Sensata Completes Purchase of TPMS Manufacturer
Sensata Technologies B.V., a wholly-owned indirect subsidiary of Sensata Technologies Holding N.V., has completed its acquisition of TPMS manufacturer and supplier Schrader International. In August, Sensata agreed to acquire Schrader from Madison Dearborn Partners LLC for a total enterprise value of $1 billion. According to Sensata, the acquisition gives Sensata a lead position in the
Sensata Technologies to Purchase TPMS Manufacturer
Sensata Technologies B.V., a wholly-owned indirect subsidiary of Sensata Technologies Holding N.V., has reached an agreement to acquire TPMS manufacturer and supplier Schrader International from Madison Dearborn Partners LLC for a total enterprise value of $1 billion. The transaction is expected to close during the fourth quarter of 2014. “The acquisition of Schrader extends
Schrader Expands Tennessee Facility
Schrader International has expanded its Springfield, Tenn., facility with a new $15 million capacity investment. The company announced the news while celebrating another accomplishment – the company has produced 300 million TPMS sensors. According to Schrader, for those global vehicle platforms equipped with direct TPMS technology, more than half utilize Schrader sensors. The company said that it
TPMS Tools: Turn a Dash Light Into a Profit Center
While the replacement of service kits is undeniably a small-ticket item, it is also a remarkably consistent necessity, bringing in a constant flow of profit and helping build stronger, loyal relationships with customers.
TPMS: Educating the Consumer Benefits Your Shop
Let’s all face it, nobody gets into the tire business for the cheering crowds or the recognition and deep respect of our fellow man. If you did, I’d like a sample of what you’ve been smoking, please. No, we’re all in the tire business to make money, but unfortunately that’s been getting a bit harder
42% of Drivers Cannot Identify TPMS Warning Lights
A new study has found that 42% of drivers cannot accurately identify the tire pressure monitoring system dashboard warning symbol. While the customer survey, recently conducted by TNS on behalf of Schrader International, showed an increase in TPMS recognition from a 2010 survey, there is still plenty of room for more education, said Schrader. Recognizing
Schrader Grows Training and Educational Program in 2014
Schrader International announced plans to expand its educational, awareness and TPMS training programs. The company trained 5,971 people in 2013, which is a 45% increase in people trained from the previous year. Schrader International said its training programs have been a major resource in helping its customer-partners service more than 104 million TPMS-equipped vehicles currently
Schrader Introduces New Canada Regional Sales Manager
Schrader International announced the addition of a new regional sales manager position in Western Canada. Filling that role is Aaron Nelson. An automotive industry veteran, Nelson brings nearly a decade of experience working with automotive and diesel performance products. Based in Edmonton, Nelson’s responsibilities include assisting Schrader customers with their TPMS programs and driving sales
Product Spotlight: TPMS Tools
The latest reset tools and kits for tire pressure monitoring systems are easy to use and offer variety so technicians can troubleshoot sensors as quickly as possible. Even the most difficult relearns can be completed with ease thanks to wireless printing technology, better displays and simple sensor look-up options.
Weighing TPMS Options
Finding the right sensor replacements for your tire shop – programmable vs. pre-programmed.