Search Results for fras-le

Randon reported a positive result for Q1 2023

Randon Expands North American Presence

Source: Randon Companies announcement CAXIAS DO SUL, BRAZIL — Randon Companies has announced the expansion of Trailers Vertical into a new market, the United States. Through Randon Implementos, the company seeks to enhance its internationalization strategy, investing in new businesses…

FMSI recently elected its 2022/23 Board of Directors

FMSI Elects Directors at Annual Meeting

Source: FMSI announcement AUBURN HILLS, Mich. – The FMSI held its annual active-members meeting June 5th in Naples, Fla., following the 2022 Brake Weekend program, both held in Naples, Fla. The active members elected the following individuals for two-year terms…

Mintex is donating brake-training aids to a school

Mintex Donates Brake Training Aids

Source: TMD Friction announcement HARTLEPOOL, U.K. — Braking friction specialist TMD Friction has donated braking training aids through its renowned Mintex brand to Reddish Hall School in Stockport, a school for pupils aged 5-18 with complex educational needs. Reddish Hall…

Malaysia contemplating mandating motorcycle ABS

Malaysia Contemplating Mandatory Motorcycle ABS

PETALING JAYA, Malaysia – The Malaysian government is contemplating mandatory anti-lock braking systems (ABS) for motorcycles above 1500cc sold in that country, according to numerous international media reports. Malaysian Transport Minister Datuk Seri Dr Wee Ka Siong said on Tuesday…

ADVIK Hi-Tech signed a deal to build electric vacuum pumps under license

ADVIK, Entecnia Partner on Electric Vacuum Pumps

Source: Advik announcement PUNE, India — ADVIK Hi-Tech, a leading global automotive component manufacturer, announced a new exclusive technology licensing agreement with Entecnia S.L.U., Spain for electric vacuum pumps for passenger car braking systems. With Entecnia’s patented technology in electric…

BRAKEDOWN Fras-le Award

BRAKEDOWN – December 17, 2021

BRAKEDOWN: an ongoing collection of briefs from around the global braking industry Fras-le North America received the Alabama Small Business of the Year Award for 51- 100 Employees. This award recognizes Alabama’s leading small businesses and the positive impacts they…

FMSI recently elected its 2022/23 Board of Directors

Board Elected at FMSI Annual Meeting

Source: FMSI announcement NAPLES, Fla. — FMSI held its annual Brake Weekend general session and active members meeting October 4th in Naples, Florida, where the active members elected the 2021/2022 board. The new group is: Bill Murray Chairman (NUCAP)Mark Phipps…

Fremax, a Fras-le company, recently earned international environmental management certification

Fremax Achieves Environmental Certification

Source: Fras-le announcement JOINVILLE, Brazil — Fremax, a Fras-le companies, obtained the international ISO 14.001:2015 certification in Environmental Management Systems. Thus, the company qualifies its industrial management processes, seeking continuous improvement with sustainability. With a 25,000- square-foot manufacturing facility in…

Randon Implementos and JAP are partnering in Kenya on a CKD plant

JAP Group, Randon Implementos Partner in Kenya

Source: Randon Implementos announcement CAXIAS DO SUL, Brazil – Randon Implementos signed a strategic partnership with JAP Africa, a subsidiary of Portuguese conglomerate JAP, for the implementation of a CKD (Completely Knocked Down) assembly unit in Kenya. In the Kenyan…

Randon Companies reported 20 percent revenue increase when compared to 2019

Revenue up 6.5 Percent for Randon Companies

Source: Randon Companies announcement RIO GRANDE DO SUL, Brazil — In 2020, Randon Companies saw an increase in their consolidated net revenue, reaching BRL 5.4 billion, 6.5 percent higher than 2019 revenues. Gross revenues increased 5.6 percent in 2020 when…

Randon launches CTR Innovation Lab

Source: Fras-le announcement FARROUPILHA, Brazil – A space for development and experimentation to support the demands of Randon Companies and their partners in the search for innovative product solutions – this is the concept of the CTR Innovation Lab, the…

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Automotive Friction Materials Market Through 2023

Source: The Finance Express The Garner Insights research report on Global Automotive Friction Materials Market between now and 2023 includes a market overview and definitions, segmentation, applications, raw materials used, product specifications, cost structures, manufacturing processes. The report analyzes the…

Brakes

U.K. Motorists Offered Free Brakes For Life. What?

Source: U.K. Express LONDON, U.K.–British motorists are being offered free ‘brakes for life’ under a new deal which could reportedly save them up to £1,600 in their lifetime. Halfords Autocentres is offering its ‘Brakes4Life’ lifetime guarantee which will see the…

Randon Confirms Daniel Randon As CEO

DETROIT, Mich.–The Board of Directors (CA) of Randon Companies elected Daniel Randon as the company’s President/CEO, succeeding David Randon, who held the position since 2009, His nomination – made by the controlling shareholder – being therefore confirmed. Up to now,…

Randon S.A. taps Daniel Randon As Next CEO

SAN PAOLO, Brazil–Randon S.A., the largest manufacturer of trailers and semi-trailers in Latin America and among the ten largest manufacturers in its field in the world, said its board of directors has tapped Vice President Daniel Raul Randon as its…

GBSC

GBSC Announces Three New Members

JANUARY 22, 2019 The Global Brake Safety Council’s membership and influence continue to grow as is evidenced by the simultaneous introduction of its three newest members. The GBSC’s current Chairman, Scott Lambert said: “We are very excited to start working…

This quarter in brake stocks

Brake Stocks Tank in Q4

The fourth quarter of 2018 was very, very bad for brake stocks. The biggest loser was Veoneer, an automated-driving start-up. The company’s stock lost more than half its value, shaving more than $2 billion of the company’s market cap. Many…