6 minute read
AROUND THE INDUSTRY
by EndeavorBusinessMedia-VehicleRepairGroup
JIFFY LUBE OF INDIANA GIVES TRAFFIC STOP GIFT CARDS
Jiffy Lube of Indiana has partnered with several local and statewide police departments on an initiative to provide Jiffy Lube gift cards instead of tickets for minor traffic violations.
As part of the “not ticket, let’s fix it” initiative, participating police stations were given a total of 2,500 $25 gift cards to give out drivers to help pay for necessary repairs such as broken tail lights. “Our mission at Jiffy Lube of Indiana has always been to better the communities we serve,” said Steve Sanner, president and owner of Jiffy Lube of Indiana, via a news release. “With the support of the Central Indiana Police Foundation we are able to contribute to community members’ essential needs on a larger scale while invoking goodness and generosity to Hoosiers in need.” In total, Jiffy Lube of Indiana donated $200,000 to law enforcement agencies across the state as part of the initiative.
RELADYNE ACQUIRES ALEXIS/GIS
Auto lube distributor RelaDyne announced Tuesday it acquired Alexis Oil Company and Global Industrial Solutions, both collectively known as Alexis/GIS.
The acquisition extends RelaDyne’s reach into southern California and “expands its presence in Arizona,” according to a news release from the company. Founded in 1987, Alexis/GIS became a “world-class supplier” of lubricant products, fuel delivery and industrial reliability services.
“Our strategic alignment with the Alexis/GIS team stems from the ‘customer centric solutions’ mindset we share,” RelaDyne President and CEO Larry Stoddard said. “The Leara family built a phenomenal business, and we are honored to help carry on that legacy for the next generation and beyond.”
VALVOLINE ACQUIRES 6 SERVICE CENTERS
Valvoline Instant Oil Change announced an agreement with franchisee Phoenix 27, LLC to acquire six franchise-owned Valvoline service centers in Kentucky.
Financial details of the acquisition have not been disclosed at this time per a news release from the company, though the deal is expected to close by the end of the 2021 fiscal year.
“When Steve Goddard, owner of Phoenix 27 LLC, made the difficult decision to sell, we knew it was the right fit to add these six service centers into Valvoline’s established network of 49 Company-owned Kentucky locations,” VIOC Operations VP Matthew Furcolo said in the release. “We thank Steve for entrusting the future of his business and employees to us.”
TAKE 5 ADDS TEXAS LOCATION
Take 5 Oil Change on Friday added another store front in Texas.
According to Bluebonnet News, the Take 5 acquired the locally owned Express Lube shop in Liberty, Texas, about 45 miles northeast of Houston. The acquisition was finalized on July 30.
The store’s former owner, Bobby Pope, said he had mixed feelings about selling, but Take 5 “made an offer he could not refuse.” according to the report. Take 5 offered to keep all employees of Express Lube on staff.
“I am ready to go do something else. I built this from the ground up, so I am very emotional about selling,” Pope said. “I just want to thank the community for blessing me and my family for all these years. I never would have thought this business would become what it is to the community. It’s been huge.”
The store closed for the next couple of weeks for renovation.
FTC VOWS TO INCREASE RIGHT TO REPAIR ENFORCEMENT
The Federal Trade Commission unanimously voted to increase enforcement against repair restrictions that discourage independent repairers, among other entities, from having equal right to repair products like vehicles.
The move follows an FTC report and years of research that focused on how OEMs work against independent repairers to favor automotive service and repair at affiliated dealer service centers. This new focus on enforcement will target repair restrictions that “violate antitrust laws” or use deceptive practices. This includes alleged violations of the Magnuson-Moss Warranty Act.
The Automotive Oil Change Association, in partnership with other independent trade groups, has been lobbying for greater enforcement for years and applauded this latest move.
ILLINOIS JIFFY LUBE EMPLOYEE KILLED IN WORK ACCIDENT
A 29-year-old Jiff y Lube employee was killed after an accident in a McHenry, Ill., shop.
According to ABC 7 Chicago, a 91-year-old woman was leaving a service bay when she accelerated and hit an employee. The employee, who has not yet been identified, died a short time later at a hospital.
Per the report, “the driver was released while police investigate the circumstances surrounding the accident.”
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