Auto Recycling eNewsletter
For immediate release – April 2007
Written and published by Mike Gibson and Ron Sturgeon, www.autosalvageconsultant.com, email Mike. To register for future free issues, visit http://www.autosalvageconsultant.com. Don’t forget to watch for our management articles monthly in Recyclers Power Source Magazine, or posted at our web site.
LKQ Corporation Announces First Quarter 2007 Earnings Audio Webcast Scheduled for Thursday, April 26, 2007 At 10:30 a.m. Eastern Time (9:30 a.m. Central Time) CHICAGO, April 4, 2007 (PRIME NEWSWIRE)
LKQ Corporation (Nasdaq:LKQX), the largest nationwide provider of recycled light vehicle OEM products and related services and the second largest nationwide provider of aftermarket collision replacement products and refurbished wheels, will release its first quarter 2007 financial earnings results on Thursday, April 26, 2007 before 7:00 a.m. Eastern Time. To discuss the earnings results, the Company will host an audio webcast that same morning at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) on Thursday, April 26, 2007. The webcast can be accessed via the Company's website at www.lkqcorp.com in the Investor Relations section. An online replay of the webcast will be available on the Company's website approximately two hours after the live presentation and will remain on the site until May 10, 2007.
Gurnee being watched Auto-salvage firm's plan to relocate angers Park City By Courtney Flynn Tribune staff reporter Published March 30, 2007
A seemingly simple plan to move an auto-salvage business from one side of a Gurnee street to the other has outraged residents of a nearby manufactured-home community who say it would threaten their health, property values and residential peace. Auto Parts City, which has operated on the north side of Washington Street for more than two decades, wants to relocate to a bigger piece of land on the south side of the street so it can modernize. But more than 120 residents in the bordering community of Park City submitted a petition to Gurnee officials saying the plan would destroy their quality of life. "This junk is going to back right up to my yard," Park City Ald. Jack Gilmore said. "I bought this place 22 years ago, and I had no idea something like this would come up." Jordan Madorsky, a spokesman for Auto Parts City owners Jay and Larry Brosten, said the proposal was designed with Park City residents in mind. "We understand their concerns; we're sensitive to them, and we respect the people of Park City," Madorsky said. "That's why the plan has been done so conscientiously." The Gurnee Village Board is expected to vote on the matter Monday.
Better than a junkyard? Company says so, but residents mostly say, 'No' Wednesday, March 28, 2007 Press-Register, By JEFF AMY
Only once during a community meeting with 15 neighbors did Pull-A-Part's Steve Levetan use the "j-word." Junkyard. Pull-A-Part, an Atlanta-based company, describes itself as a "discount, do-it-yourself auto-parts retailer." As part of its growth across the Southeast, leaders sell their company as a better class of auto-salvage operation, promising that the company won't create the problems associated with traditional junkyards. Advertisement "Pull-A-Part is different, and we're different from any of the images that go through your mind when you think of auto salvage," Levetan, the company's senior vice president, said at a community meeting March 20 at Forest Hill Elementary School. Some neighbors of the parcel, northwest of the corner of Moffett Road and Interstate 65, remained skeptical. "It's a bad feeling when you've got this kind of junk coming into your neighborhood," Theodore Craig, whose house off Wilkins Road borders the property, said at the meeting. Pull-A-Part wants to purchase a 66-acre parcel at the end of DeSirrah Drive, a street that runs west off the I-65 service road. The land borders homes on a number of nearby streets, including Wilkins Road, Poates Place and Isabella Lane. Levetan said the company would spend $4.5 million to create an auto-salvage operation in which the public can come in and remove parts from junked cars. Levetan said the company would arrange 1,800 to 2,000 vehicles on its lot at any one time in neat rows, flattening each car and sending it off to be shredded after 60 to 90 days on the lot. Overall, the company would buy as many as 10,000 cars a year. The company pledges that fluids, batteries and mercury switches will be removed from cars before they go onto the lot, and cites environmental praise it has received in other states where it operates. Levetan said the company has never been fined or cited by environmental regulators.
Barge capsizes in Commencement Bay, The Columbian, Mar 23, 11:29 PM EDT TACOMA, Wash. (AP)
A
barge capsized while leaving a dock, sending its load of 4,000 tons of scrap
metal to the bottom of Commencement Bay. No one was hurt and there appeared
to be no ecological damage, the Coast Guard said Friday. The accident
happened Thursday night as the barge was leaving a dock at Schnitzer Steel
Industries. The Coast Guard was investigating, Petty Officer Shawn Eggert of
the Coast Guard's Seattle headquarters said. The barge was towed back to the
dock Friday, and Schnitzer Steel officials were arranging to have the scrap
metal salvaged, Eggert said. The Coast Guard issued a "notice to mariners"
warning of the metal, which was located about 60 feet off the Schnitzer
dock.
How’s Business?
“ Let’s be honest. There’s not a business anywhere that is without problems. Business is complicated and imperfect. Every business everywhere is staffed with imperfect human beings and exists by providing a product or service to other imperfect human beings.” Bob Parsons
AutoSalvageconsultant.com was formed in 2001 to help recyclers improve their businesses. With over 50 years of experience in 3 staff members, the group is THE definitive source for recyclers’ management and training needs. Mike Gibson and Tammy Sturgeon joined the team in 2003, and bring a wealth of experience to the team, plus more resources, as there have been more requests for help than Ron could meet. The founder, Ron Sturgeon is past owner of AAA Small Car World. In 1999, he sold his six Texas locations, with 140 employees, to Greenleaf. In 2001, he founded North Texas Insurance Auction, which he sold to Copart in 2002. In 2002, his book “Salvaging Millions” was published to help small business owners achieve significant success, and was recently reprinted and published in Chinese. In June 2003, he joined the new ownership and management team of GreenLeaf. He also manages his real estate holdings and investments. You can learn more about how to help your business at www.autosalvageconsultant.com. Mike can be reached at 628 SW Rand Drive, Burleson, TX 76028, (preferably) email Mike, or 817-925-8430.