model foreign and domestic, auto and truck parts.
“This acquisition adds a vast amount of inventory to the Portland and surrounding markets, “said Brian Perlenfein, Senior Business Advisor for B & R Auto Wrecking. “We want to have product for our customers and this gives us the opportunity to do so in a substantial way. Our team is excited to grow and continue to be an important part to our industry.”
B & R Auto Wrecking will turn the existing self-service facility into a full-service auto recycling facility and employ between 20 - 25 team members. This location will also connect with the company’s transit system, spanning into Northern California and North to the Canadian border. B & R Auto Wrecking buys most of its salvage from the major insurance auctions and uses Hollander’s Powerlink system to inventory between 50-100 parts per vehicle.
This newest store is located at 30545 SE Hwy. 212 and holds more than 1000 vehicles.
Metalico, Inc. has agreed to acquire the assets of Furlow’s North East Auto, Inc., an automotive salvage and parts provider in North East, Pa. Terms were not disclosed.
The transaction includes Furlow’s junk car and parts inventory and real estate at 10224 West Main Road in North East, located in northwestern Pennsylvania near Erie. The site will be operated by Metalico’s Goodman Services, Inc. subsidiary based in Bradford. Furlow’s President Tim Furlow will stay on with Metalico.
Metalico plans to grow the facility’s salvage car buying capabilities and continue its “pick-and-pull” auto parts business while taking advantage of additional access to scrap metal to feed its shredder in Buffalo, New York. Metalico is also aggressively looking at other properties in the auto salvage industry in Western New York and northwestern Pennsylvania to support its shredding operations.
Metalico, Inc. is a holding company with operations in Ferrous and Non-Ferrous Scrap Metal Recycling and Fabrication of Lead-Based Products. The Company operates scrap recycling and lead fabricating facilities in New York, Pennsylvania, Ohio, West Virginia, New Jersey, Texas, Mississippi, Alabama, Illinois, and California. Metalico’s common stock is traded on the NYSE MKT under the symbol MEA.
The Automotive Recyclers Association (ARA) announced that eBay, Inc. has joined the association as an associate member. With more than 124 million users globally, eBay is one of the world’s largest online marketplaces. eBay Motors is the Internet’s largest marketplace for buying and selling all things automotive. Nearly 4.5 million new and used vehicles have sold on eBay Motors, and there are more than 22 million automotive parts and accessories available on eBay Motors at any given time.
“We are pleased that eBay has joined the ARA,” said ARA CEO Michael E. Wilson. “For years, professional automotive recyclers have utilized the global presence of eBay and eBay Motors to increase sales of recycled OEM automotive parts in today’s ever expanding automotive parts marketplace. We look forward to working closer with eBay and other industry partners on initiatives that open even more markets for our 4,500 members to sell quality, recycled OEM parts to consumers around the world.”
ARA strives to provide its members with the necessary training, tools and techniques to compete in the competitive automotive marketplace. Inclusion of OEM recycled automotive parts in the online market is crucial to the continued success and growth of the professional automotive recycling industry.
“We recognize the value of ARA standards and protocols and their role in facilitating electronic commerce,” said eBay Program Manager Mary Hubbard. “These programs can help quantify a level of performance that automotive consumers and the repair community can expect. We are excited to officially join the ARA and be part of an organization whose members deliver such high quality, recycled OEM parts -- parts that provide eBay Motors users a positive experience.”
The auto recycling industry is mourning the death Ed Lacy, owner and manager of Lacy Auto Parts, Inc. in Charles City, Va.
“It is with sadness that we report the passing of past ARA Board member and industry leader Ed Lacey,” an ARA press release stated.
Lacy owned the auto recycling business for 40 years. He died on December 29, 2013.
Lacy was a valued board member of ARA and in various volunteer roles for other national automotive recycling organizations, including United Recyclers Group (URG) and Team Preferred Recycled Parts (PRP).
There is an online Guestbook where those who knew Lacy can leave a personal message. Visit http://www.blileyfuneralhomes.com/obituary/Edward-J.-Lacy/Richmond-VA/1327502 and follow the online directions.
January 29, 2014: Listings for The Locator Magazine.
February 3, 2014: Display ads for The Locator Magazine.
February 6, 2014: The Locator Magazine goes to press.